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Economic Development Corporation Of Sarasota County

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201133191 ✦ Sarasota, FL ✦ Designated as a 501(c)(6)

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Overview

What is Economic Development Corporation Of Sarasota County?

The Economic Development Corporation of Sarasota County is a nonprofit organization situated in Sarasota, Florida. Its primary mission is to boost the local economy by collaborating with community and regional partners. This involves assisting in the expansion of existing businesses, attracting and retaining quality job opportunities, and soliciting new business ventures. The corporation also works diligently to improve Sarasota County's business image and overall quality of life. With a team of nine dedicated individuals, the Economic Development Corporation of Sarasota County strives to diversify, grow, and sustain the economy while preserving the area's unique natural and cultural environment.


Official website here: www.edcsarasotacounty.com

Is Economic Development Corporation Of Sarasota County legitimate?

Economic Development Corporation Of Sarasota County is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Corporation Of Sarasota County submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $151,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $560,586

For more financial information, click here


Official website here: www.edcsarasotacounty.com

What is the mission statement of Economic Development Corporation Of Sarasota County?

The Economic Development Corporation of Sarasota County's mission is to collaborate with community and regional partners to catalyze economic growth. Their primary objective is to diversify the economy, create new opportunities, and ensure its sustainability. Additionally, they strive to enhance the natural and cultural environment, all while promoting Sarasota County's business image and improving its overall quality of life. They accomplish this by assisting the expansion of existing companies, attracting and retaining quality jobs, soliciting new business, and enhancing the county's appeal as a desirable place to live and work.


Official website here: www.edcsarasotacounty.com

Who is the CEO of Economic Development Corporation Of Sarasota County?

Erin Silk is the CEO of Economic Development Corporation Of Sarasota County The CEO's salary of Economic Development Corporation Of Sarasota County is $122,145 and their total compensation is $138,387.


Official website here: www.edcsarasotacounty.com

What is the revenue of Economic Development Corporation Of Sarasota County?

Economic Development Corporation Of Sarasota County's revenue in 2024 was $1,529,311.


Official website here: www.edcsarasotacounty.com

Who are the executives of Economic Development Corporation Of Sarasota County and what are their salaries?

The average compensation at Economic Development Corporation Of Sarasota County during 2024 was $54,760. There are 13 employees at Economic Development Corporation Of Sarasota County.

Here are 27 key members and their salaries (Economic Development Corporation Of Sarasota County's CEO's salary is $122,145 and their total compensation is $138,387):


Erin Silk (President/Ceo)
  • Compensation: $122,145
  • Related: $0
  • Other: $16,242
Joshua Ewen (Vice President, Economic Development)
  • Compensation: $104,850
  • Related: $0
  • Other: $11,256
Devaney Iglesias (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Henson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Morehart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Cigich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Irwin (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Crosby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Fritch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Lanham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Holbrook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Lambert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Mckenna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Mccallister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sensenbrenner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Severance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Shinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Arroyo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Cutsinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Gold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Langdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Kowalewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.edcsarasotacounty.com

Where can I find the form 990 for Economic Development Corporation Of Sarasota County?

Economic Development Corporation Of Sarasota County's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.edcsarasotacounty.com

Learn more at the official website: www.edcsarasotacounty.com

Mission Statement of Economic Development Corporation Of Sarasota County

The Economic Development Corporation of Sarasota County, with a mission-driven approach, aims to collaborate with local and regional partners to establish and nurture economic prospects. Their primary objective is to diversify, expand, and sustain the economy while preserving the area's distinctive natural and cultural environment. By working closely with community stakeholders, this organization strives to facilitate the expansion of existing businesses, attract and maintain high-quality employment opportunities, solicit new ventures, and promote a favorable business image for Sarasota County. Ultimately, their mission is geared towards enhancing the overall quality of life in the area.

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Impact




October, 2024

The Economic Development Corporation of Sarasota County plays a pivotal role in fostering economic opportunities and enhancing the overall quality of life in the region. By collaborating with community and regional partners, the organization focuses on diversifying and sustaining the local economy.

Key impacts include the support for the expansion of existing companies, which not only helps retain quality jobs but also stimulates the local workforce. The initiative to attract new businesses contributes to job creation, providing residents with diverse employment options.

Additionally, the Economic Development Corporation actively promotes Sarasota County's business image, making it an attractive destination for potential investors and entrepreneurs. This strategic approach not only aims to grow the economy but also ensures that the unique natural and cultural environment of Sarasota is preserved and promoted, contributing to a high quality of life for both residents and visitors. Overall, its efforts significantly enhance community improvement and economic resilience in Sarasota County.




This information is meant to be a general summary of Economic Development Corporation Of Sarasota County. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,529,311 (2024)
Expenses
$1,423,831 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $17,896
  • Gross Receipts: $1,631,612

Assets and Liabilities:

  • Total Assets: $858,365
  • Total Liabilities: $244,646
  • Net Assets: $613,719

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Organization Details

Founding Year

2004

Principal Officer

Erin Silk

NTEE Category

Code: S30 - Community improvement

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