Butler County Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251736873 ✦ Butler, PA ✦ Designated as a 501(c)(4)

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Overview

What is Butler County Development Corporation?

Butler County Development Corporation is a nonprofit organization situated in Butler County. Its primary objective is to stimulate economic growth and preserve employment levels within the county. They achieve this by offering low-interest loans to eligible projects. These projects are chosen based on their potential to combat unemployment and sustain high employment rates in the county. The corporation's mission is geared towards fostering development in Butler County, thereby contributing to its overall prosperity.

Is Butler County Development Corporation legitimate?

Butler County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Butler County Development Corporation submitted a form 990EZ, 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.

What is the mission statement of Butler County Development Corporation?

The Butler County Development Corporation's mission is centered around fulfilling its exempt purpose. This involves providing low-interest loans to eligible projects. The primary objective of these loans is to combat unemployment and sustain employment at a high level within Butler County. Moreover, the corporation contributes to economic development within the county by offering these financial assistance programs.

Who is the CEO of Butler County Development Corporation?

Daniel Santoro is the Treasurer of Butler County Development Corporation.

What is the revenue of Butler County Development Corporation?

Butler County Development Corporation's revenue in 2022 was $0.

Who are the executives of Butler County Development Corporation and what are their salaries?


Here are 5 key members and their salaries:


James Ferguson (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Santoro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Oliverio (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Semel (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Paserba (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Butler County Development Corporation?

Butler County Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Butler County Development Corporation

Butler County Development Corporation, as a nonprofit organization, is dedicated to fulfilling its exempt purpose by offering low-interest loans to eligible projects. The primary goal of these loans is to combat unemployment and preserve employment levels in Butler County at a substantial rate. This mission is achieved through promoting economic development within the county, thereby contributing to its overall growth and prosperity. The Corporation's activities are geared towards fostering an environment that supports job creation and retention, ultimately leading to a stronger and more sustainable economy in Butler County.

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Impact




October, 2024

The Butler County Development Corporation significantly impacts the local economy by providing low-interest loans to qualified projects aimed at alleviating unemployment and sustaining high employment levels. This support fosters economic development in Butler County, helping to create and maintain jobs, stimulate local businesses, and enhance community improvement. By focusing on initiatives that drive growth and stability, the Corporation contributes to a healthier economic landscape within the community, ultimately benefiting residents and businesses alike.




This information is meant to be a general summary of Butler County 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.

Revenue
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Principal Officer

    Daniel Santoro

    Main Address

    110 EAST DIAMOND STREET SUITE 201, BUTLER, PA, 16001

    NTEE Category

    Code: S31 - Community improvement

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