EIN 65-0255366

Business Development Board of Martin

IRS 501(c) type
501(c)(6)
Num. employees
4
City
State
Year formed
1991
Most recent tax filings
2022-09-01
Description
To promote economic prosperity in Martin county, Florida by retaining and assisting existing businesses and attracting new businesses while preserving the quality of life, and expanding educational and employment opportunities. To promote the economic and Business welfare in Martin county, Florida and the cities therein by increasing employment opportunities. To champion and strengthen Martin county's economy.
Also known as...
Business Development Board of Martin County
Total revenues
$569,166
2022
Total expenses
$490,657
2022
Total assets
$537,209
2022
Num. employees
4
2022

Program areas at Business Development Board of Martin

Starting, growing, retaining and welcoming new businesses and industries is core Business for the bdb. In fy 2022, the bdb made 5 economic announcements with a jobs impact of 294, a commercial-industrial space impact of 981,500 square feet with a total direct Business capital investment of $125.7 million. Since talent-workforce remains the number one consideration for a company making a site selection decision, the bdb's talent advancement team, in collaboration with economic and community partners, seeks to increase the talent pool, align the talent pipeline and improve labor market conditions.
In fy 2022, the bdb produced one side hustle to main gig, in conjunction with its investors-contributors and the small Business Development center @ indian river state college, designed to encourage more start-ups in Martin county.laptop and reimbursments for new Business registration fees.
Retaining and growing Martin county businesses and companies ("grow our own") through the bdb's pulse program comprises of Business surveys, one-on-one visits and facility tours is a key economic Development strategy. In fy 2022, the bdb conducted 79 pulse visits, published the inaugural pulse report and assisted more than 781 businesses.

Personnel at Business Development Board of Martin

NameTitleCompensation
Joan K. GoodrichExecutive Director$107,030
Kate CotnerVice President / Board Member$0
Charlie PagePresident / Treasurer$0
Patrick GleasonSecretary$0
Angela HoffmanVice President$0
...and 8 more key personnel

Financials for Business Development Board of Martin

RevenuesFYE 09/2022
Total grants, contributions, etc.$0
Program services$513,750
Investment income and dividends$42
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$17,765
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$37,609
Total revenues$569,166

Form 990s for Business Development Board of Martin

Fiscal year endingDate received by IRSFormPDF link
2019-092020-10-03990View PDF
2018-092019-06-19990View PDF
2017-092018-11-15990View PDF
2016-092017-10-20990OView PDF
2015-092016-12-30990OView PDF
...and 5 more Form 990s
Data update history
May 18, 2023
Updated personnel
Identified 6 new personnel
May 11, 2023
Used new vendors
Identified 1 new vendor, including
January 12, 2023
Updated personnel
Identified 8 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
November 3, 2020
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
Fundraising eventsState / local levelCommunity engagement / volunteering
General information
Address
1002 Se Monterey Commons 207
Stuart, FL 34996
Metro area
Port St. Lucie, FL
Website URL
bdbmc.org/ 
Phone
(772) 221-1380
IRS details
EIN
65-0255366
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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