Overview
What is Greater Laredo Development Foundation?
Greater Laredo Development Foundation is a dedicated urban development organization situated in Laredo, Texas. Their primary objective is to propel Laredo as a prominent industrial hub. By promoting the city's potential, they aim to attract businesses and foster economic growth. The foundation's activities encompass various initiatives to showcase Laredo as an attractive industrial location, contributing to its overall development.
Is Greater Laredo Development Foundation legitimate?
Greater Laredo Development Foundation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greater Laredo Development Foundation 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.
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Other Salaries and Wages: $463,442
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What is the mission statement of Greater Laredo Development Foundation?
The Greater Laredo Development Foundation, serving as an urban development organization, is dedicated to promoting Laredo as an attractive industrial site. Their mission involves actively advocating for the city, aiming to enhance its industrial appeal and potential. By doing so, the foundation seeks to attract businesses and investments, thereby contributing to the city's economic growth and development. The organization's activities encompass various strategies to showcase Laredo's industrial strengths and opportunities, ultimately positioning it as a prime location for industrial ventures.
What is the revenue of Greater Laredo Development Foundation?
Greater Laredo Development Foundation's revenue in 2023 was $892,960.
Who are the executives of Greater Laredo Development Foundation and what are their salaries?
The average compensation at Greater Laredo Development Foundation during 2023 was $51,494. There are 9 employees at Greater Laredo Development Foundation.
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Where can I find the form 990 for Greater Laredo Development Foundation?
Greater Laredo Development Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Greater Laredo Development Foundation
The Greater Laredo Development Foundation, a urban development organization, is committed to promoting Laredo as an attractive industrial location. Its mission is to elevate Laredo's profile as a hub for industrial activities, potentially attracting businesses and investments to the area. By taking on this role, the foundation aims to contribute to the economic growth and development of the region.
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Impact
July, 2024
The Greater Laredo Development Foundation plays a crucial role in promoting Laredo as an industrial site, contributing to the economic growth and development of the city. By focusing on attracting industries and businesses to the area, the foundation helps create job opportunities, stimulate investment, and enhance the overall economic landscape of Laredo, TX. It serves as a catalyst for community improvement and urban development, working towards a more prosperous and sustainable future for the city.
This information is meant to be a general summary of Greater Laredo Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $132,157
- Gross Receipts: $892,960
Assets and Liabilities:
- Total Assets: $242,339
- Total Liabilities: $3,722
- Net Assets: $238,617
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Mileone - Program Fees
Revenue
$132,157
Organization Details
Principal Officer
Emilio Richer
NTEE Category
Code: S31 - Community improvement
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