Overview
What is Dermott Industrial Development Corp?
Dermott Industrial Development Corp is a nonprofit organization situated in Dermott, dedicated to promoting economic growth within the community. They extend their support to several local entities, such as Arkansas Good Roads, Dermott American Legion, Dermott Historical Museum, Dermott High School, and the City of Dermott. By offering assistance to these organizations, Dermott Industrial Development Corp is actively contributing to the town's overall development and betterment.
Is Dermott Industrial Development Corp legitimate?
Dermott Industrial Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dermott Industrial Development Corp 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: $1,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Dermott Industrial Development Corp?
The Dermott Industrial Development Corporation serves a mission of fostering economic development by offering aid to various organizations within its community. This includes support for Arkansas Good Roads, Dermott American Legion, Dermott Historical Museum, Dermott High School, and the City of Dermott. By providing assistance to these entities, the corporation aims to contribute to the overall development and growth of the local economy.
Who is the CEO of Dermott Industrial Development Corp?
Frank Henry Jr is the Sec/Treas of Dermott Industrial Development Corp.
What is the revenue of Dermott Industrial Development Corp?
Dermott Industrial Development Corp's revenue in 2022 was $300,467.
Who are the executives of Dermott Industrial Development Corp and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $1,800
- Related: $0
- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Dermott Industrial Development Corp?
Dermott Industrial Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dermott Industrial Development Corp
Dermott Industrial Development Corporation, as a dedicated nonprofit entity, plays a pivotal role in fostering economic growth by offering support to various organizations within its sphere. These organizations include Arkansas Good Roads, the Dermott American Legion, the Dermott Historical Museum, Dermott High School, and the City of Dermott. By extending its assistance, Dermott Industrial Development Corporation contributes to the enhancement and upliftment of these entities, thereby contributing to the overall economic development of the community.
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Impact
October, 2024
Dermott Industrial Development Corp plays a pivotal role in fostering economic development in Dermott, Arkansas. By providing support to various local organizations, such as Arkansas Good Roads, Dermott American Legion, Dermott Historical Museum, Dermott High School, and the City of Dermott, the organization helps to enhance community infrastructure, preserve local history, and promote educational initiatives. This multifaceted approach not only strengthens the local economy but also enriches the community's cultural and social fabric. Through its efforts, Dermott Industrial Development Corp significantly contributes to the overall improvement and sustainability of the region, facilitating growth and collaboration among key stakeholders.
This information is meant to be a general summary of Dermott Industrial Development Corp. 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: $300,467
- Gross Receipts: $303,511
Assets and Liabilities:
- Total Assets: $412,125
- Total Liabilities: $0
- Net Assets: $412,125
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Organization Details
Phone
(870) 538-8551Principal Officer
Frank Henry Jr
Main Address
PO BOX 323, DERMOTT, AR, 71638
NTEE Category
Code: S30 - Community improvement
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