Dorchester County Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 570958119 ✦ Summerville, SC ✦ Designated as a 501(c)(6)

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Overview

What is Dorchester County Development Corporation?

Dorchester County Development Corporation is a nonprofit organization based in Summerville, South Carolina. Their primary goal is to assist new businesses in Dorchester County by providing funding and exploring ways to stimulate economic growth in the region. The organization's mission is to enhance job opportunities in the county, aiming to create an environment that attracts businesses and supports their growth over the long term. This, in turn, aims to improve the standard of living for the county's citizens by offering more job opportunities with higher skills and better wages. The Corporation operates with a focus on fostering an environment that welcomes businesses, helping them to thrive and succeed in the long term.

Is Dorchester County Development Corporation legitimate?

Dorchester County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Dorchester County 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

What is the mission statement of Dorchester County Development Corporation?

The Dorchester County Development Corporation serves as the organization responsible for fostering business growth and retention in the area. Their mission is to establish and maintain an environment that encourages businesses to thrive and grow sustainably over the long term. By accomplishing this, they aim to enhance the living standards of Dorchester County's citizens by providing an increased number of job opportunities with advanced skills and competitive wages. To achieve this goal, the corporation works diligently to create a welcoming atmosphere for businesses and offer necessary support to help them succeed.

Who is the CEO of Dorchester County Development Corporation?

Frank Dreyer is the President of Dorchester County Development Corporation.

What is the revenue of Dorchester County Development Corporation?

Dorchester County Development Corporation's revenue in 2022 was $376,287.

Who are the executives of Dorchester County Development Corporation and what are their salaries?


Here are 7 key members and their salaries:


Frank Dreyer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Givens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Bailey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Jenkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Skip Elliot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Truluck (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dorchester County Development Corporation?

Dorchester County Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dorchester County Development Corporation

Dorchester County Development Corporation, a key organization in the area, is dedicated to enhancing employment prospects within Dorchester County. Their primary mission is to foster a conducive environment that attracts and aids businesses in their growth and long-term success. By doing so, the corporation aims to elevate the living standards of the county's residents by providing an abundance of job opportunities with improved skill sets and higher wages. Ultimately, Dorchester County Development Corporation serves as a catalyst for economic development within the county, ensuring a prosperous future for its citizens.

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Impact




October, 2024

Dorchester County Development Corporation has a significant impact on the local economy by enhancing job opportunities and supporting business growth in the region. By providing funding for new businesses and conducting research to identify effective strategies for economic development, the organization fosters a welcoming environment for companies to thrive. This proactive approach not only aids in the retention and expansion of existing businesses but also attracts new ventures, ultimately contributing to an increase in the standard of living for residents. As a result, the corporation plays a key role in elevating skills and wages in Dorchester County, leading to sustainable economic progress and community improvement.




This information is meant to be a general summary of Dorchester County 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.

Revenue
$376,287 (2022)
Expenses
$964 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $376,287
  • Gross Receipts: $376,287

Assets and Liabilities:

  • Total Assets: $424,258
  • Total Liabilities: $7,288
  • Net Assets: $416,970

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Organization Details

Founding Year

1992

Principal Officer

Frank Dreyer

Main Address

PO BOX 1582, SUMMERVILLE, SC, 294841582

NTEE Category

Code: S30 - Community improvement

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