Overview
What is Upper Coastal Plains Development Corporation?
Upper Coastal Plains Development Corporation is a nonprofit organization situated in Wilson, North Carolina. Their primary mission is to foster small business growth within a five-county region through incubation, education, and providing small business loans. The organization operates a Business Development Center, which has assisted numerous companies in expanding beyond its walls, currently housing twenty-one tenants. Due to the aging infrastructure, the center encountered higher expenses in the recent fiscal year, particularly for maintaining the elevators and HVAC units.
Official website here: www.ucpbdc.com
Is Upper Coastal Plains Development Corporation legitimate?
Upper Coastal Plains Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Upper Coastal Plains 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ucpbdc.com
What is the mission statement of Upper Coastal Plains Development Corporation?
The Upper Coastal Plains Development Corporation's mission is centered around business development, specifically focusing on the incubation and growth of small businesses. This mission is accomplished through various means, including small business education and the provision of small business loans. The corporation aims to promote the growth of small businesses within a five-county region. The business development center, operated by the corporation, serves as a hub for incubating small businesses, providing resources and support to help companies outgrow the center. Despite facing higher expenses in the fiscal year due to maintenance costs, such as those associated with aging building components like elevators and HVAC units, the center continues to support its current tenants, numbering twenty-one.
Official website here: www.ucpbdc.com
Who is the CEO of Upper Coastal Plains Development Corporation?
Robert Hiett is the Ceo of Upper Coastal Plains Development Corporation. The CEO's salary of Upper Coastal Plains Development Corporation is $0 and their total compensation is $142,625.
Official website here: www.ucpbdc.com
What is the revenue of Upper Coastal Plains Development Corporation?
Upper Coastal Plains Development Corporation's revenue in 2023 was $184,197.
Official website here: www.ucpbdc.com
Who are the executives of Upper Coastal Plains Development Corporation and what are their salaries?
Here are 5 key members and their salaries (Upper Coastal Plains Development Corporation's CEO's salary is $0 and their total compensation is $142,625):
- Compensation: $0
- Related: $142,625
- Other: $0
- Compensation: $0
- Related: $92,299
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ucpbdc.com
Where can I find the form 990 for Upper Coastal Plains Development Corporation?
Upper Coastal Plains Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ucpbdc.com
Learn more at the official website: www.ucpbdc.com
Mission Statement of Upper Coastal Plains Development Corporation
The Upper Coastal Plains Development Corporation is dedicated to fostering small business growth and development within a five-county region. Their mission is achieved through various means, including small business incubation and offering educational resources. This organization serves as a hub for budding entrepreneurs, providing them with the necessary tools and resources to launch and grow their businesses. The Upper Coastal Plains Development Corporation has a successful track record of assisting numerous companies, helping them outgrow the incubation center, as evidenced by its current roster of twenty-one tenants. However, the organization faced higher-than-usual expenses during the fiscal year due to the maintenance costs associated with an aging building, particularly the elevators and HVAC units. Despite these challenges, the Upper Coastal Plains Development Corporation remains committed to its mission of supporting small businesses and promoting economic growth in the region.
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Impact
October, 2024
Upper Coastal Plains Development Corporation significantly impacts the local economy by fostering small business growth through its incubation programs and educational resources. The organization operates a business development center that serves as a nurturing space for aspiring entrepreneurs. With 21 tenants currently benefiting from its services, the center helps businesses scale and thrive, contributing to job creation and economic vitality in the region.
By offering small business loans and educational opportunities, Upper Coastal Plains Development Corporation equips entrepreneurs with the necessary tools to succeed in a competitive market. The emphasis on business development not only stimulates individual enterprises but also enhances overall community improvement in the five-county area it serves. Despite facing challenges such as increased operational costs due to maintaining aging infrastructure, the organization remains committed to creating a supportive ecosystem for small businesses, which is vital for long-term regional prosperity.
This information is meant to be a general summary of Upper Coastal Plains 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $184,197
- Gross Receipts: $184,197
Assets and Liabilities:
- Total Assets: $891,044
- Total Liabilities: $202,240
- Net Assets: $688,804
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Organization Details
Founding Year
1998
Phone
(252) 479-2103Principal Officer
Robert Hiett
Main Address
PO Box 9, Wilson, NC, 278940009
Website
www.ucpbdc.comNTEE Category
Code: S43 - Community improvement
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