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Albany-Dougherty Economic Development Commission Inc

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

EIN: 262878181 ✦ Albany, GA ✦ Designated as a 501(c)(6)

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Overview

What is Albany-Dougherty Economic Development Commission Inc?

Albany-Dougherty Economic Development Commission Inc, situated in Albany, Georgia, serves as the principal promotional and marketing body for the city and Dougherty County. Their primary objective is to foster economic growth by focusing on three key areas: retaining and expanding existing businesses, attracting new industries, and conducting marketing and research activities. The Commission, with a team of five dedicated individuals, is committed to enhancing the local economy through their strategic approach.


Official website here: www.choosealbany.com

Is Albany-Dougherty Economic Development Commission Inc legitimate?

Albany-Dougherty Economic Development Commission Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Albany-Dougherty Economic Development Commission 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $152,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,704

For more financial information, click here


Official website here: www.choosealbany.com

What is the mission statement of Albany-Dougherty Economic Development Commission Inc?

The Albany-Dougherty Economic Development Commission Inc focuses on promoting business growth within its operations. Its primary objectives include attracting new businesses, supporting the expansion of existing industries, and marketing the region to potential investors. The commission employs a three-pronged approach to foster economic development, with a significant emphasis on retaining existing businesses and recruiting new ones. By utilizing marketing and research strategies, the commission aims to enhance the local economy and contribute to its overall prosperity.


Official website here: www.choosealbany.com

Who is the CEO of Albany-Dougherty Economic Development Commission Inc?

Jana W Dyke is the Director of Albany-Dougherty Economic Development Commission Inc. The CEO's salary of Albany-Dougherty Economic Development Commission Inc is $129,000 and their total compensation is $143,424.


Official website here: www.choosealbany.com

What is the revenue of Albany-Dougherty Economic Development Commission Inc?

Albany-Dougherty Economic Development Commission Inc's revenue in 2022 was $705,570.


Official website here: www.choosealbany.com

Who are the executives of Albany-Dougherty Economic Development Commission Inc and what are their salaries?

The average compensation at Albany-Dougherty Economic Development Commission Inc during 2022 was $40,210. There are 5 employees at Albany-Dougherty Economic Development Commission Inc.


Here are 14 key members and their salaries (Albany-Dougherty Economic Development Commission Inc's CEO's salary is $129,000 and their total compensation is $143,424):


Milan Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hatcher (Director/Vic)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clinton Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mccoy (Director/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Parker To 042122 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Fulford To 110321 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Warbington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Church (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Marchant (Director, Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Revell To 110321 (Director/Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Carter From 041921 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orlando Rambo From 042122 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana W Dyke (Pres/Ceo)
  • Compensation: $129,000
  • Related: $0
  • Other: $14,424


Official website here: www.choosealbany.com

Where can I find the form 990 for Albany-Dougherty Economic Development Commission Inc?

Albany-Dougherty Economic Development Commission Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.choosealbany.com

Learn more at the official website: www.choosealbany.com

Mission Statement of Albany-Dougherty Economic Development Commission Inc

Albany-Dougherty Economic Development Commission Inc is dedicated to fostering business growth in its area of focus. This nonprofit organization employs a three-pronged strategy to achieve this goal: business retention and expansion, recruitment, and marketing and research. By retaining and expanding existing businesses, the Commission plays a crucial role in maintaining a thriving local economy. Additionally, it actively seeks out new businesses to join the region, thereby diversifying the economic landscape. Furthermore, it conducts extensive marketing and research activities to promote the area as an attractive destination for businesses, ultimately contributing to its overall economic development.

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Impact




October, 2024

The Albany-Dougherty Economic Development Commission Inc plays a crucial role in bolstering the local economy of Albany and Dougherty County, Georgia. By focusing on three primary areas—business retention and expansion, recruitment of new businesses, and strategic marketing—the Commission actively fosters a vibrant economic landscape.

Through its efforts to retain and support existing industries, the Commission helps ensure that local businesses can thrive and grow, thus maintaining jobs and enhancing community stability. Its recruitment initiatives target new businesses, attracting diverse industries that can contribute to the area's economic diversification and resilience. Additionally, the Commission's marketing and research functions elevate the Albany-Dougherty region’s profile, making it an appealing destination for potential investors and entrepreneurs.

Overall, the Commission’s comprehensive approach not only stimulates economic growth but also nurtures a supportive environment for businesses, leading to enhanced community improvement and quality of life for residents.




This information is meant to be a general summary of Albany-Dougherty Economic Development Commission Inc. 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
$705,570 (2022)
Expenses
$464,889 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $372
  • Gross Receipts: $705,570

Assets and Liabilities:

  • Total Assets: $1,044,039
  • Total Liabilities: $120,850
  • Net Assets: $923,189

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Organization Details

Founding Year

2008

Principal Officer

Jana W Dyke

Main Address

125 PINE AVENUE SUITE 200, ALBANY, GA, 31701

NTEE Category

Code: S41 - Community improvement

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