Overview
What is Economic Development Company Of Lancaster County?
Economic Development Company of Lancaster County, based in Lancaster, Pennsylvania, is a nonprofit organization dedicated to fostering community and economic growth in the region. They aim to realize Lancaster County's full potential for growth and long-term prosperity, benefiting the community as a whole. Their strategic plan is driven by leadership, collaboration, communication, prioritization, responsiveness, and measurement. The organization actively cultivates, retains, and expands industry within the county. Furthermore, they influence and lead systemic responses to specific opportunities and threats to economic growth and stability. Providing and analyzing robust economic information serves as a core foundation to strengthen the regional economy. Additionally, they align and grow their competencies, resources, and tools to reflect their strategic priorities, contributing to financial sustainability. During the COVID-19 pandemic, the Economic Development Company of Lancaster County has also been involved in broad economic recovery activities, demonstrating their adaptability and commitment to the community's well-being.
Official website here: www.edclancaster.com
Is Economic Development Company Of Lancaster County legitimate?
Economic Development Company Of Lancaster County is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Company Of Lancaster 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: $352,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $875,022
For more financial information, click here
Official website here: www.edclancaster.com
What is the mission statement of Economic Development Company Of Lancaster County?
The Economic Development Company of an unspecified region aims to enhance the economic well-being of its community. It accomplishes this by bringing together business resources, capital, and government for selective, measurable, and sustainable growth. The organization actively cultivates, retains, and expands industries in the region. It also plays a role in influencing or leading systemic responses to opportunities and threats affecting economic growth and stability.
Furthermore, the Economic Development Company provides and analyzes robust economic information as a foundation to strengthen the regional economy. To maintain financial sustainability, it aligns and grows its competencies, resources, and tools to reflect its strategic priorities. Additionally, the company engages in COVID-19 driven broad economic recovery activities.
In summary, the Economic Development Company's mission is to foster economic growth and prosperity by leveraging resources, promoting industry development, and making informed decisions based on economic data.
Official website here: www.edclancaster.com
Who is the CEO of Economic Development Company Of Lancaster County?
Lisa D Riggs is the President of Economic Development Company Of Lancaster County.
Official website here: www.edclancaster.com
What is the revenue of Economic Development Company Of Lancaster County?
Economic Development Company Of Lancaster County's revenue in 2022 was $1,772,058.
Official website here: www.edclancaster.com
Who are the executives of Economic Development Company Of Lancaster County and what are their salaries?
The average compensation at Economic Development Company Of Lancaster County during 2022 was $72,180. There are 17 employees and 20 volunteers at Economic Development Company Of Lancaster County.
Here are 22 key members and their salaries:
- Compensation: $200,907
- Related: $0
- Other: $24,918
- Compensation: $106,158
- Related: $0
- Other: $20,050
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.edclancaster.com
Where can I find the form 990 for Economic Development Company Of Lancaster County?
Economic Development Company Of Lancaster County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edclancaster.com
Learn more at the official website: www.edclancaster.com
Mission Statement of Economic Development Company Of Lancaster County
The Economic Development Company of Lancaster County, with a focus on enhancing the economic well-being of its community, brings together business resources, capital, and government for selective, measurable, and sustainable growth. By doing so, the organization aims to foster an environment that supports the cultivation, retention, and expansion of industry, as well as influences or leads systemic responses to opportunities and threats impacting economic growth and stability. In addition, the company provides and analyzes robust economic information, serving as a core foundation to strengthen the regional economy. Furthermore, the Economic Development Company of Lancaster County aligns and grows its competencies, resources, and tools to reflect strategic priorities, thereby strengthening its financial sustainability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Economic Development Company of Lancaster County plays a pivotal role in fostering economic vitality and community well-being across the region. By intentionally cultivating, retaining, and expanding industries, the organization strengthens the economic fabric of the county, ensuring that businesses can thrive and create jobs.
Their strategic approach addresses specific opportunities and threats to economic stability, allowing for responsive actions that promote sustainable growth. Through robust analysis and the provision of vital economic information, they equip stakeholders with the insights needed to make informed decisions that enhance regional prosperity.
Moreover, the Economic Development Company aligns its resources and competencies with strategic priorities, ensuring the long-term sustainability of economic initiatives. In light of challenges such as those posed by the COVID-19 pandemic, they have actively implemented recovery strategies to support businesses and stimulate the local economy. Overall, their work contributes to a more inclusive community that benefits all residents, positioning Lancaster County for continued success and growth.
This information is meant to be a general summary of Economic Development Company Of Lancaster 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $58,695
- Program Service Revenue: $1,615,928
- Gross Receipts: $2,307,749
Assets and Liabilities:
- Total Assets: $2,689,327
- Total Liabilities: $344,017
- Net Assets: $2,345,310
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDC FINANCE ADMIN FEES
Revenue
$743,340
MEMBERSHIP DUES
Revenue
$566,375
FEES FROM FOUNDATION
Revenue
$163,742
PROJECT FEES
Revenue
$56,758
SPONSORSHIPS
Revenue
$47,000
Organization Details
Founding Year
1960
Phone
(717) 397-4046Principal Officer
Lisa D Riggs
Main Address
115 EAST KING STREET, LANCASTER, PA, 17602
Website
www.edclancaster.comNTEE Category
Code: S30 - Community improvement
If you are a representative of Economic Development Company Of Lancaster County and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.