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Oakland Industrial Foundation Inc

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

EIN: 421444889 ✦ Council bluffs, IA ✦ Designated as a 501(c)(3)

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Overview

What is Oakland Industrial Foundation Inc?

Oakland Industrial Foundation Inc, based in Council Bluffs, Iowa at 421 WEST BROADWAY 200, is a nonprofit organization dedicated to serving the Oakland, Iowa, and surrounding communities. Their primary mission is to contribute to the general economic growth of these areas. They specialize in acquiring, demolishing, and replacing substandard or condemned real property, encompassing both residential and commercial buildings, under the direction of the City of Oakland, Iowa. This work aims to bring about overall improvement and development within the community.

Is Oakland Industrial Foundation Inc legitimate?

Oakland Industrial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakland 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.


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 Oakland Industrial Foundation Inc?

The Oakland Industrial Foundation Inc's mission is centered around contributing to the economic well-being of various communities. Specifically, it aims to provide benefits to the communities of Oakland, Iowa, and its surrounding areas. The foundation's activities involve acquiring, demolishing, and replacing substandard or condemned properties, including residential and commercial properties. These actions are carried out under the direction of the City of Oakland, Iowa, and the surrounding communities, with the ultimate goal of promoting economic growth and development in the targeted areas.

Who is the CEO of Oakland Industrial Foundation Inc?

Don Applegate is the Director of Oakland Industrial Foundation Inc.

What is the revenue of Oakland Industrial Foundation Inc?

Oakland Industrial Foundation Inc's revenue in 2022 was $235,000.

Who are the executives of Oakland Industrial Foundation Inc and what are their salaries?

There 8 volunteers at Oakland Industrial Foundation Inc.


Here are 7 key members and their salaries:


Ernest Ruehle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Reed (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loree Hamilton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Applegate (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Jefferson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Keast (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oakland Industrial Foundation Inc?

Oakland Industrial Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Oakland Industrial Foundation Inc

The Oakland Industrial Foundation Inc is a nonprofit organization with a mission to contribute to the economic well-being of Oakland, Iowa, and its surrounding communities. This mission is carried out through the acquisition, demolition, and replacement of substandard or condemned properties, both residential and commercial, at the request of the City of Oakland, Iowa, and its neighboring communities. The foundation's activities aim to enhance the overall economic landscape of these areas, promoting growth and development.

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Impact




October, 2024

Oakland Industrial Foundation Inc plays a vital role in enhancing the economic landscape of Oakland, Iowa, and its surrounding communities. By focusing on the acquisition, demolition, and replacement of substandard or condemned properties, the organization actively contributes to community improvement and revitalization efforts. This transformation not only removes hazardous buildings from the environment but also paves the way for new development, which can lead to increased property values and a stronger local economy.

Through its initiatives, the Foundation addresses critical housing and commercial space shortages, fostering a safe, vibrant community for residents and businesses alike. By collaborating with the City of Oakland and focusing on the specific needs of the area, the organization helps create a more appealing and sustainable environment, ultimately improving the quality of life for all who live and work in these communities.




This information is meant to be a general summary of Oakland 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.

Revenue
$235,000 (2022)
Expenses
$221,958 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $235,000
  • Gross Receipts: $235,000

Assets and Liabilities:

  • Total Assets: $172,709
  • Total Liabilities: $0
  • Net Assets: $172,709

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REHABILITATED REAL ESTATE

Revenue

$235,000

Organization Details

Founding Year

1995

Principal Officer

Don Applegate

Main Address

421 WEST BROADWAY 200, COUNCIL BLUFFS, IA, 51503

NTEE Category

Code: S20 - Community improvement

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