Overview
What is Maricopa Economic Development Alliance?
The Maricopa Economic Development Alliance (MEDA) is a nonprofit organization based in Maricopa, Arizona, specifically at 15700 W EDISON RD 110. Their primary focus is driving the economic growth and prosperity of the city by championing strategic and effective solutions. The Alliance utilizes its resources to create compelling reasons for businesses to expand or relocate to Maricopa. MEDA aims to harmonize and maximize the city's economic assets, striving to build a vibrant economy that benefits the community's citizens. With a team of three dedicated individuals, MEDA works tirelessly to promote and mobilize Maricopa's economic assets.
Official website here: www.maricopaeda.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning a Two-Star out of Four Star rating. The Maricopa Economic Development Alliance has received a moderate rating reflecting its accountability and financial practices. With an Accountability & Finance Score of 63, the organization demonstrates strong governance with 100% of its board members being independent and a sound assets-to-liabilities ratio of 1.67%. However, there are notable weaknesses, including missing conflict of interest and whistleblower policies.
The organization allocates approximately 62.04% of its expenses directly to programs, which is a positive indicator of its commitment to mission-driven activities. However, this percentage is below the ideal benchmark, suggesting that there may be room for improvement in program funding efficiency. The lack of certain governance policies raises concerns about transparency and risk management, which could impact donor confidence.
Overall, while the Maricopa Economic Development Alliance shows strengths in certain areas of governance and financial management, its lack of specific policies and lower program expense ratio indicate potential areas for growth and enhancement in operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Maricopa Economic Development Alliance legitimate?
Maricopa Economic Development Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maricopa Economic Development Alliance 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: $186,176
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,052
For more financial information, click here
Official website here: www.maricopaeda.com
What is the mission statement of Maricopa Economic Development Alliance?
The Maricopa Economic Development Alliance (MEDA) is dedicated to promoting and mobilizing the economic resources of its community. The organization's mission is to create a compelling reason for businesses to expand or relocate to the area. By utilizing its resources, MEDA aims to synchronize and maximize the city's abundance of economic assets, ultimately building a vibrant economy that benefits its citizens.
Official website here: www.maricopaeda.com
Who is the CEO of Maricopa Economic Development Alliance?
Christian Price is the Ceo of Maricopa Economic Development Alliance. The CEO's salary of Maricopa Economic Development Alliance is $75,000 and their total compensation is $98,024.
Official website here: www.maricopaeda.com
What is the revenue of Maricopa Economic Development Alliance?
Maricopa Economic Development Alliance's revenue in 2023 was $889,442.
Official website here: www.maricopaeda.com
Who are the executives of Maricopa Economic Development Alliance and what are their salaries?
The average compensation at Maricopa Economic Development Alliance during 2023 was $105,409. There are 3 employees at Maricopa Economic Development Alliance.
Here are 20 key members and their salaries (Maricopa Economic Development Alliance's CEO's salary is $75,000 and their total compensation is $98,024):
- Compensation: $75,000
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- Other: $23,024
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Official website here: www.maricopaeda.com
Where can I find the form 990 for Maricopa Economic Development Alliance?
Maricopa Economic Development Alliance's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.maricopaeda.com
Learn more at the official website: www.maricopaeda.com
Mission Statement of Maricopa Economic Development Alliance
The Maricopa Economic Development Alliance, abbreviated as MEDA, is dedicated to fostering economic growth within the city of Maricopa. With a mission to promote and mobilize the city's economic resources, MEDA strives to create compelling reasons for businesses to expand or relocate to Maricopa. The organization's strategy involves utilizing its resources to synchronize and maximize Maricopa's abundance of economic assets, thereby building a vibrant economy that benefits the city's citizens. By doing so, MEDA aims to contribute to the city's overall development and prosperity.
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Impact
October, 2024
The Maricopa Economic Development Alliance (MEDA) plays a crucial role in fostering economic growth and prosperity in the City of Maricopa, Arizona. By strategically planning and implementing economic development programs, MEDA focuses on leveraging the city’s economic assets to attract and retain businesses.
Their mission centers on creating compelling reasons for companies to expand or relocate to Maricopa, effectively synchronizing the community’s resources to build a vibrant economy. This commitment not only enhances the economic landscape of the city but also contributes to job creation and improved quality of life for its residents. MEDA's initiatives encourage investment, community improvement, and overall economic vitality, making a significant impact on the future of Maricopa.
This information is meant to be a general summary of Maricopa Economic Development Alliance. 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 2023.
- Gross Receipts: $900,951
Assets and Liabilities:
- Total Assets: $610,350
- Total Liabilities: $10,207
- Net Assets: $600,143
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Organization Details
Founding Year
2009
Phone
(520) 424-0401Principal Officer
Christian Price
Main Address
15700 W EDISON RD 110, MARICOPA, AZ, 85138
Website
www.maricopaeda.comNTEE Category
Code: S30 - Community improvement
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