Thursday, July 10, 2008

Economic Impact Survey Results

The fourteen organizations that responded to our SCNY Economic Impact survey reported a total of $20,476,863 spent in the region during the last fiscal year. These organizations also employ a total of 1,184 people and generate close to two million dollars in payroll taxes. Powerful numbers considering that they only represent 14 out of the 286 nonprofits in Broome and Tioga Counties. Although the positive social impact of the nonprofit community is often more visible, area organizations clearly benefit the local economy as well. As a group, we'll continue to explore the combined economic impact of our organizations and how to best share that information with the larger community.

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