Catfish Festival Inc

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

EIN: 721098958 ✦ Winnsboro, LA ✦ Designated as a 501(c)(6)

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Overview

What is Catfish Festival Inc?

Catfish Festival Inc is a nonprofit organization situated in Winnsboro, Louisiana, within Franklin Parish. Established with the primary objective of promoting the local Catfish industry and boosting the image of the town and parish, the organization contributes to local advancements by supporting various local and parish activities and organizations. Their mission involves organizing events that highlight the rich Catfish culture and stimulate growth within the community. By doing so, Catfish Festival Inc plays a significant role in fostering a sense of unity and pride in Franklin Parish, Louisiana.

Is Catfish Festival Inc legitimate?

Catfish Festival Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Catfish Festival Inc submitted a form 990EZ, 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.

What is the mission statement of Catfish Festival Inc?

The mission of Catfish Festival Inc., as stated, is primarily geared towards promoting the Catfish industry and boosting the visibility of a specific location, presumably a town or parish. This organization uses local events as a tool to achieve these objectives, also aiming to support and contribute to various local and community activities and organizations. In essence, Catfish Festival Inc. serves to enhance the recognition of the Catfish industry while positively impacting its surrounding community.

Who is the CEO of Catfish Festival Inc?

Cloid White is the President of Catfish Festival Inc.

What is the revenue of Catfish Festival Inc?

Catfish Festival Inc's revenue in 2020 was $18,350.

Who are the executives of Catfish Festival Inc and what are their salaries?


Here are 3 key members and their salaries:


Paul Price Jr (Exec. Director)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Cloid White (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindy Price (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Catfish Festival Inc?

Catfish Festival Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Catfish Festival Inc

Catfish Festival Inc, as an organization, was established with the primary mission of promoting the Catfish industry and boosting the visibility of Winnsboro, Louisiana, and Franklin Parish. The festival serves as a means to support local and parish activities and organizations, ultimately contributing to their overall improvement. By organizing this local event, Catfish Festival Inc aims to not only promote the region but also to assist in the betterment of its local community.

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Impact




October, 2024

Catfish Festival Inc significantly enhances the community by promoting the catfish industry and elevating the profile of Winnsboro, Louisiana, as well as Franklin Parish. The festival fosters local pride and economic development by drawing visitors to the area, encouraging tourism, and supporting local businesses. Its activities facilitate local improvements, ensuring that resources are directed towards enhancing the community’s infrastructure and services.

Moreover, the festival serves as a platform to support various local organizations and parish activities, cultivating a spirit of collaboration among residents. It brings people together for recreational enjoyment, celebrating the cultural heritage of the region while providing opportunities for community engagement and growth. The initiative is crucial in sustaining the legacy of the catfish industry, which is vital to the local economy and identity. In essence, Catfish Festival Inc plays an integral role in strengthening community ties and promoting Franklin Parish as a vibrant place to live and visit.




This information is meant to be a general summary of Catfish Festival Inc. 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
$18,350 (2020)
Expenses
$62,747 (2020)
Efficiency

Other financial information:

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

  • Investment Income: $1,274
  • Gross Receipts: $29,282

Assets and Liabilities:

  • Total Assets: $122,814
  • Total Liabilities: $344
  • Net Assets: $122,470

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Organization Details

Principal Officer

Cloid White

Main Address

PO BOX 187, WINNSBORO, LA, 71295

NTEE Category

Code: N52 - Recreation

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