Gadsden-Etowah Industrial Development Authority

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 630888911 ✦ Gadsden, AL ✦ Designated as a 501(c)(6)

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Overview

What is Gadsden-Etowah Industrial Development Authority?

The Gadsden-Etowah Industrial Development Authority, situated in Gadsden, Alabama, serves as a catalyst for fostering industry and commerce. With a mission to induce manufacturing, industrial, and commercial enterprises, they work collaboratively with local governments to attract and expand existing businesses within Etowah County, Alabama. Their small team of three employees is dedicated to promoting trade and economic growth, contributing positively to the community's industrial and commercial landscape.


Official website here: www.gadsdenida.org

Is Gadsden-Etowah Industrial Development Authority legitimate?

Gadsden-Etowah Industrial Development Authority is a legitimate nonprofit organization registered as a 501(c)(6) entity. Gadsden-Etowah Industrial Development Authority 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: $217,322
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,500

For more financial information, click here


Official website here: www.gadsdenida.org

What is the mission statement of Gadsden-Etowah Industrial Development Authority?

The Gadsden-Etowah Industrial Development Authority's mission is to actively collaborate with local governments to attract and expand existing businesses. Their primary objective is to promote industry and foster trade by encouraging manufacturing, industrial, and commercial enterprises to establish operations within Etowah County, Alabama. This initiative aims to stimulate economic growth and development in the region.


Official website here: www.gadsdenida.org

Who is the CEO of Gadsden-Etowah Industrial Development Authority?

Mike Harris is the President of Gadsden-Etowah Industrial Development Authority.


Official website here: www.gadsdenida.org

What is the revenue of Gadsden-Etowah Industrial Development Authority?

Gadsden-Etowah Industrial Development Authority's revenue in 2023 was $562,433.


Official website here: www.gadsdenida.org

Who are the executives of Gadsden-Etowah Industrial Development Authority and what are their salaries?

The average compensation at Gadsden-Etowah Industrial Development Authority during 2023 was $84,607. There are 3 employees at Gadsden-Etowah Industrial Development Authority.


Here are 19 key members and their salaries:


Mike Harris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Allen (Finance Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mccartney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Murphy (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Lankford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Hare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Tarver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Blackwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Cosby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nanda Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deverick Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Rowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Gilliland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Ellison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Kent Haney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Mcclendon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Hooks (Executive Di)
  • Compensation: $95,000
  • Related: $0
  • Other: $25,040
William Greene (Deputy Execu)
  • Compensation: $72,500
  • Related: $0
  • Other: $24,782


Official website here: www.gadsdenida.org

Where can I find the form 990 for Gadsden-Etowah Industrial Development Authority?

Gadsden-Etowah Industrial Development Authority's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.gadsdenida.org

Learn more at the official website: www.gadsdenida.org

Mission Statement of Gadsden-Etowah Industrial Development Authority

The Gadsden-Etowah Industrial Development Authority is dedicated to working in collaboration with local governments with the primary objective of attracting and expanding existing businesses within Etowah County, Alabama. Their mission is multifaceted, aimed at promoting industry and developing trade by encouraging the establishment of manufacturing, industrial, and commercial enterprises within the county. By doing so, the organization seeks to stimulate economic growth and development within the region, ultimately contributing to its overall prosperity.

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Impact




October, 2024

The Gadsden-Etowah Industrial Development Authority significantly impacts the local economy by collaborating with municipal governments to attract and expand businesses within the region. By promoting industry and facilitating trade, the Authority plays a crucial role in inducing manufacturing, industrial, and commercial enterprises to establish themselves in Etowah County, Alabama.

This initiative not only fosters economic growth but also creates job opportunities, enhances local infrastructure, and improves the overall quality of life for residents. The development of new industries leads to increased investment in the area, which can catalyze further community improvements and stimulate the local economy. In essence, the Authority's efforts support a sustainable framework for economic development that benefits the entire Gadsden community and its surrounding areas.




This information is meant to be a general summary of Gadsden-Etowah Industrial Development Authority. 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.

Revenue
$562,433 (2023)
Expenses
$444,622 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$9,761
  • Program Service Revenue: $572,194
  • Gross Receipts: $575,710

Assets and Liabilities:

  • Total Assets: $841,609
  • Total Liabilities: $14,839
  • Net Assets: $826,770

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT SERVICES

Revenue

$556,669

COWORK CONTRACTS

Revenue

$15,400

OTHER INCOME

Revenue

$125

Organization Details

Founding Year

1984

Principal Officer

Mike Harris

Main Address

99 EAST CHESTNUT, GADSDEN, AL, 35903

NTEE Category

Code: S30 - Community improvement

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