Overview
What is Area Development Foundation Inc?
Area Development Foundation Inc, based in Mount Vernon, Ohio, is a nonprofit organization dedicated to fostering industrial and commercial growth in the local Mount Vernon and Knox County area. With a team of ten dedicated individuals, this organization actively works to promote and aid in the development of businesses, thereby contributing to the region's economic prosperity. While specific programs or initiatives are not specified in the information provided, it is clear that their mission revolves around supporting and strengthening the industrial and commercial sectors within their community.
Official website here: www.knoxadf.com
Is Area Development Foundation Inc legitimate?
Area Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Area Development Foundation 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:
Executive Compensation: $91,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,800
For more financial information, click here
Official website here: www.knoxadf.com
What is the mission statement of Area Development Foundation Inc?
The Area Development Foundation Inc is dedicated to fostering and aiding in the growth of industrial and commercial sectors within its jurisdiction. Its mission is to actively promote and assist in the development of these sectors, contributing to economic growth and prosperity. The organization's activities are geared towards attracting businesses, facilitating their establishment, and supporting their growth, thereby stimulating job creation and enhancing the local economy. The foundation may provide resources, financial assistance, or counseling to businesses, helping them overcome challenges and thrive in their respective industries. In essence, the Area Development Foundation Inc serves as a catalyst for economic development, working towards the betterment of its community.
Official website here: www.knoxadf.com
Who is the CEO of Area Development Foundation Inc?
Jeffrey Gottke is the President of Area Development Foundation Inc.
Official website here: www.knoxadf.com
What is the revenue of Area Development Foundation Inc?
Area Development Foundation Inc's revenue in 2022 was $707,783.
Official website here: www.knoxadf.com
Who are the executives of Area Development Foundation Inc and what are their salaries?
The average compensation at Area Development Foundation Inc during 2022 was $20,580. There are 10 employees at Area Development Foundation Inc.
Here are 15 key members and their salaries:
- Compensation: $91,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.knoxadf.com
Where can I find the form 990 for Area Development Foundation Inc?
Area Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.knoxadf.com
Learn more at the official website: www.knoxadf.com
Mission Statement of Area Development Foundation Inc
The Area Development Foundation Inc is dedicated to driving the advancement and growth of industrial and commercial sectors within its scope, specifically in the Mount Vernon and Knox County area. This nonprofit organization's mission is centered around promoting and facilitating industrial and commercial developments, aiming to contribute positively to its local community. By taking on this role, the Area Development Foundation Inc plays a significant part in fostering economic growth and development in the region.
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
Area Development Foundation Inc plays a vital role in fostering industrial and commercial growth in the Mount Vernon and Knox County area. By promoting and assisting various development initiatives, the organization helps to create a more vibrant local economy, which translates into job creation and enhanced services for the community. Their proactive approach in attracting new businesses and supporting existing ones contributes to a thriving community atmosphere, improving the quality of life for residents. Additionally, Area Development Foundation Inc works to elevate the region's competitiveness, making it an attractive destination for investment and economic activities. Through these efforts, they are instrumental in driving community improvement and long-term sustainability in the area.
This information is meant to be a general summary of Area Development Foundation 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: $17,194
- Program Service Revenue: $127,581
- Gross Receipts: $859,240
Assets and Liabilities:
- Total Assets: $1,436,880
- Total Liabilities: $66,107
- Net Assets: $1,370,773
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.
CPDC Management
Revenue
$50,000
KNOX COUNTY LAND BANK MGT
Revenue
$50,684
REVOLVING LOAN FEE ADMIN.
Revenue
$19,456
Tax Incentive/Abatement
Revenue
$7,441
Organization Details
Founding Year
1962
Phone
(740) 393-3806Principal Officer
Jeffrey Gottke
Main Address
PO BOX 29, MOUNT VERNON, OH, 43050
Website
www.knoxadf.comNTEE Category
Code: S31 - Community improvement
If you are a representative of Area Development Foundation Inc 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.