Cleburne Economic Development Foundation Inc

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

EIN: 237452601 ✦ Cleburne, TX ✦ Designated as a 501(c)(6)

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Overview

What is Cleburne Economic Development Foundation Inc?

Cleburne Economic Development Foundation Inc is a nonprofit organization located in Cleburne, Texas, with the primary mission of promoting economic growth and development within the city. Their activities involve positioning Cleburne as an attractive location for industries and services, actively engaging with various businesses throughout the year. The foundation's aim is to contribute to the city's economic expansion, thereby creating opportunities for its residents and businesses.

Is Cleburne Economic Development Foundation Inc legitimate?

Cleburne Economic Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cleburne Economic Development Foundation Inc 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: $86,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cleburne Economic Development Foundation Inc?

The Cleburne Economic Development Foundation Inc's mission is centered around promoting the city as an attractive location for both industry and services. They achieve this by actively reaching out to various businesses throughout the year. Their primary objective is to foster economic development within the city, aiming to create a conducive environment for businesses to thrive. By doing so, they contribute to the city's overall economic growth and prosperity.

Who is the CEO of Cleburne Economic Development Foundation Inc?

Jerry Cash is the Executive Dir. of Cleburne Economic Development Foundation Inc.

What is the revenue of Cleburne Economic Development Foundation Inc?

Cleburne Economic Development Foundation Inc's revenue in 2023 was $990,997.

Who are the executives of Cleburne Economic Development Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Jerry Cash (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Wheatley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cleburne Economic Development Foundation Inc?

Cleburne Economic Development Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cleburne Economic Development Foundation Inc

Cleburne Economic Development Foundation Inc is an organization with a mission to drive economic growth in the city of Cleburne. Their primary objective is to promote Cleburne as an attractive location for businesses operating in the industry and service sectors. They achieve this by actively engaging with various businesses throughout the year. By doing so, they aim to enhance the economic development of Cleburne, Texas.

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Impact




October, 2024

Cleburne Economic Development Foundation Inc plays a vital role in promoting Cleburne, Texas, as a prime location for industry and services. By actively engaging with numerous businesses throughout the year, the foundation fosters economic growth and development within the city. Its mission focuses on elevating Cleburne's profile in the competitive economic landscape, attracting potential investors, and enhancing community opportunities. The efforts contribute significantly to improving the local economy, creating jobs, and supporting the overall vitality of the community. Through strategic outreach and promotional activities, the foundation helps establish Cleburne as an attractive destination for investment and business development.




This information is meant to be a general summary of Cleburne Economic Development Foundation Inc. 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
$990,997 (2023)
Expenses
$147,267 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $96,189
  • Program Service Revenue: $47,581
  • Gross Receipts: $1,294,171

Assets and Liabilities:

  • Total Assets: $6,579,336
  • Total Liabilities: $0
  • Net Assets: $6,579,336

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Fees & Contracts Gov Agencies

Revenue

$36,667

Membership Dues & Assessments

Revenue

$9,100

ROYALTIES

Revenue

$1,814

Organization Details

Founding Year

1963

Principal Officer

Jerry Cash

Main Address

1511 W Henderson, Cleburne, TX, 76033

NTEE Category

Code: S30 - Community improvement

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