Leachville Industrial Development C Leachville Industrial Development C

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

EIN: 581974431 ✦ Leachville, AR ✦ Designated as a 501(c)(4)

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Overview

What is Leachville Industrial Development C Leachville Industrial Development C?

Leachville Industrial Development C is a nonprofit organization dedicated to promoting industrial growth in Leachville, Arkansas. They achieve this by leasing buildings and extending credit to businesses that generate employment opportunities. Furthermore, the organization offers property rentals to businesses situated in the city's downtown area. Their primary focus is on fostering industrial development to bolster the local economy.

Is Leachville Industrial Development C Leachville Industrial Development C legitimate?

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

Leachville Industrial Development C is committed to promoting industrial growth by offering rental spaces for businesses and providing financing to companies that generate employment opportunities. This organization further supports industrial development by leasing properties to businesses situated in the downtown area. In essence, Leachville Industrial Development C actively works towards fostering a thriving industrial sector by providing necessary resources to job-creating companies.

What is the revenue of Leachville Industrial Development C Leachville Industrial Development C?

Leachville Industrial Development C Leachville Industrial Development C's revenue in 2024 was $69,024.

Who are the executives of Leachville Industrial Development C Leachville Industrial Development C and what are their salaries?

Here are 4 key members and their salaries:


James Keith (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Kennett (Assistant Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wildy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Wildy (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Leachville Industrial Development C Leachville Industrial Development C?

Leachville Industrial Development C Leachville Industrial Development C's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Leachville Industrial Development C Leachville Industrial Development C

Leachville Industrial Development C, as an industrial development organization, actively works towards promoting industrial growth. Its mission is twofold: firstly, it provides rental spaces for businesses, attracting companies that generate job opportunities. Secondly, Leachville Industrial Development C offers credit to these job-creating companies, playing a significant role in their establishment and growth. Beyond this, the organization also leases properties to businesses situated in the downtown area of Leachville, contributing to the local commercial scene.

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Impact




October, 2024

Leachville Industrial Development C significantly impacts the local economy and community by fostering industrial growth and job creation in Leachville, Arkansas. Through its efforts in renting buildings and providing financial support to businesses, it encourages the establishment and expansion of companies in the area. This not only enhances the availability of jobs for residents but also stimulates overall economic development.

By focusing on properties in downtown Leachville, the organization helps revitalize the community, attracting new businesses and encouraging local entrepreneurship. The provision of credit to companies enables them to invest in their operations, further contributing to the local economic landscape. Overall, Leachville Industrial Development C plays a crucial role in strengthening the community and improving the quality of life for its residents through active industrial development initiatives.




This information is meant to be a general summary of Leachville Industrial Development C Leachville Industrial Development C. 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
$69,024 (2024)
Expenses
$31,139 (2024)
Efficiency

Other financial information:

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

  • Investment Income: $1,250
  • Program Service Revenue: $69,024
  • Gross Receipts: $69,024

Assets and Liabilities:

  • Total Assets: $1,019,945
  • Total Liabilities: $0
  • Net Assets: $1,019,945

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Programs

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

MISC RENTS

Revenue

$54,000

INTEREST INCOME

Revenue

$15,024

Organization Details

Principal Officer

Sandra Kennett

NTEE Category

Code: S31 - Community improvement

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