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Lincoln Economic Development Associ

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

EIN: 561188297 ✦ Lincolnton, NC ✦ Designated as a 501(c)(3)

Overview

What is Lincoln Economic Development Associ?

Lincoln Economic Development Associ, located in Lincolnton, North Carolina, is a nonprofit organization with a mission to promote economic growth and stability in the area. They achieve this by marketing the assets of Lincoln County to developers and expanding industries. Their primary objective is to enhance the standard of living for the citizens of Lincolnton and Lincoln County by creating more and better job opportunities and increasing the diversified tax base to fund essential community services. The organization operates with a modest workforce of five individuals, dedicated to fostering an environment that fosters job creation and community development.


Official website here: www.licolneda.org

Is Lincoln Economic Development Associ legitimate?

Lincoln Economic Development Associ is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Economic Development Associ 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: $150,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,423

For more financial information, click here


Official website here: www.licolneda.org

What is the mission statement of Lincoln Economic Development Associ?

The Lincoln Economic Development Associ's mission is centered around fostering an economic environment that enhances the standard of living for its citizens. This is achieved by creating more and better job opportunities and diversifying the tax base, thereby providing essential community services. The organization strives to achieve this goal by developing and marketing the economic growth and stability of the area, making developers and expanding industries aware of its assets through various media sources and personal contacts.


Official website here: www.licolneda.org

Who is the CEO of Lincoln Economic Development Associ?

Cliff Brumfield is the Secretary of Lincoln Economic Development Associ.


Official website here: www.licolneda.org

What is the revenue of Lincoln Economic Development Associ?

Lincoln Economic Development Associ's revenue in 2023 was $829,669.


Official website here: www.licolneda.org

Who are the executives of Lincoln Economic Development Associ and what are their salaries?

The average compensation at Lincoln Economic Development Associ during 2023 was $88,421. There are 5 employees at Lincoln Economic Development Associ.

Here are 10 key members and their salaries:

    Cliff Brumfield (Secretary) [Trustee/Director]
  • Compensation: $150,683
  • Related: $0
  • Other: $0

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

    • Bud Cesena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henk-Jan Van Ettekoven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Hatley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Myra Heavner (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Kim Phillips (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Dr Jim Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.licolneda.org

    Where can I find the form 990 for Lincoln Economic Development Associ?

    The Lincoln Economic Development Associ’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.licolneda.org

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

    Mission Statement of Lincoln Economic Development Associ

    Lincoln Economic Development Associ, in its mission, strives to create an economic environment that enhances the standard of living for the citizens of Lincoln County. It achieves this by promoting the creation of more and better job opportunities, as well as an increased and diversified tax base. This, in turn, provides the necessary community services. The organization's strategy involves developing and marketing the economic growth and stability of Lincoln County. It does this by making developers and expanding industries aware of the assets of the area through various media sources and personal contact. By fostering this economic environment, Lincoln Economic Development Associ aims to contribute to an improved quality of life for the community.

    Impact

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




    Saturday, July 20, 2024

    Lincoln Economic Development Associ aims to foster an economic environment in Lincolnton and Lincoln County that enhances the standard of living by creating more and better jobs for the citizens and increasing the tax base. They work to develop and market economic growth and stability in the area by making developers and expanding industries aware of the assets through various media sources and personal contact. Their efforts contribute to community improvement by attracting investments and expanding job opportunities 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 2023.

  • Investment Income: $992
  • Program Service Revenue: $46,850
  • Gross Receipts: $829,669

    • Assets and Liabilities:
  • Total Assets: $892,121
  • Total Liabilities: $69,918
  • Net Assets: $822,203
  • Programs

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

    MEMBERSHIP DUES

    Revenue

    $46,850

    Organization Details

    Founding Year

    1996

    Principal Officer

    Cliff Brumfield

    Main Address

    502 EAST MAIN STREET, LINCOLNTON, NC, 28092

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Lincoln Economic Development Associ 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.