Cosmos Industries Inc

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

EIN: 363611084 ✦ Cosmos, MN ✦ Designated as a 501(c)(4)

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Overview

What is Cosmos Industries Inc?

Cosmos Industries Inc, situated within the community, functions as a nonprofit organization with a focus on urban, community economic development. Their primary mission is to foster growth within the Cosmos community, achieving this goal by actively promoting and developing opportunities for expansion. By serving as a catalyst for community development, Cosmos Industries contributes significantly to the betterment of the area it serves.

Is Cosmos Industries Inc legitimate?

Cosmos Industries Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cosmos Industries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cosmos Industries Inc?

Cosmos Industries Inc. strives to foster community growth by serving as an urban, community economic development organization. Their mission involves facilitating development and promoting expansion within the Cosmos community, aiming to contribute positively to its overall progress. Their activities are geared towards promoting economic growth and development, thereby enhancing the community's well-being and quality of life.

What is the revenue of Cosmos Industries Inc?

Cosmos Industries Inc's revenue in 2023 was $112,976.

Who are the executives of Cosmos Industries Inc and what are their salaries?

There 7 volunteers at Cosmos Industries Inc.

Here are 7 key members and their salaries:


Doug Adam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Blum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Lang (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Lietzau (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Martin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Meyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Studemann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cosmos Industries Inc?

Cosmos Industries Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cosmos Industries Inc

Cosmos Industries Inc, as an urban community economic development organization, is dedicated to fostering growth within its community. The mission of this nonprofit is to cultivate and advocate for the expansion of opportunities within the Cosmos community. By promoting the development of its own community, Cosmos Industries aims to contribute to its overall growth and well-being.

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Impact




October, 2024

Cosmos Industries Inc plays a pivotal role in enhancing the quality of life within the Cosmos community by focusing on urban and economic development initiatives. By actively promoting growth, the organization facilitates various programs and projects that foster community improvement. Their efforts not only aim to boost local economic activity but also to create a supportive environment for residents and businesses alike. This commitment to community development helps to strengthen social ties, enhance public spaces, and create opportunities for engagement and collaboration among local stakeholders. Ultimately, Cosmos Industries is instrumental in driving positive change and fostering a thriving, resilient community in Cosmos, MN.




This information is meant to be a general summary of Cosmos Industries 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.

Revenue
$112,976 (2023)
Expenses
$6,348 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,757
  • Gross Receipts: $201,039

Assets and Liabilities:

  • Total Assets: $1,442,265
  • Total Liabilities: $203,026
  • Net Assets: $1,239,239

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Organization Details

Founding Year

1988

Principal Officer

Gary Martin

NTEE Category

Code: S31 - Community improvement

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