Franklinton Economic Development Foundation Inc

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

EIN: 721182299 ✦ Franklinton, LA ✦ Designated as a 501(c)(6)

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Overview

What is Franklinton Economic Development Foundation Inc?

Franklinton Economic Development Foundation Inc, located in Franklinton, Louisiana, serves as a business or industry association. Their primary mission is to stimulate the economic growth of the city by promoting various developmental initiatives. This nonprofit organization is dedicated to enhancing Franklinton's economic landscape, thereby contributing positively to the local community.


Official website here: www.franklintonarea.com

Is Franklinton Economic Development Foundation Inc legitimate?

Franklinton Economic Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Franklinton Economic Development Foundation Inc 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


Official website here: www.franklintonarea.com

What is the mission statement of Franklinton Economic Development Foundation Inc?

The Franklinton Economic Development Foundation is an organization dedicated to advancing economic growth. Its mission, in its own words, is to foster economic development in the unspecified location. By doing so, the foundation aims to contribute positively to the local economy and potentially drive progress within the community. The organization serves as a catalyst for business growth and industry development, working towards a prosperous future for the area. It may engage in various activities such as networking events, promotional campaigns, or strategic partnerships to achieve its goal.


Official website here: www.franklintonarea.com

Who is the CEO of Franklinton Economic Development Foundation Inc?

Claire Mcguire is the Board Member of Franklinton Economic Development Foundation Inc.


Official website here: www.franklintonarea.com

What is the revenue of Franklinton Economic Development Foundation Inc?

Franklinton Economic Development Foundation Inc's revenue in 2022 was $8,218.


Official website here: www.franklintonarea.com

Who are the executives of Franklinton Economic Development Foundation Inc and what are their salaries?


Here are 15 key members and their salaries:


Bryant Buttone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrice Crain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Descant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Gill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Graham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Harrison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Butler Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Knight (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Mcguire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Michael (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Riley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Coylean G Schlogel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Seal (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Tate (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Varnado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.franklintonarea.com

Where can I find the form 990 for Franklinton Economic Development Foundation Inc?

Franklinton Economic Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.franklintonarea.com

Learn more at the official website: www.franklintonarea.com

Mission Statement of Franklinton Economic Development Foundation Inc

Franklinton Economic Development Foundation, as a business or industry association, is committed to promoting economic development in Franklinton. Their mission is geared towards fostering growth and prosperity within the community, working tirelessly to improve its economic landscape. By undertaking various initiatives, the foundation aims to attract new businesses, stimulate local entrepreneurship, and create job opportunities for the local population. Overall, the Franklinton Economic Development Foundation's mission is to drive economic development in Franklinton, enhancing the community's overall well-being and livelihood.

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Impact




October, 2024

Franklinton Economic Development Foundation Inc plays a crucial role in fostering economic growth within Franklinton, LA. Its primary mission is to promote initiatives that enhance the local economy, create job opportunities, and support community improvement. By focusing on the strategic development of businesses and industries, the Foundation contributes to a vibrant economic landscape, attracting new investments and encouraging entrepreneurship. Through its efforts, the Foundation bolsters community engagement and collaboration, ultimately uplifting the quality of life for residents. The organization's work not only aims to stimulate economic activity but also to create a sustainable environment where local businesses can thrive and connect with the community.




This information is meant to be a general summary of Franklinton Economic Development Foundation 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
$8,218 (2022)
Expenses
$81,358 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,208
  • Gross Receipts: $8,218

Assets and Liabilities:

  • Total Assets: $1,059,305
  • Total Liabilities: $0
  • Net Assets: $1,059,305

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Organization Details

Founding Year

1991

Principal Officer

Claire Mcguire

Main Address

526 11TH AVE, FRANKLINTON, LA, 70438

NTEE Category

Code: S40 - Community improvement

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