Overview
What is Wooster Growth Corporation?
Wooster Growth Corporation is a nonprofit organization located in Wooster, Ohio, with an address at 538 North Market Street. Its primary mission is to stimulate economic and civic development in the city of Wooster. The corporation facilitates loans provided by the Ohio Department of Development for companies, assisting with construction, modifications, and equipping of commercial facilities. By doing so, it aims to create job opportunities within the city. In essence, Wooster Growth Corporation works to promote and advance the industrial, economic, commercial, and civic development of Wooster, Ohio.
Is Wooster Growth Corporation legitimate?
Wooster Growth Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wooster Growth 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Wooster Growth Corporation?
The Wooster Growth Corporation was established with the primary objective of fostering, encouraging, and promoting industrial, economic, commercial, distribution, research, and civic development. Its mission is to advance these sectors, aiming to create job opportunities within its operations. To achieve this, the corporation facilitates loans provided by the Ohio Department of Development, specifically for corporations to construct, modify, and equip commercial facilities within their operations. This initiative is crucial in stimulating economic growth and job creation.
Who is the CEO of Wooster Growth Corporation?
Andrei A Dordea is the President of Wooster Growth Corporation.
What is the revenue of Wooster Growth Corporation?
Wooster Growth Corporation's revenue in 2022 was $217,010.
Who are the executives of Wooster Growth Corporation and what are their salaries?
There 20 volunteers at Wooster Growth Corporation.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wooster Growth Corporation?
Wooster Growth Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wooster Growth Corporation
Wooster Growth Corporation, a formal entity, was established with a singular objective. This objective revolves around fostering and enhancing the economic and civic development of industries, commerce, and distribution within a city, specifically identifying Wooster as its focus. The corporation's ultimate purpose is to advance, encourage, and promote industrial, economic, commercial, distribution, research, and civic development within the specified city.
To achieve this mission, Wooster Growth Corporation facilitates financial assistance in the form of loans from the Ohio Department of Development. These loans are designed to aid corporations in constructing, modifying, and equipping commercial facilities within the city. This initiative ultimately serves to create job opportunities within the city, thereby contributing to its overall economic growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Wooster Growth Corporation plays a pivotal role in enhancing the economic landscape of Wooster, Ohio. By facilitating loans through the Ohio Department of Development, the organization enables corporations to construct, modify, and equip commercial facilities. This financial support is crucial for fostering job creation within the city, ultimately leading to a more robust local economy.
The corporation’s mission focuses on promoting various aspects of development, including industrial, commercial, and civic initiatives. Through its efforts, Wooster Growth Corporation actively encourages investment in the community, driving growth and improving the quality of life for residents. By supporting corporate expansion and modernization, it helps create a dynamic environment where businesses can thrive, which in turn contributes to the overall vitality of Wooster.
This information is meant to be a general summary of Wooster Growth 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: $14,497
- Program Service Revenue: $147,590
- Gross Receipts: $217,010
Assets and Liabilities:
- Total Assets: $4,551,648
- Total Liabilities: $909,001
- Net Assets: $3,642,647
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE INCOME
Revenue
$124,526
LEASE INTEREST
Revenue
$23,064
Organization Details
Founding Year
1974
Phone
(330) 263-5225Principal Officer
Andrei A Dordea
Main Address
538 NORTH MARKET STREET, WOOSTER, OH, 446913406
NTEE Category
Code: S31 - Community improvement
If you are a representative of Wooster Growth Corporation 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.