Overview
What is Salisbury Wicomico Economic Development Inc?
Salisbury Wicomico Economic Development Inc, headquartered in Salisbury, Maryland, is a nonprofit organization dedicated to improving the socio-economic environment of the region, specifically Wicomico County. Their primary mission involves preserving and creating productive employment opportunities within the local area. With a modest workforce of two individuals, they strive to enhance the region's prosperity by fostering a conducive environment for economic growth.
Official website here: www.swed.org
Is Salisbury Wicomico Economic Development Inc legitimate?
Salisbury Wicomico Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Salisbury Wicomico Economic Development Inc 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: $161,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,342
For more financial information, click here
Official website here: www.swed.org
What is the mission statement of Salisbury Wicomico Economic Development Inc?
The mission of Salisbury Wicomico Economic Development Inc is centered around enhancing the socio-economic environment. This organization strives to preserve and create productive employment opportunities, thereby contributing positively to the region. Its primary goal is to improve the economic landscape, focusing on the areas of Salisbury and Wicomico County. This organization plays a crucial role in fostering growth and development within the community, ultimately aiming to provide a conducive environment for employment opportunities.
Official website here: www.swed.org
What is the revenue of Salisbury Wicomico Economic Development Inc?
Salisbury Wicomico Economic Development Inc's revenue in 2023 was $971,279.
Official website here: www.swed.org
Who are the executives of Salisbury Wicomico Economic Development Inc and what are their salaries?
The average compensation at Salisbury Wicomico Economic Development Inc during 2023 was $44,286. There are 4 employees at Salisbury Wicomico Economic Development Inc.
Here are 23 key members and their salaries:
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Official website here: www.swed.org
Where can I find the form 990 for Salisbury Wicomico Economic Development Inc?
Salisbury Wicomico Economic Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.swed.org
Learn more at the official website: www.swed.org
Mission Statement of Salisbury Wicomico Economic Development Inc
Salisbury Wicomico Economic Development Inc is dedicated to enhancing the socio-economic environment of its region. Their mission revolves around preserving and creating productive employment opportunities, aiming to improve the overall economic condition of the area. By doing so, this nonprofit organization contributes significantly to the betterment of the community, fostering an environment that encourages growth and development.
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Impact
October, 2024
Salisbury Wicomico Economic Development Inc significantly impacts the socio-economic landscape of Salisbury and the Wicomico County region by focusing on the creation and preservation of productive employment opportunities. This organization plays a crucial role in enhancing the local economy, fostering community improvement, and promoting sustainable development initiatives. By working to attract new businesses and support the growth of existing ones, it strengthens the job market and enhances the overall quality of life for residents. Through targeted economic development strategies, the organization contributes to a more vibrant and resilient community.
This information is meant to be a general summary of Salisbury Wicomico Economic Development Inc. 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 2023.
- Investment Income: $4,066
- Program Service Revenue: $30,667
- Gross Receipts: $971,279
Assets and Liabilities:
- Total Assets: $1,074,351
- Total Liabilities: $6,507
- Net Assets: $1,067,844
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$30,667
Organization Details
Founding Year
1968
Principal Officer
David J Ryan Jr
Website
www.swed.orgNTEE Category
Code: S30 - Community improvement
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