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Moore County Economic Development Partnership

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

EIN: 522374383 ✦ Pinehurst, NC ✦ Designated as a 501(c)(3)

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Overview

What is Moore County Economic Development Partnership?

The Moore County Economic Development Partnership is a nonprofit organization based in Pinehurst, North Carolina. Their primary mission is to enhance the economic prosperity and quality of life for the region's citizens by promoting job creation and attracting capital investment. They achieve this by assisting local governments in recruiting new businesses and expanding existing industries, collaborating with employers, developing industrial buildings and sites, and providing grant preparation services as needed. Additionally, the partnership facilitates initiatives to foster entrepreneurship within Moore County, ultimately contributing to the overall growth and development of the community.


Official website here: www.moorecountyedp.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62%, Two-Star out of Four Star Rating. The Moore County Economic Development Partnership has been rated as a two-star organization, indicating that while it has some strengths, there are notable areas for improvement. The overall score reflects a moderate level of accountability and finance management.

One of the organization's strengths is its governance structure, with 87% of board members being independent, which promotes unbiased decision-making. The organization also has a good track record of no material diversion of assets and a strong liabilities to assets ratio of 3.60%. Additionally, the charity maintains transparency through the listing of its website on tax forms and the availability of board meeting minutes.

However, there are significant limitations in the areas of policy documentation, particularly the lack of a whistleblower policy and a document retention and destruction policy. These omissions have contributed to a lower accountability score, impacting its overall rating. Furthermore, the program expense ratio of 61.22% suggests that there could be improvements in how funds are allocated towards programs versus administrative costs.


This AI summary has been generated from information found on Charity Navigator.

Is Moore County Economic Development Partnership legitimate?

Moore County Economic Development Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moore County Economic Development Partnership 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: $133,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,112

For more financial information, click here


Official website here: www.moorecountyedp.org

What is the mission statement of Moore County Economic Development Partnership?

The Moore County Economic Development Partnership's mission is centered around fostering economic growth and enhancing the quality of life for its citizens. By assisting local units of government, the organization works towards creating quality jobs and attracting capital investments. Some of their achievements include facilitating new business recruitment and expansion, collaborating with existing industries and partners to address employer needs, and providing grant preparation services to local governments. Furthermore, the partnership has played a role in developing industrial buildings and sites, promoting entrepreneurship, and encouraging economic development initiatives within the community.


Official website here: www.moorecountyedp.org

Who is the CEO of Moore County Economic Development Partnership?

Natalie Hawkins is the President of Moore County Economic Development Partnership.


Official website here: www.moorecountyedp.org

What is the revenue of Moore County Economic Development Partnership?

Moore County Economic Development Partnership's revenue in 2023 was $1,773,569.


Official website here: www.moorecountyedp.org

Who are the executives of Moore County Economic Development Partnership and what are their salaries?

The average compensation at Moore County Economic Development Partnership during 2023 was $130,006. There are 2 employees and 10 volunteers at Moore County Economic Development Partnership.


Here are 38 key members and their salaries:


Natalie Hawkins (President)
  • Compensation: $133,900
  • Related: $0
  • Other: $0
John May (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Little (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lin Hutaff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Kiker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Koontz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Barbera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Haney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Cromartie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcneill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Chriscoe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Clodfelter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dempsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Bingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Larose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim O'Malley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Pashley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Peyton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Quis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Robinette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Strickland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Sutherland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Taws (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Vest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mickey Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Parris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Massei (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbie Farrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Brewton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Voncanon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Werz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Locklair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Holderfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leann Wilson Hardy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Woronoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.moorecountyedp.org

Where can I find the form 990 for Moore County Economic Development Partnership?

Moore County Economic Development Partnership's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.moorecountyedp.org

Learn more at the official website: www.moorecountyedp.org

Mission Statement of Moore County Economic Development Partnership

The Moore County Economic Development Partnership, in its mission, strives to foster economic prosperity and enhance the quality of life for the residents of Moore County. By doing so, the organization assists local units of government in promoting economic development and growth. The partnership achieves this goal by actively participating in new business recruitment and the expansion of existing industries within the county. This strategic approach aims to create new job opportunities and attract capital investment, thereby bolstering Moore County's economic landscape.

Furthermore, the Moore County Economic Development Partnership collaborates with established industries and other partners to address the needs of the county's employers. By working together, they can collectively contribute to the prosperity of Moore County's businesses and overall community development. Additionally, the organization facilitates efforts to develop industrial buildings and sites, including targeted infrastructure development. This initiative is crucial for attracting new businesses and encouraging the expansion of existing ones, ultimately contributing to the creation of more job opportunities and capital investment.

In summary, the Moore County Economic Development Partnership serves as a catalyst for economic growth and development in the region. By working closely with local governments and collaborating with various stakeholders, the organization supports new business recruitment, existing industry expansion, and infrastructure development. The ultimate goal is to create new job opportunities, attract capital investment, and contribute to the overall prosperity and improved quality of life for the citizens of Moore County.

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Impact




July, 2024

Moore County Economic Development Partnership's impact can be seen in the creation of economic prosperity and improvement in the quality of life for Moore County's citizens through the creation of quality jobs and capital investment in the communities. The organization has achieved significant milestones by assisting local units of government in Moore County with new business recruitment and existing industry expansions, leading to the creation of new jobs and capital investment. Additionally, they have collaborated with existing industries and other partners to address the needs of Moore County's employers, facilitated the development of industrial buildings and sites for new business recruitment and expansion, provided grant preparation and administration services to local governments, and promoted initiatives to encourage and grow entrepreneurship in Moore County. Their efforts contribute to community improvement and economic growth in Moore County, making a tangible difference in the region.




This information is meant to be a general summary of Moore County Economic Development Partnership. 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
$1,773,569 (2023)
Expenses
$536,064 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,965
  • Gross Receipts: $1,777,914

Assets and Liabilities:

  • Total Assets: $1,807,547
  • Total Liabilities: $65,210
  • Net Assets: $1,742,337

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Organization Details

Founding Year

2002

Principal Officer

Natalie Hawkins

Main Address

PO BOX 5885, PINEHURST, NC, 28374

NTEE Category

Code: S30 - Community improvement

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