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Yadkin Valley Economic Development District Inc

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

EIN: 560851147 ✦ Boonville, NC ✦ Designated as a 501(c)(3)

Overview

What is Yadkin Valley Economic Development District Inc?

The Yadkin Valley Economic Development District Inc, based in Boonville, North Carolina, is a nonprofit organization that focuses on improving transportation services in a four-county area. They provide essential transportation to address poverty and enhance the quality of life for low-income and elderly citizens, utilizing grant funding, contracts from federal, state, and local sources, and fees for their services. Their mission is to alleviate the root causes of poverty and better the lives of those in need. The organization employs 219 individuals.


Official website here: www.yveddi.com

Is Yadkin Valley Economic Development District Inc legitimate?

Yadkin Valley Economic Development District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yadkin Valley Economic Development District 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.

Here are some key statistics you may want to consider:

Executive Compensation: $83,730
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,611,449

For more financial information, click here


Official website here: www.yveddi.com

What is the mission statement of Yadkin Valley Economic Development District Inc?

The Yadkin Valley Economic Development District Inc is dedicated to improving the living conditions and enhancing the quality of life for low-income and elderly citizens. Their mission is to provide quality programs and services to address the root causes of poverty and offer essential support. YVEDDI engages in providing non-urban transportation services in a four-county area, utilizing grant funding, contracts from federal, state, and local sources, and fees for eligible individuals.


Official website here: www.yveddi.com

Who is the CEO of Yadkin Valley Economic Development District Inc?

Kathy Payne is the Executive Di of Yadkin Valley Economic Development District Inc.


Official website here: www.yveddi.com

What is the revenue of Yadkin Valley Economic Development District Inc?

Yadkin Valley Economic Development District Inc's revenue in 2022 was $13,860,054.


Official website here: www.yveddi.com

Who are the executives of Yadkin Valley Economic Development District Inc and what are their salaries?

The average compensation at Yadkin Valley Economic Development District Inc during 2022 was $26,005. There are 219 employees and 200 volunteers at Yadkin Valley Economic Development District Inc.

Here are 22 key members and their salaries:

    Kathy Payne (Executive Di)
  • Compensation: $86,861
  • Related: $0
  • Other: $0

    • Wayne Barneycastle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Beason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Brown (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mickey Cartner (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Couse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Craine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eddie Harris (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Jessup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia Jessup (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelby King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Lasky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jo Ann Layell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Nickelston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Royall (Chaplain) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marion Welborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.yveddi.com

    Where can I find the form 990 for Yadkin Valley Economic Development District Inc?

    The Yadkin Valley Economic Development District Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.yveddi.com

    Learn more at the official website: www.yveddi.com

    Mission Statement of Yadkin Valley Economic Development District Inc

    Yadkin Valley Economic Development District Inc, a dedicated nonprofit organization, is committed to improving the lives of low-income and elderly citizens by providing essential programs and services. The mission of YVEDDI is twofold: first, to alleviate the root causes and conditions of poverty, and second, to enhance the overall quality of life for those in need.

    To accomplish this, Yadkin Valley Economic Development District Inc offers a range of services, primarily focusing on transportation in a non-urban setting. This vital service is made possible through a combination of grant funding, contracts from federal, state, and local sources, and fees charged for the services provided to eligible individuals. By making transportation accessible, YVEDDI enables individuals to access essential resources, such as healthcare appointments, job opportunities, and education, which can significantly impact their livelihoods.

    In summary, Yadkin Valley Economic Development District Inc is a compassionate and essential organization that works tirelessly to improve the lives of low-income and elderly citizens. By providing quality transportation services, the nonprofit not only helps alleviate the causes and conditions of poverty but also enhances the overall quality of life for those it serves. This commitment to making a difference is at the heart of Yadkin Valley Economic Development District Inc's mission.

    Impact

    This information is meant to be a general summary of Yadkin Valley Economic Development District Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Yadkin Valley Economic Development District Inc has a significant impact on the community by providing quality programs and services to alleviate the causes and conditions of poverty. Specifically, YVEDDI engages in offering non-urban transportation services for the four-county area using grant funding and contracts from federal, state, and local sources. By providing transportation services to eligible individuals, YVEDDI plays a crucial role in enhancing the quality of life for low-income and elderly citizens in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $28,309
  • Program Service Revenue: $3,948,545
  • Gross Receipts: $13,860,054

    • Assets and Liabilities:
  • Total Assets: $5,760,252
  • Total Liabilities: $1,418,573
  • Net Assets: $4,341,679
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRANSPORTATION

    Revenue

    $2,643,801

    INDIRECT COST

    Revenue

    $706,619

    WAP

    Revenue

    $415,829

    SURRY FAM RESOURCE CTR

    Revenue

    $143,563

    SENIOR CENTERS

    Revenue

    $24,115

    Organization Details

    Principal Officer

    Kathy Payne

    Main Address

    533 NORTH CAROLINA AVE HWY 601, BOONVILLE, NC, 27011

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Yadkin Valley Economic Development District 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.