Sullivan Cty Economic Dev Commisssion

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

EIN: 620945243 ✦ Blountville, TN ✦ Designated as a 501(c)(6)

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Overview

What is Sullivan Cty Economic Dev Commisssion?

The Sullivan County Economic Development Commission is a nonprofit organization situated in Blountville, Tennessee. Their primary focus is promoting commercial and industrial development within Sullivan County to address and assist in resolving issues related to the expansion of existing industries and commercial development. With an economic development mission, their strategic plan aims to create value-added jobs, expand and diversify the economic base, and increase local tax revenues for local governments. The commission employs a team of three individuals to fulfill its objectives.


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Is Sullivan Cty Economic Dev Commisssion legitimate?

Sullivan Cty Economic Dev Commisssion is a legitimate nonprofit organization registered as a 501(c)(6) entity. Sullivan Cty Economic Dev Commisssion 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: $178,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,022

For more financial information, click here


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What is the mission statement of Sullivan Cty Economic Dev Commisssion?

The Sullivan County Economic Development Commission's mission is centered around fostering economic growth. Their primary objective is to develop and implement a comprehensive strategic plan. This plan aims to create value-added jobs, broaden and diversify the economic base, and boost local tax revenues for the governing bodies. To achieve these goals, the commission actively promotes commercial and industrial development within the region. They offer assistance in addressing issues related to expanding existing industries and stimulating commercial development.


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Who is the CEO of Sullivan Cty Economic Dev Commisssion?

Clay Walker is the Ceo of Sullivan Cty Economic Dev Commisssion. The CEO's salary of Sullivan Cty Economic Dev Commisssion is $178,814 and their total compensation is $201,974.


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What is the revenue of Sullivan Cty Economic Dev Commisssion?

Sullivan Cty Economic Dev Commisssion's revenue in 2022 was $819,146.


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Who are the executives of Sullivan Cty Economic Dev Commisssion and what are their salaries?

The average compensation at Sullivan Cty Economic Dev Commisssion during 2022 was $106,612. There are 3 employees at Sullivan Cty Economic Dev Commisssion.


Here are 15 key members and their salaries (Sullivan Cty Economic Dev Commisssion's CEO's salary is $178,814 and their total compensation is $201,974):


David Wagner (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ceegee Mccord (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Pat Shull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Downs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Mahlon Luttrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Breeding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lea Powers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Sumner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Richard Venable (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Irene Wells (Director (07/1/21-12/14-21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Vance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Richard Bowling (Director (12/14/21-06/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Walker (Ceo)
  • Compensation: $178,814
  • Related: $0
  • Other: $23,160


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Where can I find the form 990 for Sullivan Cty Economic Dev Commisssion?

Sullivan Cty Economic Dev Commisssion's most recent form 990 was submitted in 2022 and can be accessed here.


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Mission Statement of Sullivan Cty Economic Dev Commisssion

The Sullivan County Economic Development Commission, as a nonprofit organization, is dedicated to developing and implementing a comprehensive strategic plan. This plan aims to achieve three primary goals: creating value-added jobs, expanding and diversifying the economic base, and generating increased local tax revenues for the local governments. In essence, the commission works towards promoting commercial and industrial development within Sullivan County, Tennessee. It provides assistance and aid in addressing issues pertaining to the expansion of existing industries and commercial development. By accomplishing these objectives, the Sullivan County Economic Development Commission contributes to the overall economic growth and prosperity of the community.

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Impact




October, 2024

The Sullivan County Economic Development Commission plays a crucial role in enhancing the economic landscape of Sullivan County, TN. By promoting commercial and industrial development, the Commission addresses key challenges faced by existing industries and supports the expansion of businesses. Their strategic mission focuses on creating value-added jobs, diversifying the economic base, and increasing local tax revenues, which collectively contribute to the growth and sustainability of the community.

Through the development and implementation of a comprehensive economic development strategic plan, the Commission fosters an environment conducive to investment and growth. This not only benefits local businesses but also enhances community well-being by improving job opportunities and increasing the overall quality of life for residents. The Commission's efforts directly impact the local economy, making Sullivan County a more attractive place for both new and existing businesses.




This information is meant to be a general summary of Sullivan Cty Economic Dev Commisssion. 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
$819,146 (2022)
Expenses
$949,053 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $50,000
  • Gross Receipts: $819,146

Assets and Liabilities:

  • Total Assets: $11,018,753
  • Total Liabilities: $7,634,968
  • Net Assets: $3,383,785

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Programs

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

MARKETING SERVICES

Revenue

$50,000

Organization Details

Founding Year

1994

Principal Officer

Clay Walker

Main Address

PO BOX 747, BLOUNTVILLE, TN, 37617

NTEE Category

Code: S30 - Community improvement

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