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: $127,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,223
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
What is the revenue of Lake Norman Regional Economic Development Corporation?
Lake Norman Regional Economic Development Corporation's revenue in 2024 was $477,998.
Official website here: www.lnedc.com
Who are the executives of Lake Norman Regional Economic Development Corporation and what are their salaries?
Here are 22 key members and their salaries:
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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 2024 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $9,056
- Gross Receipts: $477,998
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
Website
www.lnedc.comNTEE Category
Code: S30 - Community improvement
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