Greater Franklin Development Council
Greater Franklin Development Council
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About this organization
Revenue
$225,232
Expenses
$191,997
Mission
GFDCs mission is to attract and assist businesses and entrepreneurs by advocating, promoting, and collaborating to support a sustainable and thriving community.
About
GFDC was established by a group of local business people to strengthen economic development in the greater Franklin county area. Our goal is to create and retain quality employment opportunities by attracting new businesses, assisting local employers, and encouraging entrepreneurship.
Interesting data from their 2019 990 filing
The filing specifies the mission of the non-profit as “In conjunction with its mission, its vision is to enhance the quality of life in western maine by fostering a vibrant economy where opportunities abound.”.
When explaining its duties, they were described as: “Gfdcs mission is to attract and assist businesses and entrepreneurs by advocating, promoting, and collaborating to support a sustainable and thriving community.”.
- The state in which the non-profit is authorized to operate legally is ME.
- According to the filing, the address of the non-profit for the year 2019 is 198 Front Street, Farmington, ME, 04938.
- The non-profit has reported 2 employees on their form for the year 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $33,235.
- The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
- The organization has 10 independent voting members.
- The organization was formed in 1998.
- The organization is required to file Schedule O.
- The organization pays $124,541 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.