
Do you need to quantify and communicate your organization’s accomplishments?
Impact DataSource can summarize the impact of multiple economic development projects over a period of time to highlight the impact and return on investment your organization provides to the community. Here’s how we do it -
- Provide us with a list of projects your organization has assisted or tracked. For each project, identify the number of jobs created, average salaries and the firm’s investment in property.
- We will prepare a report summarizing your organizations impact. The report will analyze:
- the total impact on employment, workers’ earnings and economic output over a period of time – including both direct and indirect impacts,
- additional tax revenue for local taxing entities,
- the organizations rate of return on investment – For every $1 spent on economic development, the area receives $X in additional taxes.
- Share the report highlighting your organization’s accomplishments with your elected leadership, community and other stakeholders.
Read about a recent study we conducted for an organization in Barberton, Ohio.
Case Study: Economic Development Organization Summary – Barberton Community Development Corporation