Overview
What is Natchez Inc?
Natchez Inc, based in Natchez, Mississippi, is a nonprofit organization dedicated to boosting economic growth in the city and Adams County. They accomplish this by engaging in collaborative initiatives with both public and private sectors. Their primary focus is on fostering commercial, industrial, agricultural, and civic development through various means, such as recruiting businesses nationally and internationally, promoting tourism, and offering assistance to new ventures and existing businesses. In fiscal year 2019, they successfully brought in a new industrial partner and initiated several promising projects. Their work also includes supporting minority businesses within the community.
Official website here: www.natchezinc.com
Is Natchez Inc legitimate?
Natchez Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Natchez 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:
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Other Salaries and Wages: $247,835
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Official website here: www.natchezinc.com
What is the mission statement of Natchez Inc?
Natchez Inc's mission is centered around promoting economic development. The organization aims to achieve this by leveraging the collaboration of public and private sectors. In the fiscal year 2019, they successfully recruited a new industrial partner and initiated several promising projects. Their activities encompass national and international business recruitment, tourism promotion, and providing assistance to new businesses, entrepreneurs, and existing businesses, with a focus on supporting minority persons and businesses within the community.
Official website here: www.natchezinc.com
Who is the CEO of Natchez Inc?
Chandler Russ is the Director of Natchez Inc.
Official website here: www.natchezinc.com
What is the revenue of Natchez Inc?
Natchez Inc's revenue in 2022 was $461,977.
Official website here: www.natchezinc.com
Who are the executives of Natchez Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.natchezinc.com
Where can I find the form 990 for Natchez Inc?
Natchez Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.natchezinc.com
Learn more at the official website: www.natchezinc.com
Mission Statement of Natchez Inc
Natchez Inc, a nonprofit organization, is dedicated to promoting economic development in its community. Its primary goal is to enhance the economic prospects of Natchez and Adams County by leveraging the collaboration between public and private sectors. In the fiscal year 2019, Natchez Inc succeeded in attracting a new industrial partner, marking a significant milestone. Furthermore, the organization initiated several promising projects, indicating its ongoing commitment to economic growth and development. Natchez Inc achieves this mission by engaging in national and international business recruitment, promoting tourism, and offering technical assistance to new businesses, entrepreneurs, and existing companies. The organization also focuses on providing specialized programs and assistance to minority persons and businesses within the community.
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Impact
October, 2024
Natchez Inc plays a crucial role in fostering economic development in Natchez and Adams County by leveraging both public and private support. With a mission centered on enhancing opportunities for commercial, industrial, agricultural, and civic interests, the organization actively works to attract new businesses and bolster existing ones.
Through targeted national and international recruitment efforts, Natchez Inc has successfully brought new industrial partners to the area, demonstrating its effectiveness in stimulating local economic growth. In addition to business recruitment, the organization promotes tourism and provides technical assistance to entrepreneurs and established businesses, ensuring that support extends across the community.
Particularly noteworthy is the focus on developing programs to assist minority-owned businesses, highlighting an inclusive approach to economic development. The combination of these initiatives not only strengthens the local economy but also contributes to the overall community improvement, making Natchez a more vibrant and competitive place for both businesses and residents.
This information is meant to be a general summary of Natchez 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $665
- Program Service Revenue: $10,139
- Gross Receipts: $461,977
Assets and Liabilities:
- Total Assets: $588,433
- Total Liabilities: $166,686
- Net Assets: $421,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Income
Revenue
$10,139
Organization Details
Founding Year
2009
Phone
(601) 445-0288Principal Officer
Chandler Russ
Main Address
100 South Pearl, Natchez, MS, 39120
Website
www.natchezinc.comNTEE Category
Code: S41 - Community improvement
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