Overview
What is Edenton-Chowan Partnership Inc?
Edenton-Chowan Partnership Inc is a nonprofit organization situated in Edenton, North Carolina. Its primary mission is to enhance the quality of life for the residents of Edenton and Chowan County. This is achieved through three key areas: economic development, education, and workforce development. In economic development, the partnership facilitates opportunities and promotes the area. For education, it works to improve both elementary and early college education within the county. Regarding workforce development, the partnership fosters improvements in this sector. Additionally, the organization promotes tourism and retiree relocation, enriching the local community. It collaborates with various groups and organizations to achieve these goals, sharing expenses and resources.
Official website here: www.edenton.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Edenton-Chowan Partnership Inc has achieved a solid rating of 83% from Charity Navigator, reflecting a generally effective use of funds and sound management practices. The organization demonstrates strong accountability with a fully independent board, showcasing a commitment to transparency and governance, which is essential for donor confidence.
Strengths include a high program expense ratio of 91.45%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, signifying a reliable stewardship of resources. The organization also maintains thorough documentation of board meeting minutes and has established policies for conflict of interest.
However, the organization has notable limitations, particularly the absence of a whistleblower policy and document retention strategies, which could pose risks in governance and compliance. Addressing these gaps could enhance the organization's accountability framework and further bolster its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Edenton-Chowan Partnership Inc legitimate?
Edenton-Chowan Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edenton-Chowan Partnership 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,759
For more financial information, click here
Official website here: www.edenton.net
What is the mission statement of Edenton-Chowan Partnership Inc?
The Edenton-Chowan Partnership aims to enhance the quality of life for its community members by promoting economic development, fostering improvements in education and workforce development, and promoting tourism and retiree relocation. The organization's activities are divided among three areas, all of which contribute to the social, educational, and economic welfare of the community. The partnership integrates groups working on workforce education, collaborates with organizations to educate residents and visitors about local history, and provides information about economic development opportunities and local workforce statistics.
Official website here: www.edenton.net
Who is the CEO of Edenton-Chowan Partnership Inc?
Scott Sykes is the Chairman of Edenton-Chowan Partnership Inc.
Official website here: www.edenton.net
What is the revenue of Edenton-Chowan Partnership Inc?
Edenton-Chowan Partnership Inc's revenue in 2022 was $204,388.
Official website here: www.edenton.net
Who are the executives of Edenton-Chowan Partnership Inc and what are their salaries?
The average compensation at Edenton-Chowan Partnership Inc during 2022 was $14,880. There are 2 employees and 15 volunteers at Edenton-Chowan Partnership Inc.
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Official website here: www.edenton.net
Where can I find the form 990 for Edenton-Chowan Partnership Inc?
Edenton-Chowan Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edenton.net
Learn more at the official website: www.edenton.net
Mission Statement of Edenton-Chowan Partnership Inc
Edenton-Chowan Partnership Inc is dedicated to improving the quality of life for all citizens within its community. Its mission encompasses three key areas: fostering economic development, promoting improvements in education and workforce development, and encouraging tourism and retiree relocation. By collaborating with various groups, the organization aims to enhance the social, educational, and economic welfare of its people.
In the realm of economic development, Edenton-Chowan Partnership Inc works towards integrating numerous county-based organizations focused on improving the workforce's education, from elementary to early college levels. By collaborating with these groups, the organization assists in better planning and execution of their programs, ultimately educating local residents and visitors about the region's historical role in the fight for independence and the creation of the nation and state.
In the field of education and workforce development, the partnership plays a significant role by supporting initiatives that improve the workforce's educational attainment. They work with various organizations to ensure that local residents have access to the necessary information about economic development opportunities, local workforce statistics, and financing options. This commitment to education and workforce development is a critical component of the partnership's mission to improve the quality of life for all citizens in the community.
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Impact
October, 2024
Edenton-Chowan Partnership Inc significantly enhances the quality of life for residents of Edenton and Chowan County by focusing on economic development, education, workforce advancement, tourism, and retiree relocation. Through its initiatives, the Partnership fosters collaboration among various groups dedicated to improving workforce education from elementary levels to early college, ensuring that local residents are well-prepared for the job market.
By strategically working with local organizations, the Partnership strengthens the planning and execution of educational programs, while also highlighting Edenton's historical contributions to the nation's independence. This not only enriches the educational landscape but also instills a sense of pride and community identity.
Furthermore, the Partnership plays a vital role in promoting economic development by sharing pertinent information about local opportunities, workforce statistics, and financing options, which helps to attract new businesses and investments. Tourism promotion efforts further enhance the region's economic viability, drawing visitors and potential new residents who can contribute to the local economy.
Overall, the Edenton-Chowan Partnership Inc has a profound and multifaceted impact, leading to increased educational opportunities, a stronger workforce, a more vibrant economy, and a deeper appreciation for the region's historical significance.
This information is meant to be a general summary of Edenton-Chowan Partnership 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 2022.
- Gross Receipts: $204,388
Assets and Liabilities:
- Total Assets: $1,065,460
- Total Liabilities: $47,666
- Net Assets: $1,017,794
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Organization Details
Founding Year
1996
Phone
(252) 482-2007Principal Officer
Scott Sykes
Main Address
101 W WATER STREET, EDENTON, NC, 27932
Website
www.edenton.netNTEE Category
Code: S31 - Community improvement
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