Kane Area Industrial Development Corporation

Kaidc

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

EIN: 251420090 ✦ Kane, PA ✦ Designated as a 501(c)(4)

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Overview

What is Kane Area Industrial Development Corporation?

The Kane Area Industrial Development Corporation, abbreviated as KAIDC, is a nonprofit organization situated in Kane, Pennsylvania. With a single employee, their primary mission is to facilitate cooperative projects, exchange of industrial information, and encourage intercommunity cooperation for the economic development and betterment of the served area. To achieve this, KAIDC actively assists in recruiting new businesses and industries to the region, and works collaboratively with existing ones to retain their presence and stimulate future growth. Their operations are based at 63 N Fraley St, Suite 101.


Official website here: www.kanepa.com/kaidc

Is Kane Area Industrial Development Corporation legitimate?

Kane Area Industrial Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Kane Area Industrial Development Corporation 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: $45,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kanepa.com/kaidc

What is the mission statement of Kane Area Industrial Development Corporation?

The Kane Area Industrial Development Corporation's mission is centered around assisting in the attraction of new businesses and industries, as well as working with existing ones to ensure their continued presence and potential for growth. This organization serves as a platform for cooperative projects, fostering the exchange of ideas, and promoting inter-community cooperation. Furthermore, it plays a significant role in disseminating industrial information, contributing to the economic development and betterment of the served area.


Official website here: www.kanepa.com/kaidc

Who is the CEO of Kane Area Industrial Development Corporation?

Steve Tunall is the President of Kane Area Industrial Development Corporation.


Official website here: www.kanepa.com/kaidc

What is the revenue of Kane Area Industrial Development Corporation?

Kane Area Industrial Development Corporation's revenue in 2022 was $55,754.


Official website here: www.kanepa.com/kaidc

Who are the executives of Kane Area Industrial Development Corporation and what are their salaries?

The average compensation at Kane Area Industrial Development Corporation during 2022 was $45,115. There is 1 employee and 11 volunteers at Kane Area Industrial Development Corporation.


Here are 12 key members and their salaries:


Steve Tunall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Rhodes (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Zook Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Perry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Kocjancic (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Kase (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Kocjancic (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Payne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Geer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norm Strotman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannine Kloss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Kennedy (Executive Di)
  • Compensation: $39,655
  • Related: $0
  • Other: $5,460


Official website here: www.kanepa.com/kaidc

Where can I find the form 990 for Kane Area Industrial Development Corporation?

Kane Area Industrial Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kanepa.com/kaidc

Learn more at the official website: www.kanepa.com/kaidc

Mission Statement of Kane Area Industrial Development Corporation

The Kane Area Industrial Development Corporation, in essence, is dedicated to facilitating the arrival of new businesses and industries within its scope. Moreover, it actively collaborates with existing businesses to preserve their current operations and stimulate future growth. This organization serves as a medium for collaborative projects, exchanging ideas, and fostering intercommunity cooperation. It also promotes the sharing of industrial information, contributing to the economic development and enhancement of the area it serves.

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Impact




October, 2024

Kane Area Industrial Development Corporation significantly impacts local economic development by focusing on the recruitment of new businesses and the retention of existing ones. This organization facilitates cooperative projects and encourages the exchange of ideas among community members and businesses, fostering a collaborative environment for economic growth. By providing access to vital industrial information, it helps streamline processes for both new and established industries, ensuring the sustainability and enhancement of the regional economy. Through its efforts, Kane Area Industrial Development Corporation contributes to the overall betterment of the area, promoting community improvement and long-term prosperity.




This information is meant to be a general summary of Kane Area Industrial Development Corporation. 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
$55,754 (2022)
Expenses
$53,838 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,754
  • Gross Receipts: $108,808

Assets and Liabilities:

  • Total Assets: $1,357,337
  • Total Liabilities: $19,030
  • Net Assets: $1,338,307

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Organization Details

Founding Year

1957

Principal Officer

Steve Tunall

Main Address

63 N FRALEY ST SUITE 101, KANE, PA, 16735

NTEE Category

Code: S30 - Community improvement

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