EIN 46-5287847

Clay County Economic Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
3
State
Year formed
2014
Most recent tax filings
2023-09-01
NTEE code, primary
Description
The work of the Economic Development Corporation is to promote high-wage job creation and taxable capital investment in Clay County Florida.
Total revenues
$711,115
2023
Total expenses
$704,886
2023
Total assets
$244,861
2023
Num. employees
3
2023

Program areas at Clay County Economic Development Corporation

Clay County Economic Development Corporation supported over $500 million in real estate, infrastructure, and capital investment projects for Clay County. Projects consist of business recruitment of a major manufacturer, health care and life science services, quality of life, and a significant tourism undertaking. Over 200 new high-wage jobs will be created from these projects and there are another 600 potential jobs in the pipeline.
Working with a consultant, Clay County Economic Development Corporation facilitated a comprehensive business development evaluation and recommendations effort to support the municipalities in Clay County. The consultant evaluated what resources are available in each municipality to support the incentivization of business development within the municipality. The consultant also met with stakeholders to determine what development goals the municipality has. The consultant suggested programs that could be implemented to support the goals of the municipalities in combination with county and state level grant programs.
Clay County Economic Development Corporation (Clay EDC) hosted three luncheon presentations providing relevant information to area business leaders and stakeholders. Clay EDC hosted a Workforce Development Summit on critical talent development and alignment efforts. Clay EDC hosted a First Coast Expressway Summit to provide in-depth and comprehensive information on project updates related to the infrastructure planning and development along and connecting to the construction of SR-23. Clay EDC hosted a reception to update community economic development partners on the progress and accomplishments of the organization. Clay EDC supported the Clay County Legislative Day in Tallahassee, FL to bring awareness of state level support needed for local projects.

Who funds Clay County Economic Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Word of Life FoundationMinistry$6,000
Clay Electric FoundationPursuit of the Foundations Overall Mission$6,000

Personnel at Clay County Economic Development Corporation

NameTitleCompensation
Laura PavlusSenior Vice President$121,521
Cador PowellPresident$130,650
Lisa ValentineBoard Member$0
Jamie-Joe HarrisPresident / Executive Director$60,000
William GarrisonPast Executive Director$76,248

Financials for Clay County Economic Development Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$711,115
Program services$0
Investment income and dividends$0
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$711,115

Form 990s for Clay County Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-03-13990View PDF
2022-092023-02-10990View PDF
2021-092022-02-10990View PDF
2020-092021-04-13990View PDF
2019-092020-09-04990View PDF
...and 4 more Form 990s

Organizations like Clay County Economic Development Corporation

OrganizationLocationRevenue
Staten Island Economic Development CorporationStaten Island, NY$2,385,997
Yadkin County Economic Development PartnershipYadkinville, NC$278,060
Hudson Valley Pattern for ProgressNewburgh, NY$867,184
Geauga Growth PartnershipNewbury, OH$675,679
Growth Partnership for AshtabulaJefferson, OH$334,540
Benton Economic PartnershipFoley, MN$340,247
Lansdowne Economic Development Corporation (LEDC)Lansdowne, PA$339,612
Coos Economic Development CorporationLancaster, NH$204,983
Seneca Industrial and Economic Development CorporationTiffin, OH$581,770
Orange County Economic Development CorporationFrench Lick, IN$383,919
Data update history
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 2 new personnel
January 2, 2024
Received grants
Identified 2 new grant, including a grant for $6,000 from Word of Life Foundation
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
MembershipsFundraising eventsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1845 Town Blvd Suite 110b
Fleming Island, FL 32003
Metro area
Jacksonville, FL
County
Clay County, FL
Website URL
chooseclay.com/ 
Phone
(904) 375-9394
IRS details
EIN
46-5287847
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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