Havenwoods Economic Development Corp

Havenwoods Economic Development Corp is a non-profit organization established in 2002, with a mission to contribute to the revitalization and economic growth of the Havenwoods area through various development strategies. It is designated as a 501(c)(3) organization, which makes donations to the corporation tax-deductible[1].

Mission and Activities

The corporation focuses on community improvement and urban economic development. Its strategies include economic development, community development, neighborhood management, and enhancing public infrastructure to foster growth in the Havenwoods area. This area is notable for housing many industrial businesses, manufacturers, and significant attractions like the state's largest Asian Public Market and the natural beauty of Havenwoods State Forest[2][4].

Organizational Structure

Havenwoods Economic Development Corp operates with a structured leadership, including key positions such as Executive Director, Board Chair, and various directors. As of recent data, Stephanie Harling serves as the Executive Director of the organization[1].

Financial Overview

In recent years, the corporation has relied heavily on contributions as its primary source of revenue. For instance, in the fiscal year ending in December 2022, contributions accounted for approximately 99.7% of its total revenue[1]. Expenses are primarily allocated to executive compensation and other salaries and wages, with a significant portion going towards executive compensation[1].

Community Engagement

Havenwoods Neighborhood Partnership, an integral part of the corporation's efforts, aims to engage residents, businesses, and government entities to enhance community prosperity. By fostering strong relationships and advocating for community needs, the partnership strives to amplify the voices of its stakeholders at local, state, and federal levels[3].