Overview
What is Armstrong County Industrial Development Council?
The Armstrong County Industrial Development Council is a nonprofit organization situated in Kittanning, Pennsylvania. With a primary focus on promoting economic growth, this organization dedicates its efforts towards supporting and assisting emerging or expanding businesses within Armstrong County. Their mission encompasses fostering a conducive environment for business development, aiming to drive local economic prosperity and create opportunities for sustainable growth within the community.
Official website here: www.armstrongidc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Armstrong County Industrial Development Council has received an overall score of 84%, reflecting a solid commitment to accountability and financial practices. The rating is based entirely on their performance in Accountability & Finance, where they excelled in several areas including the composition of their board and the absence of material diversion of assets.
Strengths of the organization include a fully independent board and a strong program expense ratio, indicating that a significant majority of their funds are directed towards their mission-related activities. However, there are notable limitations, particularly the absence of key governance policies such as a conflict of interest policy, whistleblower policy, and document retention policy. Additionally, their tax forms are not posted on their website as required, which may hinder transparency.
Overall, while the Armstrong County Industrial Development Council demonstrates effective financial management and a commitment to their programs, improvements in governance policies and transparency would enhance their accountability and potentially elevate their rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Armstrong County Industrial Development Council legitimate?
Armstrong County Industrial Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armstrong County Industrial Development Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,000
For more financial information, click here
Official website here: www.armstrongidc.org
What is the mission statement of Armstrong County Industrial Development Council?
The Armstrong County Industrial Development Council is dedicated to fostering economic growth and providing assistance to emerging or expanding businesses within its jurisdiction. Its mission is geared towards promoting economic development, aiming to create a conducive environment for businesses to thrive and grow. The council's activities are centered around supporting these businesses, enabling them to expand their operations and contribute positively to the local economy.
Official website here: www.armstrongidc.org
Who is the CEO of Armstrong County Industrial Development Council?
Darin Alviano is the Executive Di of Armstrong County Industrial Development Council.
Official website here: www.armstrongidc.org
What is the revenue of Armstrong County Industrial Development Council?
Armstrong County Industrial Development Council's revenue in 2022 was $734,767.
Official website here: www.armstrongidc.org
Who are the executives of Armstrong County Industrial Development Council and what are their salaries?
There 9 volunteers at Armstrong County Industrial Development Council.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.armstrongidc.org
Where can I find the form 990 for Armstrong County Industrial Development Council?
Armstrong County Industrial Development Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.armstrongidc.org
Learn more at the official website: www.armstrongidc.org
Mission Statement of Armstrong County Industrial Development Council
The Armstrong County Industrial Development Council, as a prominent entity, is dedicated to fostering economic growth and aiding emerging or expanding businesses within Armstrong County. Its mission is twofold: firstly, it seeks to promote economic development in the region; and secondly, it offers assistance to businesses looking to establish or expand their operations within the county. By fostering a conducive business environment, the council plays a significant role in driving the economic growth of Armstrong County.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Armstrong County Industrial Development Council (ACIDC) plays a crucial role in fostering economic development and supporting both emerging and expanding businesses in Armstrong County, Pennsylvania. By promoting local economic growth, the ACIDC enhances job creation, increases investment in the region, and stimulates community improvement.
Through targeted initiatives, the Council assists businesses in navigating challenges and leveraging opportunities, contributing to a vibrant and sustainable economic landscape. The efforts of the ACIDC not only strengthen individual enterprises but also lead to broader community benefits, ultimately enhancing the quality of life for residents and fostering a robust local economy.
This information is meant to be a general summary of Armstrong County Industrial Development Council. 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: $14,328
- Program Service Revenue: $200,000
- Gross Receipts: $734,767
Assets and Liabilities:
- Total Assets: $7,174,983
- Total Liabilities: $2,174,496
- Net Assets: $5,000,487
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT REIMBURSEMENT
Revenue
$200,000
Organization Details
Founding Year
1968
Phone
(724) 548-1500Principal Officer
Darin Alviano
Main Address
402 MARKET STREET, KITTANNING, PA, 16201
Website
www.armstrongidc.orgNTEE Category
Code: S31 - Community improvement
If you are a representative of Armstrong County Industrial Development Council and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.