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Norwalk Economic Development Corp

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

EIN: 341787391 ✦ Norwalk, OH ✦ Designated as a 501(c)(3)

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Overview

What is Norwalk Economic Development Corp?

The Norwalk Economic Development Corp, situated in Norwalk, Ohio (12 Benedict Avenue), is a dedicated nonprofit organization. Its primary mission is to promote the Norwalk area, enhancing public awareness of its offerings. This involves hosting events to showcase the region's attractions and potential, with the ultimate goal of encouraging more businesses and visitors to the area. Moreover, the organization is committed to fostering the revitalization and economic development of Norwalk, aiming to draw in additional business ventures and patrons. With a small team of only two employees, the Norwalk Economic Development Corp plays a significant role in shaping the growth and recognition of the Norwalk area.


Official website here: www.norwalknedc.com

Is Norwalk Economic Development Corp legitimate?

Norwalk Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norwalk Economic Development Corp 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: $133,596

For more financial information, click here


Official website here: www.norwalknedc.com

What is the mission statement of Norwalk Economic Development Corp?

The Norwalk Economic Development Corp's mission is centered around promoting the revitalization and economic development of a particular area. This initiative is aimed at attracting more businesses and patronage to enhance the region's overall growth. The organization carries out this mission by organizing events that raise public awareness, showcasing the area's offerings and potential.


Official website here: www.norwalknedc.com

Who is the CEO of Norwalk Economic Development Corp?

Zach Jones is the Ec. Dev. Dir of Norwalk Economic Development Corp.


Official website here: www.norwalknedc.com

What is the revenue of Norwalk Economic Development Corp?

Norwalk Economic Development Corp's revenue in 2022 was $264,669.


Official website here: www.norwalknedc.com

Who are the executives of Norwalk Economic Development Corp and what are their salaries?

The average compensation at Norwalk Economic Development Corp during 2022 was $66,798. There are 2 employees and 22 volunteers at Norwalk Economic Development Corp.


Here are 23 key members and their salaries:


Sarah Ross (Ec. Dev. Dir)
  • Compensation: $94,166
  • Related: $0
  • Other: $0
Zach Bleile (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Burkey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Camp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Euton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Fair (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chyllaum Foster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Huber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lendrum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Lepley (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Light (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angel Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Morrow (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harpak Mozaffari (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Newell (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Reed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Schaffer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Secor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandi Weltlin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Whaley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Whitacre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Wilde (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.norwalknedc.com

Where can I find the form 990 for Norwalk Economic Development Corp?

Norwalk Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.norwalknedc.com

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

Mission Statement of Norwalk Economic Development Corp

The Norwalk Economic Development Corp, in its mission, strives to revitalize and stimulate economic growth in the Norwalk area. Their primary objective is to entice additional businesses and patrons to the region, thereby enhancing its overall appeal and vitality. To achieve this goal, they organize events that showcase the Norwalk area, aiming to increase public awareness of its offerings and potential. By promoting the area in this manner, the Norwalk Economic Development Corp seeks to contribute to its economic development and prosperity.

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Impact




October, 2024

Norwalk Economic Development Corp plays a vital role in revitalizing and enhancing the economic landscape of the Norwalk area. By focusing on attracting additional businesses and patrons, the organization fosters a thriving local economy, creating opportunities for growth and job creation.

Through various events that highlight the unique offerings of Norwalk, they increase public awareness and engagement, encouraging community participation and support for local businesses. This initiative not only bolsters the economic vitality of the region but also enhances the quality of life for residents by promoting community improvement and cohesion. The efforts of Norwalk Economic Development Corp are instrumental in shaping a vibrant and prosperous future for the Norwalk area.




This information is meant to be a general summary of Norwalk Economic Development Corp. 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
$264,669 (2022)
Expenses
$271,238 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,183
  • Program Service Revenue: $5,152
  • Gross Receipts: $274,953

Assets and Liabilities:

  • Total Assets: $970,742
  • Total Liabilities: $442,896
  • Net Assets: $527,846

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEE FOR SERVICE

Revenue

$3,000

FEICHTNER SERVICE FEE INCOME

Revenue

$2,152

Organization Details

Founding Year

2002

Principal Officer

Zach Jones

Main Address

12 BENEDICT AVENUE, NORWALK, OH, 44857

NTEE Category

Code: S30 - Community improvement

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