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Seminole Industrial Foundation

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

EIN: 736094988 ✦ Seminole, OK ✦ Designated as a 501(c)(6)

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Overview

What is Seminole Industrial Foundation?

The Seminole Industrial Foundation is a nonprofit organization situated in Seminole, Oklahoma. Their primary role is to stimulate industrial growth and economic development within the region. They achieve this by maintaining an industrial park and offering rental spaces for businesses. This strategic approach helps to foster a thriving business environment, thereby contributing to the local economy.

Is Seminole Industrial Foundation legitimate?

Seminole Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Seminole Industrial Foundation 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 Seminole Industrial Foundation?

The Seminole Industrial Foundation's mission is centered around promoting industrial and economic growth. They accomplish this by maintaining an industrial park and offering rental locations, thereby fostering business development in a strategic manner. This foundation plays a significant role in stimulating economic activity and growth, contributing to the overall prosperity of the relevant community.

Who is the CEO of Seminole Industrial Foundation?

Ernie Willis is the President of Seminole Industrial Foundation.

What is the revenue of Seminole Industrial Foundation?

Seminole Industrial Foundation's revenue in 2023 was $19,803.

Who are the executives of Seminole Industrial Foundation and what are their salaries?


Here are 3 key members and their salaries:


Ernie Willis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Schoaps (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Seminole Industrial Foundation?

Seminole Industrial Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Seminole Industrial Foundation

The Seminole Industrial Foundation, as a nonprofit entity, is dedicated to fostering industrial and economic growth. They achieve this goal by maintaining an industrial park and offering rental locations within the community of Seminole, Oklahoma. This strategic approach provides businesses with the necessary resources to establish and expand their operations, thereby contributing to the overall economic development of the area.

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Impact




October, 2024

The Seminole Industrial Foundation plays a vital role in fostering industrial and economic development in Seminole, OK. By maintaining an industrial park and offering rental locations, it attracts businesses and promotes local employment opportunities. This initiative enhances the community's economic landscape, encouraging growth and innovation. The foundation's efforts contribute significantly to community improvement by supporting businesses, creating jobs, and strengthening the local economy. Through these activities, it helps build a vibrant industrial ecosystem that benefits residents and businesses alike.




This information is meant to be a general summary of Seminole Industrial Foundation. 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
$19,803 (2023)
Expenses
$7,778 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $803
  • Gross Receipts: $19,803

Assets and Liabilities:

  • Total Assets: $287,674
  • Total Liabilities: $0
  • Net Assets: $287,674

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Organization Details

Principal Officer

Ernie Willis

Main Address

PO BOX 1943, SEMINOLE, OK, 74868

NTEE Category

Code: S41 - Community improvement

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