Dewitt Industrial Development Corp

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

EIN: 716052673 ✦ Dewitt, AR ✦ Designated as a 501(c)(6)

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Overview

What is Dewitt Industrial Development Corp?

Dewitt Industrial Development Corp is a nonprofit organization committed to enhancing its community. Their mission is centered around bettering the local area, primarily through generating income from land rent and related expenses. The organization's programs solely rely on this income source, demonstrating their dedication to their mission without relying on external funding sources. Although the scale of their initiatives is not specified, it's clear that DeWitt Industrial Development Corp is dedicated to contributing to their community in a sustainable and financially independent manner.

Is Dewitt Industrial Development Corp legitimate?

Dewitt Industrial Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Dewitt 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Dewitt Industrial Development Corp?

The Dewitt Industrial Development Corporation is committed to enhancing its community through its mission. The organization solely funds its initiatives through income derived from renting land and covering related expenses. The primary focus of DeWitt Industrial Development Corporation is to contribute positively to its community, utilizing its financial resources efficiently. By relying on rental income, the corporation is able to support various community programs without relying on external funding sources. The corporation's mission is to continuously improve the well-being and quality of life within its community.

Who is the CEO of Dewitt Industrial Development Corp?

Jimmy Black is the President of Dewitt Industrial Development Corp.

What is the revenue of Dewitt Industrial Development Corp?

Dewitt Industrial Development Corp's revenue in 2022 was $5,500.

Who are the executives of Dewitt Industrial Development Corp and what are their salaries?


Here are 7 key members and their salaries:


Dewayne Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Hornbeck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Vansandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Jennings Jr (Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Grantham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Black (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dewitt Industrial Development Corp?

Dewitt Industrial Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dewitt Industrial Development Corp

Dewitt Industrial Development Corp, a community-focused organization, is committed to enhancing its surroundings through its mission. The corporation primarily funds its programs by generating income from land rent and associated expenses, indicating its financial sustainability and dedication to its community objectives. The organization's mission is geared towards bettering the community as a whole, demonstrating its steadfast commitment to improving living standards and fostering a sense of unity and progress.

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Impact




October, 2024

Dewitt Industrial Development Corp plays a crucial role in enhancing the community in DeWitt, Arkansas. By focusing on community improvement, it implements various programs designed to address local needs and foster growth. The organization relies on income generated from land rent to fund its initiatives, ensuring that its activities are sustainable and directly linked to the community's development.

Through its dedicated efforts, Dewitt Industrial Development Corp contributes to economic vitality, potentially attracting new businesses and encouraging local entrepreneurship. This focus on improving the community not only addresses immediate concerns but also lays the groundwork for long-term benefits, enhancing the overall quality of life for residents in the area.




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

Revenue
$5,500 (2022)
Expenses
$1,135 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $5,500

Assets and Liabilities:

  • Total Assets: $763,107
  • Total Liabilities: $0
  • Net Assets: $763,107

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Organization Details

Founding Year

2008

Principal Officer

Jimmy Black

Main Address

PO Box 511, DeWitt, AR, 72042

NTEE Category

Code: S31 - Community improvement

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