Davidson Co Economic Dev Commission

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

EIN: 561556790 ✦ Lexington, NC ✦ Designated as a 501(c)(6)

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Overview

What is Davidson Co Economic Dev Commission?

The Davidson Co Economic Dev Commission is a nonprofit organization whose primary mission is to stimulate industrial growth within Davidson County, North Carolina. By promoting industry in the region, they aim to contribute positively to the local economy. The Commission's activities and purpose revolve around fostering business development and expansion within Davidson County.

Is Davidson Co Economic Dev Commission legitimate?

Davidson Co Economic Dev Commission is a legitimate nonprofit organization registered as a 501(c)(6) entity. Davidson Co Economic Dev Commission 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: $269,829

For more financial information, click here

What is the mission statement of Davidson Co Economic Dev Commission?

The Davidson Co Economic Dev Commission's mission, as stated, is centered around promoting industry within Davidson County, North Carolina. This mission is carried out with the aim of contributing positively to the economic growth of the region. The commission's primary objective is to attract and retain businesses, thereby fostering job creation and economic development. They also work towards enhancing the business environment in Davidson County, making it more conducive for industries to thrive. The commission's activities are geared towards promoting the county as an attractive location for businesses, leveraging its unique strengths and resources.

Who is the CEO of Davidson Co Economic Dev Commission?

Scott Morris is the Treasurer of Davidson Co Economic Dev Commission. The CEO's salary of Davidson Co Economic Dev Commission is $159,660 and their total compensation is $159,660.

What is the revenue of Davidson Co Economic Dev Commission?

Davidson Co Economic Dev Commission's revenue in 2022 was $374,386.

Who are the executives of Davidson Co Economic Dev Commission and what are their salaries?

The average compensation at Davidson Co Economic Dev Commission during 2022 was $134,914. There are 2 employees at Davidson Co Economic Dev Commission.


Here are 13 key members and their salaries (Davidson Co Economic Dev Commission's CEO's salary is $159,660 and their total compensation is $159,660):


Craig Goodson (Presidentceo)
  • Compensation: $159,660
  • Related: $0
  • Other: $0
Robin Team (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Yates (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Ward (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Potts (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raleigh York (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Jordan (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Hayes (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Byrum (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Morris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Swaim (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Herrick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jackson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Davidson Co Economic Dev Commission?

Davidson Co Economic Dev Commission's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Davidson Co Economic Dev Commission

The Davidson Co Economic Dev Commission, as its name suggests, is dedicated to promoting industry within Davidson County, North Carolina. Their mission is to actively contribute to the growth and development of various industries within the county, fostering an environment that attracts new businesses and supports existing ones. By promoting industry, the commission aims to stimulate economic growth and create job opportunities, ultimately benefiting the local community.

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Impact




October, 2024

The Davidson County Economic Development Commission plays a crucial role in fostering industrial growth and economic vitality in Davidson County, NC. By promoting industry in the region, the commission contributes to job creation, a more diverse economy, and increased investment. Its initiatives enhance community improvement, driving infrastructure development and attracting businesses. This strategic focus not only supports existing industries but also encourages new enterprises to establish themselves in the area, thus boosting the overall economic landscape. The commission serves as a vital link between local governments, businesses, and potential investors, facilitating partnerships that lead to sustainable economic growth.




This information is meant to be a general summary of Davidson Co Economic Dev Commission. 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
$374,386 (2022)
Expenses
$409,951 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $640
  • Gross Receipts: $374,386

Assets and Liabilities:

  • Total Assets: $820,272
  • Total Liabilities: $0
  • Net Assets: $820,272

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Organization Details

Founding Year

1986

Principal Officer

Scott Morris

Main Address

PO BOX 2013, LEXINGTON, NC, 27293

NTEE Category

Code: S30 - Community improvement

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