Overview
What is Lincoln County Economic Development Council?
The Lincoln County Economic Development Council (EDC) is a nonprofit organization committed to bolstering the economic well-being of Lincoln County, Washington. Their primary focus includes enhancing internet access through broadband expansion and improvement, addressing the challenges faced by municipal water systems in small communities, and fostering business growth through creation, retention, and expansion. The EDC collaborates with local entities to improve internet service, engages in regional water system collaboration, and supports local businesses through promotional activities, tax incentives, and property listings. With a mission dedicated to social welfare through economic development, the EDC's initiatives aim to foster a thriving and vibrant Lincoln County.
Official website here: www.lincolncedc.org
Is Lincoln County Economic Development Council legitimate?
Lincoln County Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln County Economic Development Council 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: $30,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,195
For more financial information, click here
Official website here: www.lincolncedc.org
What is the mission statement of Lincoln County Economic Development Council?
The Lincoln County Economic Development Council operates exclusively for social welfare purposes, with a particular focus on economic development within the county. Its mission is to foster economic growth and development, working towards the betterment of the local community. The council is actively involved in several key programs, including improving and expanding broadband services to ensure businesses and residents have reliable internet access. They have also initiated a collaboration among municipalities to address the challenges in delivering clean water and sanitary sewer services, and they work on promoting local businesses and attracting new ones to the area.
Official website here: www.lincolncedc.org
What is the revenue of Lincoln County Economic Development Council?
Lincoln County Economic Development Council's revenue in 2024 was $215,799.
Official website here: www.lincolncedc.org
Who are the executives of Lincoln County Economic Development Council and what are their salaries?
The average compensation at Lincoln County Economic Development Council during 2024 was $28,318. There are 2 employees at Lincoln County Economic Development Council.
Here are 8 key members and their salaries:
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Official website here: www.lincolncedc.org
Where can I find the form 990 for Lincoln County Economic Development Council?
Lincoln County Economic Development Council's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lincolncedc.org
Learn more at the official website: www.lincolncedc.org
Mission Statement of Lincoln County Economic Development Council
The Lincoln County Economic Development Council (LCEDC) is dedicated to serving social welfare purposes, with a focus on economic development within Lincoln County. The organization's mission is to actively contribute to the county's economic growth and prosperity. They undertake various initiatives to ensure that businesses and residents in the area have access to reliable and faster internet services, recognizing the crucial role that technology plays in the modern economy. The LCEDC collaborates with local authorities to secure funding for broadband network development, aiming to improve internet service in rural areas of the county. They also maintain a list of internet service providers to assist businesses and residents in finding the best provider for their specific location and needs.
In addition to broadband expansion, the LCEDC is committed to addressing the challenges faced by small communities in delivering clean water and sanitary sewer services. They advocate for regional collaboration among nearby communities, enabling them to share resources and expertise, thereby reducing costs and enhancing service delivery. The organization also offers training and certification programs for local staff, addressing the issue of staff turnover to larger communities with larger budgets.
The LCEDC's mission extends to fostering business growth and development within Lincoln County. They promote local recreational opportunities to attract tourists, encouraging them to spend their leisure time and discretionary income in the county. The organization also assists businesses by providing one-on-one consultations and maintaining lists of available commercial properties to help place businesses in vacant storefronts. Their efforts aim to stimulate economic activity, create new businesses, and retain existing ones, ultimately contributing to the overall well-being of Lincoln County.
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Impact
October, 2024
The Lincoln County Economic Development Council (EDC) plays a vital role in stimulating economic growth and enhancing the quality of life in Lincoln County through various initiatives and projects.
One of the EDC's significant contributions is in broadband expansion and improvement. By conducting thorough broadband planning and service tracking, the EDC aims to ensure that residents and businesses have access to faster, more reliable internet. This effort has led to collaborations with the county's commissioners to secure funding for a county-wide middle-mile broadband network, emphasizing the importance of connectivity for local economic development.
Another critical area of impact is the enhancement of municipal water systems. The EDC assists small communities in navigating the regulatory challenges of providing clean water and sanitary services, facilitating joint efforts among several municipalities. This regional collaboration has not only improved utility management but has also drawn attention from state agencies seeking to replicate these successful strategies in other rural areas.
Furthermore, the EDC is committed to fostering local business creation, retention, and expansion. By leveraging the federal Opportunity Zone designation, the EDC attracts new businesses with tax benefits while promoting tourism and local recreational activities to enhance the local economy. Their initiatives, including social media campaigns to support local businesses and the maintenance of available commercial properties, help fill vacant storefronts and invigorate the economic landscape.
In summary, the Lincoln County Economic Development Council's impact is multifaceted, focusing on improving essential services, fostering collaboration among communities, and promoting economic opportunities that benefit all residents.
This information is meant to be a general summary of Lincoln County Economic Development Council. 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: $5,557
- Program Service Revenue: $45,719
- Gross Receipts: $215,799
Assets and Liabilities:
- Total Assets: $428,273
- Total Liabilities: $36,601
- Net Assets: $391,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LODGING TAX INCOME-REIMB
Revenue
$12,372
Membership Dues & Assessments
Revenue
$33,347
Organization Details
Founding Year
2007
Principal Officer
Janice Meats
Website
www.lincolncedc.orgNTEE Category
Code: S300 - Community improvement
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