Overview
What is Wiregrass Economic Development Corporation?
The Wiregrass Economic Development Corporation is a nonprofit organization situated in Southeast Alabama, specifically serving the city of Enterprise, Coffee County, and Geneva County. Its primary mission is to foster commercial and industrial growth and prosperity within this region. To accomplish this, the corporation undertakes various initiatives. Firstly, it supports and retains existing businesses and industries, ensuring their continuity and success. Secondly, the organization strives to maintain a high per capita income and create jobs that offer wages above the average rate for the area. Thirdly, it actively recruits new manufacturing and service sector jobs, broadening the local job market. Lastly, the corporation works to increase retail sales within its trade area annually, contributing to the overall economic development of Southeast Alabama. In summary, Wiregrass Economic Development Corporation plays a crucial role in promoting and sustaining economic growth in its designated region.
Official website here: www.economic-dev.com
Is Wiregrass Economic Development Corporation legitimate?
Wiregrass Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wiregrass Economic Development Corporation 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,724
For more financial information, click here
Official website here: www.economic-dev.com
What is the mission statement of Wiregrass Economic Development Corporation?
The Wiregrass Economic Development Corporation's mission is centered around promoting commercial and industrial growth and prosperity. The organization aims to establish and maintain a support and retention program for existing businesses and industries, while simultaneously working towards maintaining a high per capita income and creating jobs that offer above-average wage rates. Additionally, they focus on recruiting new manufacturing and service sector jobs, as well as increasing retail sales annually. The corporation is committed to pursuing all necessary areas to promote economic development.
Official website here: www.economic-dev.com
Who is the CEO of Wiregrass Economic Development Corporation?
Philip Wilkes is the Chairman of Wiregrass Economic Development Corporation.
Official website here: www.economic-dev.com
What is the revenue of Wiregrass Economic Development Corporation?
Wiregrass Economic Development Corporation's revenue in 2022 was $445,491.
Official website here: www.economic-dev.com
Who are the executives of Wiregrass Economic Development Corporation and what are their salaries?
The average compensation at Wiregrass Economic Development Corporation during 2022 was $66,362. There are 2 employees and 24 volunteers at Wiregrass Economic Development Corporation.
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Official website here: www.economic-dev.com
Where can I find the form 990 for Wiregrass Economic Development Corporation?
Wiregrass Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.economic-dev.com
Learn more at the official website: www.economic-dev.com
Mission Statement of Wiregrass Economic Development Corporation
Wiregrass Economic Development Corporation is an organization dedicated to fostering commercial and industrial growth and prosperity in the areas of Enterprise, Coffee County, and Geneva County, Alabama. Their mission is multifaceted, encompassing various initiatives to promote economic development in Southeast Alabama. They work tirelessly to establish and maintain a support and retention program for existing businesses and industries, ensuring their continued success and growth.
Moreover, Wiregrass Economic Development Corporation aims to maintain a high per capita income in the region and create jobs that pay above-average wage rates for Southeast Alabama. This objective is crucial for improving the overall economic well-being of the community and providing its residents with better opportunities. Additionally, the corporation actively recruits new manufacturing and service sector jobs for their market area, thereby contributing to the diversification and expansion of the local economy.
Furthermore, Wiregrass Economic Development Corporation strives to increase retail sales within their trade area on an annual basis. This initiative not only boosts the revenue of local businesses but also enhances the overall shopping experience for residents, making the area more attractive to potential investors and residents alike. Overall, Wiregrass Economic Development Corporation's mission is to stimulate economic growth and development in their designated regions, thereby improving the quality of life for its residents.
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Impact
October, 2024
Wiregrass Economic Development Corporation significantly impacts the commercial and industrial landscape of Enterprise, Coffee County, and Geneva County, Alabama. By focusing on promoting sustainable economic growth, the organization establishes and maintains support programs tailored for existing businesses and industries. This ensures that local companies not only thrive but also contribute to the community's prosperity.
One of the key initiatives is to enhance per capita income, with a focus on creating high-quality jobs that offer wages above the regional average. This approach helps raise the standard of living for residents, fostering a more robust economy.
Additionally, the corporation plays a crucial role in attracting new manufacturing and service sector jobs to the area, thereby diversifying the local economy and creating a broader range of employment opportunities. Efforts to increase retail sales in the region also contribute to a vibrant local marketplace, benefiting both consumers and businesses alike.
Overall, Wiregrass Economic Development Corporation drives economic vitality in Southeast Alabama by pursuing proactive strategies that support existing enterprises, attract new investments, and enhance the overall quality of life for its residents.
This information is meant to be a general summary of Wiregrass Economic Development Corporation. 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: $739
- Gross Receipts: $445,491
Assets and Liabilities:
- Total Assets: $1,008,357
- Total Liabilities: $12,381
- Net Assets: $995,976
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Organization Details
Founding Year
1994
Phone
(334) 393-4769Principal Officer
Philip Wilkes
Main Address
PO BOX 310130, ENTERPRISE, AL, 36331
Website
www.economic-dev.comNTEE Category
Code: S30 - Community improvement
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