Overview
What is Gadsden County Development Council Inc?
Gadsden County Development Council Inc is a nonprofit organization situated in Quincy, Florida, specifically at 221 North Madison Street. Their primary mission is to stimulate and oversee economic growth in Gadsden County by attracting and fostering commercial enterprises that provide high-quality employment opportunities. This involves encouraging the expansion and retention of existing businesses in the area. Their activities are geared towards managing and enhancing the local economy through strategic promotion and recruitment efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Gadsden County Development Council Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization achieved an overall score of 80%, primarily driven by its strong adherence to accountability standards. Notably, the council has a fully independent board and has no material diversion of assets, which contribute positively to its financial integrity.
Strengths of the organization include a perfect score for independent board members and a favorable liabilities to assets ratio of 0.00%. Additionally, the organization has a high program expense ratio of 99%, demonstrating a strong commitment to directing resources toward its mission-related activities. These factors reflect a transparent operational structure and effective governance.
However, the council has some limitations, particularly in its policy framework. It lacks essential policies such as a whistleblower policy and a document retention and destruction policy, which could impact its accountability practices. Addressing these gaps would further enhance its standing and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Gadsden County Development Council Inc legitimate?
Gadsden County Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gadsden County Development Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Gadsden County Development Council Inc?
The Gadsden County Development Council Inc's mission is centered around managing economic development activities. They strive to promote and recruit commercial enterprises that offer quality jobs, thereby encouraging the expansion and retention of existing businesses. This proactive approach aims to boost the local economy and provide employment opportunities in the area.
Who is the CEO of Gadsden County Development Council Inc?
Stella Murray is the Past Chairma of Gadsden County Development Council Inc.
What is the revenue of Gadsden County Development Council Inc?
Gadsden County Development Council Inc's revenue in 2023 was $41,050.
Who are the executives of Gadsden County Development Council Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Gadsden County Development Council Inc?
Gadsden County Development Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Gadsden County Development Council Inc
Gadsden County Development Council Inc is dedicated to managing the economic development activities within its jurisdiction. This mission is accomplished by actively promoting and recruiting commercial enterprises that offer high-quality job opportunities. The council's primary goal is to encourage the expansion and retention of existing businesses, thereby contributing to the overall growth and prosperity of the community. By attracting and supporting successful businesses, Gadsden County Development Council Inc aims to improve the local economy and provide its residents with ample employment opportunities.
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Impact
August, 2024
Gadsden County Development Council Inc's impact can be seen in the promotion and recruitment of commercial enterprises that offer quality jobs in Gadsden County. By encouraging the expansion and retention of existing businesses, the organization plays a vital role in stimulating economic growth and creating opportunities for the local community. This focus on economic development is crucial for the overall well-being and prosperity of Gadsden County, fostering a more vibrant and sustainable economy.
This information is meant to be a general summary of Gadsden County Development Council 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 2023.
- Gross Receipts: $41,050
Assets and Liabilities:
- Total Assets: $2,340
- Total Liabilities: $0
- Net Assets: $2,340
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Organization Details
Founding Year
2014
Phone
(850) 524-0030Principal Officer
Stella Murray
Main Address
221 NORTH MADISON STREET, QUINCY, FL, 32351
NTEE Category
Code: S30 - Community improvement
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