Overview
What is Georgia Corporation For Economic Development?
The Georgia Corporation for Economic Development, abbreviated as GDEcD, is a state-level department situated within Georgia, United States. Its primary role is to strategize, manage, and mobilize state resources, with the primary objective of enticing new business investments into the state of Georgia. In essence, the GDEcD assists in fostering economic development within the state.
Official website here: www.georgia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
The Georgia Corporation For Economic Development has achieved a high rating of 92% from Charity Navigator, which reflects strong accountability and financial health. The organization’s score is solely based on its accountability and finance metrics, indicating a robust commitment to transparency and responsible financial management.
One of the key strengths of this nonprofit includes its fully independent board, with 100% of its members meeting independence criteria. The organization has demonstrated excellent oversight with an audit and oversight committee, and it follows best practices by maintaining a conflict of interest policy and a whistleblower policy. Additionally, it has effectively documented board meeting minutes, showcasing organizational diligence.
However, while the financial metrics are impressive, it is important for potential supporters to consider the organization in the context of its overall mission and program impact. The high program expense ratio indicates that a significant portion of its funds directly supports its programs, but potential donors should seek to understand how these financial practices translate into tangible results in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Corporation For Economic Development legitimate?
Georgia Corporation For Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Corporation For Economic Development 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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For more financial information, click here
Official website here: www.georgia.org
What is the mission statement of Georgia Corporation For Economic Development?
The Georgia Corporation for Economic Development, as a department of the State of Georgia, is tasked with planning, managing, and mobilizing state resources to stimulate business investment within the state. Its primary mission is to assist in Georgia's economic development, aiming to attract new opportunities and contribute to the state's growth. By effectively utilizing available resources, the organization works to encourage economic prosperity and foster a favorable business environment in Georgia.
Official website here: www.georgia.org
Who is the CEO of Georgia Corporation For Economic Development?
Unavailable
Official website here: www.georgia.org
What is the revenue of Georgia Corporation For Economic Development?
Georgia Corporation For Economic Development's revenue in 2022 was $1,747,610.
Official website here: www.georgia.org
Who are the executives of Georgia Corporation For Economic Development and what are their salaries?
There 41 volunteers at Georgia Corporation For Economic Development.
Here are 41 key members and their salaries:
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Official website here: www.georgia.org
Where can I find the form 990 for Georgia Corporation For Economic Development?
Georgia Corporation For Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.georgia.org
Learn more at the official website: www.georgia.org
Mission Statement of Georgia Corporation For Economic Development
Georgia Corporation for Economic Development, abbreviated as GDEcD, serves as a department under the State of Georgia (United States). Its primary mission is to facilitate Georgia's economic development. This entails planning, managing, and utilizing state resources effectively to attract new business investments to the state. The goal is to stimulate economic growth and create job opportunities within Georgia. By orchestrating these activities, GDEcD plays a crucial role in bolstering the state's economic landscape and overall prosperity.
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Impact
July, 2024
The Georgia Corporation For Economic Development plays a vital role in fostering economic development in Georgia by assisting in attracting new business investments to the state. Through its activities, this organization contributes to creating job opportunities, boosting economic growth, and enhancing community improvement in Georgia.
This information is meant to be a general summary of Georgia Corporation For Economic Development. 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: $51
- Gross Receipts: $1,747,610
Assets and Liabilities:
- Total Assets: $4,640,630
- Total Liabilities: $900,258
- Net Assets: $3,740,372
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Organization Details
Founding Year
1997
Phone
(404) 962-4007Main Address
75 5TH STREET NW SUITE 1200, ATLANTA, GA, 30308
Website
www.georgia.orgNTEE Category
Code: S30Z - Community improvement
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