Overview
What is Mattoon Area Industrial Development?
Mattoon Area Industrial Development, or MAID, is a nonprofit organization situated in Mattoon, Illinois. Their primary mission is to foster and encourage business and industrial growth within the corporate limits of the city. In line with this, they are currently considering supporting a $60 million sports facility project in the Mattoon community to stimulate future economic development. The organization's goal is to aid and assist in the industrial and commercial welfare and growth of Mattoon, as well as the businesses and industries located within the city.
Is Mattoon Area Industrial Development legitimate?
Mattoon Area Industrial Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mattoon Area Industrial Development 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 Mattoon Area Industrial Development?
The Mattoon Area Industrial Development's mission is centered around promoting and fostering business and industrial growth within its jurisdiction. This organization strives to encourage, support, and aid in the economic welfare and growth of businesses located within its area of influence. The primary goal is to contribute to the overall industrial and commercial prosperity of the community. Currently, the Mattoon Area Industrial Development Board is actively considering pledging support for a significant $60 million sports facility project, with the intention of spurring future economic development.
Who is the CEO of Mattoon Area Industrial Development?
Alex Hagen is the President of Mattoon Area Industrial Development.
What is the revenue of Mattoon Area Industrial Development?
Mattoon Area Industrial Development's revenue in 2022 was $12,400.
Who are the executives of Mattoon Area Industrial Development and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Mattoon Area Industrial Development?
Mattoon Area Industrial Development's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mattoon Area Industrial Development
Mattoon Area Industrial Development, or MAID, is an organization with a mission to actively encourage, promote, aid, and assist the industrial and commercial economic welfare and growth of a city. Specifically, their focus is on the city of Mattoon, Illinois. This nonprofit organization seeks to support and boost the businesses and industries within Mattoon, aiming to contribute to its overall economic development.
In line with this mission, MAID is currently looking to pledge financial support to a substantial $60 million sports facility within the Mattoon community. This initiative is expected to spur further economic development in the future. By investing in such a facility, MAID aims to attract more businesses and industries to the city, potentially creating new job opportunities and stimulating local economic growth. This proactive approach to economic development reflects MAID's commitment to the well-being and progress of its city and its industries.
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Impact
October, 2024
Mattoon Area Industrial Development plays a crucial role in fostering business and industrial growth within the corporate limits of Mattoon, Illinois. The organization is actively involved in initiatives such as supporting a significant $60 million sports facility aimed at driving economic development in the community. This strategic investment is expected to not only enhance local infrastructure but also attract visitors and create new job opportunities, contributing to the overall economic welfare of the area.
By encouraging and assisting in the growth of both industrial and commercial ventures, Mattoon Area Industrial Development directly impacts the local economy. The board’s focus on promoting a thriving business environment helps strengthen the industrial base and improve community services, ultimately leading to a better quality of life for residents. Their efforts are designed to sustain long-term economic prosperity, making Mattoon a more attractive location for businesses and families alike.
This information is meant to be a general summary of Mattoon Area Industrial Development. 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: $12,400
- Gross Receipts: $12,400
Assets and Liabilities:
- Total Assets: $833,698
- Total Liabilities: $0
- Net Assets: $833,698
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Organization Details
Founding Year
1963
Phone
(217) 235-4747Principal Officer
Alex Hagen
Main Address
613 BROADWAY AVENUE, MATTOON, IL, 61938
NTEE Category
Code: S31 - Community improvement
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