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For Stanly Inc

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

EIN: 561927488 ✦ Albemarle, NC ✦ Designated as a 501(c)(3)

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Overview

What is For Stanly Inc?

For Stanly Inc is a nonprofit organization situated in Albemarle, North Carolina. Its primary objective is to stimulate economic growth in the area. Operating as an economic development organization, For Stanly provides a range of programs to facilitate this mission. Although these initiatives will momentarily cease by the end of the fiscal year 2022-2023, For Stanly Inc remains committed to promoting prosperity and development in Albemarle.

Is For Stanly Inc legitimate?

For Stanly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. For Stanly 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 For Stanly Inc?

For Stanly Inc., as an economic development organization, its mission is to foster economic growth. During regular operations, it provides various programs to support this objective. However, these initiatives will be temporarily inactive during the fiscal year ending on June 30, 2023. The organization's primary goal is to stimulate economic development, thereby contributing to the overall prosperity of its community. Despite the temporary hiatus of its programs, For Stanly Inc. remains committed to its mission of promoting economic growth.

Who is the CEO of For Stanly Inc?

Cynthia Beane is the Treasurer of For Stanly Inc.

What is the revenue of For Stanly Inc?

For Stanly Inc's revenue in 2023 was $1,634.

Who are the executives of For Stanly Inc and what are their salaries?


Here are 8 key members and their salaries:


Mike Harwood (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Martin (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Beane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Broadway (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ba Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Childress (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Banks Garrison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Lawhon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for For Stanly Inc?

For Stanly Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of For Stanly Inc

For Stanly Inc, as a dedicated economic development organization, its mission lies in promoting growth and prosperity within its sphere. Operating in an unspecified location, For Stanly Inc strives to foster a thriving economy by offering a range of programs. However, it is important to note that these initiatives will be momentarily inactive during the fiscal year ending on June 30, 2023. The organization's purpose is to stimulate economic development, thereby contributing to the betterment of its community.

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Impact




August, 2024

For Stanly Inc's impact is primarily focused on promoting economic development in Albemarle, NC. Through its various programs and initiatives, the organization works towards enhancing the economic well-being of the community. By supporting local businesses, attracting investments, and fostering growth opportunities, For Stanly Inc plays a critical role in driving economic prosperity in the area. The organization's efforts contribute to creating a more vibrant and sustainable economic landscape for Albemarle and its residents.




This information is meant to be a general summary of For Stanly 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
$1,634 (2023)
Expenses
$1,333 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $134
  • Gross Receipts: $1,634

Assets and Liabilities:

  • Total Assets: $66,698
  • Total Liabilities: $0
  • Net Assets: $66,698

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Organization Details

Principal Officer

Cynthia Beane

Main Address

1522 Hyman Drive, Albemarle, NC, 28001

NTEE Category

Code: S20 - Community improvement

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