Overview
What is Economic Development Corp Of Utah?
The Economic Development Corp of Utah, located at 201 S Main St STE 425, Salt Lake City, UT 84111, serves as a catalyst for job growth and increased capital investment in the state. In the fiscal year 2021-22, their business development team assisted 37 companies in relocating or expanding their operations in Utah, which is projected to create or retain over 21,724 jobs throughout the lifespan of these projects. The organization's mission is to foster quality job growth and attract capital investment by aiding in-state companies to expand and recruiting out-of-state companies to relocate into Utah. With a team of 17 employees, Economic Development Corp of Utah plays a significant role in promoting economic development within the state.
Official website here: www.edcutah.com
Is Economic Development Corp Of Utah legitimate?
Economic Development Corp Of Utah is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Corp Of Utah 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: $447,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,215,390
For more financial information, click here
Official website here: www.edcutah.com
What is the mission statement of Economic Development Corp Of Utah?
The Economic Development Corporation of Utah (EDCUtah) serves as a catalyst for quality job growth and increased capital investment in the state. Its mission is to assist in-state companies in expanding and recruit out-of-state companies to relocate into Utah, thereby creating or retaining a significant number of jobs. In the fiscal year 2021-22, EDCUtah's business development team aided 37 companies in their relocation or expansion plans, which are projected to generate or retain over 21,724 jobs over the life of their projects. This organization plays a crucial role in fostering economic growth and job creation within Utah.
Official website here: www.edcutah.com
Who is the CEO of Economic Development Corp Of Utah?
Theresa Foxley is the President An of Economic Development Corp Of Utah.
Official website here: www.edcutah.com
What is the revenue of Economic Development Corp Of Utah?
Economic Development Corp Of Utah's revenue in 2022 was $3,120,960.
Official website here: www.edcutah.com
Who are the executives of Economic Development Corp Of Utah and what are their salaries?
The average compensation at Economic Development Corp Of Utah during 2022 was $97,788. There are 17 employees and 140 volunteers at Economic Development Corp Of Utah.
Here are 40 key members and their salaries:
- Compensation: $223,519
- Related: $0
- Other: $12,322
- Compensation: $154,620
- Related: $0
- Other: $16,314
- Compensation: $102,084
- Related: $0
- Other: $18,147
- Compensation: $117,990
- Related: $0
- Other: $8,303
- Compensation: $104,555
- Related: $0
- Other: $8,012
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.edcutah.com
Where can I find the form 990 for Economic Development Corp Of Utah?
Economic Development Corp Of Utah's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edcutah.com
Learn more at the official website: www.edcutah.com
Mission Statement of Economic Development Corp Of Utah
The Economic Development Corp of Utah, abbreviated as EDCUtah, serves as a catalyst for fostering quality job growth and attracting increased capital investment in the state. Its mission is to assist in-state companies in expanding their operations and recruiting out-of-state firms to relocate into Utah. By doing so, EDCUtah aims to create or retain a substantial number of jobs, as demonstrated in their 2021-22 financial year, where they assisted 37 companies in relocating or expanding their businesses, resulting in the creation or retention of over 21,724 jobs throughout the lifespan of their projects.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Economic Development Corporation of Utah (EDC Utah) plays a vital role in fostering economic growth and job creation within the state. By supporting the relocation and expansion of businesses, EDC Utah significantly contributes to the local economy. In fiscal year 2021-22, the organization's business development team aided 37 companies, which are projected to create or retain over 21,724 jobs throughout the lifespan of their projects.
EDC Utah acts as a catalyst for quality job growth and increased capital investment. It not only assists in-state companies to expand but also actively recruits out-of-state businesses to relocate, thereby diversifying and strengthening Utah's economic landscape. This focus on creating quality jobs and enhancing the investment environment has a lasting impact on the community, promoting sustainable economic development across the region.
This information is meant to be a general summary of Economic Development Corp Of Utah. 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: $82
- Program Service Revenue: $33,568
- Gross Receipts: $3,166,083
Assets and Liabilities:
- Total Assets: $3,726,215
- Total Liabilities: $252,532
- Net Assets: $3,473,683
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRADE SHOW INCOME
Revenue
$28,000
MISCELLANEOUS REVENUE
Revenue
$5,568
Organization Details
Founding Year
1987
Phone
(801) 328-8824Principal Officer
Theresa Foxley
Main Address
201 S MAIN ST STE 425, SALT LAKE CITY, UT, 84111
Website
www.edcutah.comNTEE Category
Code: S41 - Community improvement
If you are a representative of Economic Development Corp Of Utah and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.