Overview
What is Taylorville Development Associ?
Taylorville Development Associates is a nonprofit organization situated in Taylorville, Illinois. Their primary mission is to foster business and economic growth within the community. They accomplish this by focusing on the development of an industrial park, which they believe will significantly benefit Taylorville. The organization works diligently to promote and enhance the local economy, contributing to its overall development and prosperity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This score reflects a focus solely on Accountability & Finance, indicating that financial practices and governance are the primary considerations for the rating. While a two-star rating suggests room for improvement, the organization's financial indicators are strong.
The Taylorville Development Association boasts a perfect score in several key areas, including having a fully independent board and no material asset diversions, which suggests strong governance practices. They also effectively document board meeting minutes and maintain a favorable liabilities to assets ratio, indicating sound financial health and transparency.
However, the overall score being based exclusively on one beacon implies that there may be limitations in evaluating other important aspects of the organization, such as program effectiveness or community impact. Potential donors may want to consider this when deciding on their support.
This AI summary has been generated from information found on Charity Navigator.
Is Taylorville Development Associ legitimate?
Taylorville Development Associ is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taylorville Development Associ 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.
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What is the mission statement of Taylorville Development Associ?
The mission of the development association, referred to as Taylorville Development Associ, is centered around fostering business and economic growth. Their primary focus is on developing an industrial park, with the ultimate goal of benefiting the community as a whole. By promoting business growth, they aim to enhance the overall economic health of the community, contributing to its prosperity and development.
Who is the CEO of Taylorville Development Associ?
Robert Steiner is the President of Taylorville Development Associ.
What is the revenue of Taylorville Development Associ?
Taylorville Development Associ's revenue in 2023 was $130,207.
Who are the executives of Taylorville Development Associ and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Taylorville Development Associ?
Taylorville Development Associ's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Taylorville Development Associ
Taylorville Development Associates is dedicated to fostering business and economic growth in its realm. With a strong focus, this organization aims to develop an industrial park, serving as a catalyst for community enhancement. The mission of Taylorville Development Associates is centered around the improvement of the local economy by attracting and nurturing businesses, ultimately benefiting the community as a whole.
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Impact
October, 2024
Taylorville Development Associ plays a crucial role in fostering business and economic growth in Taylorville, IL. By focusing on the development of an industrial park, it aims to enhance the local economy and provide opportunities for job creation. This effort not only stimulates economic activity but also contributes to community improvement by attracting new businesses and investments. The organization’s commitment to developing infrastructure and supporting local enterprises helps create a vibrant, sustainable economic environment that benefits residents and the community as a whole.
This information is meant to be a general summary of Taylorville Development Associ. 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 2023.
- Investment Income: $71,327
- Gross Receipts: $208,880
Assets and Liabilities:
- Total Assets: $1,375,357
- Total Liabilities: $634,715
- Net Assets: $740,642
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Organization Details
Principal Officer
Robert Steiner
Main Address
911 W SPRESSER ST, TAYLORVILLE, IL, 62568
NTEE Category
Code: S30 - Community improvement
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