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Economic Futures Group

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

EIN: 571133433 ✦ Spartanburg, SC ✦ Designated as a 501(c)(6)

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Overview

What is Economic Futures Group?

The Economic Futures Group is a nonprofit organization situated in Spartanburg County, South Carolina. Their primary mission is to boost and enhance economic development within the county. The group's primary focus is on fostering economic growth, aiming to improve the overall economic landscape of Spartanburg County. They do not provide specific details about their programs, resources, or reach beyond the county, but their mission statement underscores their commitment to stimulating economic progress in the area.


Official website here: www.economicfuturesgroup.com

Is Economic Futures Group legitimate?

Economic Futures Group is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Futures Group 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.economicfuturesgroup.com

What is the mission statement of Economic Futures Group?

The Economic Futures Group's mission is centered around boosting and enhancing economic development within its sphere. Their primary objective is to contribute positively to the economic growth of Spartanburg County. They strive to achieve this goal by implementing strategies and initiatives that foster economic development, ultimately aiming to improve the overall economic well-being of the community.


Official website here: www.economicfuturesgroup.com

Who is the CEO of Economic Futures Group?

Allen Smith is the CEO of Economic Futures Group The CEO's salary of Economic Futures Group is $0 and their total compensation is $0.


Official website here: www.economicfuturesgroup.com

What is the revenue of Economic Futures Group?

Economic Futures Group's revenue in 2024 was $1,482,904.


Official website here: www.economicfuturesgroup.com

Who are the executives of Economic Futures Group and what are their salaries?

Here are 17 key members and their salaries (Economic Futures Group's CEO's salary is $0 and their total compensation is $0):


Phil Feisal (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Horne (Vice Chair - Onespartanbur)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Evins (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hannon (Vice Chair - Governmental)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethan Burroughs (Vice Chair - Economic Deve)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Craig (Vice Chair - Investor Rela)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Cajka (Vice Chair - Tourism)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avi Lawrence (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Settle (Vice Chair - Leadership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pontheolla Abernathy (At Large - Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Gray (Vice Chair - Downtown Deve)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Kennedy (At Large - Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bennie Harris (At Large - Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Bird (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Keese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Mccraw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Smith (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.economicfuturesgroup.com

Where can I find the form 990 for Economic Futures Group?

Economic Futures Group's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.economicfuturesgroup.com

Learn more at the official website: www.economicfuturesgroup.com

Mission Statement of Economic Futures Group

The Economic Futures Group is committed to boosting and enhancing economic development within Spartanburg County. Their mission is centered around fostering economic growth in this specific region, aiming to contribute positively to its economic landscape and overall prosperity. By taking on this role, the Economic Futures Group aims to drive developmental changes that improve the economic well-being of the community, ultimately leading to a more prosperous and thriving Spartanburg County.

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Impact




October, 2024

Economic Futures Group plays a crucial role in boosting economic development in Spartanburg County. By focusing on strategic initiatives, it enhances community growth and prosperity. The organization actively collaborates with local businesses, government agencies, and community leaders to implement programs that stimulate job creation, encourage investment, and foster innovation.

Through its efforts, Economic Futures Group contributes to improving the overall quality of life in Spartanburg County, ensuring that residents benefit from sustainable economic opportunities. The organization’s commitment to community improvement helps create a vibrant environment for both existing businesses and potential investors, ultimately driving long-term economic resilience for the region.




This information is meant to be a general summary of Economic Futures Group. 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
$1,482,904 (2024)
Expenses
$1,893,063 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $764
  • Gross Receipts: $1,482,904

Assets and Liabilities:

  • Total Assets: $4,397,818
  • Total Liabilities: $92,219
  • Net Assets: $4,305,599

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Organization Details

Founding Year

2002

Principal Officer

Allen Smith

NTEE Category

Code: S41 - Community improvement

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