Mcgehee Industrial Foundation

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

EIN: 710621778 ✦ Mcgehee, AR ✦ Designated as a 501(c)(6)

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Overview

What is Mcgehee Industrial Foundation?

The McGehee Industrial Foundation is a nonprofit organization based in McGehee, Arkansas. Despite the challenges posed by the Covid pandemic, it continues to contribute to the community. Its primary mission involves promoting industrial development in the McGehee area. Financially and managerially, the foundation supports the Rohwer-Jerome WWII Japanese American Internment Museum, a 501(c)(3) organization, serving as an essential historical and educational exhibit. The foundation also extends its support to a local non-profit hospital. In addition to its financial commitments, the McGehee Industrial Foundation has initiated a project to develop a pocket-park in downtown McGehee, aiming to enhance the community's public spaces.

Is Mcgehee Industrial Foundation legitimate?

Mcgehee Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mcgehee 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $3,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $908

For more financial information, click here

What is the mission statement of Mcgehee Industrial Foundation?

The McGehee Industrial Foundation is committed to promoting industrial development in an unspecified area. It provides financial and managerial support to the Rohwer-Jerome WWII Japanese American Internment Museum, a 501(c)(3) organization. The foundation also supports a local non-profit hospital and is involved in the development of a pocket-park in a downtown area. Due to the Covid pandemic, they have had to adjust their annual fundraising activities. Despite the challenges, they continue to advertise and promote the museum as a significant historical and educational exhibit and have begun construction on the pocket-park.

Who is the CEO of Mcgehee Industrial Foundation?

James M Smith is the President of Mcgehee Industrial Foundation.

What is the revenue of Mcgehee Industrial Foundation?

Mcgehee Industrial Foundation's revenue in 2022 was $57,779.

Who are the executives of Mcgehee Industrial Foundation and what are their salaries?

The average compensation at Mcgehee Industrial Foundation during 2022 was $4,708. There is 1 employee and 20 volunteers at Mcgehee Industrial Foundation.


Here are 9 key members and their salaries:


James M Smith (President)
  • Compensation: $2,600
  • Related: $0
  • Other: $0
Jamie Stallans (Secretary)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Bob Lucky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Wesson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Tindall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Owyoung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Daniels (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Ware (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mcgehee Industrial Foundation?

Mcgehee Industrial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mcgehee Industrial Foundation

The McGehee Industrial Foundation, a non-profit organization, is dedicated to promoting industrial development in its respective area. Beyond this primary focus, the foundation also extends its support to worthy causes. This includes providing financial and managerial aid to the Rohwer-Jerome WWII Japanese American Internment Museum, a 501(c)(3) organization. The foundation further lends its aid to a local non-profit hospital, demonstrating its commitment to the community's well-being. Additionally, the McGehee Industrial Foundation is involved in the development of a pocket-park in downtown McGehee, AR, contributing to the community's aesthetic and recreational facilities. Despite the challenges posed by the Covid pandemic, the foundation has continued its support for the Rohwer Location Japanese-American World War II Relocation Museum and has begun construction on the pocket-park.

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Impact




October, 2024

The Mcgehee Industrial Foundation plays a crucial role in enhancing the economic and cultural landscape of McGehee, Arkansas. By focusing on industrial development, the foundation nurtures local businesses and promotes growth in the area, thereby creating jobs and fostering community prosperity.

One significant aspect of its impact is the financial and managerial support provided to the Rohwer-Jerome WWII Japanese American Internment Museum. This museum serves as an important historical and educational resource, helping to preserve and share the stories of Japanese Americans interned during World War II. Despite challenges posed by the COVID-19 pandemic, the foundation continued to support the museum's operations, ensuring that this vital piece of history remains accessible to the public.

Additionally, the foundation has invested in community wellness by supporting the local non-profit hospital, enhancing healthcare services in the region. The development of a pocket park in downtown McGehee further enriches the community's social environment, providing a space for residents to gather, relax, and enjoy outdoor activities.

Through these initiatives, the Mcgehee Industrial Foundation fosters a stronger, more vibrant community, highlighting the importance of historical awareness, health, and recreation in local development.




This information is meant to be a general summary of Mcgehee 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.

Revenue
$57,779 (2022)
Expenses
$100,961 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $857
  • Program Service Revenue: $541
  • Gross Receipts: $57,779

Assets and Liabilities:

  • Total Assets: $573,900
  • Total Liabilities: $0
  • Net Assets: $573,900

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Programs

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

Admissions and sales

Revenue

$541

Organization Details

Founding Year

1986

Principal Officer

James M Smith

Main Address

PO Box 612, McGehee, AR, 71654

NTEE Category

Code: A54 - Arts

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