Overview
What is Randolph County Industrial Developm?
Randolph County Industrial Development is a nonprofit organization situated in Pocahontas, Arkansas, with a postal address at PO Box 467D. Their primary mission is to foster and stimulate agricultural and industrial growth in Pocahontas and Randolph County. They accomplish this by offering information to prospective industries, aiding in small business development, and collaborating with existing businesses in the area. Their goal is to encourage economic advancement and development within the county, ultimately benefiting the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that Randolph County Industrial Development has demonstrated some accountability and finance standards but lacks a high overall performance. The organization received a score solely based on its Accountability & Finance beacon, highlighting areas where it excels, yet suggests room for improvement in overall effectiveness.
The nonprofit achieved high marks for its governance, with a fully independent board and a strong commitment to documenting board meeting minutes. Additionally, it has a clean financial record, with no material diversion of assets and an impressive liabilities to assets ratio of 0.00%. The program expense ratio of 96.48% showcases a solid commitment to channeling funds directly into its programs.
However, the two-star rating implies there are significant areas for development that may affect its overall impact and performance. While financial accountability is strong, other factors contributing to overall effectiveness and transparency may need further attention in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Randolph County Industrial Developm legitimate?
Randolph County Industrial Developm is a legitimate nonprofit organization registered as a 501(c)(3) entity. Randolph County Industrial Developm 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Randolph County Industrial Developm?
The mission of Randolph County Industrial Development, in essence, is to stimulate and foster both agricultural and industrial growth within its jurisdiction. This organization takes an active role in promoting development by supplying necessary information to potential industries, aiding in the expansion of small businesses, and collaborating with existing businesses in the area. Its objective is to contribute positively to the overall economic development of the region.
What is the revenue of Randolph County Industrial Developm?
Randolph County Industrial Developm's revenue in 2024 was $52,435.
Who are the executives of Randolph County Industrial Developm and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Randolph County Industrial Developm?
Randolph County Industrial Developm's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Randolph County Industrial Developm
Randolph County Industrial Development, as an organization, is dedicated to fostering and advancing the agricultural and industrial growth of Pocahontas City and Randolph County. Their mission is to serve as a catalyst, encouraging and promoting development in these sectors. They accomplish this by providing valuable information to prospective industries, supporting small business development, and collaborating with existing businesses in the area. This proactive approach aims to stimulate economic growth and improve the overall well-being of the community.
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Impact
August, 2024
The impact of Randolph County Industrial Development is significant in fostering the agricultural and industrial growth of Pocahontas and Randolph County. By providing essential information to prospective industries, assisting in small business development, and supporting existing businesses in the area, the organization plays a crucial role in driving economic advancement and community improvement in the region.
This information is meant to be a general summary of Randolph County Industrial Developm. 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 2024.
- Investment Income: $32,935
- Program Service Revenue: $19,500
- Gross Receipts: $52,435
Assets and Liabilities:
- Total Assets: $776,436
- Total Liabilities: $0
- Net Assets: $776,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$19,500
Organization Details
Principal Officer
John Jackson
NTEE Category
Code: S40Z - Community improvement
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