Economic Development Commission Of Florida's Space Coast Inc

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

EIN: 592946685 ✦ Rockledge, FL ✦ Designated as a 501(c)(6)

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Overview

What is Economic Development Commission Of Florida's Space Coast Inc?

The Economic Development Commission of Florida's Space Coast Inc is a not-for-profit organization situated in Rockledge, Florida. It collaborates closely with the local business community, leaders, and organizations to stimulate economic growth and attract investment in the Space Coast region. The commission focuses on five primary industries, namely aerospace and aviation, advanced communications, electronics, homeland security and defense, and emerging technologies. They advocate for a competitive business environment and engage community leaders to promote their cause. The organization offers programs like the Certified Production Technician Program, which equips the next generation of manufacturing workers and has a high employment rate. Additionally, the EDC Live Big Space Coast Campaign supports the workforce pipeline needs of local industries, managing numerous business projects and client leads annually. With these initiatives, the Space Coast is ranked as Florida's most industry-diverse economy.


Official website here: www.spacecoastedc.org

Is Economic Development Commission Of Florida's Space Coast Inc legitimate?

Economic Development Commission Of Florida's Space Coast Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Commission Of Florida's Space Coast 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: $368,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $774,807

For more financial information, click here


Official website here: www.spacecoastedc.org

What is the mission statement of Economic Development Commission Of Florida's Space Coast Inc?

The Economic Development Commission of Florida's Space Coast Inc is dedicated to promoting and fostering economic and industrial development. Their mission is achieved by implementing programs designed to strengthen and expand income potential for businesses within the trade area. The commission works closely with various sectors of the community, including business leaders, chambers of commerce, and local and state government leaders, to attract new businesses and investments, expand existing industries, and advocate for positive business policies. They concentrate on five key industries: aerospace and aviation, advanced communications, electronics, homeland security and defense, and emerging technologies. The commission also engages community leaders to serve as economic development advocates, fostering conditions and coalitions that lead to opportunities for businesses to expand and obtain a qualified workforce. Their programs, such as the Certified Production Technician Program, aim to provide training and workforce-ready skills, attracting top talent to support the workforce pipeline needs of local industry.


Official website here: www.spacecoastedc.org

Who is the CEO of Economic Development Commission Of Florida's Space Coast Inc?

Lynda Weatherman is the Chair of Economic Development Commission Of Florida's Space Coast Inc.


Official website here: www.spacecoastedc.org

What is the revenue of Economic Development Commission Of Florida's Space Coast Inc?

Economic Development Commission Of Florida's Space Coast Inc's revenue in 2022 was $2,934,772.


Official website here: www.spacecoastedc.org

Who are the executives of Economic Development Commission Of Florida's Space Coast Inc and what are their salaries?

The average compensation at Economic Development Commission Of Florida's Space Coast Inc during 2022 was $95,261. There are 12 employees and 194 volunteers at Economic Development Commission Of Florida's Space Coast Inc.


Here are 196 key members and their salaries:


