Franklin County Industrial Foundation

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

EIN: 750809311 ✦ Mount vernon, TX ✦ Designated as a 501(c)(6)

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Overview

What is Franklin County Industrial Foundation?

The Franklin County Industrial Foundation is a nonprofit organization located in Mount Vernon, Texas, with a mission to foster and encourage business and economic growth within Franklin County. This mission is accomplished through various programs designed to promote the county itself. The foundation serves as a vital catalyst for local development, contributing to the community's prosperity.


Official website here: www.mtvernon-vernon.com

Is Franklin County Industrial Foundation legitimate?

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


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.mtvernon-vernon.com

What is the mission statement of Franklin County Industrial Foundation?

The Franklin County Industrial Foundation is committed to fostering business and economic growth in a specific region, namely Texas. Its mission is to actively promote and support the development of businesses within this area. The foundation's initiatives are geared towards enhancing the county's economic prospects. While the exact location of the foundation is not specified in the information, it is known to be based in Mount Vernon, Texas. The foundation's primary focus is on promoting the county itself, aiming to boost its economic potential and attract businesses.


Official website here: www.mtvernon-vernon.com

Who is the CEO of Franklin County Industrial Foundation?

Jeff Byrnes is the President of Franklin County Industrial Foundation.


Official website here: www.mtvernon-vernon.com

What is the revenue of Franklin County Industrial Foundation?

Franklin County Industrial Foundation's revenue in 2022 was $5,815.


Official website here: www.mtvernon-vernon.com

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


Here are 5 key members and their salaries:


Bob Mcfarland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Carlson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Byrnes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Landon Ramsay (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocio Martinez (Exec Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mtvernon-vernon.com

Where can I find the form 990 for Franklin County Industrial Foundation?

Franklin County Industrial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mtvernon-vernon.com

Learn more at the official website: www.mtvernon-vernon.com

Mission Statement of Franklin County Industrial Foundation

Franklin County Industrial Foundation, a prominent organization, is committed to fostering business and economic growth within Franklin County, Texas. Its mission is centered around promoting this region's commercial and economic development. The foundation's activities are geared towards supporting and strengthening the local business environment, with a focus on advancing the county's prosperity. Based in Mount Vernon, this nonprofit organization plays a crucial role in driving the economic development of Franklin County.

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Impact




October, 2024

The Franklin County Industrial Foundation plays a crucial role in enhancing business and economic development in Franklin County, Texas. By focusing on promoting the county, the foundation actively supports local enterprises and stimulates growth in the region. Its efforts contribute not only to the vitality of existing businesses but also to attracting new investments, which can lead to job creation and overall community improvement. Based in Mount Vernon, the foundation's initiatives are tailored to address the unique needs of the local economy, fostering an environment conducive to sustainable development. Through its programs, the foundation enhances the economic landscape of Franklin County, ultimately benefiting residents and enhancing their quality of life.




This information is meant to be a general summary of Franklin County 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
$5,815 (2022)
Expenses
$2,401 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,015
  • Gross Receipts: $5,815

Assets and Liabilities:

  • Total Assets: $725,919
  • Total Liabilities: $500
  • Net Assets: $725,419

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Organization Details

Founding Year

1951

Principal Officer

Jeff Byrnes

Main Address

PO BOX 1292, MOUNT VERNON, TX, 75457

NTEE Category

Code: S40 - Community improvement

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