economic impact of the nonprofit sector in idaho nora j carpenter, chairman, idaho nonprofit center...
TRANSCRIPT
Economic Impact of the Nonprofit Sector in Idaho
Nora J Carpenter, Chairman, Idaho Nonprofit Center Board of Directors
Economic Impacts of Idaho’s Nonprofits Organizations Report
Commissioned by the Idaho Nonprofit Center in 2011 and updated in 2014
Research conducted by Steven Peterson, Research Economist, University of Idaho
What’da ya know?
How many registered nonprofit organizations in Idaho?
+7,000 Registered nonprofits in Idaho
Nonprofits in Idaho are the bridge between our private and
public sectors
Provide rich historical, cultural, ethnic and ecological service
Fill significant gaps in education and social services
How many paid staff positions?
What’da ya know?
More than 52,000 paid employees
When measured in jobs, Idaho’s nonprofit sectors is larger than all counties except Ada
Would rank 6th as an industry in IdahoPays $2.6 Billion in total aggregate compensation in
IdahoContributes more than $40M annually in personal
income tax
What is the impact of the nonprofit sector to Idaho’s gross state product?
What’da ya know?
Idaho’s nonprofits are significant to Idaho’s economy
Brings $2.3 Billion annually to the gross state product in 2013 from federal dollars
Idaho’s nonprofits add between 4 & 6% to Idaho GSP annually
One the largest of Idaho’s economic sectors
$129 M annual tax revenue
How many hours of volunteer labor did Idahoans give to their community or cause thru nonprofits last year?
What’da ya know?
The Big Multiplier – Volunteers!
58.2 M hours of volunteer labor annually
425,000 Idahoans volunteer annually
Rank 3rd per capita for volunteer time
If converted to wages: volunteer time $19.30/hr equaling $1.13 billion injection into economy (equivalent to 28,000 jobs)
What this means to Idaho and local communities
Nonprofit orgs play a significant role in quality of life, and economic survivability of the State
‘Boot-strapping’ at its bestPowerful reflection of Idaho’s ‘pioneer spirit of
independence’ and best of ‘interdependence’
The full report
www. Idahononprofits.org