New Hampton Industrial Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420982072 ✦ New hampton, IA ✦ Designated as a 501(c)(4)

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Overview

What is New Hampton Industrial Corporation?

New Hampton Industrial Corporation is a nonprofit organization located in New Hampton, Iowa, specifically at 310 Croell Drive. Their primary focus is on promoting and supporting economic development within the community. This includes assisting local nonprofits, such as expanding day care services, as well as recruiting new businesses and aiding in the expansion of existing ones. The organization's mission is geared towards fostering a thriving economic landscape in the area.

Is New Hampton Industrial Corporation legitimate?

New Hampton Industrial Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Hampton Industrial 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 New Hampton Industrial Corporation?

The New Hampton Industrial Corporation's mission revolves around fostering economic growth. Specifically, they focus on attracting new businesses and encouraging the expansion of existing ones. This proactive approach to economic development is aimed at bolstering the local economy and creating opportunities for growth within the community. An example of their work in action is their assistance to a local non-profit in expanding their day care services.

Who is the CEO of New Hampton Industrial Corporation?

Unavailable

What is the revenue of New Hampton Industrial Corporation?

New Hampton Industrial Corporation's revenue in 2022 was $59,273.

Who are the executives of New Hampton Industrial Corporation and what are their salaries?

There 30 volunteers at New Hampton Industrial Corporation.


Here are 27 key members and their salaries:


City Of New Hampton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hr Block (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geerts Plumbng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
State Bank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Croell Redimix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mercy Medical Center (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
First Citizens Bank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hacker Nelson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nh Metal Fab (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rochford Insurance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Realtor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Realtor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Employer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trimark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugeback Johnson Funeral Home (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luana Savings Bank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bank Iowa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geers Plumbing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mercy One Hospital (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Office World (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
New Hampton Schools (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nh Light Plant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Of New Hampton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soy Basics (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cedar Valley Reality (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fedielity Bank And Trust (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Homeland Energy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Hampton Industrial Corporation?

New Hampton Industrial Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Hampton Industrial Corporation

New Hampton Industrial Corporation, a notable entity, is dedicated to fostering economic growth and development. Their primary focus lies in attracting new businesses and facilitating the expansion of existing ones. By doing so, they aim to bolster the local economy and create opportunities for growth and prosperity. In one instance, they extended their support to a local non-profit organization, assisting in the expansion of their daycare services. This illustrates their commitment to community development and their role in promoting sustainable economic growth.

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Impact




October, 2024

New Hampton Industrial Corporation plays a significant role in fostering economic development in New Hampton, Iowa. By actively promoting and supporting the recruitment of new businesses as well as the expansion of existing enterprises, it helps create a vibrant economic environment. One notable impact is its assistance to local organizations, such as the expansion of day care services, which not only supports families in the community but also contributes to workforce stability. Through these initiatives, the corporation enhances overall community improvement, making New Hampton an attractive place for both businesses and residents.




This information is meant to be a general summary of New Hampton Industrial 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.

Revenue
$59,273 (2022)
201120122013201420152016201720182019202020212022$0$35,000$70,000$105k$140k
Expenses
$45,626 (2022)
201120122013201420152016201720182019202020212022$0$20,000$40,000$60,000$80,000
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,351
  • Gross Receipts: $65,282

Assets and Liabilities:

  • Total Assets: $860,731
  • Total Liabilities: $0
  • Net Assets: $860,731

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Organization Details

Founding Year

1956

Main Address

310 CROELL DRIVE, New Hampton, IA, 50659

NTEE Category

Code: S31 - Community improvement

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