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Tri-County Council Foundation Inc

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

EIN: 260353071 ✦ Salisbury, MD ✦ Designated as a 501(c)(3)

Overview

What is Tri-County Council Foundation Inc?

Tri-County Council Foundation Inc, located at 31901 TRI-COUNTY WAY 201, Salisbury, Maryland 21804, is a nonprofit organization dedicated to fostering economic growth and job opportunities on the Lower Eastern Shore of Maryland and Virginia. They primarily accomplish this mission through grant awards, aiming to support and enhance the region's development. With a team of 160 employees, the foundation plays a significant role in driving development and job retention in the Lower Eastern Shore area.


Official website here: www.tcclesmd.org

Is Tri-County Council Foundation Inc legitimate?

Tri-County Council Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-County Council Foundation Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,559,678

For more financial information, click here


Official website here: www.tcclesmd.org

What is the mission statement of Tri-County Council Foundation Inc?

The Tri-County Council Foundation Inc is dedicated to promoting economic development in the Lower Eastern Shore region, encompassing both Maryland and Virginia. Their primary focus is on fostering job growth, retention, and advancement within this area. They achieve this mission through the allocation of grant awards, which are instrumental in funding these economic development initiatives.


Official website here: www.tcclesmd.org

Who is the CEO of Tri-County Council Foundation Inc?

Gregory Padgham is the Immediate Past Chair of Tri-County Council Foundation Inc.


Official website here: www.tcclesmd.org

What is the revenue of Tri-County Council Foundation Inc?

Tri-County Council Foundation Inc's revenue in 2022 was $4,415,773.


Official website here: www.tcclesmd.org

Who are the executives of Tri-County Council Foundation Inc and what are their salaries?

The average compensation at Tri-County Council Foundation Inc during 2022 was $22,248. There are 160 employees at Tri-County Council Foundation Inc.

Here are 8 key members and their salaries:

    Rex Simpkins (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Cannon (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Elder (1St Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eldon Willing (2Nd Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Nordstrom (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Hastings (3Rd Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Senator Mary Beth Carozza (At-Large Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Laird (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tcclesmd.org

    Where can I find the form 990 for Tri-County Council Foundation Inc?

    The Tri-County Council Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tcclesmd.org

    Learn more at the official website: www.tcclesmd.org

    Mission Statement of Tri-County Council Foundation Inc

    Tri-County Council Foundation Inc, a dedicated organization, is committed to fostering economic development, encouraging job growth, and promoting retention and advancement in the Lower Eastern Shore of Maryland and Virginia. Their primary focus is on supporting initiatives that contribute to the overall economic development of this region. The foundation achieves this mission primarily through grant awards, investing in projects and programs that align with their objectives. By doing so, they aim to stimulate economic growth and create opportunities for local businesses and communities.

    Impact

    This information is meant to be a general summary of Tri-County Council Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Tri-County Council Foundation Inc's impact lies in promoting economic development, job growth, retention, and the overall development of the Lower Eastern Shore of Maryland and Virginia. Through grant awards, this organization supports initiatives aimed at bolstering the economy, creating job opportunities, and fostering growth in this region. Their focus on education aligns with their mission to advance economic development and nurture a thriving community on the Eastern Shore.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $4,246,745
  • Gross Receipts: $4,415,773

    • Assets and Liabilities:
  • Total Assets: $367,480
  • Total Liabilities: $182,158
  • Net Assets: $185,322
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYMENT SERVICES

    Revenue

    $4,154,129

    OTHER ACTIVITIES - SOC

    Revenue

    $92,616

    Organization Details

    Founding Year

    2007

    Principal Officer

    Gregory Padgham

    Main Address

    31901 TRI-COUNTY WAY 201, SALISBURY, MD, 21804

    NTEE Category

    Code: B90 - Education

    If you are a representative of Tri-County Council Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.