Overview
What is Caddo Ward Ii Industrial Development Corporation?
Caddo Ward II Industrial Development Corporation, located in Vivian, Louisiana, is a nonprofit organization with a specific mission. Primarily, it aims to improve the infrastructure of Ward II in Caddo Parish, Louisiana, with funds derived from a legislatively allocated share of gaming boat boarding fees. This strategic investment is designed to entice businesses to establish operations in the region, thereby contributing to the local economy and fostering community development. The corporation's activities are centered around attracting businesses to Ward II, ultimately promoting economic growth and prosperity in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Caddo Ward II Industrial Development Corporation demonstrates some solid organizational practices, there are significant areas in which it falls short, particularly regarding transparency and governance policies.
The organization has strengths in governance, evidenced by a fully independent board and a solid score in financial metrics such as a low liabilities-to-assets ratio and a high program expense ratio. These factors suggest that funds are being utilized effectively for their intended purposes. However, the absence of critical policies and transparency measures, such as a conflict of interest policy and a whistleblower policy, raises concerns about the organization's accountability.
These missing elements not only impact the overall rating but also suggest a potential risk in management practices. For stakeholders and potential donors, these limitations highlight the need for improved governance structures to enhance trust and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Caddo Ward Ii Industrial Development Corporation legitimate?
Caddo Ward Ii Industrial Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caddo Ward Ii Industrial Development Corporation 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 Caddo Ward Ii Industrial Development Corporation?
The Caddo Ward II Industrial Development Corporation's mission is centered around attracting businesses to a specific area. More specifically, their objective is to draw businesses to Ward II in Caddo Parish, Louisiana. To achieve this goal, they utilize a portion of gaming boat boarding fees that are legislatively allocated to them. This funding is then utilized to enhance the infrastructure of Ward II, making it an appealing location for businesses to establish themselves, thereby contributing to the region's economic growth.
Who is the CEO of Caddo Ward Ii Industrial Development Corporation?
James Lacaze is the Treasurer of Caddo Ward Ii Industrial Development Corporation.
What is the revenue of Caddo Ward Ii Industrial Development Corporation?
Caddo Ward Ii Industrial Development Corporation's revenue in 2022 was $71,451.
Who are the executives of Caddo Ward Ii Industrial Development Corporation and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Caddo Ward Ii Industrial Development Corporation?
Caddo Ward Ii Industrial Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Caddo Ward Ii Industrial Development Corporation
Caddo Ward II Industrial Development Corporation, a nonprofit entity, is committed to a mission that aims to entice businesses to Ward II of Caddo Parish, Louisiana. Their primary objective is to enhance the region's infrastructure through the judicious use of a legislatively allocated portion of gaming boat boarding fees. By improving the area's infrastructure, this organization intends to create an attractive business environment, thereby stimulating economic growth and development in Ward II of Caddo Parish.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Caddo Ward II Industrial Development Corporation plays a crucial role in the economic development of Ward II of Caddo Parish, Louisiana. By utilizing legislatively allocated funds from gaming boat boarding fees, the organization improves the infrastructure of the region to attract businesses. This proactive approach enhances the economic landscape of Ward II by creating opportunities for new businesses to establish themselves in the area. Ultimately, the impact of the Caddo Ward II Industrial Development Corporation is seen in the revitalization and growth of the local economy, contributing to community improvement and prosperity.
This information is meant to be a general summary of Caddo Ward Ii Industrial Development Corporation. 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: $2,464
- Gross Receipts: $71,451
Assets and Liabilities:
- Total Assets: $2,651,180
- Total Liabilities: $245,268
- Net Assets: $2,405,912
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1995
Phone
(318) 929-4518Principal Officer
James Lacaze
Main Address
POST OFFICE BOX 1043, VIVIAN, LA, 710821043
NTEE Category
Code: S80Z - Community improvement
If you are a representative of Caddo Ward Ii Industrial Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.