Bart Gaetjens (Chair)
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Kirk Hall (Chair-Elect)
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Julie K Song (Past Chair)
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Travis Proctor (Treasurer)
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Greg Akers (Director)
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Jason Alford (Director)
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Luther Andal (Director)
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Tim Antonition (Director)
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Christopher Bailey (Director)
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Kristin Bakke (Director)
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Jim Barfield (Director)
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Courtney Barker (Director)
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Kevin Barry (Director)
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Kim Belardinelli (Director)
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Stephanie Bergsieker (Director)
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Alan Bernstein (Director)
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Charles R Berry (Director)
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Leah Blackmore (Director)
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Bonny Block (Director)
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Julie Braga (Director)
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Thomas Brandon (Director)
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Linda Brandt (Director)
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Matt Brandt (Director)
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Scott Brazdo (Director)
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Colleen Browne (Director)
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Mark Buongiorno (Director)
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Mark F Busalacchi (Director)
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Kat Butler (Director)
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Dewayne Carpenter (Director)
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Holly Carver (Director)
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Laura Chiesman (Director)
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Gregory Cimeno (Director)
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Daniel Ciuro (Director)
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Roz Clark (Director)
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Justyn Cole (Director)
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Chris Conneen (Director)
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Anne Conroy-Baiter (Director)
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Erik Costin (Director)
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Peter Cranis (Director)
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Brian E Curtin (Director)
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Bill Davis (Director)
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Craig Day (Director)
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Frank Dibello (Director)
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Cindy Dittmer (Director)
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Kirsten Dreggors (Director)
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Scott Eller (Director)
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Evan Ernst (Director)
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Brett Esrock (Director)
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Daniel Evans (Director)
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Thomas Eye (Director)
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Sean Farrell (Director)
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Robin Fisher (Director)
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James D Flint (Director)
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Al Forbes (Director)
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Josiah Gattle (Director)
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Kevin Gholston (Director)
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Deborah Goode (Director)
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Michele Goodwin (Director)
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Bo Green (Director)
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Ken Gregg (Director)
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Lloyd Gregg (Director)
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Rich Grey (Director)
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Bill Guyan (Director)
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Deborah Harmon (Director)
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Gail Hart (Director)
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Benjamin Hayes (Director)
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Charles M Heinen (Director)
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Scott Henderson (Director)
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Tom C Hermansen (Director)
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Gordy Houser (Director)
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Ryan Jesenik (Director)
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Neal Johnson (Director)
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Claudia H Jones (Director)
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Jason Jones (Director)
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Teri Jones (Director)
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Joan Junkala-Brown (Director)
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Wayne E Justice (Director)
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Dan Kelley (Director)
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Dana Kilborne (Director)
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Richard Kolleda (Director)
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David Kornick (Director)
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Lorraine Koss (Director)
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Gary Krueger (Director)
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Daniel Lamorte (Director)
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Michael Lapidus (Director)
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Brian Lightle (Director)
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Jordan Luhn (Director)
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Thomas Mahle (Director)
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Ben Malik (Director)
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Peter J Mannino (Director)
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Frank Margiotta (Director)
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Lesley-Anne Marks (Director)
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Dawn Mays (Director)
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Shawn Mcintyre (Director)
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Carla M Mcrae (Director)
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Mike Meredith (Director)
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Brett Miller (Director)
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Lory Milton (Director)
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Jessica Moore (Director)
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Chrystal A Morgan (Director)
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Todd Morley (Director)
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Angelica Morrissey (Director)
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Mark Mullins (Director)
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Marci Murphy (Director)
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Gary Neal (Director)
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Jo Lynn Nelson (Director)
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Micah Nix (Director)
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Craig Olson (Director)
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Daniel Pierron (Director)
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Todd Pokrywa (Director)
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Dan Pollock (Director)
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Rita Pritchett (Director)
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Gary P Prus (Director)
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Robert Rains (Director)
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Jonathan H Reed (Director)
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Dina Reider-Hicks (Director)
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Kimberly B Rezanka (Director)
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Jim Rhinehart (Director)
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Anthony M Romero (Director)
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Wendy Romeu (Director)
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Hal Rose (Director)
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Joe Rowlette (Director)
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Corey Runte (Director)
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Gilbert Russell (Director)
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Jack Ryals (Director)
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Robert Salonen (Director)
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Kimberly Santiago (Director)
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Anthony Scaramouche (Director)
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Mark A Schramek (Director)
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Leah Selig (Director)
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Natalie Sellers (Director)
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Summit Shah (Director)
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Forrest Smalley (Director)
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David Smith (Director)
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Paul Sohl (Director)
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Rob Solito (Director)
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Natasha Cartagena Spencer (Director)
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Linda Stout (Secretary)
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Brett Strassel (Director)
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Tracy K Stroderd (Director)
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Matthew Susin (Director)
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Todd Sutherland (Director)
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Rich D Sutter (Director)
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Lindsey Swindle (Director)
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Al Taylor (Director)
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Debbie Thomas (Director)
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Stephen C Thomas (Director)
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John Timmermann (Director)
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Emmanuel Tormes (Director)
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James Trudeau (Director)
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David J Volk (Director)
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Scott J Wall (Director)
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Abram Walton (Director)
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Patricia Weeks (Director)
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Bradley White (Director)
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Lisa Wilder (Director)
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Bill Williams (Director)
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Corey Williams (Director)
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Michael Jr Williams (Director)
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Peter D Woods (Director)
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Laura Young (Director)
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Gwendolyn Anello (Director)
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Kelly Billon (Director)
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Barney Bishop (Director)
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Bryan Bobbitt (Director)
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Andrew Cameron (Director)
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Stephany Eley (Director)
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Micah Loyd (Director)
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Debbie Harvey (Director)
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Phillip Hayes (Director)
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Sharon Ivory (Director)
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Walter Jackim (Director)
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Kenny Johnson (Director)
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Wayne E Justice (Director)
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Jason Kirk (Director)
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Jason W Miller (Director)
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Andrew Pickett (Director)
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Jennifer Rogers (Director)
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Winston Scott (Director)
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Lynn Smith (Director)
  • Compensation: $0
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Scott Sorensen (Director)
  • Compensation: $0
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Lisa Steffen (Director)
  • Compensation: $0
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Tony Taliancich (Director)
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Brande H Walton (Director)
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Mary Watkins (Director)
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Eric Wright (Director)
  • Compensation: $0
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Kristine Zonka (Director)
  • Compensation: $0
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Maritza Martinez-Guerrero (Director)
  • Compensation: $0
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Janet Petro (Director)
  • Compensation: $0
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Scott Pfeiler (Director)
  • Compensation: $0
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Richard P Pruss (Director)
  • Compensation: $0
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Hector Rivera (Director)
  • Compensation: $0
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Joe T Mayer (Director (Thru July 2022))
  • Compensation: $0
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  • Other: $0
Valia Rich (Director (Thru Nov 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynda Weatherman (President)
  • Compensation: $325,882
  • Related: $0
  • Other: $63,113
Trudy Mccarthy (Sr Director Of Marketing)
  • Compensation: $123,425
  • Related: $0
  • Other: $50,135


