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Carlisle Area Economic Development Corporation Inc

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

EIN: 231702304 ✦ Carlisle, PA ✦ Designated as a 501(c)(3)

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Overview

What is Carlisle Area Economic Development Corporation Inc?

The Carlisle Area Economic Development Corporation Inc, situated in Carlisle, Pennsylvania, is a nonprofit organization dedicated to fostering economic growth in the area. They achieve this by offering competitive financing arrangements and providing valuable information to the local business community. Currently, they have two outstanding loans under their management. This organization is intrinsically linked with the Greater Carlisle Area Chamber of Commerce, supporting its charitable and educational endeavors. Their mission is to contribute positively to the economic development and prosperity of Carlisle, Pennsylvania.

Is Carlisle Area Economic Development Corporation Inc legitimate?

Carlisle Area Economic Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carlisle Area Economic Development Corporation 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: $105,259

For more financial information, click here

What is the mission statement of Carlisle Area Economic Development Corporation Inc?

The Carlisle Area Economic Development Corporation Inc is established with a primary objective to further and support the charitable and educational aims of the Greater Carlisle Area Chamber of Commerce. The corporation's mission is centered around promoting economic development in its respective area. This is accomplished by offering competitive financing options and disseminating relevant information to the business community. At present, the corporation has two outstanding loans. In essence, the Carlisle Area Economic Development Corporation Inc serves to stimulate economic growth and provide financial assistance to businesses within its jurisdiction.

Who is the CEO of Carlisle Area Economic Development Corporation Inc?

Nicole Deary is the Chair of Carlisle Area Economic Development Corporation Inc.

What is the revenue of Carlisle Area Economic Development Corporation Inc?

Carlisle Area Economic Development Corporation Inc's revenue in 2023 was $385,675.

Who are the executives of Carlisle Area Economic Development Corporation Inc and what are their salaries?

There 43 volunteers at Carlisle Area Economic Development Corporation Inc.


Here are 9 key members and their salaries:


Kevin Curtis (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barrie Ann George (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Gayman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Quintin (Chamber Appointee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Lisk (Business In Education Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kaufman (Chamber Appointee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Griffie (Chamber Appointee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Olsen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Deary (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carlisle Area Economic Development Corporation Inc?

Carlisle Area Economic Development Corporation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Carlisle Area Economic Development Corporation Inc

Carlisle Area Economic Development Corporation Inc is an organization established with a primary objective of carrying out and supporting the charitable and educational purposes of the Greater Carlisle Area Chamber of Commerce. In simpler terms, its mission is to foster economic growth in the Carlisle, Pennsylvania area. It achieves this by offering competitive financing arrangements and disseminating information to the local business community. At the moment, the corporation has two active loans on its books. By providing these financial resources and information, Carlisle Area Economic Development Corporation Inc plays a crucial role in boosting the economic development of the community it serves, ultimately contributing to its overall prosperity.

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Impact




October, 2024

The Carlisle Area Economic Development Corporation Inc significantly enhances the economic landscape of the Carlisle, Pennsylvania area. By offering competitive financing arrangements, it provides crucial support to local businesses, fostering growth and stability within the community. Currently managing two outstanding loans, the organization plays a vital role in facilitating access to necessary resources for business development.

In addition to financial support, the corporation actively disseminates information vital to the business community, empowering entrepreneurs with the knowledge they need to thrive. This dual approach not only encourages economic development but also strengthens the overall community fabric by enabling local enterprises to flourish. Through its initiatives, the Carlisle Area Economic Development Corporation Inc is instrumental in driving community improvement and contributing to the long-term prosperity of the region.




This information is meant to be a general summary of Carlisle Area Economic Development Corporation 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.

Revenue
$385,675 (2023)
Expenses
$269,990 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,891
  • Program Service Revenue: $290,011
  • Gross Receipts: $396,252

Assets and Liabilities:

  • Total Assets: $569,491
  • Total Liabilities: $5,748
  • Net Assets: $563,743

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL PROGRAMS

Revenue

$281,988

ECONOMIC LOAN PROGRAM

Revenue

$8,023

Organization Details

Founding Year

1961

Principal Officer

Nicole Deary

Main Address

801 S HANOVER ST, CARLISLE, PA, 17013

NTEE Category

Code: S31 - Community improvement

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