Overview
What is Cadco Foundation Inc?
Cadco Foundation Inc, situated in Charleston, West Virginia, is a nonprofit organization that plays a significant role in promoting economic and community development in the region. Its primary mission is to foster job creation and business retention, focusing on the local area. The foundation supports this cause by operating a small business incubator through a partnership with the Capital Area Development Corporation of West Virginia. This business incubator, which lies within a federally designated HUBZone, benefits from subsidies provided by the foundation to cover costs and renovations that exceed tenant rent payments. By providing such financial assistance, Cadco Foundation Inc aims to contribute to the growth and success of small businesses in the region, ultimately bolstering the local economy.
Is Cadco Foundation Inc legitimate?
Cadco Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cadco Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cadco Foundation Inc?
The Cadco Foundation Inc, in its mission, focuses on supporting programs that foster economic and community development. With a particular emphasis on job creation and business retention, the foundation aims to stimulate growth in its designated area. It provides financial assistance to programs and initiatives, including the operation of a business incubator, to help subsidize costs and renovations not covered by tenant rents. The foundation's goal is to contribute to the betterment of the community and drive sustainable economic growth.
Who is the CEO of Cadco Foundation Inc?
Nicole Christian-President And is the President And Ceo of Cadco Foundation Inc. The CEO's salary of Cadco Foundation Inc is $0 and their total compensation is $167,347.
What is the revenue of Cadco Foundation Inc?
Cadco Foundation Inc's revenue in 2022 was $186,187.
Who are the executives of Cadco Foundation Inc and what are their salaries?
Here are 37 key members and their salaries (Cadco Foundation Inc's CEO's salary is $0 and their total compensation is $167,347):
- Compensation: $0
- Related: $150,138
- Other: $17,209
- Compensation: $0
- Related: $96,223
- Other: $19,309
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cadco Foundation Inc?
Cadco Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cadco Foundation Inc
Cadco Foundation, Inc., as a non-profit organization, focuses its mission on stimulating economic and community development in its area of operation, with a particular emphasis on job creation and business retention. The organization provides support to various programs that contribute to this mission. One of the ways Cadco Foundation aids in this endeavor is by funding the operation of a small business incubator, which is managed by the Capital Area Development Corporation of West Virginia, a related non-profit entity. This business incubator is situated within a federally designated HUBZone, and Cadco Foundation provides grants to cover costs and renovations not covered by tenant rents. By offering financial support, Cadco Foundation plays a crucial role in fostering a conducive environment for businesses to grow and thrive, ultimately contributing to the overall economic development of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cadco Foundation Inc has a significant impact on economic and community development in Charleston, WV, and its surrounding areas. By supporting programs focused on job creation and business retention, it plays a critical role in fostering a thriving local economy. One key initiative is its operation of a small business incubator through the Capital Area Development Corporation. This incubator helps emerging businesses by providing essential resources and financial assistance through grants for costs and renovations that exceed tenant rents.
Located within a federally designated HUBZone, this initiative specifically targets areas that require economic stimulation. The Foundation's efforts contribute not only to the growth of individual businesses but also to the overall improvement of the community, ensuring sustainable development and enhanced quality of life for residents. By prioritizing these areas, Cadco Foundation Inc helps create job opportunities and strengthen the local economy, making a lasting difference in the Charleston community.
This information is meant to be a general summary of Cadco Foundation 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 2022.
- Investment Income: $12,287
- Gross Receipts: $186,187
Assets and Liabilities:
- Total Assets: $2,160,439
- Total Liabilities: $416,477
- Net Assets: $1,743,962
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1988
Phone
(304) 340-4253Principal Officer
Nicole Christian-President And
Main Address
1116 Smith Street, Charleston, WV, 25301
NTEE Category
Code: S32Z - Community improvement
If you are a representative of Cadco Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.