Harbor Towns Inc

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

EIN: 873875262 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is Harbor Towns Inc?

Harbor Towns Inc is a nonprofit organization based in Chapel Hill, North Carolina, with a focus on boosting tourism and promoting economic growth in the Albemarle Sound region. They have commissioned the creation of two passenger boats for transportation, named the Albemarle Class, specifically designed for the area's unique waters. Additionally, they are considering purchasing and renovating a used dinner boat to offer an enjoyable tourism option. Harbor Towns Inc collaborates with local community leaders, businesses, and entrepreneurs to enhance and modernize historic towns, making them more appealing to tourists and visitors. The organization's mission is to design, implement, operate, and manage regional tourism-based economic development strategies, benefitting the Albemarle Sound area of northeastern North Carolina.


Official website here: www.harbortowns.org

Is Harbor Towns Inc legitimate?

Harbor Towns Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harbor Towns 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.harbortowns.org

What is the mission statement of Harbor Towns Inc?

Harbor Towns Inc's mission is centered around boosting tourism, maximizing economic impact, creating job opportunities, and promoting sustainable practices. They aim to accomplish this by designing, implementing, operating, and managing regional tourism-driven economic development strategies. Specifically, Harbor Towns Inc is involved in establishing a public-private water transportation system, including ferry boats, taxi boats, dinner boats, and other vessels, to benefit the region. They have commissioned the construction of the first and second fast-ferry passenger boats, named the Albemarle Class, for transportation on the Albemarle Sound. Furthermore, Harbor Towns Inc is working with community leaders, businesses, and entrepreneurs across the region to renew and upgrade historic towns, making them more welcoming and engaging for tourists and visitors.


Official website here: www.harbortowns.org

Who is the CEO of Harbor Towns Inc?

Nicholas Didow is the President And Ceo of Harbor Towns Inc. The CEO's salary of Harbor Towns Inc is $0 and their total compensation is $0.


Official website here: www.harbortowns.org

What is the revenue of Harbor Towns Inc?

Harbor Towns Inc's revenue in 2022 was $5,012,408.


Official website here: www.harbortowns.org

Who are the executives of Harbor Towns Inc and what are their salaries?


Here are 5 key members and their salaries (Harbor Towns Inc's CEO's salary is $0 and their total compensation is $0):


Nicholas Didow (President And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Estelle Sanders (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Yalden-Thomson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Mcmullan (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Goodwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.harbortowns.org

Where can I find the form 990 for Harbor Towns Inc?

Harbor Towns Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.harbortowns.org

Learn more at the official website: www.harbortowns.org

Mission Statement of Harbor Towns Inc

Harbor Towns Inc, a nonprofit organization, is dedicated to enhancing tourism, maximizing economic impact, and creating jobs in a sustainable manner. Their mission extends across the North Carolina Albemarle Sound IBX region. The organization's primary objective is to design, implement, operate, and manage regional tourism-based economic development strategies. This encompasses the creation and operation of a public-private water transportation system, comprising ferry boats, taxi boats, dinner boats, and other vessels. Harbor Towns Inc has taken significant strides in this regard, commissioning the design and construction of the first and second fast-ferry passenger boats for transportation on the Albemarle Sound. These boats, named the Albemarle Class, are a unique combination of catamaran and hydrofoil, capable of carrying about 30-32 passengers with a crew of two people.

In addition, Harbor Towns Inc is actively seeking to purchase and renovate a used dinner boat, which will also operate on the Albemarle Sound, providing a memorable dining experience for visitors. The organization's efforts extend beyond the transportation sector. They are collaborating with community leaders, businesses, and entrepreneurs across the region to renew and upgrade historic towns, making them more welcoming and engaging for tourists and visitors. This comprehensive approach to regional development aims to boost tourism and stimulate economic growth in a sustainable and responsible manner.

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Impact




October, 2024

Harbor Towns Inc significantly enhances the economic and tourism landscape across the North Carolina Albemarle Sound IBX region. By commissioning the design and construction of innovative ferry boats, such as the Albemarle Class, the organization transforms transportation options, connecting harbor towns and making them more accessible to visitors. This unique vessel, a combination of a catamaran and hydrofoil, not only accommodates 30-32 passengers but also promises a sustainable transit alternative that elevates the overall travel experience on the sound.

In addition, Harbor Towns Inc is actively seeking to revitalize the local economy through the purchase and renovation of a former dinner boat, which will provide an engaging dining experience on the water. This initiative not only diversifies recreational offerings but also fosters job creation in the hospitality and tourism sectors.

Furthermore, collaboration with community leaders and local businesses has led to the renewal and upgrade of historic towns, making them more inviting to tourists and residents alike. These efforts underline a commitment to sustaining economic growth while preserving the rich cultural heritage of the region. By focusing on sustainable tourism development strategies and improving regional connectivity, Harbor Towns Inc drives both the economic impact and tourism potential of the Albemarle Sound area.




This information is meant to be a general summary of Harbor Towns 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
$5,012,408 (2022)
Expenses
$367,874 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,408
  • Gross Receipts: $5,012,408

Assets and Liabilities:

  • Total Assets: $4,644,634
  • Total Liabilities: $0
  • Net Assets: $4,644,634

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Organization Details

Founding Year

2021

Principal Officer

Nicholas Didow

Main Address

117 SPRINGHILL FOREST ROAD, CHAPEL HILL, NC, 275169039

NTEE Category

Code: Z99 - Unknown

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