Overview
What is Chambersburg Area Development Corporation?
The Chambersburg Area Development Corporation, situated in Chambersburg, Pennsylvania, serves as a catalyst for economic growth in the region. Their primary focus is on procuring, developing, and selling land for industrial purposes, thereby stimulating local business development. As a nonprofit entity, their main mission is to foster economic development within the Chambersburg area. This includes providing support and resources to help local businesses thrive and grow, ultimately contributing to the overall economic prosperity of the community.
Official website here: www.chambersburg.org/affiliates/cadc
What do the Facebook reviews say about Chambersburg Area Development Corporation?
90% of 24 reviewers on Facebook recommend the Chambersburg Area Development Corporation. Here is a summary of their reviews:
Many individuals find the organization lively and engaging, especially noting that events they host are enjoyable and well-organized. Users appreciate the community involvement opportunities provided by the nonprofit, which contribute positively to local development initiatives.
Overall, there's a strong sense that the organization thrives when hosting events, creating a sense of fun and community engagement among attendees.
This AI summary has been generated from reviews found on Facebook.
Is Chambersburg Area Development Corporation legitimate?
Chambersburg Area Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chambersburg Area 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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Official website here: www.chambersburg.org/affiliates/cadc
What is the mission statement of Chambersburg Area Development Corporation?
The Chambersburg Area Development Corporation's mission revolves around promoting economic growth. In essence, its primary objective is to facilitate economic development within its jurisdiction. This is achieved through various means, including the purchase, development, and subsequent sale of land for industrial purposes. By doing so, the corporation aims to foster a thriving economic environment, potentially attracting new businesses and creating job opportunities.
Official website here: www.chambersburg.org/affiliates/cadc
Who is the CEO of Chambersburg Area Development Corporation?
William Everly Jr is the Vice Preside of Chambersburg Area Development Corporation.
Official website here: www.chambersburg.org/affiliates/cadc
What is the revenue of Chambersburg Area Development Corporation?
Chambersburg Area Development Corporation's revenue in 2022 was $3,203,154.
Official website here: www.chambersburg.org/affiliates/cadc
Who are the executives of Chambersburg Area Development Corporation and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.chambersburg.org/affiliates/cadc
Where can I find the form 990 for Chambersburg Area Development Corporation?
Chambersburg Area Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chambersburg.org/affiliates/cadc
Learn more at the official website: www.chambersburg.org/affiliates/cadc
Mission Statement of Chambersburg Area Development Corporation
The Chambersburg Area Development Corporation, a notable entity, is dedicated to promoting economic growth within its sphere. Its primary mission involves facilitating economic development in the Chambersburg area. To achieve this objective, the corporation engages in strategic activities, such as the purchase, development, and subsequent sale of land for industrial purposes. By doing so, it contributes to the creation of an enabling environment for businesses to thrive and grow, ultimately leading to economic prosperity.
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Impact
October, 2024
Chambersburg Area Development Corporation plays a crucial role in fostering economic growth within the Chambersburg area. By focusing on the purchase, development, and sale of land for industrial purposes, the organization actively facilitates the establishment of new businesses, encourages job creation, and stimulates local investment. Its mission concentrates on enhancing the economic landscape, which directly contributes to community improvement and a more vibrant local economy. As a result, the corporation not only supports existing businesses but also attracts new ventures, ultimately leading to an enriched quality of life for residents and a broadened economic base for the community.
This information is meant to be a general summary of Chambersburg Area 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: $2,702,320
- Program Service Revenue: $15,359
- Gross Receipts: $4,151,512
Assets and Liabilities:
- Total Assets: $18,940,526
- Total Liabilities: $1,400,120
- Net Assets: $17,540,406
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDUSTRIAL DEVELOPMENT FEES
Revenue
$15,359
Organization Details
Founding Year
1960
Phone
(717) 264-7101Principal Officer
William Everly Jr
Main Address
100 LINCOLN WAY EAST RM/STE A, CHAMBERSBURG, PA, 17201
NTEE Category
Code: S41 - Community improvement
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