Overview
What is Galveston Economic Development Partnership?
The Galveston Economic Development Partnership is a nonprofit organization situated in Galveston, Texas. With a modest team of five dedicated individuals, their primary mission is to foster and stimulate economic growth on Galveston Island. By leveraging community support, they aim to expand the local economic and tax bases. Their activities primarily focus on promoting and developing economic development initiatives, working towards the betterment of the community as a whole.
Official website here: www.gedp.org
Is Galveston Economic Development Partnership legitimate?
Galveston Economic Development Partnership is a legitimate nonprofit organization registered as a 501(c)(6) entity. Galveston Economic Development Partnership 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: $133,319
For more financial information, click here
Official website here: www.gedp.org
What is the mission statement of Galveston Economic Development Partnership?
The Galveston Economic Development Partnership's mission is centered around promoting and fostering economic development activities. Utilizing community support, their primary objective is to expand the economic and tax bases, thereby driving growth and development. By engaging in these activities, they aim to contribute positively to the overall economic well-being of the community they serve.
Official website here: www.gedp.org
Who is the CEO of Galveston Economic Development Partnership?
Keith Bassett is the Chairman of Galveston Economic Development Partnership.
Official website here: www.gedp.org
What is the revenue of Galveston Economic Development Partnership?
Galveston Economic Development Partnership's revenue in 2022 was $261,566.
Official website here: www.gedp.org
Who are the executives of Galveston Economic Development Partnership and what are their salaries?
The average compensation at Galveston Economic Development Partnership during 2022 was $26,664. There are 5 employees at Galveston Economic Development Partnership.
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Official website here: www.gedp.org
Where can I find the form 990 for Galveston Economic Development Partnership?
Galveston Economic Development Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gedp.org
Learn more at the official website: www.gedp.org
Mission Statement of Galveston Economic Development Partnership
The Galveston Economic Development Partnership, a community-backed organization, is committed to fostering and advancing economic growth activities. Its primary mission is to expand Galveston Island's economic and tax bases, working towards a broader and more prosperous community. This nonprofit leverages its wide-ranging community support to drive economic development initiatives, aiming to enhance the local economy and create a more financially secure community.
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Impact
October, 2024
The Galveston Economic Development Partnership plays a crucial role in promoting and developing economic activities on Galveston Island. By harnessing broad-based community support, it works to expand the island's economic and tax bases, contributing to the overall vitality and sustainability of the local economy. Its initiatives foster community improvement, attract new businesses, and support existing ones, thereby generating jobs and increasing revenue for the area. This collaboration not only enhances the quality of life for residents but also positions Galveston as a competitive destination for tourism and investment, ultimately leading to a more robust economic environment.
This information is meant to be a general summary of Galveston Economic Development Partnership. 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: $116
- Program Service Revenue: $249,450
- Gross Receipts: $261,566
Assets and Liabilities:
- Total Assets: $60,988
- Total Liabilities: $3,010
- Net Assets: $57,978
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$163,000
ECONOMIC DEVELOPMENT S
Revenue
$86,450
Organization Details
Founding Year
1998
Phone
(409) 770-0216Principal Officer
Keith Bassett
Main Address
P O BOX 8029, GALVESTON, TX, 775538029
Website
www.gedp.orgNTEE Category
Code: S41 - Community improvement
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