Overview
What is Business Development Board Of Martin Inc?
The Business Development Board of Martin Inc, located in Stuart, Florida, is a dedicated nonprofit organization with a mission to boost and fortify Martin County's economy. Their primary role involves attracting, fostering, and maintaining businesses and industries, making five significant economic announcements in FY 2022 with a total job impact of 294 and a commercial-industrial space impact of 981,500 square feet, accompanied by a substantial direct business capital investment of $125.7 million. Recognizing the crucial importance of talent in a company's site selection decision, their Talent Advancement Team collaborates with economic and community partners to augment the local talent pool, align the talent pipeline, and enhance labor market conditions. The organization currently employs a workforce of 4 individuals.
Official website here: www.bdbmc.org
What do the Facebook reviews say about Business Development Board Of Martin Inc?
98% of 8 reviewers on Facebook recommend the Business Development Board of Martin Inc. Here is a summary of their reviews:
One reviewer, Candace Lopes, praised the BAP program for its informative and educational content, expressing gratitude for the insights gained during its 12-week duration. Even as a business owner for six years, she found valuable lessons that enhanced her understanding of crucial aspects she had previously overlooked. The support from the educators and the organization itself was noted as a significant factor in her positive experience.
Overall, the sentiment surrounding the Business Development Board of Martin Inc. is highly favorable, with participants feeling appreciative of the resources and knowledge provided through their programs. Many seem to believe that the initiative effectively meets the needs of local business owners, making a meaningful impact on their growth and development.
This AI summary has been generated from reviews found on Facebook.
Is Business Development Board Of Martin Inc legitimate?
Business Development Board Of Martin Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Business Development Board Of Martin 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: $107,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,109
For more financial information, click here
Official website here: www.bdbmc.org
What is the mission statement of Business Development Board Of Martin Inc?
The Business Development Board of Martin Inc, in its mission, aims to bolster the economy of its respective area. This is achieved through actively promoting and strengthening businesses and industries within the region. In the fiscal year 2022, the organization made five economic announcements, contributing to the creation of 294 jobs, securing 981,500 square feet of commercial-industrial space, and attracting a total direct business capital investment of $125.7 million. Recognizing talent as a crucial factor in business location decisions, the organization's Talent Advancement Team collaborates with economic and community partners to enhance the local talent pool, align the talent pipeline, and improve labor market conditions.
Official website here: www.bdbmc.org
Who is the CEO of Business Development Board Of Martin Inc?
Joan K Goodrich is the President of Business Development Board Of Martin Inc.
Official website here: www.bdbmc.org
What is the revenue of Business Development Board Of Martin Inc?
Business Development Board Of Martin Inc's revenue in 2022 was $569,166.
Official website here: www.bdbmc.org
Who are the executives of Business Development Board Of Martin Inc and what are their salaries?
The average compensation at Business Development Board Of Martin Inc during 2022 was $59,785. There are 4 employees and 130 volunteers at Business Development Board Of Martin Inc.
Here are 16 key members and their salaries:
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- Compensation: $107,030
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- Other: $15,085
Official website here: www.bdbmc.org
Where can I find the form 990 for Business Development Board Of Martin Inc?
Business Development Board Of Martin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bdbmc.org
Learn more at the official website: www.bdbmc.org
Mission Statement of Business Development Board Of Martin Inc
The Business Development Board Of Martin Inc, in essence, is committed to boosting and fortifying the economic landscape of its unspecified domain. Central to their operations is the promotion and facilitation of new business ventures, the expansion of existing businesses, and the retention of established industries. In the fiscal year 2022 alone, the organization was instrumental in making five economic announcements, resulting in the creation of 294 jobs, securing 981,500 square feet of commercial-industrial space, and attracting a significant direct business capital investment of $125.7 million.
Recognizing the pivotal role of talent in business decisions, the Business Development Board Of Martin Inc's Talent Advancement Team collaborates with economic and community partners to enhance the local talent pool, align the talent pipeline, and improve labor market conditions. This strategic approach aims to not only attract but also retain businesses that prioritize a skilled workforce. By working towards these objectives, the Business Development Board Of Martin Inc plays a vital role in fostering a prosperous and dynamic economic environment.
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Impact
October, 2024
The Business Development Board of Martin Inc. plays a crucial role in enhancing the economic vitality of Martin County. By focusing on the initiation, growth, retention, and attraction of businesses and industries, the Board significantly contributes to the local economic landscape. In fiscal year 2022, their efforts resulted in five notable economic announcements, creating 294 jobs and adding 981,500 square feet of commercial-industrial space. Through a remarkable total direct business capital investment of $125.7 million, the Board demonstrates its commitment to fostering a robust economic environment.
One of the key areas of focus is talent development, recognizing that a skilled workforce is essential for businesses when choosing locations. The BDB's Talent Advancement Team collaborates with various economic and community partners to enhance the talent pool, ensuring alignment with industry needs and improving overall labor market conditions. This strategic approach not only attracts new businesses but also supports existing ones, contributing to the continuous improvement and strengthening of Martin County's economy.
This information is meant to be a general summary of Business Development Board Of Martin 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: $42
- Program Service Revenue: $513,750
- Gross Receipts: $582,366
Assets and Liabilities:
- Total Assets: $537,209
- Total Liabilities: $27,335
- Net Assets: $509,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT INCOME
Revenue
$450,000
INVESTOR INCOME
Revenue
$63,750
Organization Details
Founding Year
1991
Phone
(772) 221-1380Principal Officer
Joan K Goodrich
Main Address
1002 SE MONTEREY COMMONS 207, STUART, FL, 34996
Website
www.bdbmc.orgNTEE Category
Code: S31 - Community improvement
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