Overview
What is Caroline Economic Development Corporation?
Caroline Economic Development Corporation, abbreviated as CEDC, is a nonprofit organization situated in Denton, Maryland. With a single employee, its primary purpose is to foster a diverse local economy in Caroline County. This mission encompasses promoting business retention and attraction, stimulating job creation and workforce development, and ensuring a high quality of life for the county's residents. The organization's activities are geared towards achieving these objectives, contributing to the overall economic growth and well-being of the community.
Official website here: www.carolinebusiness.com
Is Caroline Economic Development Corporation legitimate?
Caroline Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Caroline 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:
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Other Salaries and Wages: $14,176
For more financial information, click here
Official website here: www.carolinebusiness.com
What is the mission statement of Caroline Economic Development Corporation?
The Caroline Economic Development Corporation (CEDC) is committed to fostering a diverse local economy that encourages business retention and attraction, leads to job creation and workforce development, and ultimately contributes to an improved quality of life for its community members. By promoting this diversified economy, CEDC aims to support the growth and success of businesses, creating opportunities for employment and enhancing the overall well-being of its citizens.
Official website here: www.carolinebusiness.com
Who is the CEO of Caroline Economic Development Corporation?
Deborah E Bowden is the Secretary of Caroline Economic Development Corporation.
Official website here: www.carolinebusiness.com
What is the revenue of Caroline Economic Development Corporation?
Caroline Economic Development Corporation's revenue in 2021 was $139,231.
Official website here: www.carolinebusiness.com
Who are the executives of Caroline Economic Development Corporation and what are their salaries?
The average compensation at Caroline Economic Development Corporation during 2021 was $14,176. There is 1 employee at Caroline Economic Development Corporation.
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Official website here: www.carolinebusiness.com
Where can I find the form 990 for Caroline Economic Development Corporation?
Caroline Economic Development Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.carolinebusiness.com
Learn more at the official website: www.carolinebusiness.com
Mission Statement of Caroline Economic Development Corporation
Caroline Economic Development Corporation, often referred to as CEDC, is dedicated to cultivating a diverse local economy that promotes business retention and attraction, job creation, and workforce development. Their ultimate goal is to enhance the quality of life for the citizens of Caroline County, Maryland. By fostering this economic growth, CEDC aims to create an environment that not only supports existing businesses but also attracts new ones, thereby generating employment opportunities. Additionally, CEDC is committed to developing a skilled workforce that can meet the demands of these businesses, thereby contributing to the overall prosperity of the community.
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Impact
October, 2024
The Caroline Economic Development Corporation (CEDC) plays a crucial role in fostering a diversified local economy in Caroline County, Maryland. Its primary focus is on business retention and attraction, ensuring that existing businesses thrive while simultaneously encouraging new enterprises to set up in the area. This economic strategy not only drives job creation but also enhances workforce development initiatives, equipping residents with the skills needed in today’s job market.
Through various programs and partnerships, CEDC actively works to strengthen the quality of life for the citizens of Caroline County. By promoting sustainable economic growth, the organization helps create vibrant communities where people want to live, work, and raise families. The impact of the CEDC is felt through increased employment opportunities, improved local services, and a robust economy that benefits all residents of the county.
This information is meant to be a general summary of Caroline 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 2021.
- Program Service Revenue: $1,712
- Gross Receipts: $139,231
Assets and Liabilities:
- Total Assets: $57,313
- Total Liabilities: $7,421
- Net Assets: $49,892
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM TAX INCOME
Revenue
$1,712
Organization Details
Founding Year
1973
Phone
(410) 479-0655Principal Officer
Deborah E Bowden
Main Address
9194 LEGION ROAD SUITE 1, DENTON, MD, 21629
Website
www.carolinebusiness.comNTEE Category
Code: S31 - Community improvement
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