Overview
What is Economic Development Partnership?
The Economic Development Partnership is a tax-exempt 501(C)(6) organization, established in 1984, dedicated to promoting economic growth in Aiken, Edgefield, and Saluda counties, South Carolina. While not exclusively focused on technology-based programs, a significant portion of its work involves facilitating the transfer of innovations from the Savannah River National Laboratory to the private sector, thereby laying the groundwork for future employment opportunities. As the designated carrier of SRSRA programs in these three counties, the Economic Development Partnership receives funding from SRSRA to support local economic development efforts. With a modest workforce of 4 individuals, this nonprofit organization plays a crucial role in driving development and creating prospects for the region.
Official website here: www.edpsc.org
Is Economic Development Partnership legitimate?
Economic Development Partnership is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Partnership 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: $215,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $156,152
For more financial information, click here
Official website here: www.edpsc.org
What is the mission statement of Economic Development Partnership?
The Economic Development Partnership, a tax-exempt 501(C)(6) organization, is committed to promoting economic development in its region. Established in 1984, its primary goal is to foster growth in the counties of Aiken, Edgefield, and Saluda in South Carolina. The partnership collaborates with the Savannah River Site Redevelopment Authority (SRSRA), receiving funding to carry out SRSRA programs in these counties. Although not limited to technology-based programs, a significant portion of the Economic Development Partnership's work involves bringing new technology from the Savannah River National Laboratory to the private sector, thereby creating a foundation for jobs of the future.
Official website here: www.edpsc.org
Who is the CEO of Economic Development Partnership?
Willson M Williams is the President & Ceo of Economic Development Partnership. The CEO's salary of Economic Development Partnership is $176,529 and their total compensation is $215,670.
Official website here: www.edpsc.org
What is the revenue of Economic Development Partnership?
Economic Development Partnership's revenue in 2022 was $4,891,813.
Official website here: www.edpsc.org
Who are the executives of Economic Development Partnership and what are their salaries?
The average compensation at Economic Development Partnership during 2022 was $92,956. There are 4 employees at Economic Development Partnership.
Here are 22 key members and their salaries (Economic Development Partnership's CEO's salary is $176,529 and their total compensation is $215,670):
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Official website here: www.edpsc.org
Where can I find the form 990 for Economic Development Partnership?
Economic Development Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edpsc.org
Learn more at the official website: www.edpsc.org
Mission Statement of Economic Development Partnership
The Economic Development Partnership, a tax-exempt 501(c)(6) organization, is committed to fostering economic growth in Aiken, Edgefield, and Saluda counties in South Carolina. Established in 1984, this organization serves as a catalyst for economic development, playing a significant role in promoting prosperity within these regions. The Savannah River Site Redevelopment Authority (SRSRA) is responsible for supporting economic development in the surrounding counties. Recognizing the Economic Development Partnership's potential, the SRSRA has designated it as the organization responsible for carrying out its programs in Aiken, Edgefield, and Saluda counties, providing the partnership with necessary funding. While not exclusively focused on technology-based programs, the Economic Development Partnership's work often involves bridging the gap between the Savannah River National Laboratory's research and the private sector, laying the groundwork for future job opportunities.
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Impact
October, 2024
The Economic Development Partnership significantly impacts Aiken and Edgefield Counties in South Carolina by fostering economic growth and community improvement. Through its collaboration with the Savannah River Site Redevelopment Authority, it implements programs designed to enhance the local economy. A key focus of the Partnership is the transfer of new technologies from the Savannah River National Laboratory to the private sector, which not only stimulates innovation but also plays a crucial role in creating a foundation for future job opportunities.
By promoting technology-based initiatives and supporting local businesses, the Economic Development Partnership helps attract investments and develop a skilled workforce, essential for the region’s economic advancement. This strategic approach not only bolsters current employment but also paves the way for sustainable economic development in the years to come. Overall, the Partnership's work contributes significantly to the improvement of the community, making it an essential player in regional development.
This information is meant to be a general summary of Economic Development Partnership. 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.
- Investment Income: $5,527
- Program Service Revenue: $6,328
- Gross Receipts: $4,891,813
Assets and Liabilities:
- Total Assets: $6,749,200
- Total Liabilities: $101,375
- Net Assets: $6,647,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT RELATED REVENU
Revenue
$6,328
Organization Details
Founding Year
1984
Phone
(803) 641-3300Principal Officer
Willson M Williams
Main Address
PO BOX 1708, AIKEN, SC, 29802
Website
www.edpsc.orgNTEE Category
Code: S30 - Community improvement
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