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McDowell Economic Development Association Inc.

McDowell Economic Development Association Inc.

Marion, NC
Tax ID56-1346748

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About this organization

Revenue

$244,244

Expenses

$233,173

Mission

The mission is to create jobs and increase the tax base in McDowell County, whether it is through recruiting a new industry or assisting an existing industry that is expanding. In an effort to conform to this goal, MEDA maintains a good working relationship with the North Carolina Department of Commerce, AdvantageWest, industrial realtors, utility companies, and other interested parties.

About

To improve the economic conditions for the people of McDowell County through the recruitment of new businesses and the expansion of existing businesses in the county

Interesting data from their 2019 990 filing

The non-profit's aim, as stated in the filing, is “The mission is to create jobs and increase the tax base in mcdowell county, whether it is through recruiting a new industry or assisting an existing industry that is expanding. in an effort to conform to this goal, meda maintains a good working relationship with the north carolina department of commerce, advantagewest, industrial realtors, utility companies, and other interested parties.”.

When referring to its actions, they were outlined as: “The mission is to create jobs and increase the tax base in mcdowell county, whether it is through recruiting a new industry or assisting an existing industry that is expanding. in an effort to conform to this goal, meda maintains a good working relationship with the north carolina department of commerce, advantagewest, industrial realtors, utility companies, and other interested parties.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as NC.
  • The non-profit's form for 2019 reports a total of 2 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 $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $11,071.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization has 20 independent voting members.
  • The organization was formed in 1982.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $208,122 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.

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