Overview
What is Burke Development Inc?
Burke Development Inc, based in Morganton, North Carolina, serves as a catalyst for industrial, commercial growth, and tourism in Burke County. With a small team of three dedicated individuals, this nonprofit organization is committed to supporting new and emerging businesses in the area, aiming to foster a thriving economic landscape. While the specific programs and activities undertaken by Burke Development Inc are not elaborated in the provided information, the organization's primary focus on economic development and business assistance can be inferred.
Official website here: www.burkedevinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Burke Development Inc has received a solid rating of 83%, indicating sound accountability and financial management practices. This score reflects the organization’s robust fiscal responsibility, with an impressive program expense ratio of 92.41%, suggesting that a significant portion of its funds is directed towards fulfilling its mission. Additionally, the organization boasts a fully independent board comprised of 16 members, ensuring a strong governance structure.
While the organization excels in many areas, it does have a few limitations in its policies. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, which could raise concerns regarding transparency and accountability in specific situations. Nonetheless, all other accountability metrics, including the presence of conflict of interest policies and documented board meeting minutes, are in place and well-maintained.
Overall, Burke Development Inc demonstrates a commitment to effective governance and financial management. While there are some policy gaps, the strengths in its accountability practices and program efficiency highlight its dedication to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Burke Development Inc legitimate?
Burke Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burke Development 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: $372,383
For more financial information, click here
Official website here: www.burkedevinc.com
What is the mission statement of Burke Development Inc?
Burke Development Inc is committed to fostering industrial and commercial growth, as well as promoting tourism, in its operations. The organization also extends its support to new and emerging businesses in this endeavor. Its mission is twofold: to encourage industrial and commercial expansion and to boost tourism, while simultaneously aiding in the establishment and growth of new businesses. This initiative aims to stimulate economic growth and development within the relevant sector.
Official website here: www.burkedevinc.com
Who is the CEO of Burke Development Inc?
Alan Wood is the Board Member of Burke Development Inc.
Official website here: www.burkedevinc.com
What is the revenue of Burke Development Inc?
Burke Development Inc's revenue in 2023 was $482,010.
Official website here: www.burkedevinc.com
Who are the executives of Burke Development Inc and what are their salaries?
The average compensation at Burke Development Inc during 2023 was $124,128. There are 3 employees at Burke Development Inc.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $150,250
- Related: $0
- Other: $11,733
Official website here: www.burkedevinc.com
Where can I find the form 990 for Burke Development Inc?
Burke Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.burkedevinc.com
Learn more at the official website: www.burkedevinc.com
Mission Statement of Burke Development Inc
Burke Development Inc, as a mission-driven organization, is dedicated to fostering industrial and commercial growth, tourism, and offering assistance to new and start-up businesses within its jurisdiction. By encouraging these sectors, Burke Development Inc aims to stimulate economic development and create opportunities for growth in the community. The nonprofit organization's primary objective is to promote a thriving business environment, thereby contributing to the overall prosperity of the community it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Burke Development Inc plays a vital role in fostering industrial and commercial growth, tourism, and supporting new businesses in Burke County. Through its initiatives and programs, the organization actively works to stimulate economic development, create job opportunities, and enhance the overall business environment in the community. Burke Development Inc's efforts contribute to the prosperity and vibrancy of Burke County, making it an attractive destination for businesses and tourists alike.
This information is meant to be a general summary of Burke Development 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: $482,010
Assets and Liabilities:
- Total Assets: $2,632,649
- Total Liabilities: $30,000
- Net Assets: $2,602,649
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Phone
(828) 764-9370Principal Officer
Alan Wood
Main Address
2128 SOUTH STERLING STREET 150, MORGANTON, NC, 28655
Website
www.burkedevinc.comNTEE Category
Code: S30 - Community improvement
If you are a representative of Burke Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.