Cumberland Allegany County Industrial Foundation Inc

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

EIN: 520816138 ✦ Cumberland, MD ✦ Designated as a 501(c)(6)

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Overview

What is Cumberland Allegany County Industrial Foundation Inc?

The Cumberland Allegany County Industrial Foundation is a nonprofit organization committed to stimulating economic growth within its local community. Their primary objective is to strengthen existing businesses, encourage industrial expansion, and facilitate the birth of new industries in the region. By providing support and resources, this foundation plays a crucial role in fostering a thriving commercial landscape.

Is Cumberland Allegany County Industrial Foundation Inc legitimate?

Cumberland Allegany County Industrial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cumberland Allegany 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.


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 Cumberland Allegany County Industrial Foundation Inc?

The Cumberland Allegany County Industrial Foundation's mission is centered around fostering economic growth in the region. They achieve this by supporting the expansion and growth of existing local commerce and industries, as well as encouraging the establishment of new businesses within the area. The foundation's ultimate goal is to contribute to the creation of a thriving industrial sector.

What is the revenue of Cumberland Allegany County Industrial Foundation Inc?

Cumberland Allegany County Industrial Foundation Inc's revenue in 2024 was $84,160.

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

Here are 16 key members and their salaries:


Jeff Mckenzie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Emerick (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Turnbull Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mckenzie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Bone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sudhir Singh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jane Marker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Scarpelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ronald Nowaczyk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Rhodes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Rupert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Freas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Morriss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juli Mccoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Crowder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cumberland Allegany County Industrial Foundation Inc?

Cumberland Allegany County Industrial Foundation Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Cumberland Allegany County Industrial Foundation Inc

The Cumberland Allegany County Industrial Foundation is dedicated to fostering economic growth and development within its community. This nonprofit organization seeks to support the local commerce and industry, encouraging their expansion and growth. Furthermore, the Foundation is actively involved in facilitating the creation of new industries within the area, aiming to bolster the region's economic landscape.

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Impact




October, 2024

The Cumberland Allegany County Industrial Foundation Inc plays a vital role in promoting economic development in the region. By supporting local commerce and facilitating the growth and expansion of industry, the foundation enhances the economic landscape of Cumberland, Maryland. It also fosters the creation of new industries, which can lead to job creation, increased investment, and an overall improvement in the quality of life for residents.

Through its initiatives, the foundation helps to create a more vibrant community by attracting businesses that contribute to the local economy. Its focus on community improvement not only bolsters existing companies but also positions the region as an attractive destination for new enterprises. In doing so, the foundation directly impacts job opportunities, local revenue generation, and the sustainable economic health of Allegany County.




This information is meant to be a general summary of Cumberland Allegany 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
$84,160 (2024)
Expenses
$99,970 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,129
  • Program Service Revenue: $49,681
  • Gross Receipts: $84,160

Assets and Liabilities:

  • Total Assets: $132,406
  • Total Liabilities: $0
  • Net Assets: $132,406

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Organization Details

Principal Officer

Jeff Mckenzie

NTEE Category

Code: S30 - Community improvement

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