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Economic Development Council Of Parker County

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

EIN: 820728391 ✦ Weatherford, TX ✦ Designated as a 501(c)(6)

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Overview

What is Economic Development Council Of Parker County?

The Economic Development Council of Parker County, situated in Weatherford, Texas at 400 W INTERSTATE 20 STE 101, is a nonprofit organization dedicated to fostering, enhancing, preserving, and advocating for economic growth and commercial prosperity within Parker County. Established with a clear mission, the council aims to promote and sustain a thriving economic landscape in the region. With a modest workforce of one individual, the council works tirelessly to achieve its objectives.


Official website here: www.parkercountyedc.com

Is Economic Development Council Of Parker County legitimate?

Economic Development Council Of Parker County is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Council Of Parker County 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: $56,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,227

For more financial information, click here


Official website here: www.parkercountyedc.com

What is the mission statement of Economic Development Council Of Parker County?

The Economic Development Council of Parker County has been established with the mission to proactively foster, enhance, preserve, and promote economic development and commerce. This organization works towards enhancing the economic growth of the area, with a focus on maintaining and promoting commercial activities. By pursuing these goals, the council aims to contribute positively to the local economy. The council's activities encompass various initiatives aimed at stimulating economic growth and development.


Official website here: www.parkercountyedc.com

Who is the CEO of Economic Development Council Of Parker County?

Stacy Lynch is the Executive Di of Economic Development Council Of Parker County.


Official website here: www.parkercountyedc.com

What is the revenue of Economic Development Council Of Parker County?

Economic Development Council Of Parker County's revenue in 2022 was $245,927.


Official website here: www.parkercountyedc.com

Who are the executives of Economic Development Council Of Parker County and what are their salaries?

The average compensation at Economic Development Council Of Parker County during 2022 was $127,893. There is 1 employee at Economic Development Council Of Parker County.


Here are 13 key members and their salaries:


Patrick Lawler (Executive Di)
  • Compensation: $56,666
  • Related: $0
  • Other: $0
Brad Burnett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Susan Bohn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Clark (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Deen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Feriend (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hinton (At-Large Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Lynch (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Mills (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sterling Naron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Beau Rees (At-Large Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Watson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parkercountyedc.com

Where can I find the form 990 for Economic Development Council Of Parker County?

Economic Development Council Of Parker County's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.parkercountyedc.com

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

Mission Statement of Economic Development Council Of Parker County

The Economic Development Council of Parker County, a nonprofit organization, has been established with the primary objective of promoting, enhancing, maintaining, and advancing economic development and commerce in the region. Its mission is multifaceted, aiming to attract new businesses, support existing ones, and foster a thriving economic landscape. By pursuing these goals, the council seeks to drive growth and prosperity within Parker County, ultimately benefiting its local community.

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Impact




October, 2024

The Economic Development Council of Parker County plays a vital role in fostering economic growth and enhancing commerce in the region. By actively pursuing initiatives that stimulate local business development, the council helps create a more vibrant and sustainable economy in Parker County.

Through its efforts, the council works to attract new businesses and support existing ones, which leads to job creation and increased investment within the community. By maintaining and promoting a favorable business environment, the council not only boosts local commerce but also improves the overall quality of life for residents.

Furthermore, the council focuses on community improvement by advocating for infrastructure development and resources that support both businesses and residents. This comprehensive approach ensures that Parker County remains competitive in attracting talent and investment, ultimately contributing to a stronger economic foundation for the region.




This information is meant to be a general summary of Economic Development Council Of Parker County. 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
$245,927 (2022)
Expenses
$219,049 (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: $243,250
  • Gross Receipts: $245,927

Assets and Liabilities:

  • Total Assets: $220,416
  • Total Liabilities: $0
  • Net Assets: $220,416

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Programs

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

MEMBERSHIP FEES

Revenue

$243,250

Organization Details

Founding Year

2017

Principal Officer

Stacy Lynch

Main Address

400 W INTERSTATE 20 STE 101, WEATHERFORD, TX, 76086

NTEE Category

Code: S30 - Community improvement

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