Overview
What is Lexington Industrial Foundation?
The Lexington Industrial Foundation, established in Lexington, Kentucky, is a nonprofit organization with a primary focus on stimulating job growth within the Central Kentucky region. Their mission is to enhance business conditions in the area, thereby fostering the creation of new job opportunities. While specific program details were not provided, the foundation's purpose is clear: to promote and encourage job creation in the Central Kentucky area.
Is Lexington Industrial Foundation legitimate?
Lexington Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lexington Industrial Foundation 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 Lexington Industrial Foundation?
The Lexington Industrial Foundation's mission is centered around fostering employment opportunities. In an effort to achieve this, the foundation works diligently to enhance business conditions in an unspecified area. By doing so, the foundation aims to encourage the creation of jobs, thereby contributing to economic growth and development. The organization's activities are primarily focused on promoting a conducive business environment, ultimately leading to the generation of employment opportunities.
Who is the CEO of Lexington Industrial Foundation?
Harry Richart Iii is the President of Lexington Industrial Foundation.
What is the revenue of Lexington Industrial Foundation?
Lexington Industrial Foundation's revenue in 2022 was $32,286.
Who are the executives of Lexington Industrial Foundation and what are their salaries?
There 16 volunteers at Lexington Industrial Foundation.
Here are 16 key members and their salaries:
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Where can I find the form 990 for Lexington Industrial Foundation?
Lexington Industrial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lexington Industrial Foundation
The Lexington Industrial Foundation, as a nonprofit organization, is committed to fostering and motivating the establishment of employment opportunities in the central Kentucky region. Their mission is geared towards enhancing business conditions in this area, thereby stimulating job creation. By promoting and encouraging business growth, the Lexington Industrial Foundation plays a crucial role in boosting the local economy and improving the livelihoods of the community's residents.
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Impact
October, 2024
Lexington Industrial Foundation significantly impacts the Central Kentucky area by promoting and encouraging job creation. Through initiatives aimed at improving business conditions, the Foundation fosters an environment conducive to economic growth and opportunity. This commitment not only benefits local businesses but also enhances the overall prosperity of the community, leading to increased employment opportunities and improved quality of life for residents in Lexington and surrounding areas. By focusing on community improvement, the Foundation plays a crucial role in shaping a vibrant economic landscape in Central Kentucky.
This information is meant to be a general summary of Lexington Industrial Foundation. 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: $32,264
- Gross Receipts: $237,399
Assets and Liabilities:
- Total Assets: $460,524
- Total Liabilities: $1,020
- Net Assets: $459,504
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Organization Details
Founding Year
1955
Phone
(859) 224-4218Principal Officer
Harry Richart Iii
Main Address
4036 PALOMAR BOULEVARD, LEXINGTON, KY, 40513
NTEE Category
Code: S31 - Community improvement
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