Love County Industrial Foundation Inc

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

EIN: 510205549 ✦ Marietta, OK ✦ Designated as a 501(c)(6)

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Overview

What is Love County Industrial Foundation Inc?

Love County Industrial Foundation Inc is a nonprofit organization situated in Marietta, Oklahoma. Their primary objective is to stimulate economic growth in the region by offering industrial commercial properties. These properties serve as alluring destinations for emerging businesses and industries, thereby enhancing the local workforce. The foundation manages and develops these industrial facilities, keeping them ready for future commercial ventures. The Love County Industrial Foundation's operations are centered around bolstering the local employment base and fostering industrial development.

Is Love County Industrial Foundation Inc legitimate?

Love County Industrial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Love County Industrial Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Love County Industrial Foundation Inc?

The Love County Industrial Foundation's mission is centered around stimulating business growth and employment opportunities. It achieves this by offering industrial and commercial properties to attract new enterprises and industries. The foundation also maintains these facilities for future commercial use and development, thereby fostering local economic development. Its goal is to contribute to the expansion of local industries, ultimately enhancing the region's economic vitality.

Who is the CEO of Love County Industrial Foundation Inc?

H Willis Choate is the President of Love County Industrial Foundation Inc.

What is the revenue of Love County Industrial Foundation Inc?

Love County Industrial Foundation Inc's revenue in 2022 was $675.

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


Here are 7 key members and their salaries:


H Willis Choate (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Sessions (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Pucket (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Ricketts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Moffett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Bone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Love County Industrial Foundation Inc?

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

Mission Statement of Love County Industrial Foundation Inc

The Love County Industrial Foundation, a notable entity, is committed to providing industrial and commercial properties to entice new businesses and industries. Its primary objective is to enhance the local employment base by offering well-maintained facilities for future commercial enterprise use and development. The foundation's mission is geared towards attracting potential industries, thereby stimulating economic growth and development within the community. Its efforts are instrumental in fostering a conducive environment for businesses to thrive, ultimately contributing to the overall prosperity of the region.

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Impact




October, 2024

Love County Industrial Foundation Inc has a significant impact on the local economy and community development in Marietta, OK. By providing industrial commercial properties, it actively attracts new businesses and industries to the area, which enhances job opportunities for residents and stimulates economic growth. The foundation plays a crucial role in maintaining and developing industrial facilities, ensuring that the region remains an attractive destination for potential investors. This approach not only boosts the local employment base but also fosters a more robust and diversified economy, ultimately benefiting the entire community. Through its efforts, the foundation facilitates community improvement and supports sustainable economic development for the future.




This information is meant to be a general summary of Love County 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
$675 (2022)
Expenses
$2,365 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $65
  • Gross Receipts: $675

Assets and Liabilities:

  • Total Assets: $421,164
  • Total Liabilities: $0
  • Net Assets: $421,164

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Organization Details

Principal Officer

H Willis Choate

Main Address

P O Box 330, Marietta, OK, 73448

NTEE Category

Code: S31 - Community improvement

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