Overview
What is Knox County Development Corporation?
The Knox County Development Corporation, situated in Galesburg, Illinois, is a nonprofit organization with a mission to foster economic growth in the Knox County area. They achieve this by developing and promoting business parks, selling the land to businesses. This strategic approach aims to stimulate economic development within the region, thereby contributing positively to its overall prosperity.
Is Knox County Development Corporation legitimate?
Knox County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Knox County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Knox County Development Corporation?
The Knox County Development Corporation's mission is centered around fostering economic growth. Specifically, their goal is to promote economic development within Knox County, Illinois. To achieve this, they invest in and develop business parks. The developed land is then marketed and sold to businesses, aiming to stimulate economic activity in the area. The corporation's actions are geared towards enhancing the local economy and creating opportunities for businesses to thrive.
Who is the CEO of Knox County Development Corporation?
Kenneth Springer is the Director of Knox County Development Corporation.
What is the revenue of Knox County Development Corporation?
Knox County Development Corporation's revenue in 2022 was $20,972.
Who are the executives of Knox County Development Corporation and what are their salaries?
Here are 11 key members and their salaries:
- 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
Where can I find the form 990 for Knox County Development Corporation?
Knox County Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Knox County Development Corporation
Knox County Development Corporation, a nonprofit organization, is committed to fostering economic growth in Knox County, Illinois. Its primary mission is to promote economic development within the region. To accomplish this, the corporation invests in and develops a business park. The developed land is then marketed and sold to businesses, with the ultimate goal of stimulating economic activity in the Knox County, Illinois, area. By attracting businesses to the park, the corporation contributes to the local economy, providing opportunities for job creation and community development.
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
Knox County Development Corporation plays a vital role in promoting economic development in Knox County, Illinois. By focusing on the investment and development of a business park, the organization facilitates the growth of local businesses and attracts new enterprises to the region. This initiative not only enhances job opportunities and boosts the local economy but also creates a thriving business environment that encourages community improvement. The developed land is marketed and sold to businesses, further stimulating economic activity and contributing to the overall vitality of the Knox County area.
This information is meant to be a general summary of Knox County 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: $26
- Program Service Revenue: $20,946
- Gross Receipts: $20,972
Assets and Liabilities:
- Total Assets: $1,209,299
- Total Liabilities: $287,954
- Net Assets: $921,345
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.
FARM LAND
Revenue
$19,202
LAND SALE
Revenue
$1,744
Organization Details
Founding Year
1977
Phone
(309) 343-1194Principal Officer
Kenneth Springer
Main Address
200 E MAIN ST STE 200, GALESBURG, IL, 61401
NTEE Category
Code: S30 - Community improvement
If you are a representative of Knox County Development Corporation 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.