Franklin-Southampton Economic Development Inc.
Franklin-Southampton Economic Development Inc.
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About this organization
Mission
To promote, market, and oversee development activities for the city of Franklin and Southampton County
About
Activities to promote the economic vitality of Franklin and Southampton County including: market the community's assets to attract new businesses with capital investment and opportunities for job creation, including coordinating local and state incentive programs. Provide technical training and assistance to existing businesses, including operation of the Franklin Business Center. Develop programs to foster small business growth and entrepreneurship. Create an atmosphere to foster tourism that will take advantage of the community's existing natural and historic assets.
Interesting data from their 2020 990 filing
The purpose of the non-profit, as set forth in the filing, is “To diversify the economy, create high quality jobs, and provide a future for the families and youth of franklin and southampton county.”.
When discussing its purpose, they were characterized as: “To promote, market, and oversee development activities for the city of franklin and southampton county”.
- The state in which the non-profit is legally authorized to operate is VA, as reported.
- The filing confirms that the non-profit's address in 2020 was 601 N MECHANIC STREET SUITE 300, FRANKLIN, VA, 23851.
- The form of the non-profit reports 5 employees as of 2020.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$29,224.
- The organization has 5 independent voting members.
- The organization was formed in 2005.
- The organization pays $224,347 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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