Overview
What is South Shore Economic Development Corp?
The South Shore Economic Development Corp, located at 1050 Hingham Street, Rockland, MA 02370, is a nonprofit organization dedicated to fostering economic development and sustainable community growth in the Greater South Shore of Massachusetts. Its primary mission involves promoting economic progress within the region, working in collaboration with the South Shore Chamber of Commerce, a related party, to strengthen the regional economy and encourage community development for sustainable growth.
Is South Shore Economic Development Corp legitimate?
South Shore Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. South Shore Economic Development Corp 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 South Shore Economic Development Corp?
The South Shore Economic Development Corp's mission is centered around promoting economic development in the greater South Shore region of Massachusetts. They work in close collaboration with the South Shore Chamber of Commerce, another related party, to bolster the local economy and foster community development for sustainable growth. The organization's primary goal is to facilitate economic advancement and ensure sustainable community growth within the specified area.
Who is the CEO of South Shore Economic Development Corp?
Peter Forman is the Chairman of South Shore Economic Development Corp.
What is the revenue of South Shore Economic Development Corp?
South Shore Economic Development Corp's revenue in 2022 was $178,133.
Who are the executives of South Shore Economic Development Corp and what are their salaries?
There 24 volunteers at South Shore Economic Development Corp.
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Where can I find the form 990 for South Shore Economic Development Corp?
South Shore Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Shore Economic Development Corp
The South Shore Economic Development Corp, an organization with a close relationship with the South Shore Chamber of Commerce, is dedicated to fostering economic growth in the greater South Shore region of Massachusetts. Its mission is twofold: promoting economic development and facilitating sustainable community growth. The corporation works tirelessly to strengthen the regional economy and contribute to the overall well-being of the community, aiming for a harmonious and enduring development in the area.
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Impact
October, 2024
The South Shore Economic Development Corp plays a significant role in enhancing economic development and sustainable community growth in the Greater South Shore of Massachusetts. By collaborating closely with the South Shore Chamber of Commerce, it fosters a stronger regional economy and emphasizes community development. This partnership helps create job opportunities, supports local businesses, and promotes initiatives that lead to long-term sustainability and prosperity in the area. The organization is dedicated to improving the quality of life for residents while stimulating economic activity across the region.
This information is meant to be a general summary of South Shore Economic Development Corp. 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: $5,301
- Gross Receipts: $199,149
Assets and Liabilities:
- Total Assets: $167,761
- Total Liabilities: $216,334
- Net Assets: -$48,573
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Organization Details
Founding Year
1951
Phone
(617) 479-1111Principal Officer
Peter Forman
Main Address
1050 HINGHAM STREET, ROCKLAND, MA, 02370
NTEE Category
Code: S30 - Community improvement
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