Overview
What is Greater Roanoke Development Foundation?
The Greater Roanoke Development Foundation is a nonprofit organization situated in Roanoke, Virginia, dedicated to fostering economic growth. Their primary mission is to drive urban and community development, working towards the betterment of the local economy. By promoting this development, the foundation aims to contribute positively to the overall well-being of the community in Roanoke, VA.
Is Greater Roanoke Development Foundation legitimate?
Greater Roanoke Development Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Roanoke Development Foundation 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.
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What is the mission statement of Greater Roanoke Development Foundation?
The Greater Roanoke Development Foundation is committed to fostering economic growth. They achieve this objective through their engagement in urban and community economic development initiatives, operating within Roanoke, Virginia. The foundation's primary focus is to stimulate economic progress, contributing to the overall development of the community. By promoting economic growth, they aim to enhance the local economy and improve the living standards of the people within the community. Their activities are geared towards fostering a conducive environment for businesses and investments, ultimately contributing to the region's prosperity.
What is the revenue of Greater Roanoke Development Foundation?
Greater Roanoke Development Foundation's revenue in 2024 was $72,375.
Who are the executives of Greater Roanoke Development Foundation and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Greater Roanoke Development Foundation?
Greater Roanoke Development Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Greater Roanoke Development Foundation
The Greater Roanoke Development Foundation, as a nonprofit organization, is committed to driving economic growth in Roanoke, Virginia. Its mission is centered around urban and community economic development, aiming to stimulate and enhance the local economy in a comprehensive manner. By promoting economic growth, the foundation contributes to the betterment of the community, fostering opportunities for growth and development for its residents.
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Impact
October, 2024
The Greater Roanoke Development Foundation significantly impacts the local economy by fostering urban and community development in Roanoke, Virginia. Through its initiatives, the foundation enhances economic growth by creating opportunities for businesses, improving local infrastructure, and promoting community improvement. This leads to a more vibrant local economy, increased job opportunities, and a better quality of life for residents. The foundation's efforts help to create a sustainable economic environment, encouraging investment and engagement in the community. By focusing on strategic development, it plays a crucial role in revitalizing neighborhoods and supporting a diverse economic landscape in Roanoke.
This information is meant to be a general summary of Greater Roanoke Development Foundation. 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 2024.
- Investment Income: $27,591
- Gross Receipts: $1,091,564
Assets and Liabilities:
- Total Assets: $1,331,286
- Total Liabilities: $0
- Net Assets: $1,331,286
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Organization Details
Principal Officer
Eric Sichau
NTEE Category
Code: S30 - Community improvement
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