Overview
What is Garrett County Development Corporation?
Garrett County Development Corporation is a nonprofit organization situated in Oakland, Maryland, specifically at 203 South Fourth Street Room 208. Their primary objective is to stimulate business activities within Garrett County. They achieve this mission by promoting local businesses and managing substantial loan receivables effectively. By encouraging business operations, they contribute to the overall economic growth and development of the county.
Official website here: www.gcdevcorp.com
Is Garrett County Development Corporation legitimate?
Garrett County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Garrett County 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:
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For more financial information, click here
Official website here: www.gcdevcorp.com
What is the mission statement of Garrett County Development Corporation?
The Garrett County Development Corporation has a mission to foster business operations within Garrett County. This mission is carried out by encouraging and promoting local businesses, as well as managing outstanding loan receivables effectively. Their activities aim to support the growth and success of businesses within the county, contributing to its overall economic development.
Official website here: www.gcdevcorp.com
Who is the CEO of Garrett County Development Corporation?
Shawn R Bender is the Vice President of Garrett County Development Corporation.
Official website here: www.gcdevcorp.com
What is the revenue of Garrett County Development Corporation?
Garrett County Development Corporation's revenue in 2022 was $2,294.
Official website here: www.gcdevcorp.com
Who are the executives of Garrett County Development Corporation and what are their salaries?
There 18 volunteers at Garrett County Development Corporation.
Here are 6 key members and their salaries:
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Official website here: www.gcdevcorp.com
Where can I find the form 990 for Garrett County Development Corporation?
Garrett County Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gcdevcorp.com
Learn more at the official website: www.gcdevcorp.com
Mission Statement of Garrett County Development Corporation
Garrett County Development Corporation, as the name suggests, is dedicated to fostering business operations within Garrett County. Their mission is geared towards encouraging entrepreneurship and business growth within the region. The corporation takes active steps to promote local businesses and manages outstanding loan receivables, demonstrating their commitment to supporting the business community in Garrett County.
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Impact
October, 2024
Garrett County Development Corporation significantly impacts the local economy by fostering business operations within Garrett County. By promoting local businesses, the organization supports economic growth and job creation, enhancing the overall quality of life for residents. It also contributes to community improvement through various initiatives aimed at sustaining and developing local enterprises. Furthermore, the corporation manages outstanding loan receivables, ensuring that financial resources are effectively utilized to bolster business sustainability and expansion in the region. Through these efforts, it plays a vital role in strengthening the economic landscape of Oakland, MD, and the surrounding areas.
This information is meant to be a general summary of Garrett County 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: $237
- Program Service Revenue: $1,776
- Gross Receipts: $2,294
Assets and Liabilities:
- Total Assets: $403,241
- Total Liabilities: $0
- Net Assets: $403,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$1,776
Organization Details
Founding Year
1961
Principal Officer
Shawn R Bender
Main Address
203 SOUTH FOURTH STREET ROOM 208, OAKLAND, MD, 21550
Website
www.gcdevcorp.comNTEE Category
Code: S31 - Community improvement
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