Overview
What is Erie County Economic Development Charitable Fund?
The Erie County Economic Development Charitable Fund is a nonprofit organization situated in Sandusky, Ohio, specifically at 247 Columbus Avenue, Room/Suite 126. Their primary mission focuses on bolstering the local economy by aiding individuals and businesses in establishing, maintaining, and expanding within Erie County. Through comprehensive economic development programs, they aim to foster job creation and retention, thereby enhancing economic prospects for both individuals and businesses in the region. With a team of seven dedicated employees, the Erie County Economic Development Charitable Fund strives to amplify opportunities and drive growth within the community.
Official website here: www.eriecountyedc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Erie County Economic Development Charitable Fund has achieved a notable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This high rating is based entirely on its robust accountability and finance score of 96%, indicating effective management of resources and transparency in operations. The organization scored perfectly in various categories, including the independence of its board members and the absence of material diversions of assets.
Strengths highlighted by the data include a fully independent board of directors, which ensures unbiased governance and decision-making. The fund has a strong financial foundation, with a low liabilities-to-assets ratio of 10.81%, demonstrating financial stability. Additionally, a significant percentage of its expenses (79.03%) is allocated towards its programs, indicating a focus on fulfilling its charitable mission.
Despite its strengths, the summary does not indicate any significant limitations or areas of concern for the Erie County Economic Development Charitable Fund. Overall, the organization appears to be well-managed and dedicated to its goals, making it a reliable choice for potential donors looking to support economic development initiatives in Erie County.
This AI summary has been generated from information found on Charity Navigator.
Is Erie County Economic Development Charitable Fund legitimate?
Erie County Economic Development Charitable Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erie County Economic Development Charitable Fund 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: $403,280
For more financial information, click here
Official website here: www.eriecountyedc.org
What is the mission statement of Erie County Economic Development Charitable Fund?
The Erie County Economic Development Charitable Fund's mission is to facilitate both the creation and retention of job opportunities within the county. By implementing comprehensive economic development programs, this organization aims to boost economic prospects for individuals and businesses, thereby contributing to their growth and success. The fund's activities are geared towards serving the community by providing the necessary support to help businesses thrive and create a vibrant economic landscape.
Official website here: www.eriecountyedc.org
Who is the CEO of Erie County Economic Development Charitable Fund?
Eric Wobser is the Executive Di of Erie County Economic Development Charitable Fund.
Official website here: www.eriecountyedc.org
What is the revenue of Erie County Economic Development Charitable Fund?
Erie County Economic Development Charitable Fund's revenue in 2022 was $777,827.
Official website here: www.eriecountyedc.org
Who are the executives of Erie County Economic Development Charitable Fund and what are their salaries?
The average compensation at Erie County Economic Development Charitable Fund during 2022 was $57,611. There are 7 employees and 24 volunteers at Erie County Economic Development Charitable Fund.
Here are 21 key members and their salaries:
- Compensation: $109,808
- Related: $0
- Other: $3,294
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.eriecountyedc.org
Where can I find the form 990 for Erie County Economic Development Charitable Fund?
Erie County Economic Development Charitable Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eriecountyedc.org
Learn more at the official website: www.eriecountyedc.org
Mission Statement of Erie County Economic Development Charitable Fund
The Erie County Economic Development Charitable Fund is dedicated to facilitating both the creation and retention of job opportunities within Erie County. Their mission is to enhance economic prospects for individuals and businesses by implementing comprehensive economic development programs. By serving their community in this manner, the Fund aims to assist individuals and businesses in starting, maintaining, and growing within Erie County.
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
The Erie County Economic Development Charitable Fund plays a crucial role in enhancing the economic landscape of Erie County. By focusing on the creation and retention of jobs, the Fund directly impacts the livelihoods of individuals and the sustainability of businesses within the region. Its comprehensive economic development programs are designed to facilitate a supportive environment where businesses can start, thrive, and expand.
Through its initiatives, the Fund not only fosters economic growth but also increases opportunities for community members, ensuring they can access resources that promote financial stability and professional development. By prioritizing job creation and retention, the Fund contributes to long-term economic vitality, ultimately leading to a more robust and resilient community in Sandusky, Ohio. This commitment to community improvement serves as a catalyst for a brighter economic future for Erie County.
This information is meant to be a general summary of Erie County Economic Development Charitable Fund. 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: $219
- Program Service Revenue: $37,493
- Gross Receipts: $777,827
Assets and Liabilities:
- Total Assets: $883,382
- Total Liabilities: $95,510
- Net Assets: $787,872
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.
NEDC RISE REIMBURSMENT
Revenue
$18,993
ADMINSTRATIVE FEE INCOME
Revenue
$18,500
Organization Details
Phone
(419) 627-7791Principal Officer
Eric Wobser
Main Address
247 COLUMBUS AVENUE RM/STE 126, SANDUSKY, OH, 44870
Website
www.eriecountyedc.orgNTEE Category
Code: S30 - Community improvement
If you are a representative of Erie County Economic Development Charitable Fund 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.