Overview
What is Purchase Area Regional Industrial Authority Inc?
Purchase Area Regional Industrial Authority Inc is a nonprofit organization situated in Mayfield, Kentucky. Their primary mission is to stimulate industrial growth in the Purchase Area of Western Kentucky. By organizing and promoting development, they aim to attract industries to the region, thereby fostering economic expansion. The organization's activities and efforts are centered around facilitating industrial development in their designated area.
Is Purchase Area Regional Industrial Authority Inc legitimate?
Purchase Area Regional Industrial Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Purchase Area Regional Industrial Authority Inc 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 Purchase Area Regional Industrial Authority Inc?
The Purchase Area Regional Industrial Authority Inc's mission is centered around fostering industrial expansion. In essence, their primary objective is to organize, promote, and develop industrial growth within a specific region. To achieve this, they undertake initiatives aimed at creating a conducive environment for industrial development. One of their key activities involves planning and establishing a regional industrial park. This park serves as a hub for attracting and nurturing industrial growth, thereby contributing to the economic development of the area.
Who is the CEO of Purchase Area Regional Industrial Authority Inc?
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What is the revenue of Purchase Area Regional Industrial Authority Inc?
Purchase Area Regional Industrial Authority Inc's revenue in 2022 was $252,241.
Who are the executives of Purchase Area Regional Industrial Authority Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Purchase Area Regional Industrial Authority Inc?
Purchase Area Regional Industrial Authority Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Purchase Area Regional Industrial Authority Inc
Purchase Area Regional Industrial Authority Inc, a notable organization, is committed to facilitating industrial growth in a particular region of Western Kentucky. Their mission is twofold: to organize and coordinate efforts, and to promote and develop industrially focused advancements within this area. Their primary objective is to establish a regional industrial park, thereby fostering an environment conducive to industrial expansion and progress.
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Impact
October, 2024
Purchase Area Regional Industrial Authority Inc significantly contributes to industrial growth in the Purchase Area of Western Kentucky. Its primary focus is on organizing, promoting, and developing initiatives that foster economic development and attract new industries to the region. By spearheading the development of a regional industrial park, the authority creates a conducive environment for businesses to thrive, ultimately leading to job creation and increased economic activity.
The authority plays a crucial role in enhancing the community's infrastructure and resources, positioning the Purchase Area as an attractive destination for potential investors. This focus on industrial growth not only supports local businesses but also improves the overall quality of life for residents by providing more employment opportunities and stimulating local economies. Through its efforts, Purchase Area Regional Industrial Authority Inc actively contributes to community improvement and long-term regional stability in Western Kentucky.
This information is meant to be a general summary of Purchase Area Regional Industrial Authority 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $826
- Gross Receipts: $252,241
Assets and Liabilities:
- Total Assets: $13,063,133
- Total Liabilities: $1,225
- Net Assets: $13,061,908
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Organization Details
Founding Year
2001
Phone
(270) 247-7171Main Address
PO BOX 588, MAYFIELD, KY, 42066
NTEE Category
Code: S32 - Community improvement
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