Overview
What is Victoria Economic Development Corp?
Victoria Economic Development Corp is a nonprofit organization situated in Victoria, Texas, with a focus on promoting economic growth and expansion within the region. Their mission is to attract new businesses and retain existing ones, thereby contributing to the diversification of the local economy. With a team of four dedicated individuals, they work tirelessly to achieve this objective, thereby contributing positively to the economic landscape of Victoria.
Official website here: www.victoriaedc.com
Is Victoria Economic Development Corp legitimate?
Victoria Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Victoria Economic Development Corp 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:
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Other Salaries and Wages: $442,408
For more financial information, click here
Official website here: www.victoriaedc.com
What is the mission statement of Victoria Economic Development Corp?
The Victoria Economic Development Corp's mission is centered around fostering economic growth and diversification. This is achieved by attracting new businesses and ensuring the retention of existing ones within the local economy. In essence, their objective is to drive the region's economic expansion and preserve the presence of established enterprises.
Official website here: www.victoriaedc.com
What is the revenue of Victoria Economic Development Corp?
Victoria Economic Development Corp's revenue in 2023 was $1,035,607.
Official website here: www.victoriaedc.com
Who are the executives of Victoria Economic Development Corp and what are their salaries?
The average compensation at Victoria Economic Development Corp during 2023 was $73,735. There are 6 employees at Victoria Economic Development Corp.
Here are 24 key members and their salaries:
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Official website here: www.victoriaedc.com
Where can I find the form 990 for Victoria Economic Development Corp?
Victoria Economic Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.victoriaedc.com
Learn more at the official website: www.victoriaedc.com
Mission Statement of Victoria Economic Development Corp
Victoria Economic Development Corp, as a nonprofit organization, is committed to fostering economic growth and diversification in the local economy. This mission is achieved by attracting new businesses and supporting the retention of existing ones. By promoting economic expansion and the retention of businesses, Victoria Economic Development Corp aims to contribute positively to the overall economic development of the region.
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Impact
October, 2024
Victoria Economic Development Corp significantly contributes to the local economy by promoting economic growth and diversification. Its efforts focus on attracting new businesses to the region while ensuring the retention of existing ones. By fostering a favorable environment for business development, the organization helps stimulate job creation, enhances community resilience, and supports the overall economic vitality of Victoria, TX. The emphasis on economic expansion not only benefits individual businesses but also strengthens the community, driving improvements across various sectors and enhancing the quality of life for local residents.
This information is meant to be a general summary of Victoria Economic Development Corp. 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.
- Investment Income: $25,557
- Program Service Revenue: $129,600
- Gross Receipts: $1,035,607
Assets and Liabilities:
- Total Assets: $588,338
- Total Liabilities: $0
- Net Assets: $588,338
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$129,600
Organization Details
Principal Officer
Jonas Titas
Website
www.victoriaedc.comNTEE Category
Code: S30 - Community improvement
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