Overview
What is Southern Oregon Regional Economic Development Inc?
Southern Oregon Regional Economic Development Inc, located at 1311 East Barnett Road 301, Medford, OR 97504, is a nonprofit organization dedicated to fostering economic growth and job opportunities in Southern Oregon. Their mission is to support businesses and advance economic prospects that align with community values. They envision a future where innovative businesses flourish in thriving communities in Jackson and Josephine Counties. The organization maintains programs to stimulate the overall economy, with a goal of helping businesses prosper and promote compatible economic opportunities. Currently, they employ a team of 10 individuals.
Official website here: www.soredi.org
Is Southern Oregon Regional Economic Development Inc legitimate?
Southern Oregon Regional Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Southern Oregon Regional Economic Development 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: $108,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,483
For more financial information, click here
Official website here: www.soredi.org
What is the mission statement of Southern Oregon Regional Economic Development Inc?
Southern Oregon Regional Economic Development Inc's mission is centered around fostering business prosperity and advancing economic opportunities in harmony with community values. They envision innovative businesses flourishing in vibrant communities. Their primary goal is to develop and maintain programs that stimulate the overall economy of Southern Oregon, thereby ensuring continued business growth and job opportunities within the region.
Official website here: www.soredi.org
What is the revenue of Southern Oregon Regional Economic Development Inc?
Southern Oregon Regional Economic Development Inc's revenue in 2023 was $1,047,048.
Official website here: www.soredi.org
Who are the executives of Southern Oregon Regional Economic Development Inc and what are their salaries?
The average compensation at Southern Oregon Regional Economic Development Inc during 2023 was $44,454. There are 8 employees and 64 volunteers at Southern Oregon Regional Economic Development Inc.
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Official website here: www.soredi.org
Where can I find the form 990 for Southern Oregon Regional Economic Development Inc?
Southern Oregon Regional Economic Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.soredi.org
Learn more at the official website: www.soredi.org
Mission Statement of Southern Oregon Regional Economic Development Inc
Southern Oregon Regional Economic Development Inc, with a mission deeply rooted in promoting business prosperity and fostering economic opportunities, works diligently to ensure these endeavors align with the values of the community. Their ultimate vision is to see innovative businesses thrive in vibrant communities, not just in Jackson and Josephine Counties, but potentially beyond. To achieve this mission, the organization develops and maintains programs aimed at stimulating the overall economy of Southern Oregon. By doing so, they aim to foster continued business growth and job opportunities within the region. This commitment to economic development is a testament to Southern Oregon Regional Economic Development Inc's dedication to enhancing the prosperity of the local community and its businesses.
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Impact
October, 2024
Southern Oregon Regional Economic Development Inc significantly influences the region's economic landscape by fostering business growth and facilitating economic opportunities that align with community values. Their initiatives are designed to stimulate the overall economy of Southern Oregon, ensuring that businesses can prosper while contributing to the local environment.
By developing and maintaining various programs, this organization helps create a more vibrant and innovative business ecosystem in Jackson and Josephine Counties. Their efforts lead to continued job creation and stability, enhancing the quality of life for residents and supporting community improvement. Through their focus on compatible economic advancement, they help forge a path toward a thriving regional economy where businesses can flourish in a supportive community setting.
This information is meant to be a general summary of Southern Oregon Regional Economic Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $87,240
- Program Service Revenue: $147,390
- Gross Receipts: $1,047,048
Assets and Liabilities:
- Total Assets: $6,059,782
- Total Liabilities: $207,548
- Net Assets: $5,852,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST FROM LOAN PRO
Revenue
$147,390
Organization Details
Founding Year
1987
Principal Officer
Colleen Padilla
Website
www.soredi.orgNTEE Category
Code: S30 - Community improvement
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