Anderson Corporation For Economic Development

Corporation For Economic Development

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

EIN: 351473675 ✦ Anderson, IN ✦ Designated as a 501(c)(3)

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Overview

What is Anderson Corporation For Economic Development?

The Anderson Corporation for Economic Development, based in Anderson, Indiana, is a nonprofit organization with a mission to promote steady job growth, foster economic diversity, and strengthen the employer base in Madison County. With a team of three dedicated individuals, they achieve this by planning and undertaking activities, such as developing multiple industrial parks to attract and retain businesses and industry. Their primary focus is on enhancing the quality of life in Madison County through job creation and economic diversification. In 2022, they received 180 project submissions and successfully completed six projects, leading to the creation of over 240 new jobs and attracting over $550 million in investment. Their efforts contribute to the overall economic development and growth of the city and county.


Official website here: www.cedanderson.com

Is Anderson Corporation For Economic Development legitimate?

Anderson Corporation For Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anderson Corporation For Economic Development 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: $117,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,522

For more financial information, click here


Official website here: www.cedanderson.com

What is the mission statement of Anderson Corporation For Economic Development?

The Anderson Corporation for Economic Development aims to plan and initiate activities that foster a steady job growth, promote economic diversity, and strengthen the employer base. This mission is aimed at enhancing the overall quality of life. Central to their purpose is the development of multiple industrial parks to attract and retain businesses and industry. They also actively assist businesses in expanding or relocating within their region. In 2022, they received 180 project submissions and achieved 6 project successes, leading to the creation of over 240 new jobs and more than $550 million of investment.


Official website here: www.cedanderson.com

Who is the CEO of Anderson Corporation For Economic Development?

Mark Harville is the Director of Anderson Corporation For Economic Development.


Official website here: www.cedanderson.com

What is the revenue of Anderson Corporation For Economic Development?

Anderson Corporation For Economic Development's revenue in 2022 was $316,900.


Official website here: www.cedanderson.com

Who are the executives of Anderson Corporation For Economic Development and what are their salaries?

The average compensation at Anderson Corporation For Economic Development during 2022 was $58,507. There are 3 employees at Anderson Corporation For Economic Development.


Here are 16 key members and their salaries:


Kirk Klabunde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Montgomery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Donahue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Gildea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William O'Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Tharp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mia Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Townsend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Sparks (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Harville (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Migual Patterson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Earley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Fredericks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cedanderson.com

Where can I find the form 990 for Anderson Corporation For Economic Development?

Anderson Corporation For Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cedanderson.com

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

Mission Statement of Anderson Corporation For Economic Development

The Anderson Corporation for Economic Development, as its mission statement suggests, is dedicated to planning and executing activities aimed at fostering a steady job growth, promoting economic diversity, and strengthening the employer base in its jurisdiction. This nonprofit organization's primary objective is to enhance the quality of life in the area, achieving this by undertaking activities that lead to a robust job market and a diversified economy. Central to its mission is the development of multiple industrial parks, serving as magnets for businesses and industries, attracting and retaining them within its boundaries. Furthermore, the Anderson Corporation for Economic Development actively supports existing businesses in their growth or relocation endeavors, contributing significantly to the economic development of the region. In 2022, the organization received 180 project submissions and achieved six successful projects, resulting in the creation of over 240 new jobs and more than $550 million of investment, demonstrating its commitment to its mission.

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Impact




October, 2024

Anderson Corporation for Economic Development has significantly influenced job growth and economic diversification in Madison County, Indiana. By focusing on the planning and execution of initiatives that foster a robust employer base, the organization has successfully attracted new businesses and supported the expansion of existing ones.

In 2022, the Corporation received 180 new project submissions, leading to six successful projects that produced more than 240 new jobs and attracted over $550 million in investments. This highlights not only their effectiveness in project management but also their ability to enhance the local economy. Among the successes, they welcomed a brand-new business to Madison County while facilitating the growth of five existing companies.

Central to their strategy is the development of multiple industrial parks aimed at drawing in and retaining businesses. These efforts contribute to a stronger economic foundation for the city of Anderson and its surrounding areas, ultimately enhancing the quality of life for local residents. Through ongoing support for businesses looking to grow or relocate, Anderson Corporation for Economic Development is a catalyst for positive change in the community.




This information is meant to be a general summary of Anderson Corporation For Economic Development. 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
$316,900 (2022)
Expenses
$382,175 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $215,300
  • Gross Receipts: $316,900

Assets and Liabilities:

  • Total Assets: $388,302
  • Total Liabilities: $4,292
  • Net Assets: $384,010

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Programs

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

FEES FOR SERVICES

Revenue

$211,286

COMMON AREA MAINT FEES

Revenue

$4,014

Organization Details

Founding Year

1983

Principal Officer

Mark Harville

Main Address

739 MAIN ST, ANDERSON, IN, 46016

NTEE Category

Code: S31 - Community improvement

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