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Mayland Community College Enterprise Corporation

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

EIN: 824286903 ✦ Spruce pine, NC ✦ Designated as a 501(c)(3)

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Overview

What is Mayland Community College Enterprise Corporation?

Mayland Community College Enterprise Corporation is a nonprofit organization situated in Spruce Pine, North Carolina, specifically at 200 Mayland Drive. Its primary mission is to contribute to the revitalization of the Mitchell, Avery, and Yancey communities, aiming to attract entrepreneurs, residents, and visitors to the area. This in turn is expected to boost the region's vitality. The organization also provides supplemental support to Mayland Community College. Among its activities, it is involved in the operation of the Blue Ridge Boutique Hotel, Bare Dark Sky Observatory, Rapid Prototype Center at the Anspach School of Advanced Manufacturing, and the completion of the Planetarium. With a team of 11 employees, the corporation is dedicated to enhancing the socio-economic landscape of its community.

Is Mayland Community College Enterprise Corporation legitimate?

Mayland Community College Enterprise Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayland Community College Enterprise Corporation 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: $87,988

For more financial information, click here

What is the mission statement of Mayland Community College Enterprise Corporation?

The Mayland Community College Enterprise Corporation's mission is centered around aiding in the revitalization of Mitchell, Avery, and Yancey communities. Their objective is to establish an environment that attracts entrepreneurs, residents, and visitors, aiming to infuse vitality into the area. Additionally, they provide supplemental support to Mayland Community College, contributing to its overall growth and development. Their activities encompass managing businesses such as the Blue Ridge Boutique Hotel, Bare Dark Sky Observatory, Rapid Prototype Center at the Anspach School of Advanced Manufacturing, and working on the completion of the Planetarium.

Who is the CEO of Mayland Community College Enterprise Corporation?

John C Boyd is the Executive Director of Mayland Community College Enterprise Corporation.

What is the revenue of Mayland Community College Enterprise Corporation?

Mayland Community College Enterprise Corporation's revenue in 2022 was $166,505.

Who are the executives of Mayland Community College Enterprise Corporation and what are their salaries?

The average compensation at Mayland Community College Enterprise Corporation during 2022 was $7,999. There are 11 employees and 3 volunteers at Mayland Community College Enterprise Corporation.


Here are 5 key members and their salaries:


Dr John Boyd (Executive Director)
  • Compensation: $0
  • Related: $204,890
  • Other: $53,675
Nancy Burleson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Peterson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwina Sluder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Buchanan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mayland Community College Enterprise Corporation?

Mayland Community College Enterprise Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mayland Community College Enterprise Corporation

Mayland Community College Enterprise Corporation, in its mission, aims to contribute to the revitalization of Mitchell, Avery, and Yancey communities. The organization strives to establish a conducive environment that attracts entrepreneurs, residents, and visitors, ultimately bolstering the area's vitality. Additionally, Mayland Community College Enterprise Corporation provides supplemental support to Mayland Community College, contributing to its overall growth and development. The corporation's endeavors include managing businesses such as the Blue Ridge Boutique Hotel, the Bare Dark Sky Observatory, and the Rapid Prototype Center at the Anspach School of Advanced Manufacturing. Furthermore, the organization is working towards completing a Planetarium, all in an effort to support and enhance the surrounding communities.

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Impact




October, 2024

Mayland Community College Enterprise Corporation plays a crucial role in the redevelopment of the Mitchell, Avery, and Yancey communities. By fostering an environment that attracts entrepreneurs, residents, and visitors, the corporation helps to revitalize these areas, driving economic growth and community engagement.

Among its key initiatives, the Blue Ridge Boutique Hotel and the Bare Dark Sky Observatory not only serve as attractions but also provide employment opportunities and contribute to local tourism. The Rapid Prototype Center at the Anspach School of Advanced Manufacturing supports workforce development by providing practical training and resources for students and local businesses, ensuring that the community remains competitive in modern manufacturing.

Additionally, the ongoing completion of the planetarium offers educational opportunities that enhance cultural enrichment and draw visitors, further stimulating the local economy. Through these efforts, Mayland Community College Enterprise Corporation is instrumental in creating a vibrant, dynamic environment that supports educational advancement and community development while nurturing local entrepreneurship.




This information is meant to be a general summary of Mayland Community College Enterprise Corporation. 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
$166,505 (2022)
Expenses
$190,572 (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: $153,981
  • Gross Receipts: $172,474

Assets and Liabilities:

  • Total Assets: $51,913
  • Total Liabilities: $46,805
  • Net Assets: $5,108

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Programs

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

Hotel Revenue

Revenue

$127,365

Observatory Revenue

Revenue

$26,616

Organization Details

Founding Year

2018

Principal Officer

John C Boyd

Main Address

200 Mayland Drive, Spruce Pine, NC, 28777

NTEE Category

Code: B11 - Education

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