Overview
What is Jackson County Industrial Development Corporation?
The Jackson County Industrial Development Corporation, located in Seymour, Indiana, is a nonprofit organization dedicated to fostering growth and development in Jackson County. They collaborate with local government and civic bodies to generate additional employment opportunities and facilities within the area. Their mission is to contribute to the advancement of projects, ultimately enhancing the economic landscape of Jackson County, Indiana. The corporation, with a team of seven employees, works tirelessly to achieve these objectives.
Official website here: www.jcidc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Jackson County Industrial Development Corporation has earned a 77% score, reflecting a strong emphasis on accountability and financial practices. The organization boasts a fully independent board, with 29 independent members and robust governance policies, including a conflict of interest policy and a whistleblower policy. The fiscal health is solid, as indicated by a low liabilities-to-assets ratio of 1.63%, and the organization allocates a substantial 75.55% of its expenses directly toward programs.
While the organization presents a favorable profile with no material diversion of assets and transparency in board meeting documentation, the reliance on a single beacon score does highlight a limitation in assessing its overall impact or effectiveness beyond financial accountability. The salary of key personnel, such as the Executive Director earning $144,561, may raise questions regarding compensation practices relative to mission fulfillment.
Overall, the Jackson County Industrial Development Corporation demonstrates strong financial stewardship and governance, making it a reliable option for potential donors seeking to support a nonprofit with a commitment to accountability. However, there is room for further evaluation of its programmatic effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Jackson County Industrial Development Corporation legitimate?
Jackson County Industrial Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jackson County 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: $183,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,854
For more financial information, click here
Official website here: www.jcidc.com
What is the mission statement of Jackson County Industrial Development Corporation?
The Jackson County Industrial Development Corporation's mission is to assist in the development of projects, in collaboration with local government and civic bodies. Their primary objective is to secure additional employment opportunities and facilities within Jackson County. This organization works towards fostering cooperation and growth, ultimately contributing to the economic development of the area.
Official website here: www.jcidc.com
Who is the CEO of Jackson County Industrial Development Corporation?
James M Plump is the President of Jackson County Industrial Development Corporation.
Official website here: www.jcidc.com
What is the revenue of Jackson County Industrial Development Corporation?
Jackson County Industrial Development Corporation's revenue in 2022 was $581,772.
Official website here: www.jcidc.com
Who are the executives of Jackson County Industrial Development Corporation and what are their salaries?
The average compensation at Jackson County Industrial Development Corporation during 2022 was $46,514. There are 7 employees and 29 volunteers at Jackson County Industrial Development Corporation.
Here are 30 key members and their salaries:
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- Compensation: $144,561
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- Other: $39,182
Official website here: www.jcidc.com
Where can I find the form 990 for Jackson County Industrial Development Corporation?
Jackson County Industrial Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jcidc.com
Learn more at the official website: www.jcidc.com
Mission Statement of Jackson County Industrial Development Corporation
The Jackson County Industrial Development Corporation is dedicated to assisting in the development of projects in collaboration with local government and civic bodies. Their primary objective is to secure additional employment opportunities and facilities within Jackson County, Indiana. By working closely with these entities, the corporation aims to contribute to the economic growth and development of the region, ultimately providing more employment prospects for the community.
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Impact
July, 2024
Jackson County Industrial Development Corporation plays a crucial role in fostering economic growth and creating job opportunities in Jackson County, Indiana. By collaborating with local government and civic bodies, this organization works to develop projects that bring new facilities and additional employment opportunities to the area. Their efforts directly contribute to the improvement of the community by driving economic development and enhancing the lives of residents in Jackson County.
This information is meant to be a general summary of Jackson County 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,730
- Program Service Revenue: $4,500
- Gross Receipts: $581,772
Assets and Liabilities:
- Total Assets: $850,104
- Total Liabilities: $13,903
- Net Assets: $836,201
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS INCOME
Revenue
$4,500
Organization Details
Founding Year
1984
Phone
(812) 522-4951Principal Officer
James M Plump
Main Address
PO BOX 783, SEYMOUR, IN, 47274
Website
www.jcidc.comNTEE Category
Code: S20Z - Community improvement
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