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Lake Norman Regional Economic Development Corporation

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

EIN: 510463069 ✦ Huntersville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lake Norman Regional Economic Development Corporation?

Lake Norman Regional Economic Development Corporation is a nonprofit organization committed to fostering economic growth and job creation in the Lake Norman area and its surrounding communities. Their primary objective is to facilitate and improve the economic development of this region, striving to promote a thriving business environment. By carrying out this mission, they contribute to the overall prosperity of the area, ultimately benefiting its residents and local businesses.


Official website here: www.lnedc.com

Is Lake Norman Regional Economic Development Corporation legitimate?

Lake Norman Regional Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Norman Regional 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: $113,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,844

For more financial information, click here


Official website here: www.lnedc.com

What is the mission statement of Lake Norman Regional Economic Development Corporation?

The Lake Norman Regional Economic Development Corporation's mission is centered around facilitating and strengthening economic growth in the Lake Norman region and its surrounding communities. Their primary objective is to promote job creation within the area. To accomplish this, they focus on enhancing economic development, working tirelessly to foster a prosperous and thriving economic landscape.


Official website here: www.lnedc.com

Who is the CEO of Lake Norman Regional Economic Development Corporation?

Ryan Mcdaniels is the Board Of Directors of Lake Norman Regional Economic Development Corporation.


Official website here: www.lnedc.com

What is the revenue of Lake Norman Regional Economic Development Corporation?

Lake Norman Regional Economic Development Corporation's revenue in 2022 was $373,255.


Official website here: www.lnedc.com

Who are the executives of Lake Norman Regional Economic Development Corporation and what are their salaries?


Here are 18 key members and their salaries:


Anthony Roberts (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Myers (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Griffin (Secretary / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina King (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Justice (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody Washam (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Bales (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Alkins (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherrie Chaffin (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sloan Kormelink (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Anderson (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keri Cantrell (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Fay (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Chavaez (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Keith (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Zeiler (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Locore (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Mcdaniel (Exe Director)
  • Compensation: $0
  • Related: $113,848
  • Other: $0


Official website here: www.lnedc.com

Where can I find the form 990 for Lake Norman Regional Economic Development Corporation?

Lake Norman Regional Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lnedc.com

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

Mission Statement of Lake Norman Regional Economic Development Corporation

Lake Norman Regional Economic Development Corporation is committed to facilitating and enhancing the economic development of the Lake Norman area and its surrounding communities. Their primary objective is to promote job growth within this region. By undertaking these activities, the organization aims to positively contribute to the economic well-being of the area, ultimately fostering its development and progress.

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Impact




October, 2024

Lake Norman Regional Economic Development Corporation significantly impacts the Lake Norman area and its surrounding communities through its dedicated efforts to stimulate economic growth and job creation. By focusing on the facilitation and enhancement of economic development, the organization plays a vital role in attracting businesses, supporting local entrepreneurs, and fostering an environment conducive to sustainable economic progress.

The organization's mission emphasizes effective collaboration with local stakeholders and agencies, which leads to strategic initiatives aimed at improving the region's economic landscape. This involves not only promoting the area as a desirable location for businesses but also enhancing the overall quality of life for residents through job growth and community improvement initiatives. The result is a stronger, more resilient economy that benefits both the workforce and the local businesses, ultimately contributing to the prosperity of the entire region.




This information is meant to be a general summary of Lake Norman Regional 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.

Revenue
$373,255 (2022)
Expenses
$392,152 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,350
  • Gross Receipts: $373,255

Assets and Liabilities:

  • Total Assets: $330,972
  • Total Liabilities: $21,833
  • Net Assets: $309,139

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Organization Details

Founding Year

2003

Principal Officer

Ryan Mcdaniels

Main Address

CO TOWN OF HUNTERSVILLE 100, HUNTERSVILLE, NC, 28078

NTEE Category

Code: S30 - Community improvement

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