Columbia Economic Development Corporation
Columbia Economic Development Corporation
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About this organization
Mission
Promoting and developing the industry and job development rate in the county of Columbia, New York.
About
During the year, $697,000 was lent to various local businesses offset by $318,252 of loan repayments. Program expenses included payroll expenses for employees working on promoting the organization's mission and meeting program expectations, while other expenses included office and marketing and consulting expenses related to running the program.
Interesting data from their 2020 990 filing
The non-profit's mission is outlined in the filing as being “Columbia economic development corporation is the lead economic development organization for columbia county, new york. our mission is to strengthen the area's tax base through economic development and job creation, to assist business to locate and expand within the county, and to promote columbia county as a premier spot for both business investment and personal opportunity.”.
When outlining its responsibilities, they were referred to as: “Promoting and developing the industry and job development rate in the county of columbia, new york.”.
- The state in which the non-profit operates has been officially reported as NY.
- The filing reveals the non-profit's address in 2020 to be 1 Hudson City Centre Suite 301, HUDSON, NY, 12534.
- As per the non-profit's form for 2020, they have 6 employees on their payroll.
- 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 $595.
- The CEO salary policy within the organization is subject to review and endorsement by an impartial party.
- The organization elects its board members.
- The organization has 19 independent voting members.
- The organization was formed in 1992.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $347,214 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.