Overview
What is Davie County Economic Development Commission Inc?
Davie County Economic Development Commission Inc, located at 135 South Salisbury Street, Mocksville, NC 27028, serves as an advisory council to local governments, providing recommendations for the economic development of Davie County, North Carolina. Their primary mission is to coordinate economic growth and development within the county, working towards set goals and objectives that promote overall prosperity. With a small team of dedicated individuals, the commission plays a crucial role in shaping the economic landscape of Davie County, contributing to its long-term success and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Davie County Economic Development Commission Inc has received a Three-Star rating, indicating a relatively strong performance in terms of accountability and finance. The high score reflects the organization's commitment to maintaining an independent board and a solid financial structure, with a program expense ratio of 94.52%, signaling that the majority of its resources are directed toward its mission.
However, the organization has notable areas for improvement, particularly regarding its governance policies. It lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for transparency and ethical practices. While the board size is well-supported by independent members and meeting minutes are documented, addressing these policy gaps could enhance overall accountability.
In summary, while the Davie County Economic Development Commission Inc demonstrates strong financial health and a competent governance structure, the absence of key policies suggests a need for better operational frameworks to ensure long-term sustainability and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Davie County Economic Development Commission Inc legitimate?
Davie County Economic Development Commission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davie County Economic Development Commission 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Davie County Economic Development Commission Inc?
The Davie County Economic Development Commission Inc serves as an advisory council to local governments, playing a crucial role in formulating recommendations for the overall economic development of Davie County. Their mission is centered around coordinating economic development efforts within the county, aiming to set goals and objectives that foster sustainable economic growth. By doing so, they contribute to the betterment of the local economy and community as a whole.
Who is the CEO of Davie County Economic Development Commission Inc?
Terry Bralley is the Director of Davie County Economic Development Commission Inc.
What is the revenue of Davie County Economic Development Commission Inc?
Davie County Economic Development Commission Inc's revenue in 2020 was $697,092.
Who are the executives of Davie County Economic Development Commission Inc and what are their salaries?
The average compensation at Davie County Economic Development Commission Inc during 2020 was $125,000. There is 1 employee at Davie County Economic Development Commission Inc.
Here are 13 key members and their salaries:
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- Compensation: $125,000
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- Other: $10,885
Where can I find the form 990 for Davie County Economic Development Commission Inc?
Davie County Economic Development Commission Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Davie County Economic Development Commission Inc
Davie County Economic Development Commission Inc is dedicated to overseeing the economic development of Davie County, North Carolina. Serving as an advisory council to local governments, this organization plays a vital role in formulating formal recommendations for the county's economic growth objectives. The Commission's primary mission is to coordinate and guide the economic development efforts within Davie County, aiming to foster a thriving and prosperous community for all its residents.
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Impact
July, 2024
The Davie County Economic Development Commission Inc plays a vital role in coordinating economic development efforts for Davie County, NC. It serves as an advisory council to local governments, providing formal recommendations on goals and objectives to enhance the overall economic development of the county. Through its mission to coordinate economic development initiatives, this organization contributes to the improvement and growth of the community in Mocksville, NC.
This information is meant to be a general summary of Davie County Economic Development Commission 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 2020.
- Investment Income: $14,800
- Gross Receipts: $697,092
Assets and Liabilities:
- Total Assets: $1,316,147
- Total Liabilities: $242,871
- Net Assets: $1,073,276
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Organization Details
Founding Year
1994
Principal Officer
Terry Bralley
Main Address
135 SOUTH SALISBURY STREET, MOCKSVILLE, NC, 27028
NTEE Category
Code: S30 - Community improvement
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