Clay County Economic Development Corporation
Clay County Economic Development Corporation
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About this organization
Revenue
$425,083
Expenses
$390,633
Mission
The work of the Economic Development Corporation is to promote high-wage job creation and taxable capital investment in Clay County Florida through recruitment of high-wage employers to Clay County Florida; support and promote the expansion of existing high-wage employers in Clay County Florida; support and promote start-up businesses that have the capacity to create new high-wage jobs in Clay County Florida.
About
Clay EDC applied for and was awarded funding by the DEO under Defense Reinvestment Grant (DRG) FY2018. This funding paid for a marketing package including a new website, white paper kit, slide deck, and video presentation. ($41,000)
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “We seek to recruit new businesses to locate to clay county and work to retain and help grow existing clay county businesses, all in an effort to: provide quality, high-wage employment opportunities; diversify the local economy; grow the non-residential tax base, and improve the overall business climate and quality of life in clay county for its citizens and families.”.
Their activities were defined as: “The work of the economic development corporation is to promote high-wage job creation and taxable capital investment in clay county florida through recruitment of high-wage employers to clay county florida; support and promote the expansion of existing high-wage employers in clay county florida; support and promote start-up businesses that have the capacity to create new high-wage jobs in clay county florida.”.
- As per legal requirements, the non-profit's state of operation is reported as FL.
- The non-profit's address in 2020 as per the filing is 1845 Town Center Blvd Suite 110B, Fleming Island, FL, 32003.
- The form of the non-profit organization shows 2 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 $34,450.
- The organization has 10 independent voting members.
- The organization was formed in 2014.
- The organization pays $205,847 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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