Overview
What is Florence-Lauderdale Industrial Expansion Committee Inc?
Florence-Lauderdale Industrial Expansion Committee Inc, based in Florence, Alabama, is a nonprofit organization dedicated to stimulating industrial growth in the area. They achieve this goal by providing various financial aids, such as acquisition, sale, and rental of properties, as well as economic assistance grants. This commitment to promoting industrial development is aimed at enhancing the local economy and creating job opportunities. The organization's activities extend beyond just property transactions, as they also offer assistance in this realm to foster industrial expansion.
Is Florence-Lauderdale Industrial Expansion Committee Inc legitimate?
Florence-Lauderdale Industrial Expansion Committee Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Florence-Lauderdale Industrial Expansion Committee 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 Florence-Lauderdale Industrial Expansion Committee Inc?
The Florence-Lauderdale Industrial Expansion Committee Inc's mission is centered around promoting industrial growth in the area. To accomplish this, the committee engages in various activities. Primarily, it acquires, sells, and rents property to facilitate industrial expansion. Additionally, the committee provides economic assistance grants to further stimulate industrial growth. In essence, the committee's role is to leverage property and financial resources to foster industrial development.
Who is the CEO of Florence-Lauderdale Industrial Expansion Committee Inc?
Russell L Carbine is the President/Director of Florence-Lauderdale Industrial Expansion Committee Inc.
What is the revenue of Florence-Lauderdale Industrial Expansion Committee Inc?
Florence-Lauderdale Industrial Expansion Committee Inc's revenue in 2022 was $196,271.
Who are the executives of Florence-Lauderdale Industrial Expansion Committee Inc 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 Florence-Lauderdale Industrial Expansion Committee Inc?
Florence-Lauderdale Industrial Expansion Committee Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Florence-Lauderdale Industrial Expansion Committee Inc
Florence-Lauderdale Industrial Expansion Committee Inc, as a nonprofit organization, is committed to fostering industrial growth in its operations. Its primary mission involves proactively acquiring, selling, and renting property to stimulate industrial advancement in the relevant sector. Beyond property transactions, the committee also extends economic assistance grants to further encourage industrial growth. The committee's activities aim to contribute to the overall economic development of the industrial sector, ultimately benefiting the community at large.
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Impact
October, 2024
Florence-Lauderdale Industrial Expansion Committee Inc plays a crucial role in promoting industrial growth in Florence, Alabama. By acquiring, selling, and renting property, the committee facilitates the establishment and expansion of businesses in the area. This not only helps to attract new industries but also supports existing ones with economic assistance grants. The committee's efforts lead to job creation, economic development, and overall improvement of the community. Their initiatives contribute to a more dynamic local economy, fostering an environment where businesses can thrive and community members can benefit from enhanced employment opportunities and services.
This information is meant to be a general summary of Florence-Lauderdale Industrial Expansion Committee 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: $25,461
- Gross Receipts: $196,271
Assets and Liabilities:
- Total Assets: $5,016,044
- Total Liabilities: $52,250
- Net Assets: $4,963,794
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Organization Details
Founding Year
1964
Phone
(256) 767-0021Principal Officer
Russell L Carbine
Main Address
516 E MOBILE ST, FLORENCE, AL, 35630
NTEE Category
Code: S31 - Community improvement
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