Overview
What is Hull Industrial Development C/O Kroese & Kroese Pc?
Hull Industrial Development C/O Kroese & Kroese Pc is a community-focused organization based in Sioux Center, Iowa. Their primary mission is to stimulate business growth by constructing, dividing, and selling industrial park lots. Any profits generated from these sales are then utilized for additional development expenses. Furthermore, they engage in membership sales and public relations activities to maintain an active relationship with the community. Hull Industrial Development's objective is to draw new businesses to the community, contributing to its overall economic development.
Is Hull Industrial Development C/O Kroese & Kroese Pc legitimate?
Hull Industrial Development C/O Kroese & Kroese Pc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hull Industrial Development C/O Kroese & Kroese Pc 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 Hull Industrial Development C/O Kroese & Kroese Pc?
Hull Industrial Development, as an organization, is committed to attracting new businesses to a community. They achieve this by developing, dividing, and reselling industrial lots. The proceeds from these sales are utilized for additional development costs. Additionally, Hull Industrial Development offers membership sales and engages in public relations work to maintain community involvement. The primary objective is to stimulate business growth in the area.
Who is the CEO of Hull Industrial Development C/O Kroese & Kroese Pc?
Cory De Wit is the Director of Hull Industrial Development C/O Kroese & Kroese Pc.
What is the revenue of Hull Industrial Development C/O Kroese & Kroese Pc?
Hull Industrial Development C/O Kroese & Kroese Pc's revenue in 2022 was -$1,113,678.
Who are the executives of Hull Industrial Development C/O Kroese & Kroese Pc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Hull Industrial Development C/O Kroese & Kroese Pc?
Hull Industrial Development C/O Kroese & Kroese Pc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hull Industrial Development C/O Kroese & Kroese Pc
Hull Industrial Development, a nonprofit organization, is dedicated to attracting new businesses to its community. It accomplishes this mission by engaging in the development, division, and resale of lots within an industrial park. The organization utilizes the proceeds from these sales to fund further development costs, thereby fostering continued growth and opportunities in the industrial sector. Additionally, Hull Industrial Development offers various programs to keep the community involved, such as the sale of memberships and public relations work. By actively promoting the industrial park and its available resources, the organization aims to attract and retain businesses, thereby contributing to the economic vitality and prosperity of the community.
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Impact
October, 2024
Hull Industrial Development C/O Kroese & Kroese PC plays a crucial role in enhancing the economic landscape of Sioux Center, Iowa. By focusing on the development and resale of industrial lots, the organization actively attracts new businesses to the community. This initiative not only stimulates local employment but also strengthens the tax base, generating revenue for public services.
The strategic use of excess sales proceeds for further development costs ensures a sustainable cycle of growth and investment in the community. Additionally, Hull Industrial Development engages the local population through programs that promote membership and maintain public relations, fostering a sense of community involvement and support. Overall, the impact of Hull Industrial Development is significant, driving economic growth and community cohesion in Sioux Center.
This information is meant to be a general summary of Hull Industrial Development C/O Kroese & Kroese Pc. 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: -$1,771,672
- Program Service Revenue: $28,042
- Gross Receipts: $1,918,733
Assets and Liabilities:
- Total Assets: $3,961,887
- Total Liabilities: $2,842,012
- Net Assets: $1,119,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$28,042
Organization Details
Principal Officer
Cory De Wit
Main Address
540 N MAIN AVE, SIOUX CENTER, IA, 51250
NTEE Category
Code: S31 - Community improvement
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