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Tri District Development Corp

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

EIN: 720964141 ✦ Shreveport, LA ✦ Designated as a 501(c)(6)

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Overview

What is Tri District Development Corp?

Tri District Development Corp, a Shreveport, Louisiana-based nonprofit, is primarily focused on economic development. Their mission revolves around providing revolving loans within the northwest region of the state. As an economic development organization, they likely aim to stimulate growth, create jobs, and foster community development by offering financial assistance in the form of loans.

Is Tri District Development Corp legitimate?

Tri District Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tri District 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 Tri District Development Corp?

The Tri District Development Corp, serving as an economic development organization, is committed to providing revolving loans in a specific northwestern region. This mission aims to foster growth and development within the designated area by offering financial assistance in the form of revolving loans. The corporation's activities are centered around providing these loans, which can be cycled back into the organization for further lending, thereby supporting local businesses and driving economic progress.

Who is the CEO of Tri District Development Corp?

Jack Skaggs is the Director of Tri District Development Corp.

What is the revenue of Tri District Development Corp?

Tri District Development Corp's revenue in 2020 was $0.

Who are the executives of Tri District Development Corp and what are their salaries?


Here are 2 key members and their salaries:


Jack Skaggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather S Urena (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tri District Development Corp?

Tri District Development Corp's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Tri District Development Corp

Tri District Development Corp, as an economic development organization, is dedicated to providing revolving loans in the northwest region of Louisiana. Their mission is geared towards fostering economic growth and development within the community by offering accessible financing options. By providing revolving loans, Tri District Development Corp aims to support local businesses and entrepreneurs, empowering them to launch, expand, or sustain their operations, thereby contributing to the overall economic vitality of the area.

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Impact




October, 2024

Tri District Development Corp significantly enhances economic growth in Northwest Louisiana through its revolving loan program. Based in Shreveport, LA, the organization empowers local businesses by providing accessible financing options that promote entrepreneurship and community improvement. By facilitating these loans, Tri District Development Corp plays a crucial role in fostering job creation, stimulating local economies, and supporting the development of small businesses. This impact not only strengthens the regional economy but also contributes to the vitality and sustainability of the community as a whole.




This information is meant to be a general summary of Tri District 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
$0 (2020)
Expenses
$9,282 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

    Assets and Liabilities:

    • Total Assets: $179,916
    • Total Liabilities: $0
    • Net Assets: $179,916

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    Organization Details

    Principal Officer

    Jack Skaggs

    Main Address

    PO BOX 37005, SHREVEPORT, LA, 711337055

    NTEE Category

    Code: S30Z - Community improvement

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