Overview
What is Washington County Council On Economic Development?
Washington County Council On Economic Development, abbreviated as WCCED, is a dedicated nonprofit organization located in Washington, Pennsylvania. Their primary mission revolves around community economic development. Specifically, they are developing the Starpoint Industrial Park, with the aim of selling parcels to businesses that can generate additional employment opportunities within Washington County. With a team of eight dedicated individuals, WCCED plays a significant role in fostering economic growth and development within their community.
Official website here: www.washingtoncountypa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star rating.
Washington County Council On Economic Development has received a commendable Four-Star rating from Charity Navigator, reflecting its high level of accountability and finance management. The charity's overall score is based entirely on its strong performance in these areas, with particularly high marks for its independent board members and the robustness of its financial oversight mechanisms.
The organization boasts a fully independent board, which is crucial for maintaining transparency and integrity in its operations. Additionally, it has implemented several key policies, including conflict of interest and whistleblower protections, which further strengthen its governance framework. The charity has also demonstrated sound financial health, with a program expense ratio of 78.61%, indicating that a significant majority of its resources are directed towards its programs.
However, while the organization has a solid Liabilities to Assets ratio of 54.27%, it received a slightly lower score in this area. This suggests that there may be room for improvement in managing liabilities relative to its assets. Overall, the Washington County Council On Economic Development shows strong commitment to accountability and effective financial practices, making it a reliable option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Washington County Council On Economic Development legitimate?
Washington County Council On Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington County Council On Economic Development 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: $50,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,944
For more financial information, click here
Official website here: www.washingtoncountypa.org
What is the mission statement of Washington County Council On Economic Development?
The Washington County Council On Economic Development (WCCED) is committed to a mission of community economic development. Their primary objective is to foster growth and create job opportunities within the community. Currently, they are developing the Starpoint Industrial Park, aiming to sell lots to businesses that will contribute to additional employment in the area. The WCCED's mission encompasses promoting economic prosperity and enhancing the overall well-being of the community.
Official website here: www.washingtoncountypa.org
Who is the CEO of Washington County Council On Economic Development?
Rich Sahar is the Chairman of Washington County Council On Economic Development.
Official website here: www.washingtoncountypa.org
What is the revenue of Washington County Council On Economic Development?
Washington County Council On Economic Development's revenue in 2022 was $790,117.
Official website here: www.washingtoncountypa.org
Who are the executives of Washington County Council On Economic Development and what are their salaries?
The average compensation at Washington County Council On Economic Development during 2022 was $35,574. There are 8 employees and 4 volunteers at Washington County Council On Economic Development.
Here are 11 key members and their salaries:
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- Compensation: $78,057
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Official website here: www.washingtoncountypa.org
Where can I find the form 990 for Washington County Council On Economic Development?
Washington County Council On Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.washingtoncountypa.org
Learn more at the official website: www.washingtoncountypa.org
Mission Statement of Washington County Council On Economic Development
The Washington County Council On Economic Development, often referred to as WCCED, is committed to a mission focused on community economic development. This mission involves working towards the advancement of the local economy, aiming to create additional job opportunities within Washington County. To achieve this goal, WCCED is currently developing an industrial park known as Starpoint Industrial Park. The aim is to sell lots within this park to businesses, thereby contributing to the creation of new jobs within the county.
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Impact
October, 2024
Washington County Council on Economic Development (WCCED) plays a vital role in fostering economic growth and community development in Washington County, PA. One of its significant initiatives is the development of the Starpointe Industrial Park, which aims to attract businesses by providing land for their operations. This effort not only enhances the local economy but also focuses on job creation, contributing to an improved quality of life for residents.
By facilitating investment in the region, WCCED helps to stimulate local commerce and industry. The cultivation of an industrial park is a strategic move that can lead to a diversified economic base, reducing reliance on any single industry while encouraging innovation and entrepreneurship. The economic activities generated through WCCED's initiatives can lead to greater community improvement, ultimately resulting in enhanced public services and infrastructure.
Overall, WCCED's commitment to community economic development has a significant impact on the local economy, promoting job growth, attracting new businesses, and improving the overall well-being of Washington County's residents.
This information is meant to be a general summary of Washington County Council On Economic Development. 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: $21,814
- Program Service Revenue: $222,647
- Gross Receipts: $790,117
Assets and Liabilities:
- Total Assets: $22,859,108
- Total Liabilities: $12,407,314
- Net Assets: $10,451,794
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$191,276
MANAGEMENT FEES
Revenue
$31,371
Organization Details
Founding Year
1989
Phone
(724) 255-8223Principal Officer
Rich Sahar
Main Address
273 S MAIN STREET, WASHINGTON, PA, 15301
Website
www.washingtoncountypa.orgNTEE Category
Code: S300 - Community improvement
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