Overview
What is Graves County Economic Development Inc?
Graves County Economic Development Inc, located at 210 East College Street, Mayfield, Kentucky 42066, is a small-scale nonprofit organization with a mission to proactively seek out new businesses and industries for economic growth in the Mayfield and Graves County area. Their primary focus is on attracting new companies, contributing to the local economy and creating opportunities for job creation and community development. With a team of three dedicated individuals, the organization is committed to fostering a thriving and prosperous business environment in Graves County, Kentucky.
Is Graves County Economic Development Inc legitimate?
Graves County Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graves County Economic Development 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: $187,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,079
For more financial information, click here
What is the mission statement of Graves County Economic Development Inc?
Graves County Economic Development Inc is committed to actively seeking out new businesses and industries to establish in the Mayfield, Kentucky, and Graves County area, with the primary aim of promoting economic development. Their goal is to attract new companies and industries to the region, thereby contributing to its economic growth and prosperity. The organization's activities are focused on identifying potential opportunities and facilitating the process of setting up operations in the area. Their mission is to stimulate economic growth and create job opportunities by attracting new industries to the region.
Who is the CEO of Graves County Economic Development Inc?
Ryan Drane is the President of Graves County Economic Development Inc.
What is the revenue of Graves County Economic Development Inc?
Graves County Economic Development Inc's revenue in 2020 was $1,841,300.
Who are the executives of Graves County Economic Development Inc and what are their salaries?
The average compensation at Graves County Economic Development Inc during 2020 was $96,396. There are 3 employees at Graves County Economic Development Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Graves County Economic Development Inc?
Graves County Economic Development Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Graves County Economic Development Inc
Graves County Economic Development Inc, a nonprofit organization, is committed to actively seeking out new companies and industries to establish in the Mayfield, Kentucky, and Graves County, Kentucky, areas. Their mission is centrally focused on driving economic growth by attracting new businesses, thereby enhancing the local economy. By actively searching for potential industries, Graves County Economic Development Inc aims to stimulate job creation and foster a prosperous business environment. Their activities are instrumental in propelling the economic development of the area, ultimately benefiting the community as a whole.
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Impact
October, 2024
Graves County Economic Development Inc plays a crucial role in enhancing the economic landscape of Mayfield and Graves County, Kentucky. By actively pursuing new companies and industries to establish operations in the area, it drives job creation and fosters local investment. This initiative cultivates a more diverse economic base, supports community improvement, and maximizes resources within the region. The organization's commitment to attracting industries not only strengthens the local economy but also enhances the quality of life for residents through increased employment opportunities and vibrant community growth.
This information is meant to be a general summary of Graves County Economic Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $67,384
- Gross Receipts: $1,841,300
Assets and Liabilities:
- Total Assets: $7,819,175
- Total Liabilities: $885,724
- Net Assets: $6,933,451
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Organization Details
Founding Year
1981
Phone
(270) 247-0626Principal Officer
Ryan Drane
Main Address
210 East College Street, Mayfield, KY, 42066
NTEE Category
Code: S32Z - Community improvement
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