Overview
What is Morehead Rowan County Industrial Development Authority?
Morehead Rowan County Industrial Development Authority is a nonprofit organization situated in Morehead, Kentucky, specifically at 150 E First St. Their primary objective is to foster and sustain industry within the city of Morehead and Rowan County. They achieve this by promoting industrial growth and maintaining two sites that are suitable for industrial expansion. The authority's mission extends beyond just promoting industry; it aims to contribute positively to the local economy, potentially creating job opportunities and stimulating economic growth in the area.
Is Morehead Rowan County Industrial Development Authority legitimate?
Morehead Rowan County Industrial Development Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morehead Rowan County Industrial Development Authority 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.
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What is the mission statement of Morehead Rowan County Industrial Development Authority?
The Morehead Rowan County Industrial Development Authority's primary objective is to foster and sustain industry within its purview. Currently, the authority maintains two sites specifically designed for industrial expansion, serving as a catalyst for growth in this sector. The authority's role is to actively promote and uphold the presence of industries within its jurisdiction, thereby contributing to the overall economic development.
What is the revenue of Morehead Rowan County Industrial Development Authority?
Morehead Rowan County Industrial Development Authority's revenue in 2024 was $600,054.
Who are the executives of Morehead Rowan County Industrial Development Authority and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Morehead Rowan County Industrial Development Authority?
Morehead Rowan County Industrial Development Authority's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Morehead Rowan County Industrial Development Authority
Morehead Rowan County Industrial Development Authority is committed to promoting and maintaining industry within its jurisdiction. This nonprofit organization serves as a driving force, striving to attract and support industrial growth in the city of Morehead and Rowan County. Its primary goal is to foster a conducive environment for businesses, thereby contributing to the economic development of the area. The Authority accomplishes this by maintaining two sites suitable for industrial expansion, providing potential companies with the necessary infrastructure to thrive.
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Impact
October, 2024
The Morehead Rowan County Industrial Development Authority plays a crucial role in promoting and sustaining industrial growth in the city of Morehead and Rowan County. By managing two sites designated for industrial expansion, the authority actively supports economic development in the region. Its mission to enhance industrial capacity enables local businesses to thrive, attracting new investments and fostering job creation. This impact not only bolsters the local economy but also contributes to community improvement, enhancing the overall quality of life for residents in Morehead and the surrounding areas.
This information is meant to be a general summary of Morehead Rowan County Industrial Development Authority. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $632
- Gross Receipts: $600,054
Assets and Liabilities:
- Total Assets: $1,692,519
- Total Liabilities: $0
- Net Assets: $1,692,519
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Organization Details
Founding Year
1990
Principal Officer
Paul Goodpaster
NTEE Category
Code: S30 - Community improvement
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