Overview
What is Bradford Economic Development Corporation?
The Bradford Economic Development Corporation, situated in Bradford, Pennsylvania, is a nonprofit organization primarily focused on fostering local economic growth. They achieve this through the management of a 300-acre industrial park situated in Foster Township. The corporation's mission involves promoting business development within this 71-acre sector, actively maintaining the park and marketing available, site-ready lots for economic development purposes. The organization currently employs 14 individuals, demonstrating their commitment to contributing to the community's economic wellbeing.
Is Bradford Economic Development Corporation legitimate?
Bradford Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bradford Economic Development Corporation 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 Bradford Economic Development Corporation?
The Bradford Economic Development Corporation's mission is centered around promoting local economic and business growth. To achieve this, they focus on the development of an industrial park spanning over 71 acres. This organization, situated in an unspecified location, maintains a larger 300-acre industrial park for the economic needs of its community. The Corporation's primary role is to keep the industrial park in good condition and market available, site-ready lots for economic development purposes.
Who is the CEO of Bradford Economic Development Corporation?
Norm Strotman is the President of Bradford Economic Development Corporation.
What is the revenue of Bradford Economic Development Corporation?
Bradford Economic Development Corporation's revenue in 2022 was $18.
Who are the executives of Bradford Economic Development Corporation and what are their salaries?
There are 14 employees at Bradford Economic Development Corporation.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Bradford Economic Development Corporation?
Bradford Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bradford Economic Development Corporation
Bradford Economic Development Corporation, in its mission, is dedicated to fostering local economic growth and business development. This is achieved primarily through the development and maintenance of an extensive 71-acre industrial park. The organization's role extends beyond mere maintenance; it actively markets available site-ready lots within this industrial park for the purpose of attracting businesses that can contribute to the community's economic development. By doing so, Bradford Economic Development Corporation plays a crucial part in promoting a thriving and prosperous economic landscape within the Bradford community.
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Impact
October, 2024
The Bradford Economic Development Corporation plays a crucial role in enhancing the local economy and promoting business growth in Bradford, PA. By developing and managing a 300-acre industrial park in Foster Township, the organization provides essential infrastructure that facilitates economic development. The 71-acre portion of this park is specifically dedicated to fostering new business opportunities, attracting investments, and supporting existing enterprises.
By maintaining the industrial park and marketing sites that are ready for development, the Corporation effectively positions Bradford as an attractive location for businesses seeking to establish or expand their operations. This effort not only helps to create jobs but also stimulates local investment, thereby reinforcing the community’s economic vitality and resilience. Through these initiatives, the Bradford Economic Development Corporation contributes significantly to the ongoing improvement and growth of the local area, ensuring a brighter economic future for its residents.
This information is meant to be a general summary of Bradford Economic Development Corporation. 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: $18
- Gross Receipts: $18
Assets and Liabilities:
- Total Assets: $1,991,485
- Total Liabilities: $0
- Net Assets: $1,991,485
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Organization Details
Founding Year
1951
Phone
(814) 368-7170Principal Officer
Norm Strotman
Main Address
PO Box 490, Bradford, PA, 16701
NTEE Category
Code: S31 - Community improvement
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