Overview
What is Durango Industrial Development Foundation?
The Durango Industrial Development Foundation is a nonprofit organization situated in Durango, Colorado. Its primary mission is to stimulate the local economy by generating new employment opportunities and diversifying the economic base in the area. They accomplish this by spearheading and improving industrial development projects within Durango. By doing so, they aim to foster a prosperous and dynamic local economy.
Is Durango Industrial Development Foundation legitimate?
Durango Industrial Development Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Durango Industrial Development 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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What is the mission statement of Durango Industrial Development Foundation?
The Durango Industrial Development Foundation's mission is centered around fostering an economic growth in an unspecified area by generating new employment opportunities and promoting diversification in the economic sector. Through their initiatives, they aim to enhance the overall economic environment. Their primary objective is to develop and improve industrial projects within the specified area.
Who is the CEO of Durango Industrial Development Foundation?
Jason Portz is the President of Durango Industrial Development Foundation.
What is the revenue of Durango Industrial Development Foundation?
Durango Industrial Development Foundation's revenue in 2022 was $30,991.
Who are the executives of Durango Industrial Development Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Durango Industrial Development Foundation?
Durango Industrial Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Durango Industrial Development Foundation
The Durango Industrial Development Foundation, a notable organization, is committed to fostering an economically prosperous environment in the Durango area. Its mission is twofold: firstly, it aims to stimulate job creation, and secondly, it seeks to diversify the local economic base. By pursuing industrial development projects, the Foundation strives to contribute to the overall economic growth and vitality of the Durango area.
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Impact
October, 2024
Durango Industrial Development Foundation significantly impacts the economic landscape of the Durango area by fostering industrial development projects that create new job opportunities and diversify the local economy. By enhancing the conditions for growth, the foundation plays a crucial role in attracting investments and supporting businesses, thereby strengthening community resilience and prosperity. The initiatives undertaken by the foundation not only stimulate economic activity but also contribute to the overall improvement of the Durango area, positioning it for sustainable growth and enhanced quality of life for its residents.
This information is meant to be a general summary of Durango Industrial Development 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: $39,022
- Gross Receipts: $345,377
Assets and Liabilities:
- Total Assets: $3,072,130
- Total Liabilities: $0
- Net Assets: $3,072,130
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Organization Details
Founding Year
1972
Phone
(970) 759-5064Principal Officer
Jason Portz
Main Address
PO Box 3850, Durango, CO, 81302
NTEE Category
Code: S31 - Community improvement
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