Overview
What is Denison Industrial Foundation Inc?
Denison Industrial Foundation Inc, based in Denison, Texas, serves as a catalyst for industrial and business growth within the city. Their primary mission is to stimulate this development, contributing positively to the local economy and community. The organization likely engages in various activities to achieve this goal, such as advocacy, collaboration with local businesses, and potentially offering resources or support to new or existing industries. The exact nature of these activities may vary, but their overarching aim is to foster a thriving industrial and business environment in Denison, Texas.
Is Denison Industrial Foundation Inc legitimate?
Denison Industrial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Denison Industrial Foundation Inc 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 Denison Industrial Foundation Inc?
The Denison Industrial Foundation Inc is committed to fostering industrial and business growth within its realm. This mission involves actively promoting and encouraging the development of various industries within its jurisdiction. By doing so, the foundation aims to contribute positively to the economic progress and prosperity of the associated business community.
Who is the CEO of Denison Industrial Foundation Inc?
Meredith Doty is the Chairman of Denison Industrial Foundation Inc.
What is the revenue of Denison Industrial Foundation Inc?
Denison Industrial Foundation Inc's revenue in 2022 was $1,661,101.
Who are the executives of Denison Industrial Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Denison Industrial Foundation Inc?
Denison Industrial Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Denison Industrial Foundation Inc
Denison Industrial Foundation Inc, as a nonprofit organization, is dedicated to promoting industrial and business growth within the realm of its operations. Its mission encompasses fostering an environment that encourages the development of industries and businesses within the city of Denison, Texas. By working towards this goal, Denison Industrial Foundation Inc aims to contribute positively to the city's economic growth and development.
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Impact
October, 2024
Denison Industrial Foundation Inc plays a crucial role in promoting industrial and business development in Denison, Texas. By fostering a supportive environment for local businesses, the Foundation contributes to economic growth and job creation in the region. Its initiatives aim to strengthen the community by attracting new industries, supporting existing businesses, and enhancing the overall quality of life for residents.
The Foundation’s efforts not only stimulate the local economy but also encourage community engagement and investment. As a result, Denison experiences increased opportunities for employment and commerce, ultimately leading to a more vibrant and thriving community. Through strategic partnerships and targeted initiatives, the Foundation helps ensure that Denison remains an appealing destination for businesses and investors alike.
This information is meant to be a general summary of Denison Industrial Foundation Inc. 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: $301,689
- Program Service Revenue: $1,359,412
- Gross Receipts: $1,700,938
Assets and Liabilities:
- Total Assets: $13,598,078
- Total Liabilities: $6,705,204
- Net Assets: $6,892,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT REIMBURSEMENT
Revenue
$1,359,412
Organization Details
Founding Year
1959
Phone
(903) 464-0883Principal Officer
Meredith Doty
Main Address
311 WEST WOODARD, DENISON, TX, 75020
NTEE Category
Code: S31 - Community improvement
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