Overview
What is Industrial Development Board Of Mcminn County?
The Industrial Development Board of McMinn County, under the leadership of Frank Snyder, serves as a public entity acting on behalf of the county. Their primary objective involves financing, acquiring, owning, leasing, or disposing of properties. This action is aimed at fostering employment opportunities and enhancing the production of agricultural commodities. Additionally, they strive to boost the quantity of housing available in affected municipalities by promoting industry, trade, commerce, tourism, recreation, agriculture, and housing construction. They achieve this goal by attracting various types of enterprises, including manufacturing, industrial, governmental, educational, financial, service, commercial, recreational, and agricultural, to establish or continue operations in McMinn County.
Is Industrial Development Board Of Mcminn County legitimate?
Industrial Development Board Of Mcminn County is a legitimate nonprofit organization registered as a 501(c)(6) entity. Industrial Development Board Of Mcminn County 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 Industrial Development Board Of Mcminn County?
The Industrial Development Board of McMinn County serves a public function on behalf of the county, primarily focusing on finance, property acquisition, ownership, leasing, or disposal. Its mission is geared towards maintaining and enhancing employment opportunities and increasing the production of agricultural commodities. To achieve this, the board promotes various sectors such as industry, trade, commerce, tourism, and recreation, agriculture, and housing construction. By inducing manufacturing, industrial, governmental, educational, financial, service, commercial, recreational, and agricultural enterprises to locate or remain in McMinn County, it aims to improve the quantity of housing available and boost local economy.
Who is the CEO of Industrial Development Board Of Mcminn County?
Frank Snyder is the Member of Industrial Development Board Of Mcminn County.
What is the revenue of Industrial Development Board Of Mcminn County?
Industrial Development Board Of Mcminn County's revenue in 2022 was $22,659.
Who are the executives of Industrial Development Board Of Mcminn County and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Industrial Development Board Of Mcminn County?
Industrial Development Board Of Mcminn County's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Industrial Development Board Of Mcminn County
The Industrial Development Board of McMinn County, led by Frank Snyder, serves a public function on behalf of the county. Its primary objective is to financially support, acquire, own, lease, or dispose of properties. This mission is aimed at maintaining and enhancing employment opportunities within the county, as well as boosting the production of agricultural commodities. The board achieves this by promoting various sectors such as industry, trade, commerce, tourism, recreation, agriculture, and housing construction. By inducing manufacturing, industrial, governmental, educational, financial, service, commercial, recreational, and agricultural enterprises to either establish or continue operations in McMinn County, the board contributes to the overall economic growth and development of the area.
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Impact
October, 2024
The Industrial Development Board of McMinn County plays a crucial role in enhancing the economic landscape of the region. By financing, acquiring, owning, leasing, and disposing of properties, it directly influences local development and growth. This organization seeks to maintain and increase employment opportunities, thereby fostering economic stability and growth within the community.
A key impact of the Board is its ability to promote various sectors, including industry, trade, commerce, tourism, recreation, and agriculture. By creating an environment conducive for manufacturing and service enterprises to locate or remain in McMinn County, it helps stimulate local economies. The focus on increasing the production of agricultural commodities also supports vital industries and encourages sustainable practices.
In addition to economic advancement, the Board's efforts contribute to improving housing availability in affected municipalities. This is particularly important for maintaining a strong workforce and ensuring that the local population has access to affordable living options, which in turn can attract more residents and businesses to the area.
Overall, the Industrial Development Board of McMinn County serves as a catalyst for growth, enhancing community well-being through its initiatives that promote job creation, industry retention, and improved quality of life.
This information is meant to be a general summary of Industrial Development Board Of Mcminn County. 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: $92
- Program Service Revenue: $22,567
- Gross Receipts: $22,659
Assets and Liabilities:
- Total Assets: $2,026,809
- Total Liabilities: $1,107,538
- Net Assets: $919,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TAX INCREMENT FINANCING
Revenue
$22,567
Organization Details
Founding Year
1964
Principal Officer
Frank Snyder
Main Address
9 EAST MADISON AVENUE SUITE 201, ATHENS, TN, 37303
NTEE Category
Code: S30 - Community improvement
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