Overview
What is Door County Economic Development Corporation?
The Door County Economic Development Corporation (DCEDC) is a public-private partnership based in Sturgeon Bay, Wisconsin, with a mission to enhance the economic vitality of Door County and its residents. As a workforce development facilitator, DCEDC collaborates with educational institutions at various levels to ensure workforce readiness. In 2022, they partnered with businesses, Northwest Technical College (NWTC), and secondary educators to establish a Computer Numerical Control (CNC) machining program in Door County, addressing a top need for manufacturers in the area. DCEDC also engages Door County students in business opportunities, encouraging them to contribute to the local workforce. Additionally, they work towards attracting new working-age families to Door County, aiming to boost the economy and workforce year-round. With a team of nine dedicated individuals, DCEDC has contributed to the creation and retention of numerous jobs in the county through various programs and initiatives.
Official website here: www.doorcountybusiness.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Door County Economic Development Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its high standard of accountability and finance. The organization scored 96% in this category, demonstrating a strong commitment to transparency and responsible financial practices. This rating is particularly significant as it indicates effective management of resources and a focus on delivering on its mission.
Strengths of the organization include having an entirely independent board, which enhances governance and decision-making processes. The financial health of the corporation is highlighted by an impressive program expense ratio of 83.80%, indicating that a substantial portion of its expenditures directly supports its programs. Additionally, the organization has no reported material diversions of assets, further underscoring its financial integrity.
While the rating is overwhelmingly positive, the data does not provide specific insights into the organization's programmatic impact or community feedback. However, the solid financial management and governance practices noted in the evaluation serve as a strong foundation for the corporation's effectiveness in promoting economic development within Door County.
This AI summary has been generated from information found on Charity Navigator.
Is Door County Economic Development Corporation legitimate?
Door County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Door County Economic Development 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: $72,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,872
For more financial information, click here
Official website here: www.doorcountybusiness.com
What is the mission statement of Door County Economic Development Corporation?
The Door County Economic Development Corporation (DCEDC) is a public-private partnership committed to enhancing the economic vitality of its community and its residents. The organization has demonstrated success in assisting existing businesses in creating and retaining numerous jobs through various programs and initiatives. At the core of DCEDC's mission is workforce development, with a focus on collaborating with educational institutions at different levels to ensure workforce preparedness. The corporation acts as a facilitator between these educational institutions and businesses, aligning training programs with the skill sets required in the workplace. In 2022, DCEDC collaborated with businesses, Northwestern Technical College (NWTC), and secondary educators to establish a Computer Numerical Control (CNC) machining program in Door County, addressing a significant need for manufacturers in the area. DCEDC also offers programs to stimulate interest in business opportunities among local students, motivating them to contribute to the workforce and remain in the community. Furthermore, DCEDC works to attract new working-age families to the area, aiming to strengthen the economy and workforce on a year-round basis.
Official website here: www.doorcountybusiness.com
Who is the CEO of Door County Economic Development Corporation?
Michelle Lawrie is the Chair of Door County Economic Development Corporation.
Official website here: www.doorcountybusiness.com
What is the revenue of Door County Economic Development Corporation?
Door County Economic Development Corporation's revenue in 2022 was $800,022.
Official website here: www.doorcountybusiness.com
Who are the executives of Door County Economic Development Corporation and what are their salaries?
The average compensation at Door County Economic Development Corporation during 2022 was $27,562. There are 9 employees and 20 volunteers at Door County Economic Development Corporation.
Here are 15 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: $62,015
- Related: $0
- Other: $10,170
Official website here: www.doorcountybusiness.com
Where can I find the form 990 for Door County Economic Development Corporation?
Door County Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.doorcountybusiness.com
Learn more at the official website: www.doorcountybusiness.com
Mission Statement of Door County Economic Development Corporation
The Door County Economic Development Corporation (DCEDC), in its mission, is dedicated to enhancing the economic vitality of the region and its residents. Functioning as a public-private partnership, DCEDC has demonstrated success in aiding existing businesses in creating and maintaining numerous job opportunities through various programs and initiatives. At the core of DCEDC's mission is workforce development, with a focus on fostering a prepared workforce for Door County businesses. This involves collaborating with educational institutions at the elementary, secondary, and post-secondary levels to ensure workforce readiness. DCEDC serves as a bridge between these educational institutions and existing businesses, aligning training programs with the necessary skill sets in the workplace.
In 2022, for instance, DCEDC worked with businesses, Northwest Technical College (NWTC), and secondary educators to establish a Computer Numerical Control (CNC) machining program in Door County. This was identified as a crucial need for manufacturers in the region. DCEDC also provides programs to engage Door County students in business opportunities, encouraging them to consider local career paths and contribute to the workforce. Beyond this, DCEDC strives to attract new working-age families to Door County, aiming to increase the resident population and bolster both the economy and workforce year-round.
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
July, 2024
Door County Economic Development Corporation plays a crucial role in improving the economic vitality of Door County and its residents. One of its key impacts is in workforce development, where it facilitates the preparedness of the local workforce for businesses in the area. By working closely with educators at different levels, including elementary, secondary, and post-secondary institutions, DCEDC ensures that training programs align with the skill sets needed in the workplace.
In 2022, DCEDC collaborated with businesses, NWTC, and secondary educators to establish a Computer Numerical Control (CNC) machining program in Door County. This initiative addressed a significant need for manufacturers in the area, demonstrating DCEDC's responsiveness to the demands of the local economy. Additionally, the organization promotes business opportunities to Door County students, encouraging them to consider staying in the region and contributing to the local workforce.
Furthermore, DCEDC actively works to attract new working-age families to Door County, aiming to enhance the economy and workforce year-round. By fostering connections between educational institutions, businesses, and residents, DCEDC contributes to the growth and sustainability of the local community.
This information is meant to be a general summary of Door County Economic Development 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: $19,075
- Program Service Revenue: $291,874
- Gross Receipts: $899,771
Assets and Liabilities:
- Total Assets: $2,711,847
- Total Liabilities: $51,151
- Net Assets: $2,660,696
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.
LEASE AND OCCUPANCY FE
Revenue
$208,529
PROGRAM SERVICE REVENU
Revenue
$83,345
Organization Details
Founding Year
1988
Phone
(920) 743-3113Principal Officer
Michelle Lawrie
Main Address
185 E WALNUT STREET, STURGEON BAY, WI, 54235
Website
www.doorcountybusiness.comNTEE Category
Code: S32Z - Community improvement
If you are a representative of Door County Economic Development 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.