Overview
What is Stanton Area Industrial Foundation Inc?
Stanton Area Industrial Foundation Inc is a nonprofit organization situated in Stanton, Iowa. Their primary mission is to bolster their community by engaging in speculative housing projects and promoting business and industry development. They achieve this by renovating houses and buildings for either rental or sale opportunities. This approach to community development aims to create a thriving environment that benefits the residents of Stanton.
Is Stanton Area Industrial Foundation Inc legitimate?
Stanton Area Industrial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Stanton Area Industrial Foundation 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.
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What is the mission statement of Stanton Area Industrial Foundation Inc?
The Stanton Area Industrial Foundation Inc's mission is centered around supporting its community. This is achieved through several avenues, including the development of speculative housing and lots, as well as promoting local businesses and industries. The organization's activities extend to renovating houses and buildings, offering rental or purchase opportunities to contribute to community growth and development.
What is the revenue of Stanton Area Industrial Foundation Inc?
Stanton Area Industrial Foundation Inc's revenue in 2024 was $75,269.
Who are the executives of Stanton Area Industrial Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Stanton Area Industrial Foundation Inc?
Stanton Area Industrial Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Stanton Area Industrial Foundation Inc
Stanton Area Industrial Foundation Inc is committed to supporting its community in a unique manner. Their mission, as stated, involves promoting business and industry, as well as engaging in speculative housing and lot development. This means they actively seek opportunities to renovate houses and buildings for rental or purchase, contributing to the community's housing market. By doing so, they help stimulate economic growth and provide potential living spaces for the community's residents. The foundation's activities aim to enhance the community's overall well-being, making it a more vibrant and thriving place.
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Impact
October, 2024
The Stanton Area Industrial Foundation Inc plays a vital role in enhancing the community by focusing on speculative housing, lot development, and the promotion of business and industry. Through the renovation of houses and buildings, the foundation creates valuable rental and purchase opportunities for residents. This not only improves the local housing market but also contributes to the overall aesthetic and economic vitality of Stanton, IA. By fostering business growth and industry, the foundation supports job creation and economic stability, ultimately leading to a stronger and more vibrant community.
This information is meant to be a general summary of Stanton Area Industrial Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $622
- Gross Receipts: $82,922
Assets and Liabilities:
- Total Assets: $373,533
- Total Liabilities: $156,514
- Net Assets: $217,019
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Organization Details
Founding Year
1992
Principal Officer
Steve Bruning
NTEE Category
Code: S31 - Community improvement
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