Strafford Economic Development Corporation
Strafford Economic Development Corporation
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About this organization
Mission
The organization was established for the purpose of maintaining, improving, and revitalizing the local economic and industrial base and to ensure the retention and creation of high quality employment opportunities for the residents of the community.
About
The organization originated twelve additional economic development loans for area businesses during the fiscal year ended December 31, 2019, adding 3,465,000 in new lending to its loan portfolio.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “The organization was established for the purpose of maintaining, improving, and revitalizing the local economic and industrial base and to ensure the retention and creation of high quality employment opportunities for the residents of the community.”.
When referring to its actions, they were outlined as: “The organization was established for the purpose of maintaining, improving, and revitalizing the local economic and industrial base and to ensure the retention and creation of high quality employment opportunities for the residents of the community.”.
- The non-profit has complied with legal obligations by reporting their state of operation as NH.
- The non-profit's address in 2020 is noted in the filing as 26 KENDAL LANE, STRAFFORD, NH, 03884.
- The non-profit's form for 2020 reports a total of 6 employees.
- 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 $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $90,071.
- The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 9 independent voting members.
- The organization was formed in 1997.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $355,973 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.
Additional Non-Profits in the area
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