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Community Improvement Corporation Of Fostoria Ohio

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

EIN: 263172960 ✦ Fostoria, OH ✦ Designated as a 501(c)(3)

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Overview

What is Community Improvement Corporation Of Fostoria Ohio?

The Community Improvement Corporation of Fostoria Ohio is a not-for-profit organization, functioning as a dual Community Improvement Corporation (CIC). Its primary objective is to stimulate and support industrial, economic, commercial, and research development within its community and county. The corporation's mission is centered around retaining, expanding, and attracting capital investment and job opportunities in Fostoria, Ohio. To achieve this, the CIC employs various strategies, including utilizing local, state, and federal financial assistance, tax incentives, and providing training/technical assistance. The ultimate goal is to foster growth and development in the community of Fostoria, Ohio.

Is Community Improvement Corporation Of Fostoria Ohio legitimate?

Community Improvement Corporation Of Fostoria Ohio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Improvement Corporation Of Fostoria Ohio 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: $0

For more financial information, click here

What is the mission statement of Community Improvement Corporation Of Fostoria Ohio?

The Community Improvement Corporation, serving as a dual authorized entity, was established with the objective of advancing, encouraging, and promoting industrial, economic, commercial, and research development in its community and county. Its mission is centered around retaining, expanding, and attracting capital investment and job opportunities. To accomplish this, the corporation utilizes various strategies, including the promotion of local, state, and federal financial assistance, tax incentives, and offering training and technical assistance.

What is the revenue of Community Improvement Corporation Of Fostoria Ohio?

Community Improvement Corporation Of Fostoria Ohio's revenue in 2023 was $232,577.

Who are the executives of Community Improvement Corporation Of Fostoria Ohio and what are their salaries?

There 6 volunteers at Community Improvement Corporation Of Fostoria Ohio.

Here are 6 key members and their salaries:


Ronald Burns (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Keckler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ford Mennel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Reineke (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Community Improvement Corporation Of Fostoria Ohio?

Community Improvement Corporation Of Fostoria Ohio's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Community Improvement Corporation Of Fostoria Ohio

The Community Improvement Corporation of Fostoria Ohio, functioning as a dual Community Improvement Corporation (CIC), is organized with the primary objective of fostering and promoting industrial, economic, commercial, and research development within its community and county. This not-for-profit corporation's mission is centered around retaining, expanding, and attracting capital investment and job opportunities within the community of Fostoria, Ohio. To achieve this mission, the organization employs various strategies, including the utilization of local, state, and federal financial assistance, tax incentives, and training/technical assistance. The ultimate goal is to stimulate growth and development within the community, ultimately benefiting its residents and businesses.

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Impact




August, 2024

The Community Improvement Corporation of Fostoria, Ohio, plays a pivotal role in advancing, encouraging, and promoting industrial, economic, commercial, and research development in the community and county. By strategically leveraging local, state, and federal financial assistance, tax incentives, and training/technical assistance, the CIC aims to retain, expand, and attract capital investment and job opportunities to Fostoria, Ohio. Through these efforts, the CIC actively contributes to the growth and prosperity of the community by creating a conducive environment for business development and economic progress.




This information is meant to be a general summary of Community Improvement Corporation Of Fostoria Ohio. 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
$232,577 (2023)
Expenses
$49,647 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,368
  • Gross Receipts: $1,617,729

Assets and Liabilities:

  • Total Assets: $2,149,846
  • Total Liabilities: $1,382,727
  • Net Assets: $767,119

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Organization Details

Founding Year

2010

Principal Officer

Renee Smith

NTEE Category

Code: S31 - Community improvement

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