Overview
What is Business Development Board Of Palm Beach County Inc?
The Business Development Board of Palm Beach County Inc is a nonprofit organization situated in West Palm Beach, Florida. Its primary mission is to foster economic growth and development within the county, aiming to create job opportunities for all residents. The organization achieves this by engaging in business recruitment, retention, and expansion efforts. By attracting new companies, supporting existing ones, and coordinating business development activities, they strive to improve the county's economic stability and tax base. Additionally, they collect and disseminate economic data, assisting all communities in attracting or retaining businesses. With a staff of 14 individuals, the Business Development Board of Palm Beach County Inc is dedicated to enhancing the county's economic landscape.
Official website here: www.bdb.org
What do the Facebook reviews say about Business Development Board Of Palm Beach County Inc?
94% of 13 reviewers on Facebook recommend the Business Development Board Of Palm Beach County Inc. Here is a summary of their reviews:
Many users highlight the positive impact this nonprofit has on promoting business development and fostering growth within the community. Reviewers appreciate the organization’s approach, noting that it is particularly suited for individuals with a business mindset.
Overall, sentiments lean towards satisfaction, with commenters expressing their support for the Board’s initiatives and the beneficial resources provided to local businesses. The Board seems to effectively deliver on its mission to support economic development in Palm Beach County.
This AI summary has been generated from reviews found on Facebook.
Is Business Development Board Of Palm Beach County Inc legitimate?
Business Development Board Of Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Business Development Board Of Palm Beach County Inc 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: $574,720
Professional Fundraising Fees: $0
Other Salaries and Wages: $868,673
For more financial information, click here
Official website here: www.bdb.org
What is the mission statement of Business Development Board Of Palm Beach County Inc?
The Business Development Board of Palm Beach County Inc's mission is centered around promoting economic development on a countywide scale. Their primary objective is to create job opportunities for all residents by recruiting, retaining, and expanding companies. They coordinate various business development activities to enhance economic stability, improve the county's tax base, and assist communities in attracting or retaining businesses. Furthermore, they collect and disseminate economic data to support their efforts. In essence, their mission is to create high-quality jobs, diversify the economic base, and attract new companies while growing existing businesses within the county.
Official website here: www.bdb.org
Who is the CEO of Business Development Board Of Palm Beach County Inc?
Kelly Smallridge is the Past Chair of Business Development Board Of Palm Beach County Inc. The CEO's salary of Business Development Board Of Palm Beach County Inc is $365,769 and their total compensation is $424,125.
Official website here: www.bdb.org
What is the revenue of Business Development Board Of Palm Beach County Inc?
Business Development Board Of Palm Beach County Inc's revenue in 2022 was $3,393,134.
Official website here: www.bdb.org
Who are the executives of Business Development Board Of Palm Beach County Inc and what are their salaries?
The average compensation at Business Development Board Of Palm Beach County Inc during 2022 was $103,100. There are 14 employees at Business Development Board Of Palm Beach County Inc.
Here are 53 key members and their salaries (Business Development Board Of Palm Beach County Inc's CEO's salary is $365,769 and their total compensation is $424,125):
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Official website here: www.bdb.org
Where can I find the form 990 for Business Development Board Of Palm Beach County Inc?
Business Development Board Of Palm Beach County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bdb.org
Learn more at the official website: www.bdb.org
Mission Statement of Business Development Board Of Palm Beach County Inc
The Business Development Board Of Palm Beach County Inc has a mission centered around countywide economic development. Their primary goal is to create job opportunities for all residents by recruiting, retaining, and expanding companies within the county. By engaging in these activities, they aim to improve economic stability, enhance the county's tax base, and assist various communities in attracting or retaining businesses. The organization collects and disseminates economic data to support their efforts, working diligently to diversify the economic base and relocate new companies to Palm Beach County while also fostering the growth and retention of existing businesses in the area.
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Impact
October, 2024
The Business Development Board of Palm Beach County Inc. plays a significant role in shaping the economic landscape of the region. By actively engaging in countywide economic development efforts, it focuses on recruiting, retaining, and expanding companies to foster job creation for residents. This initiative not only addresses current employment needs but also works toward enhancing economic stability and diversifying the local economic base.
Through strategic business recruitment and retention, the Board helps establish high-quality job opportunities, encouraging both existing businesses and new companies to thrive within Palm Beach County. This concerted effort contributes directly to improving the county's tax base and supports all communities in their quest to attract and retain businesses. Additionally, the collection and dissemination of crucial economic data allow for informed decision-making and targeted support for economic growth initiatives.
Overall, the impact of the Business Development Board is profound, as it plays a pivotal role in building a robust, sustainable economy that benefits all residents of Palm Beach County.
This information is meant to be a general summary of Business Development Board Of Palm Beach County Inc. 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: $86
- Program Service Revenue: $1,451,995
- Gross Receipts: $3,980,080
Assets and Liabilities:
- Total Assets: $3,656,991
- Total Liabilities: $969,818
- Net Assets: $2,687,173
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$1,431,470
OTHER REVENUE
Revenue
$20,525
Organization Details
Founding Year
1982
Phone
(561) 835-1008Principal Officer
Kelly Smallridge
Main Address
310 EVERNIA STREET, WEST PALM BEACH, FL, 33401
Website
www.bdb.orgNTEE Category
Code: S40 - Community improvement
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