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Watson Economic Development Associates Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812701014 ✦ Ellicott city, MD ✦ Designated as a 501(c)(3)

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Overview

What is Watson Economic Development Associates Inc?

Watson Economic Development Associates Inc, based in Elicott City, Maryland, operates with a mission to enhance living standards, foster job creation and resource provision, and stimulate local economic growth by retaining, attracting, and expanding small business opportunities in the neighborhood. This nonprofit organization is dedicated to uplifting the community by improving living standards, providing essential resources, and supporting the growth of local businesses, ultimately boosting the local economy.


Official website here: www.wedaus.com

Is Watson Economic Development Associates Inc legitimate?

Watson Economic Development Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watson Economic Development Associates 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wedaus.com

What is the mission statement of Watson Economic Development Associates Inc?

Watson Economic Development Associates Inc's mission is centered around improving the living standards of the community. They aim to achieve this by providing job opportunities and resources, retaining existing businesses, attracting new ones, and stimulating local economic growth through neighborhood development. Their activities are geared towards enhancing the local economy by fostering small business opportunities, thereby creating a prosperous community.


Official website here: www.wedaus.com

Who is the CEO of Watson Economic Development Associates Inc?

Steven Watson is the Ceo of Watson Economic Development Associates Inc. The CEO's salary of Watson Economic Development Associates Inc is $0 and their total compensation is $0.


Official website here: www.wedaus.com

What is the revenue of Watson Economic Development Associates Inc?

Watson Economic Development Associates Inc's revenue in 2022 was $128,660.


Official website here: www.wedaus.com

Who are the executives of Watson Economic Development Associates Inc and what are their salaries?


Here are 4 key members and their salaries (Watson Economic Development Associates Inc's CEO's salary is $0 and their total compensation is $0):


Connor Ahlborn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Watson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latonya Watson (Account/Finance Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Watson (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wedaus.com

Where can I find the form 990 for Watson Economic Development Associates Inc?

Watson Economic Development Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wedaus.com

Learn more at the official website: www.wedaus.com

Mission Statement of Watson Economic Development Associates Inc

Watson Economic Development Associates Inc is dedicated to improving living standards and stimulating local economic growth. Their mission encompasses providing jobs and resources, retaining and attracting small business opportunities, and expanding existing businesses within a community. This nonprofit organization aims to enhance the local economy by stimulating neighborhood development, contributing to a better quality of life for the community.

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Impact




October, 2024

Watson Economic Development Associates Inc plays a crucial role in enhancing the standard of living in Ellicott City, MD, by focusing on job creation and resource provision. Their efforts are directed toward retaining, attracting, and expanding small business opportunities, which are vital for stimulating the local economy. By fostering neighborhood development, they contribute to a more vibrant and sustainable community, ultimately improving the quality of life for residents and creating a more robust economic landscape. Their initiatives not only encourage local entrepreneurship but also create a supportive environment for existing businesses, leading to a thriving community that benefits everyone.




This information is meant to be a general summary of Watson Economic Development Associates 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.

Revenue
$128,660 (2022)
Expenses
$128,660 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $128,660

Assets and Liabilities:

  • Total Assets: $726,903
  • Total Liabilities: $545,065
  • Net Assets: $181,838

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Organization Details

Founding Year

2016

Principal Officer

Steven Watson

Main Address

2415 SAND HILL ROAD, ELLICOTT CITY, MD, 21042

NTEE Category

Code: S31 - Community improvement

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