Overview
What is Shelby County Industrial And Development Foundation Inc?
Shelby County Industrial and Development Foundation Inc, based in Shelbyville, Kentucky, is a nonprofit organization with a mission to stimulate industrial and commercial growth in the county. They accomplish this by promoting the region as an attractive location for businesses, thereby contributing to the local economy. The organization's activities include Guist Creek Marina & Campground, a recreational facility offering fishing, boating, and camping opportunities. This facility not only serves as a leisure spot for the community but also serves a commercial purpose by attracting visitors to the area. With a dedicated team of 18 employees, the foundation plays a significant role in fostering economic development in Shelby County, Kentucky.
Official website here: www.shelbycountyindustrialfoundation.com
Is Shelby County Industrial And Development Foundation Inc legitimate?
Shelby County Industrial And Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Shelby County Industrial And Development Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $77,688
Professional Fundraising Fees: $0
Other Salaries and Wages: $280,806
For more financial information, click here
Official website here: www.shelbycountyindustrialfoundation.com
What is the mission statement of Shelby County Industrial And Development Foundation Inc?
The Shelby County Industrial and Development Foundation Inc is committed to fostering industrial and commercial growth in its capacity. This organization actively works towards promoting business development within Shelby County, Kentucky. Beyond this, they also contribute to encouraging commercial activities and attracting industries to establish a presence within the community. In essence, their primary objective is to bolster the economic development of the area, ultimately benefiting the local community.
Official website here: www.shelbycountyindustrialfoundation.com
Who is the CEO of Shelby County Industrial And Development Foundation Inc?
Ray Leathers is the CEO of Shelby County Industrial And Development Foundation Inc The CEO's salary of Shelby County Industrial And Development Foundation Inc is $77,688 and their total compensation is $77,688.
Official website here: www.shelbycountyindustrialfoundation.com
What is the revenue of Shelby County Industrial And Development Foundation Inc?
Shelby County Industrial And Development Foundation Inc's revenue in 2023 was $916,276.
Official website here: www.shelbycountyindustrialfoundation.com
Who are the executives of Shelby County Industrial And Development Foundation Inc and what are their salaries?
The average compensation at Shelby County Industrial And Development Foundation Inc during 2023 was $18,868. There are 19 employees and 20 volunteers at Shelby County Industrial And Development Foundation Inc.
Here are 19 key members and their salaries (Shelby County Industrial And Development Foundation Inc's CEO's salary is $77,688 and their total compensation is $77,688):
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Official website here: www.shelbycountyindustrialfoundation.com
Where can I find the form 990 for Shelby County Industrial And Development Foundation Inc?
Shelby County Industrial And Development Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.shelbycountyindustrialfoundation.com
Learn more at the official website: www.shelbycountyindustrialfoundation.com
Mission Statement of Shelby County Industrial And Development Foundation Inc
Shelby County Industrial and Development Foundation Inc is committed to fostering industrial and commercial growth in Shelby County, Kentucky. This nonprofit organization plays a pivotal role in promoting the development of industries and businesses within its jurisdiction. Beyond just promoting industrial and commercial development, the Foundation also encourages companies to establish themselves within the community. One way they achieve this is through Guist Creek Marina & Campground, which offers recreational activities like fishing, boating, and camping, attracting tourists and potential businesses to the area. By providing such facilities, the Foundation not only enhances the community's recreational offerings but also serves as a catalyst for commerce, encouraging industries to locate in the area.
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Impact
October, 2024
Shelby County Industrial and Development Foundation Inc significantly impacts the local economy and community by promoting industrial and commercial development in Shelby County, Kentucky. Its initiatives foster an environment conducive to business growth, encouraging industries to establish a presence in the area.
One of its notable contributions is the Guist Creek Marina & Campground, which enhances the local recreational landscape by providing opportunities for fishing, boating, and camping. This facility not only supports leisure activities for residents and visitors but also attracts tourists, contributing to the local hospitality and service sectors.
By advocating for commerce and facilitating industrial growth, the Foundation plays a crucial role in improving the community's economic landscape, ultimately enhancing the quality of life for Shelby County residents.
This information is meant to be a general summary of Shelby County Industrial And Development Foundation 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 2023.
- Investment Income: $196,244
- Program Service Revenue: $427,954
- Gross Receipts: $1,001,300
Assets and Liabilities:
- Total Assets: $4,710,721
- Total Liabilities: $1,908,367
- Net Assets: $2,802,354
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARINA
Revenue
$427,954
Organization Details
Founding Year
1957
Principal Officer
Ray Leathers
NTEE Category
Code: S31 - Community improvement
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