Overview
What is Jackson County Economic Development Foundation Inc?
Jackson County Economic Development Foundation Inc is a nonprofit organization based in Pascagoula, Mississippi. With a small team of three individuals, their primary focus is to enhance the economic growth and development opportunities within Jackson County. They achieve this by unifying planning, economic, and industrial development efforts, as well as marketing activities within the county. Their initiatives include implementing a retention and expansion program, identifying optimal sites for new industries, establishing a dedicated business recruitment team, and collaborating with other nonprofit organizations to improve the county as a whole. To promote their efforts, they have also utilized advertising grants.
Official website here: www.jcedf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star Rating
The Jackson County Economic Development Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is solely based on the accountability and finance metrics, where it scored an impressive 96%. This high rating indicates that the organization adheres to rigorous standards in financial management and transparency.
One of the standout features of the organization is its governance structure, with a fully independent board comprising 16 members, which is crucial for maintaining objectivity and integrity in its operations. Additionally, the organization has implemented several essential policies, including conflict of interest, whistleblower protections, and document retention, all of which are vital for building trust with stakeholders. The foundation also boasts a low liabilities to assets ratio of 17.54%, indicating fiscal stability.
However, while the financial aspects are highly rated, there is limited information available regarding the foundation's programmatic effectiveness and impact. The focus primarily on financial accountability may overshadow other critical areas of performance evaluation. Overall, the Jackson County Economic Development Foundation Inc demonstrates strong financial practices, but further insights into its program outcomes would provide a more comprehensive understanding of its effectiveness in advancing economic development.
This AI summary has been generated from information found on Charity Navigator.
Is Jackson County Economic Development Foundation Inc legitimate?
Jackson County Economic Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jackson County Economic Development Foundation 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: $363,612
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,212
For more financial information, click here
Official website here: www.jcedf.org
What is the mission statement of Jackson County Economic Development Foundation Inc?
The Jackson County Economic Development Foundation Inc's mission is centered around enhancing economic development opportunities within Jackson County, Mississippi. By unifying planning, economic and industrial development, and marketing activities, the foundation aims to foster a conducive business environment in the county. Their mission is demonstrated through initiatives such as a retention and expansion program, identification of optimal sites for new industries, establishment of a business recruitment team, and collaboration with other non-profit organizations for county improvements. Additionally, the foundation has utilized advertising grants to promote the county, furthering its economic growth.
Official website here: www.jcedf.org
Who is the CEO of Jackson County Economic Development Foundation Inc?
George L Freeland Jr is the Ceo of Jackson County Economic Development Foundation Inc. The CEO's salary of Jackson County Economic Development Foundation Inc is $363,612 and their total compensation is $397,897.
Official website here: www.jcedf.org
What is the revenue of Jackson County Economic Development Foundation Inc?
Jackson County Economic Development Foundation Inc's revenue in 2022 was $2,227,109.
Official website here: www.jcedf.org
Who are the executives of Jackson County Economic Development Foundation Inc and what are their salaries?
The average compensation at Jackson County Economic Development Foundation Inc during 2022 was $216,608. There are 3 employees at Jackson County Economic Development Foundation Inc.
Here are 18 key members and their salaries (Jackson County Economic Development Foundation Inc's CEO's salary is $363,612 and their total compensation is $397,897):
- Compensation: $363,612
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- Other: $34,285
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Official website here: www.jcedf.org
Where can I find the form 990 for Jackson County Economic Development Foundation Inc?
Jackson County Economic Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jcedf.org
Learn more at the official website: www.jcedf.org
Mission Statement of Jackson County Economic Development Foundation Inc
The Jackson County Economic Development Foundation Inc is dedicated to enhancing the economic development prospects of Jackson County, Mississippi. To achieve this, the organization focuses on unifying planning, economic, and industrial development, as well as marketing activities within the county. By doing so, the foundation aims to create a conducive environment for businesses to thrive and expand, ultimately improving the overall economic health of the county.
In pursuit of its mission, the Jackson County Economic Development Foundation Inc has implemented various programs. One of these initiatives is a retention and expansion program, designed to support existing businesses in the county and encourage them to grow. Additionally, the foundation has identified optimal sites for new industries, aiming to attract new businesses and stimulate economic growth. Furthermore, the organization has established a "Red Carpet" business recruitment team, which works tirelessly to attract potential investors and businesses to the county.
Moreover, the Jackson County Economic Development Foundation Inc has collaborated with other non-profit organizations, contributing to county improvements. Additionally, the foundation has been successful in securing and utilizing advertising grants to promote the county, thereby increasing its visibility and attractiveness to potential investors and businesses. By implementing these strategies, the Jackson County Economic Development Foundation Inc is making significant strides in improving the economic development opportunities available in the county.
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Impact
July, 2024
Jackson County Economic Development Foundation Inc has significantly impacted the economic development opportunities of Jackson County, Mississippi. By unifying planning, economic and industrial development, and marketing activities in the county, the foundation has implemented a retention & expansion program, identified optimal sites for new industry, established a "red carpet" business recruitment team, and collaborated with other nonprofit organizations on county improvements. Additionally, the foundation has received and expended advertising grants to promote the county's assets. Overall, Jackson County Economic Development Foundation Inc plays a pivotal role in driving economic growth and fostering community improvement in Pascagoula, Mississippi.
This information is meant to be a general summary of Jackson County Economic Development Foundation 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 2022.
- Investment Income: $44,220
- Gross Receipts: $2,227,109
Assets and Liabilities:
- Total Assets: $3,825,071
- Total Liabilities: $671,073
- Net Assets: $3,153,998
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Organization Details
Founding Year
1993
Phone
(228) 769-6263Principal Officer
George L Freeland Jr
Main Address
PO DRAWER 1558, PASCAGOULA, MS, 39568
Website
www.jcedf.orgNTEE Category
Code: S31Z - Community improvement
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