Alcester Industrial Park Inc

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

EIN: 460445787 ✦ Alcester, SD ✦ Designated as a 501(c)(6)

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Overview

What is Alcester Industrial Park Inc?

Alcester Industrial Park Inc is a nonprofit organization situated in Alcester, South Dakota. Their primary mission is to foster both residential and industrial growth in the area. To achieve this, they make land available for future development, playing a pivotal role in promoting industrial and business expansion in Alcester, SD. The organization's activities are centered around stimulating growth and progress within the community.

Is Alcester Industrial Park Inc legitimate?

Alcester Industrial Park Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Alcester Industrial Park 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 Alcester Industrial Park Inc?

The mission of Alcester Industrial Park Inc, in its own terms, is to foster the growth of both industrial and residential businesses. This is achieved by ensuring the availability of land for future development, thereby promoting economic expansion and community development. By doing so, the organization aims to contribute positively to the local economy and provide opportunities for businesses and residents alike.

Who is the CEO of Alcester Industrial Park Inc?

Todd Nelson is the President of Alcester Industrial Park Inc.

What is the revenue of Alcester Industrial Park Inc?

Alcester Industrial Park Inc's revenue in 2022 was $60,816.

Who are the executives of Alcester Industrial Park Inc and what are their salaries?


Here are 3 key members and their salaries:


Gary Mckellips (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Nelson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaimey Schempp (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alcester Industrial Park Inc?

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

Mission Statement of Alcester Industrial Park Inc

Alcester Industrial Park Inc, as a mission-driven organization, is dedicated to advancing the industrial business and residential development in Alcester, South Dakota. Their primary objective is to make land available for future development, with the ultimate goal of promoting both residential and industrial growth in the area. By doing so, Alcester Industrial Park Inc aims to contribute to the overall development and progress of the community, fostering a thriving and prosperous environment for its inhabitants.

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Impact




October, 2024

Alcester Industrial Park Inc plays a crucial role in fostering economic growth and community development in Alcester, SD. By promoting industrial business and residential development, the organization ensures the availability of land for future progress, which can attract new businesses and residents to the area. This initiative not only strengthens the local economy but also enhances the quality of life for residents through improved infrastructure and resources. The focus on both industrial and residential development reflects a holistic approach to community improvement, positioning Alcester as a vibrant place for families and enterprises alike. The efforts of Alcester Industrial Park Inc contribute significantly to the overall growth and sustainability of the region.




This information is meant to be a general summary of Alcester Industrial Park 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
$60,816 (2022)
Expenses
$39,132 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,916
  • Program Service Revenue: $56,650
  • Gross Receipts: $363,900

Assets and Liabilities:

  • Total Assets: $1,200,689
  • Total Liabilities: $825,696
  • Net Assets: $374,993

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Programs

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

RENTS

Revenue

$56,650

Organization Details

Founding Year

1997

Principal Officer

Todd Nelson

Main Address

PO BOX 168, ALCESTER, SD, 57001

NTEE Category

Code: S31 - Community improvement

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