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.
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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:
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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.
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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.
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
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Organization Details
Founding Year
1959
Phone
(207) 324-4280Principal Officer
Gwen B Gadbois
Main Address
917 Main Street APT Suite B, Sanford, ME, 04073
NTEE Category
Code: S41 - Community improvement
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