Overview
What is Martin County Economic Development?
Martin County Economic Development, situated in Williamston, North Carolina, is a nonprofit organization dedicated to fostering economic growth within Martin County and its surrounding areas. Their primary focus includes providing support to existing businesses, recruiting new industries, and offering incentives to potential new industries. This support encompasses leasing space to existing industries, rehabilitating facilities for new industries, covering the soft costs of building new shell structures, and offering incentives to attract new industries. With a team of five dedicated individuals, Martin County Economic Development works tirelessly to stimulate economic development and boost local businesses in the region.
Official website here: www.martincountyedc.com
Is Martin County Economic Development legitimate?
Martin County Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin County Economic Development 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: $46,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,089
For more financial information, click here
Official website here: www.martincountyedc.com
What is the mission statement of Martin County Economic Development?
Martin County Economic Development is committed to fostering economic growth within its local area and surrounding regions. Their primary objective is to promote economic development, which they achieve through various means such as providing business support, industrial recruitment, and offering incentives to new industries. This organization is instrumental in leasing space for existing industries, rehabilitating facilities for new industries, covering the cost of building new shell structures, and offering incentives to attract new businesses. Their mission is to contribute positively to the local economy and create a conducive environment for businesses to thrive.
Official website here: www.martincountyedc.com
Who is the CEO of Martin County Economic Development?
Roy Lilley is the Board Chair of Martin County Economic Development.
Official website here: www.martincountyedc.com
What is the revenue of Martin County Economic Development?
Martin County Economic Development's revenue in 2021 was $273,295.
Official website here: www.martincountyedc.com
Who are the executives of Martin County Economic Development and what are their salaries?
The average compensation at Martin County Economic Development during 2021 was $10,759. There are 5 employees and 10 volunteers at Martin County Economic Development.
Here are 12 key members and their salaries:
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Official website here: www.martincountyedc.com
Where can I find the form 990 for Martin County Economic Development?
Martin County Economic Development's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.martincountyedc.com
Learn more at the official website: www.martincountyedc.com
Mission Statement of Martin County Economic Development
Martin County Economic Development, as the name suggests, is committed to fostering economic growth within Martin County, North Carolina, and its surrounding areas. Their primary mission is to promote economic development, which they achieve through various means. This nonprofit organization plays an essential role in supporting local businesses and attracting new industries to the area.
Specifically, Martin County Economic Development engages in activities that include providing leased space to existing industries, rehabilitating existing facilities for new industries, and offering incentives to new industries. Furthermore, they also undertake the soft cost of constructing new shell buildings, demonstrating their comprehensive approach to economic growth. By undertaking these activities, Martin County Economic Development aims to contribute to the overall economic prosperity of the region, benefiting both existing businesses and potential new ones.
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Impact
October, 2024
Martin County Economic Development plays a crucial role in fostering economic growth within Martin County, North Carolina, and its neighboring areas. By focusing on business support and industrial recruitment, the organization facilitates the creation of a robust economic environment. This includes providing leased space to existing industries, rehabilitating facilities to attract new businesses, and covering the soft costs associated with constructing shell buildings. Additionally, Martin County Economic Development offers incentives to entice new industries, further enhancing the region's economic landscape. Their efforts not only stimulate job creation but also contribute to the overall community improvement, making the area a more attractive place for both businesses and residents.
This information is meant to be a general summary of Martin County Economic Development. 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 2021.
- Investment Income: $1,590
- Program Service Revenue: $117,644
- Gross Receipts: $273,295
Assets and Liabilities:
- Total Assets: $1,779,076
- Total Liabilities: $15,784
- Net Assets: $1,763,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENTAL INCOME
Revenue
$80,940
CONFERENCE ROOM RENTAL
Revenue
$27,904
REIMBURSEMENTS INCOME
Revenue
$8,800
Organization Details
Founding Year
1997
Phone
(252) 789-4904Principal Officer
Roy Lilley
Main Address
415 EAST BLVD, WILLIAMSTON, NC, 27892
Website
www.martincountyedc.comNTEE Category
Code: S31Z - Community improvement
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