Overview
What is Fredericksburg Regional Alliance Inc?
Fredericksburg Regional Alliance Inc, located in Fredericksburg, Virginia, is a nonprofit organization with a mission to attract and retain high-quality professional business organizations in the area. They achieve this goal through various promotional activities, including marketing to regional corporate decision-makers and attending marketing and trade shows to showcase the region. The organization also assists existing businesses and industries with workforce development issues. With a small team of three dedicated individuals, they strive to contribute positively to the local business community.
Is Fredericksburg Regional Alliance Inc legitimate?
Fredericksburg Regional Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fredericksburg Regional Alliance 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: $258,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,127
For more financial information, click here
What is the mission statement of Fredericksburg Regional Alliance Inc?
The mission of Fredericksburg Regional Alliance Inc, as stated, is to attract and retain high-quality professional business organizations in the area. They achieve this goal through various promotional activities. This includes marketing efforts directed towards corporate decision-makers, encouraging expansion or relocation of companies to the region. Additionally, they participate in marketing and trade shows to showcase the region. Moreover, the alliance provides assistance to existing businesses and industries in addressing workforce development issues.
Who is the CEO of Fredericksburg Regional Alliance Inc?
Curry Roberts is the Chair of Fredericksburg Regional Alliance Inc.
What is the revenue of Fredericksburg Regional Alliance Inc?
Fredericksburg Regional Alliance Inc's revenue in 2023 was $754,104.
Who are the executives of Fredericksburg Regional Alliance Inc and what are their salaries?
The average compensation at Fredericksburg Regional Alliance Inc during 2023 was $142,751. There are 3 employees at Fredericksburg Regional Alliance Inc.
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- Compensation: $217,650
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Where can I find the form 990 for Fredericksburg Regional Alliance Inc?
Fredericksburg Regional Alliance Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fredericksburg Regional Alliance Inc
Fredericksburg Regional Alliance Inc is dedicated to attracting and retaining high-quality professional business organizations within its sphere of influence. To achieve this mission, the Alliance engages in various promotional activities. These efforts are geared towards marketing the organization to corporate decision-makers, encouraging them to expand or relocate their businesses within the region. Additionally, the Alliance participates in marketing and trade shows to showcase the region's potential and attract new businesses. Furthermore, Fredericksburg Regional Alliance Inc provides assistance to existing businesses and industries, helping them address workforce development issues. By implementing these strategies, the nonprofit aims to foster a thriving business environment and contribute to the growth and prosperity of the region's economy.
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Impact
October, 2024
Fredericksburg Regional Alliance Inc plays a crucial role in enhancing the economic landscape of the Fredericksburg area by actively attracting and retaining high-quality professional business organizations. Through targeted marketing efforts aimed at corporate decision-makers, the Alliance promotes the region as a prime location for business expansion and relocation. Their participation in marketing campaigns and trade shows significantly raises awareness of Fredericksburg's advantages, facilitating genuine interest from companies looking for new opportunities.
Additionally, the Alliance supports existing businesses by addressing workforce development concerns, thereby ensuring that local industries have access to the necessary talent and resources. This dual focus not only promotes economic growth but also fosters community improvement, strengthening the overall stability and prosperity of the Fredericksburg region. By strategically positioning the area as a business-friendly environment, Fredericksburg Regional Alliance Inc effectively contributes to the region's development and sustainability.
This information is meant to be a general summary of Fredericksburg Regional Alliance 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: $1,888
- Gross Receipts: $754,104
Assets and Liabilities:
- Total Assets: $602,113
- Total Liabilities: $187,479
- Net Assets: $414,634
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Organization Details
Founding Year
1999
Phone
(540) 631-7379Principal Officer
Curry Roberts
Main Address
1125 JEFFERSON DAVIS HWY STE 240, FREDERICKSBURG, VA, 22401
NTEE Category
Code: S40 - Community improvement
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