Official website here: www.spacecoastedc.org

Where can I find the form 990 for Economic Development Commission Of Florida's Space Coast Inc?

Economic Development Commission Of Florida's Space Coast Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.spacecoastedc.org

Learn more at the official website: www.spacecoastedc.org

Mission Statement of Economic Development Commission Of Florida's Space Coast Inc

The Economic Development Commission of Florida's Space Coast, Inc., as a not-for-profit organization, is committed to promoting and fostering economic and industrial development in its area of operation. Its mission is to strengthen and expand the income potential of businesses within its trade area by implementing and advocating for economic programs. This dedicated organization works closely with various stakeholders, including business leaders, chambers of commerce, local and state government leaders, and community organizations. Its primary strategic priorities include maintaining a targeted industry focus, advocating for a competitive business environment, and engaging community leaders and elected officials to serve as economic development advocates.

In pursuit of its mission, the Economic Development Commission of Florida's Space Coast, Inc., focuses on five key industries: aerospace and aviation, advanced communications, electronics, homeland security and defense, and emerging technologies. The commission's efforts are aimed at attracting new business and investment, expanding existing industry, and advocating for positive business policies. It also promotes the Space Coast to encourage new business investment, supports efforts of Space Coast military installations, and develops programs to assist manufacturing and high-tech companies.

One of the commission's programs is the Certified Production Technician (CPT) program, which provides training and workforce-ready skills to students, with 88% of CPT certified students securing employment. This program has grown to include career exposure tours, HR and interview skills sessions, and private job fairs. Another initiative is the EDC Live Big Space Coast campaign, which attracts top talent to support the workforce pipeline needs of local industry. The commission also manages new business projects and leads in diversifying the industry base, providing additional employment avenues and long-term durability for the economy.

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Impact



October, 2024

The Economic Development Commission of Florida's Space Coast Inc plays a vital role in fostering economic and industrial development in Brevard County. By collaborating closely with local businesses, chambers of commerce, and government leaders, it successfully attracts new investment while supporting the growth of existing industries.

One of the key impacts is the strategic focus on five core industries: aerospace and aviation, advanced communications, electronics, homeland security and defense, and emerging technologies. This targeted approach not only diversifies the economy but also promotes long-term stability and resilience.

The Commission actively advocates for a competitive business environment and engages community leaders to champion economic development initiatives. This has led to job growth and the creation of programs that equip the workforce with necessary skills. For example, the Certified Production Technician (CPT) program has produced a highly employable workforce, with an impressive 88% of participants securing jobs post-certification.

Furthermore, initiatives like the Live Big Space Coast campaign aim to attract top talent to the area, addressing the workforce needs of local industries. Over the past year, the Commission managed 47 new business projects and generated 87 new client leads, reinforcing the Space Coast's position as Florida's most industry-diversified economy.

By enhancing the business landscape and supporting workforce development, the Economic Development Commission contributes significantly to the overall economic vitality and community improvement of Brevard County.



This information is meant to be a general summary of Economic Development Commission Of Florida's Space Coast 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.

Revenue
$2,934,772 (2022)
Expenses
$2,416,791 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $215
  • Program Service Revenue: $104,496
  • Gross Receipts: $2,934,772

Assets and Liabilities:

  • Total Assets: $2,899,084
  • Total Liabilities: $642,093
  • Net Assets: $2,256,991

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SPONSORSHIPS

Revenue

$58,050

MEETINGS AND FUNCTIONS

Revenue

$46,446

Organization Details

Founding Year

1989

Phone

(321) 638-2000

Principal Officer

Lynda Weatherman

Main Address

6525 3RD STREET 304, ROCKLEDGE, FL, 32955

Website

www.spacecoastedc.org

NTEE Category

Code: S30 - Community improvement

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