nonprofit logo

Industrial Development Corporation Of Sanford

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 016019454 ✦ Sanford, ME ✦ Designated as a 501(c)(6)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Industrial Development Corporation Of Sanford?

The Industrial Development Corporation of Sanford is a nonprofit organization situated in Sanford, Maine, specifically at 917 Main Street Apt Suite B. Their primary mission is to develop and manage a business park in the area, actively working to attract new companies to establish themselves within this park. Funding for projects is secured through grants, as indicated by the example of the Sanford Regional Growth Council. The Corporation's activities are centered around maintaining the business park and fostering economic growth by encouraging business development.

Is Industrial Development Corporation Of Sanford legitimate?

Industrial Development Corporation Of Sanford is a legitimate nonprofit organization registered as a 501(c)(6) entity. Industrial Development Corporation Of Sanford submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Industrial Development Corporation Of Sanford?

The Industrial Development Corporation of Sanford, in its mission, focuses on developing and managing a business park, actively seeking to attract new companies to establish their operations within this park. By doing so, the corporation aims to stimulate economic growth and development in the area, leveraging grants to support its initiatives and maintain the business park's infrastructure. The corporation's primary objective is to facilitate the establishment of businesses, thereby creating job opportunities and contributing to the overall economic prosperity of the community.

Who is the CEO of Industrial Development Corporation Of Sanford?

Gwen B Gadbois is the Director of Industrial Development Corporation Of Sanford.

What is the revenue of Industrial Development Corporation Of Sanford?

Industrial Development Corporation Of Sanford's revenue in 2022 was $100,870.

Who are the executives of Industrial Development Corporation Of Sanford and what are their salaries?


Here are 10 key members and their salaries:


Ted Hissong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jagger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Navia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nickerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Cote (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert I Hardison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwen Bedell Gadbois (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward J Titcomb (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ralston (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Industrial Development Corporation Of Sanford?

Industrial Development Corporation Of Sanford's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Industrial Development Corporation Of Sanford

The Industrial Development Corporation of Sanford, in its mission, focuses on developing and managing a business park in an unspecified location. This organization's primary goal is to attract new companies, encouraging them to establish their operations within the said business park. By doing so, it aims to foster economic growth and development in the area. The corporation's efforts are supported through grants, which fund the Sanford Regional Growth Council, and through the allocation of funds for program service expenses, ensuring the upkeep and maintenance of the business park.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Industrial Development Corporation of Sanford plays a crucial role in enhancing the economic landscape of Sanford, Maine. By developing and managing a business park, it creates an environment conducive to business growth and investment. This initiative not only attracts new companies to the area but also fosters job creation and economic diversification.

The Corporation's efforts contribute significantly to community improvement by increasing local employment opportunities and enhancing the tax base. The successful recruitment of new businesses into the park can stimulate economic activity, encouraging a supportive ecosystem for innovation and entrepreneurship. Additionally, the management and maintenance of the business park ensure that it meets the needs of current and future tenants, promoting a sustainable and thriving industrial space.

Through its focus on regional growth, the Industrial Development Corporation of Sanford not only facilitates immediate economic benefits but also lays the groundwork for long-term community prosperity. Its impact is felt in the vibrant local economy, improved amenities, and enhanced quality of life for residents in Sanford.




This information is meant to be a general summary of Industrial Development Corporation Of Sanford. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$100,870 (2022)
Expenses
$31,810 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $100,870
  • Gross Receipts: $100,870

Assets and Liabilities:

  • Total Assets: $4,325,911
  • Total Liabilities: $5,000
  • Net Assets: $4,320,911

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1959

Principal Officer

Gwen B Gadbois

Main Address

917 Main Street APT Suite B, Sanford, ME, 04073

NTEE Category

Code: S41 - Community improvement

If you are a representative of Industrial Development Corporation Of Sanford and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.