Overview
What is Myrtle Beach Regional Economic Development Corporation?
Myrtle Beach Regional Economic Development Corporation is a nonprofit organization situated in Conway, South Carolina. With a modest team of two employees, its primary mission is to foster economic growth in Horry County. This involves promoting diversification in the local economy and upholding a conducive business environment, ensuring Myrtle Beach remains an attractive destination for businesses. To achieve these goals, the corporation actively supports and implements initiatives that encourage economic development, thereby enhancing the region's overall prosperity.
Official website here: www.mbredc.org
What do the Facebook reviews say about Myrtle Beach Regional Economic Development Corporation?
96% of reviewers on Facebook recommend the Myrtle Beach Regional Economic Development Corporation. Here is a summary of their reviews:
Many users express admiration for the organization's commitment to fostering local businesses, highlighting the dedication and hard work of the staff. The positive sentiment is evident, with remarks appreciating the kindness and passion demonstrated by team members. Members feel supported and valued, expressing satisfaction with their involvement in the organization.
Overall, it is clear that the nonprofit is making a significant impact in the community and that its efforts are well-received by those it serves. The enthusiastic endorsements reflect strong approval and trust in their mission to promote economic growth in the Myrtle Beach area.
This AI summary has been generated from reviews found on Facebook.
Is Myrtle Beach Regional Economic Development Corporation legitimate?
Myrtle Beach Regional Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Myrtle Beach Regional Economic 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:
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Other Salaries and Wages: $406,930
For more financial information, click here
Official website here: www.mbredc.org
What is the mission statement of Myrtle Beach Regional Economic Development Corporation?
The Myrtle Beach Regional Economic Development Corporation is committed to promoting, implementing, and supporting activities that foster economic development. Their goal is to diversify the economy and maintain a high-quality business climate. Through their efforts, they strive to create an environment conducive to business growth and attract investments, thereby contributing to the overall economic prosperity. The corporation's activities are geared towards enhancing the local economy and ensuring a favorable business environment.
Official website here: www.mbredc.org
What is the revenue of Myrtle Beach Regional Economic Development Corporation?
Myrtle Beach Regional Economic Development Corporation's revenue in 2024 was $1,274,015.
Official website here: www.mbredc.org
Who are the executives of Myrtle Beach Regional Economic Development Corporation and what are their salaries?
The average compensation at Myrtle Beach Regional Economic Development Corporation during 2024 was $101,732. There are 4 employees at Myrtle Beach Regional Economic Development Corporation.
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Official website here: www.mbredc.org
Where can I find the form 990 for Myrtle Beach Regional Economic Development Corporation?
Myrtle Beach Regional Economic Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mbredc.org
Learn more at the official website: www.mbredc.org
Mission Statement of Myrtle Beach Regional Economic Development Corporation
Myrtle Beach Regional Economic Development Corporation, abbreviated as MBRED, is an organization dedicated to promoting economic growth, diversification, and maintaining a conducive business environment. Their mission is to actively support and implement initiatives that foster economic development, diversify the local economy, and uphold a high-quality business climate. By undertaking these activities, MBRED aims to contribute positively to the overall economic health and prosperity of the community.
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Impact
October, 2024
The Myrtle Beach Regional Economic Development Corporation plays a crucial role in enhancing the economic landscape of Horry County. By promoting, implementing, and supporting activities aimed at economic development, the organization fosters a diverse economy and ensures a quality business climate. Their efforts contribute significantly to the diversification of local industries, providing resilience against economic fluctuations and creating a more sustainable community.
Through strategic initiatives, the corporation addresses local business needs and encourages investment, ultimately driving growth and development in the region. By focusing on community improvement, they enhance the overall quality of life for residents, making Horry County an attractive destination for talent and business alike. Their dedication to economic vitality helps shape the future of the area, positioning it for sustained success and prosperity.
This information is meant to be a general summary of Myrtle Beach Regional Economic 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 2024.
- Investment Income: $68,070
- Program Service Revenue: $14,147
- Gross Receipts: $1,274,015
Assets and Liabilities:
- Total Assets: $2,764,302
- Total Liabilities: $14,160
- Net Assets: $2,750,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDUSTRY AWARENESS DEV
Revenue
$14,147
Organization Details
Founding Year
1994
Principal Officer
Justin Roof
Website
www.mbredc.orgNTEE Category
Code: S30 - Community improvement
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