Iredell County Economic Development Corporation

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

EIN: 561555859 ✦ Mooresville, NC ✦ Designated as a 501(c)(6)

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Overview

What is Iredell County Economic Development Corporation?

Iredell County Economic Development Corporation is a nonprofit organization situated in Mooresville, North Carolina, specifically at 500 S Main Street. Their primary mission is to stimulate and promote the industrial and commercial development within Iredell County. They accomplish this by offering various services to facilitate, encourage, and support the establishment, expansion, and operation of businesses and industries within the county. The corporation has a workforce of six dedicated individuals committed to fostering growth and prosperity in the local economy.


Official website here: www.iredelledc.com

Is Iredell County Economic Development Corporation legitimate?

Iredell County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Iredell County Economic Development Corporation 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: $156,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $279,154

For more financial information, click here


Official website here: www.iredelledc.com

What is the mission statement of Iredell County Economic Development Corporation?

The Iredell County Economic Development Corporation's mission is centered around stimulating and promoting the industrial and commercial development within the county. In essence, the organization's primary goal is to encourage and facilitate the establishment, operation, maintenance, and expansion of businesses and industries within Iredell County. The corporation plays a crucial role in aiding the expansion of existing businesses, thereby contributing to the county's economic growth.


Official website here: www.iredelledc.com

Who is the CEO of Iredell County Economic Development Corporation?

Jenn Bosser is the President of Iredell County Economic Development Corporation.


Official website here: www.iredelledc.com

What is the revenue of Iredell County Economic Development Corporation?

Iredell County Economic Development Corporation's revenue in 2022 was $959,388.


Official website here: www.iredelledc.com

Who are the executives of Iredell County Economic Development Corporation and what are their salaries?

The average compensation at Iredell County Economic Development Corporation during 2022 was $72,688. There are 6 employees at Iredell County Economic Development Corporation.


Here are 20 key members and their salaries:


James Mallory (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Mull (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Costi Kutteh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Atkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teross Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Hemann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Wyatt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Dailey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Marshall (Past-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Palmes (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Cernuto (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Alexander (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Cook (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Brewer (Board Member - Non Voting)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Brady (Board Member - Non Voting)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenn Bosser (President)
  • Compensation: $156,975
  • Related: $0
  • Other: $0


Official website here: www.iredelledc.com

Where can I find the form 990 for Iredell County Economic Development Corporation?

Iredell County Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iredelledc.com

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

Mission Statement of Iredell County Economic Development Corporation

Iredell County Economic Development Corporation, abbreviated as ICEDC, is an organization with a mission to stimulate and promote the industrial and commercial development within Iredell County. This nonprofit entity works tirelessly to encourage and facilitate the establishment, expansion, and operation of both new and existing businesses and industries in the area. By providing essential services, ICEDC plays a pivotal role in supporting the growth and success of businesses within its jurisdiction. The organization's efforts have been instrumental in facilitating the expansion of various businesses, contributing to the overall economic development of Iredell County.

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Impact




October, 2024

The Iredell County Economic Development Corporation plays a crucial role in stimulating and promoting industrial and commercial development in Iredell County, North Carolina. By providing services designed to encourage the establishment, operation, and expansion of both new and existing businesses and industries, the organization significantly contributes to the local economy.

With a focus on facilitating business growth, the corporation supports various initiatives that enhance the region's economic landscape. This includes aiding in the expansion of current enterprises and attracting new investments, which ultimately leads to job creation and community improvement. By fostering a vibrant economic environment, the Iredell County Economic Development Corporation helps ensure sustainable growth and development for the local community.




This information is meant to be a general summary of Iredell County Economic Development Corporation. 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.

Revenue
$959,388 (2022)
Expenses
$797,572 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $110
  • Program Service Revenue: $90,000
  • Gross Receipts: $959,388

Assets and Liabilities:

  • Total Assets: $980,582
  • Total Liabilities: $427,541
  • Net Assets: $553,041

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Programs

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

PROGRAM SERVICE

Revenue

$90,000

Organization Details

Founding Year

1996

Principal Officer

Jenn Bosser

Main Address

500 S MAIN STREET, MOORESVILLE, NC, 28115

NTEE Category

Code: S31 - Community improvement

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