Overview
What is Greenville Area Economic Development Corporation?
The Greenville Area Economic Development Corporation, located in Greenville, Pennsylvania (PA 16125), serves as a vital resource for both existing and prospective businesses in the region. Their mission is to stimulate and improve economic growth within Greenville and Mercer County, Pennsylvania, offering a range of services and programs to achieve this goal. These initiatives are geared towards fostering, enhancing, attracting, and promoting economic development in the area, ultimately contributing to a thriving local economy.
Official website here: www.gaedc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Greenville Area Economic Development Corporation has received a Three-Star rating, indicating a solid performance in accountability and finance. The organization has achieved a high level of transparency, with a fully independent board of directors and no material diversion of assets. The program expense ratio is notably high at 95.61%, suggesting that a significant portion of their budget is dedicated to their mission-driven activities.
However, there are areas for improvement, particularly regarding governance policies. The organization is missing essential policies such as a whistleblower policy and a document retention and destruction policy, which can be critical for maintaining accountability and ethical standards. The absence of these policies highlights a potential weakness in their operational framework.
Overall, while the Greenville Area Economic Development Corporation demonstrates strong financial health and governance practices, addressing the missing policies could enhance its accountability and further bolster its reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Greenville Area Economic Development Corporation legitimate?
Greenville Area Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenville Area 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gaedc.org
What is the mission statement of Greenville Area Economic Development Corporation?
The Greenville Area Economic Development Corporation's mission is centered around fostering, enhancing, and promoting economic growth. This is achieved through the design and implementation of services and programs. The organization's activities extend to attracting new businesses and supporting existing ones, thereby contributing to the economic development of the area. Their services include consulting, offering valuable insights and guidance to both established and prospective businesses in the region.
Official website here: www.gaedc.org
Who is the CEO of Greenville Area Economic Development Corporation?
Ellen Pardee is the Chairman of Greenville Area Economic Development Corporation.
Official website here: www.gaedc.org
What is the revenue of Greenville Area Economic Development Corporation?
Greenville Area Economic Development Corporation's revenue in 2022 was $151,795.
Official website here: www.gaedc.org
Who are the executives of Greenville Area Economic Development Corporation and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.gaedc.org
Where can I find the form 990 for Greenville Area Economic Development Corporation?
Greenville Area Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gaedc.org
Learn more at the official website: www.gaedc.org
Mission Statement of Greenville Area Economic Development Corporation
The Greenville Area Economic Development Corporation, as its name suggests, is committed to serving a mission that involves fostering, enhancing, attracting, and promoting economic development within its jurisdiction. This nonprofit organization provides a range of services and programs that are specifically designed to stimulate and improve economic growth in Greenville and Mercer County, Pennsylvania. By offering consulting services to both existing and prospective businesses, the Greenville Area Economic Development Corporation plays a crucial role in driving the local economy forward, thereby contributing to the overall well-being of the community.
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Impact
October, 2024
The Greenville Area Economic Development Corporation significantly impacts the local economy by providing essential services and programs aimed at fostering and enhancing economic development in Greenville, PA, and Mercer County, PA. Through expert consulting services, they support both existing businesses and prospective entities, facilitating growth, job creation, and viability within the region. Their mission focuses on attracting and promoting initiatives that improve the community, ultimately enhancing the overall economic landscape of the area. By actively engaging with businesses and promoting development opportunities, the organization plays a crucial role in the ongoing improvement and sustainability of the local economy.
This information is meant to be a general summary of Greenville Area 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: $100
- Program Service Revenue: $112,198
- Gross Receipts: $151,795
Assets and Liabilities:
- Total Assets: $359,805
- Total Liabilities: $0
- Net Assets: $359,805
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCUBATOR RENT
Revenue
$111,318
COBBLESTONE INCOME
Revenue
$880
Organization Details
Founding Year
1984
Phone
(724) 588-1161Principal Officer
Ellen Pardee
Main Address
301 ARLINGTON DRIVE, GREENVILLE, PA, 16125
Website
www.gaedc.orgNTEE Category
Code: S30 - Community improvement
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