Overview
What is Kerr-Tar Regional Economic Development Corporation?
Established in Henderson, North Carolina, Kerr-Tar Regional Economic Development Corporation is a nonprofit organization dedicated to fostering economic and community growth in the four neighboring counties of Franklin, Granville, Vance, and Warren. Their mission encompasses promoting and supporting various development activities within these regions, aiming to improve the local economy and community as a whole. While specific programs or initiatives were not provided in the information, it is clear that the corporation's purpose is to drive development and better the lives of residents in these counties.
Is Kerr-Tar Regional Economic Development Corporation legitimate?
Kerr-Tar Regional Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kerr-Tar Regional Economic Development Corporation 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.
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What is the mission statement of Kerr-Tar Regional Economic Development Corporation?
The Kerr-Tar Regional Economic Development Corporation was established with a mission to promote and support economic and community development activities. Specifically, its purpose extends to four counties in North Carolina: Franklin, Granville, Vance, and Warren. The corporation aims to foster growth and development in these regions, contributing to their overall well-being and prosperity. By engaging in economic and community development activities, the corporation seeks to improve the quality of life for the communities it serves.
What is the revenue of Kerr-Tar Regional Economic Development Corporation?
Kerr-Tar Regional Economic Development Corporation's revenue in 2024 was $303,547.
Who are the executives of Kerr-Tar Regional Economic Development Corporation and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Kerr-Tar Regional Economic Development Corporation?
Kerr-Tar Regional Economic Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Kerr-Tar Regional Economic Development Corporation
Kerr-Tar Regional Economic Development Corporation, established for a noble purpose, is committed to fostering and bolstering economic and community development activities. This nonprofit organization has set its sights on four North Carolina counties: Franklin, Granville, Vance, and Warren. Its mission is to actively promote and support various developmental initiatives within these regions, aiming to stimulate economic growth and enhance community well-being.
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Impact
October, 2024
The Kerr-Tar Regional Economic Development Corporation significantly impacts economic and community vitality in the four North Carolina counties of Franklin, Granville, Vance, and Warren. By focusing on promoting and supporting development activities, the organization drives initiatives that enhance local economies, foster job creation, and improve the quality of life for residents.
Through strategic partnerships and targeted programs, Kerr-Tar identifies and addresses the specific needs of each county, encouraging investment and collaboration among businesses, government entities, and community organizations. This holistic approach leads to sustainable growth and revitalization, empowering communities to thrive.
Additionally, the corporation plays a critical role in facilitating resources, providing technical assistance, and supporting infrastructure development, which further bolsters economic resilience. The emphasis on community improvement not only enhances economic prospects but also strengthens social ties and fosters a sense of belonging among residents, contributing to the overall well-being of the region.
This information is meant to be a general summary of Kerr-Tar Regional Economic Development Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $3,453
- Gross Receipts: $303,547
Assets and Liabilities:
- Total Assets: $13,264,104
- Total Liabilities: $5,785,345
- Net Assets: $7,478,759
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Organization Details
Founding Year
2005
Principal Officer
Dan Brummitt
NTEE Category
Code: S30 - Community improvement
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