Overview
What is Navasota Industrial Foundation?
The Navasota Industrial Foundation is a nonprofit organization situated in Navasota, Texas, specifically in Grimes County. Their primary objective is to foster industrial, business, and economic growth within and surrounding this area. Their mission revolves around promoting industry development, aiming to boost the local economy. Although the information provided is limited, it suggests that they play an active role in supporting industrial and business growth in their community.
Is Navasota Industrial Foundation legitimate?
Navasota Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Navasota Industrial 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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What is the mission statement of Navasota Industrial Foundation?
The Navasota Industrial Foundation's mission is centered around fostering industrial, business, and economic growth in its surrounding areas. Its primary objective is to promote industrial development, encouraging the establishment and expansion of businesses. This mission is geared towards stimulating economic activity, ultimately contributing to the overall prosperity of the community. The foundation's activities are focused on supporting business growth and development, thereby driving economic advancement.
Who is the CEO of Navasota Industrial Foundation?
Stewart Thompson is the Director of Navasota Industrial Foundation.
What is the revenue of Navasota Industrial Foundation?
Navasota Industrial Foundation's revenue in 2020 was $72,374.
Who are the executives of Navasota Industrial Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Navasota Industrial Foundation?
Navasota Industrial Foundation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Navasota Industrial Foundation
The Navasota Industrial Foundation, in its mission, aims to foster industrial, business, and economic growth in the Grimes County area of Navasota, Texas. This nonprofit organization operates with the primary goal of promoting industry development within its jurisdiction. By doing so, it contributes to the overall economic well-being of the community, facilitating the creation and expansion of businesses.
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Impact
October, 2024
The Navasota Industrial Foundation significantly impacts economic development in and around Grimes County, Texas. By focusing on industry promotion, it fosters business growth and enhances opportunities for local employment. The Foundation's activities create an environment conducive to attracting new businesses, which can lead to increased investment and community expansion. As a catalyst for industrial and economic development, it plays a crucial role in improving the overall quality of life for residents by diversifying the local economy and enhancing community resources. Through its efforts, the Foundation not only bolsters local industry but also contributes to the long-term sustainability and vitality of the region.
This information is meant to be a general summary of Navasota 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $72,374
- Gross Receipts: $116,076
Assets and Liabilities:
- Total Assets: $713,944
- Total Liabilities: $0
- Net Assets: $713,944
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Organization Details
Founding Year
1950
Principal Officer
Stewart Thompson
Main Address
PO BOX 1106, NAVASOTA, TX, 77868
NTEE Category
Code: S00 - Community improvement
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