Overview
What is Growth Resources Of Wellsboro Foundation?
The Growth Resources of Wellsboro Foundation is a nonprofit organization situated in Wellsboro, Pennsylvania. Primarily serving the local community and surrounding areas with railroad properties, its primary mission is to foster commercial and industrial growth. The foundation achieves this goal by monitoring contracted operations of the local rail line that caters to local industries through an operating lease. Its major activity focuses on economic development, aiming to create and maintain a thriving economic landscape in Wellsboro, Pennsylvania.
Official website here: www.growwellsboro.com
Is Growth Resources Of Wellsboro Foundation legitimate?
Growth Resources Of Wellsboro Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Growth Resources Of Wellsboro Foundation 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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Official website here: www.growwellsboro.com
What is the mission statement of Growth Resources Of Wellsboro Foundation?
The Growth Resources Of Foundation, based on the information provided, is an organization that actively promotes commercial and industrial growth. Its primary objective is to foster economic development, aiming to create and sustain a thriving economic environment. The foundation serves a primary area, although it's not specified in the data, and its activities primarily involve monitoring contracted operations of a local rail line, which serves local industries, through an operating lease.
Official website here: www.growwellsboro.com
Who is the CEO of Growth Resources Of Wellsboro Foundation?
Thomas Rudy Jr is the President of Growth Resources Of Wellsboro Foundation.
Official website here: www.growwellsboro.com
What is the revenue of Growth Resources Of Wellsboro Foundation?
Growth Resources Of Wellsboro Foundation's revenue in 2022 was $215,463.
Official website here: www.growwellsboro.com
Who are the executives of Growth Resources Of Wellsboro Foundation and what are their salaries?
There 5 volunteers at Growth Resources Of Wellsboro Foundation.
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Official website here: www.growwellsboro.com
Where can I find the form 990 for Growth Resources Of Wellsboro Foundation?
Growth Resources Of Wellsboro Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.growwellsboro.com
Learn more at the official website: www.growwellsboro.com
Mission Statement of Growth Resources Of Wellsboro Foundation
Growth Resources of Wellsboro Foundation is a mission-driven organization that actively promotes economic development in its capacity as a foundation. Its primary objective is to foster commercial and industrial growth, aiming to establish and sustain a thriving economic landscape. This foundation serves as a catalyst for economic development, particularly in the areas where railroad properties are prevalent. One of its key activities involves monitoring the contracted operations of the local rail line, which serves various industries within the region. This role allows Growth Resources of Wellsboro Foundation to play a crucial part in ensuring the smooth functioning of local industries, thereby contributing to the overall economic growth and development of the community.
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Impact
October, 2024
Growth Resources Of Wellsboro Foundation plays a vital role in driving economic development in Wellsboro, PA, and its surrounding communities. By focusing on the management and monitoring of contracted operations for the local rail line, the foundation ensures that local industries have reliable access to transportation, which is crucial for their growth and sustainability.
The foundation's initiatives facilitate commercial and industrial expansion, creating opportunities for businesses and fostering a robust economic environment. This focus on infrastructure not only supports existing industries but also attracts new investments to the area. Ultimately, the impact extends to job creation, enhanced community resources, and improved overall quality of life for residents, promoting long-term prosperity for Wellsboro and the surrounding region.
This information is meant to be a general summary of Growth Resources Of Wellsboro Foundation. 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: $1,557
- Program Service Revenue: $202,216
- Gross Receipts: $215,463
Assets and Liabilities:
- Total Assets: $1,158,783
- Total Liabilities: $0
- Net Assets: $1,158,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RAIL LEASE INCOME
Revenue
$122,366
RAIL OPERATOR INCOME
Revenue
$79,850
Organization Details
Founding Year
1956
Phone
(570) 724-0636Principal Officer
Thomas Rudy Jr
Main Address
114 MAIN STREET, WELLSBORO, PA, 16901
Website
www.growwellsboro.comNTEE Category
Code: S31 - Community improvement
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