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Beaufort Digital Corridor

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

EIN: 814210441 ✦ Beaufort, SC ✦ Designated as a 501(c)(6)

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Overview

What is Beaufort Digital Corridor?

Beaufort Digital Corridor (BDC) is a business development initiative spearheaded by the City of Beaufort, located in South Carolina. With a focus on tech and tech-related companies, BDC operates from Basecamp, a professional business incubator and co-working space situated at 500 Carteret Street in downtown Beaufort. The BDC serves as a hub for advancing Beaufort's tech economy, offering resources and connections to the private and public sectors, including infrastructure, real estate, professional resources, capital, and education. The BDC team aims to support tech and tech-related businesses by providing tangible resources, acting as a bridge between businesses and necessary services. With a small workforce of three individuals, the BDC is dedicated to fostering growth and innovation within its local tech community.


Official website here: www.beaufortdigital.com

What do the Facebook reviews say about Beaufort Digital Corridor?

With three reviews currently available on Facebook, the sentiment towards Beaufort Digital Corridor is quite positive. One reviewer highlights the friendly and knowledgeable staff, indicating a welcoming environment that supports growth and collaboration.

The mention of a mentorship program suggests that the nonprofit is committed to providing valuable resources and opportunities for individuals looking to advance in the tech industry. The sense of community among tech enthusiasts is also seen as a key aspect, aligning well with users' future aspirations.

Overall, the feedback underscores a promising atmosphere for networking and professional development, showcasing how Beaufort Digital Corridor effectively fosters a supportive community for tech talent.


This AI summary has been generated from reviews found on Facebook.

Is Beaufort Digital Corridor legitimate?

Beaufort Digital Corridor is a legitimate nonprofit organization registered as a 501(c)(6) entity. Beaufort Digital Corridor 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: $109,303
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.beaufortdigital.com

What is the mission statement of Beaufort Digital Corridor?

The Beaufort Digital Corridor, a business development initiative, aims to attract, nurture, and promote technology and tech-related companies. The corridor team, comprising relevant participants from both the private and public sectors, serves as a bridge to government, infrastructure, real estate, professional resources, capital, and education. Their primary goal is to provide tangible resources to tech and tech-related businesses, aiming to support their growth and success.


Official website here: www.beaufortdigital.com

Who is the CEO of Beaufort Digital Corridor?

Melissa Venable is the Board Chairman of Beaufort Digital Corridor.


Official website here: www.beaufortdigital.com

What is the revenue of Beaufort Digital Corridor?

Beaufort Digital Corridor's revenue in 2022 was $298,893.


Official website here: www.beaufortdigital.com

Who are the executives of Beaufort Digital Corridor and what are their salaries?

The average compensation at Beaufort Digital Corridor during 2022 was $36,434. There are 3 employees and 6 volunteers at Beaufort Digital Corridor.


Here are 7 key members and their salaries:


Melissa Venable (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt D'Angelo (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Floyd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Murray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Conte (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Fleming (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica O'Brien (Exec Director)
  • Compensation: $41,250
  • Related: $0
  • Other: $0


Official website here: www.beaufortdigital.com

Where can I find the form 990 for Beaufort Digital Corridor?

Beaufort Digital Corridor's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.beaufortdigital.com

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

Mission Statement of Beaufort Digital Corridor

Beaufort Digital Corridor, a business development initiative led by the city of Beaufort, is committed to attracting, nurturing, and promoting technology and tech-related companies. This mission is carried out by a team composed of relevant participants from the private and public sectors, who serve as a bridge to government, infrastructure, real estate, professional resources, capital, and education. The team's primary goal is to provide tangible resources to tech and tech-related businesses, aiming to support their growth and success. Beaufort Digital Corridor positions itself as a one-stop portal for businesses in need, offering them the necessary tools and connections to thrive in the competitive tech industry.

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Impact




October, 2024

Beaufort Digital Corridor significantly impacts the local economy by attracting, nurturing, and promoting technology and tech-related companies in Beaufort, South Carolina. By serving as a crucial nexus between businesses and the resources they need, the Corridor provides essential support in areas such as government navigation, infrastructure, real estate, professional services, capital access, and educational opportunities.

Operating from Basecamp, the professional business incubator and co-working space, the Corridor fosters innovation and collaboration among tech firms. This dedicated hub not only supports startups and established companies but also enhances the overall business climate, contributing to job creation and economic diversification in the region.

Furthermore, the Corridor's collaborative approach, involving both private and public sector participants, fosters a vibrant entrepreneurial ecosystem in Beaufort. By leveraging local expertise and resources, it helps cultivate a strong network of professionals, ultimately driving growth and ensuring the long-term sustainability of the tech economy in the area. In essence, the Beaufort Digital Corridor is pivotal in shaping a thriving tech scene that boosts community improvement and economic resilience.




This information is meant to be a general summary of Beaufort Digital Corridor. 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
$298,893 (2022)
Expenses
$300,085 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $53,185
  • Gross Receipts: $313,023

Assets and Liabilities:

  • Total Assets: $91,533
  • Total Liabilities: $1,700
  • Net Assets: $89,833

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BASECAMP

Revenue

$52,125

CODECAMP BEAUFORT

Revenue

$635

TECHSTARS

Revenue

$275

FRIDAYS AT THE COORIDO

Revenue

$150

Organization Details

Founding Year

2016

Principal Officer

Melissa Venable

Main Address

500 CARTERET ST SUITE D, BEAUFORT, SC, 29902

NTEE Category

Code: S41 - Community improvement

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