Overview
What is Somerset County Business Partnership Inc?
Somerset County Business Partnership Inc, located at 360 Grove Street, Bridgewater, New Jersey, is a nonprofit organization with a mission to foster prosperity and sustainability. They serve as a bridge between public and private sectors, their members, and the larger business community. Their primary activities include offering a variety of business resources, such as networking events, educational programs, and services. Their top focus areas include member services, tourism, and economic development. With a dedicated workforce of seven individuals, the partnership strives to build strong connections and shape a thriving future for the region.
Official website here: www.scbp.org
Is Somerset County Business Partnership Inc legitimate?
Somerset County Business Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Somerset County Business Partnership Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $355,763
For more financial information, click here
Official website here: www.scbp.org
What is the mission statement of Somerset County Business Partnership Inc?
The Somerset County Business Partnership's mission is centered around fostering robust relationships between its public, private, and business sector partners. This mission aims to establish a thriving and sustainable future for all involved. The organization offers its members and the broader business community a variety of resources, such as networking opportunities and educational events, primarily focusing on member services, tourism, and economic development.
Official website here: www.scbp.org
Who is the CEO of Somerset County Business Partnership Inc?
Chris Edwards is the CEO of Somerset County Business Partnership Inc The CEO's salary of Somerset County Business Partnership Inc is $140,675 and their total compensation is $140,675.
Official website here: www.scbp.org
What is the revenue of Somerset County Business Partnership Inc?
Somerset County Business Partnership Inc's revenue in 2023 was $979,485.
Official website here: www.scbp.org
Who are the executives of Somerset County Business Partnership Inc and what are their salaries?
The average compensation at Somerset County Business Partnership Inc during 2023 was $44,470. There are 8 employees and 53 volunteers at Somerset County Business Partnership Inc.
Here are 6 key members and their salaries (Somerset County Business Partnership Inc's CEO's salary is $140,675 and their total compensation is $140,675):
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- Compensation: $140,675
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Official website here: www.scbp.org
Where can I find the form 990 for Somerset County Business Partnership Inc?
Somerset County Business Partnership Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.scbp.org
Learn more at the official website: www.scbp.org
Mission Statement of Somerset County Business Partnership Inc
Somerset County Business Partnership, as a mission-driven organization, aims to foster dynamic relationships between its public, private, and business sector partners. Their primary objective is to construct a thriving and sustainable future for the entire business community. To achieve this, the partnership provides a diverse array of business resources, such as networking opportunities and educational events, to its members and the wider business community. Their key program areas include member services, tourism, and economic development, all of which are geared towards fostering prosperity and sustainability.
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Impact
October, 2024
Somerset County Business Partnership Inc plays a crucial role in fostering vibrant connections among public and private sectors, members, and the broader business community. By providing a diverse array of business resources, including networking opportunities, educational events, and additional services, it significantly enhances the local economic landscape.
Their initiatives in member services, tourism, and economic development contribute to a more prosperous and sustainable future for the region. By facilitating collaboration and communication among stakeholders, the organization helps to drive community improvement and ensure that businesses can thrive in Bridgewater, NJ, and beyond. The Partnership's efforts not only support individual businesses but also create a robust environment that encourages economic growth and development throughout Somerset County.
This information is meant to be a general summary of Somerset County Business Partnership Inc. 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 2023.
- Investment Income: $9,211
- Program Service Revenue: $142,285
- Gross Receipts: $979,485
Assets and Liabilities:
- Total Assets: $1,377,951
- Total Liabilities: $169,083
- Net Assets: $1,208,868
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Programs
Revenue
$142,285
Organization Details
Founding Year
1919
Principal Officer
Chris Edwards
Website
www.scbp.orgNTEE Category
Code: S41 - Community improvement
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