Overview
What is Lee County Industrial Dev Association?
Lee County Industrial Dev Association is a nonprofit organization situated in Sterling, Illinois, specifically at 403 East Third Street. Their primary mission is to foster, develop, and facilitate industrial, commercial, and business enterprises within Lee County, Illinois. This includes aiding in the retention and expansion of existing businesses in the area. Their activities are centered around enhancing the business climate of Lee County and the surrounding region, thereby encouraging industries to establish their operations in the area. They achieve this by paying expenses that serve to encourage development in the Lee County area.
Official website here: www.dixonillinoischamber.org
Is Lee County Industrial Dev Association legitimate?
Lee County Industrial Dev Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lee County Industrial Dev Association 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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Official website here: www.dixonillinoischamber.org
What is the mission statement of Lee County Industrial Dev Association?
The Lee County Industrial Dev Association is established with the primary objective of promoting, developing, and facilitating industrial, commercial, and business enterprises. This association operates with a mission to aid in the retention and expansion of existing businesses within the region. Additionally, the organization strives to improve the business climate by encouraging industries to establish operations in the area. To achieve these goals, the association may pay for expenses that contribute to the development in the Lee County area.
Official website here: www.dixonillinoischamber.org
What is the revenue of Lee County Industrial Dev Association?
Lee County Industrial Dev Association's revenue in 2023 was $138,337.
Official website here: www.dixonillinoischamber.org
Who are the executives of Lee County Industrial Dev Association and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.dixonillinoischamber.org
Where can I find the form 990 for Lee County Industrial Dev Association?
Lee County Industrial Dev Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dixonillinoischamber.org
Learn more at the official website: www.dixonillinoischamber.org
Mission Statement of Lee County Industrial Dev Association
The Lee County Industrial Dev Association, abbreviated as LCIDA, is organized with a primary mission to foster, develop, and facilitate industrial, commercial, and business enterprises in Lee County, Illinois. Its primary objective is to aid in the retention and expansion of existing businesses within the region. Besides this, the LCIDA strives to enhance the business climate of Lee County, Illinois, and its surrounding areas by encouraging industries to establish operations in the area. This mission is aimed at promoting economic growth and development in the region.
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Impact
October, 2024
The Lee County Industrial Development Association (LCIDA) plays a vital role in enhancing the business landscape of Lee County, Illinois. By actively promoting and facilitating industrial, commercial, and business enterprises, the LCIDA helps attract new industries to the area while also focusing on the retention and expansion of existing businesses.
Its efforts contribute to the overall economic vitality of the region, fostering a more favorable business climate that benefits both new and established companies. This, in turn, can lead to job creation, increased commerce, and a more robust local economy. Through targeted initiatives and strategic partnerships, the LCIDA encourages development and investment, ultimately improving the quality of life for residents in Lee County and its surrounding areas.
This information is meant to be a general summary of Lee County Industrial Dev Association. 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: $21,232
- Gross Receipts: $138,337
Assets and Liabilities:
- Total Assets: $1,010,477
- Total Liabilities: $0
- Net Assets: $1,010,477
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Organization Details
Founding Year
1960
Principal Officer
Tom Demmer
Website
www.dixonillinoischamber.orgNTEE Category
Code: S31 - Community improvement
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