Overview
What is Breckenridge Industrial Foundation?
The Breckenridge Industrial Foundation is a nonprofit organization situated in Breckenridge, Texas. Its primary mission is centered around fostering economic growth and promoting the expansion of industries and businesses within the city and county. The foundation has been actively involved in transforming underutilized city plots, aiding in the acquisition of business properties for new locations, and revitalizing abandoned properties for the establishment of new industries and businesses. This commitment to development contributes positively to the local economy.
Is Breckenridge Industrial Foundation legitimate?
Breckenridge Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Breckenridge Industrial 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 Breckenridge Industrial Foundation?
The Breckenridge Industrial Foundation's mission is centered around driving economic development and fostering growth within the corresponding city and county. It accomplishes this by promoting business and industry, assisting in the acquisition of property for new business locations, and contributing to the renovation and demolition of abandoned properties for the establishment of new industries. The foundation plays a significant role in the development of vacant lots within the city, aiming to stimulate industrial and commercial activities.
Who is the CEO of Breckenridge Industrial Foundation?
Kevin Simmons is the Director of Breckenridge Industrial Foundation.
What is the revenue of Breckenridge Industrial Foundation?
Breckenridge Industrial Foundation's revenue in 2022 was $28,605.
Who are the executives of Breckenridge Industrial Foundation and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Breckenridge Industrial Foundation?
Breckenridge Industrial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Breckenridge Industrial Foundation
The Breckenridge Industrial Foundation is dedicated to promoting economic growth and fostering the development of industries and businesses within its city and county. This nonprofit organization plays a significant role in transforming vacant lots within the city, offering assistance in the acquisition of properties for new business locations, and facilitating the cleanup and demolition of abandoned sites for the establishment of new industries and businesses. By engaging in these activities, the Breckenridge Industrial Foundation is committed to driving economic development and stimulating business growth within its jurisdiction.
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Impact
October, 2024
The Breckenridge Industrial Foundation plays a vital role in fostering economic development and promoting industrial growth in Breckenridge, Texas. By transforming vacant lots into viable business sites, the foundation actively drives the revitalization of the local economy. Its efforts include supporting property acquisitions for both existing and new industries, facilitating their relocation and expansion within the area.
Additionally, the foundation addresses the challenges posed by abandoned properties by overseeing clean-up and demolition projects. This not only enhances the community's aesthetic appeal but also paves the way for new business opportunities, contributing to job creation and local investment. Overall, the foundation’s initiatives significantly enhance the community’s business landscape and encourage sustainable economic growth within the city and county.
This information is meant to be a general summary of Breckenridge Industrial 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: $2,870
- Gross Receipts: $29,985
Assets and Liabilities:
- Total Assets: $578,508
- Total Liabilities: $0
- Net Assets: $578,508
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Organization Details
Founding Year
1984
Phone
(254) 559-2301Principal Officer
Kevin Simmons
Main Address
PO Box 1466, Breckenridge, TX, 76424
NTEE Category
Code: S31 - Community improvement
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