The Industrial Development Authority

Of The City Of Houston Missour

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

EIN: 431678434 ✦ Houston, MO ✦ Designated as a 501(c)(4)

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Overview

What is The Industrial Development Authority?

The Industrial Development Authority, based in Houston, Missouri, is a nonprofit organization with a mission to foster industrial development within the area. This is achieved by constructing and providing industrial buildings, thereby creating job opportunities in Houston, Missouri. The organization's activities are centered around promoting this development, thereby contributing to the local economy and employment scene.

Is The Industrial Development Authority legitimate?

The Industrial Development Authority is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Industrial Development Authority 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 The Industrial Development Authority?

The Industrial Development Authority's mission is centered around promoting industrial development. They accomplish this by providing industrial buildings within their operations, aiming to generate employment opportunities. By offering these facilities, they contribute to the creation of jobs within their respective region. Their primary goal is to stimulate industrial growth and development.

Who is the CEO of The Industrial Development Authority?

Justin Shelby is the President of The Industrial Development Authority.

What is the revenue of The Industrial Development Authority?

The Industrial Development Authority's revenue in 2022 was $86,079.

Who are the executives of The Industrial Development Authority and what are their salaries?


Here are 4 key members and their salaries:


Eric Wells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Dunn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Shelby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Rees (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Industrial Development Authority?

The Industrial Development Authority's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Industrial Development Authority

The Industrial Development Authority, as an organization, is dedicated to promoting industrial development. They achieve this mission by providing industrial buildings in various locations, with a specific focus on creating job opportunities in the Houston, MO area. This nonprofit institution's primary activity is geared towards fostering industrial growth, thereby contributing to employment opportunities in the community. By constructing and offering industrial buildings, The Industrial Development Authority plays a crucial role in stimulating local economic development and providing a platform for businesses to thrive.

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Impact




October, 2024

The Industrial Development Authority plays a crucial role in promoting industrial development in the Houston, MO area by providing essential industrial buildings. This initiative is aimed at creating job opportunities, thereby enhancing the local economy and improving community welfare. By focusing on industrial infrastructure, the Authority fosters a business-friendly environment that attracts new industries and supports existing ones. This, in turn, contributes to community improvement through economic growth, increased employment rates, and local investment. The Authority's efforts are vital for helping Houston remain competitive and vibrant in the broader economic landscape.




This information is meant to be a general summary of The Industrial Development Authority. 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
$86,079 (2022)
Expenses
$88,964 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $721
  • Program Service Revenue: $84,849
  • Gross Receipts: $86,079

Assets and Liabilities:

  • Total Assets: $2,658,695
  • Total Liabilities: $0
  • Net Assets: $2,658,695

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Programs

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

Building Rental

Revenue

$60,412

Receivable Interest

Revenue

$24,437

Organization Details

Founding Year

1980

Principal Officer

Justin Shelby

Main Address

601 S GRAND AVE, HOUSTON, MO, 65483

NTEE Category

Code: S31 - Community improvement

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