Gilmer Industrial Foundation Inc

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

EIN: 751908534 ✦ Gilmer, TX ✦ Designated as a 501(c)(6)

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Overview

What is Gilmer Industrial Foundation Inc?

Gilmer Industrial Foundation Inc is a nonprofit organization situated in Gilmer, Texas. Its primary focus is on fostering and enhancing the growth of both new and established businesses within the area. Through its mission, the foundation serves as a catalyst, providing a supportive environment for businesses to prosper and contribute positively to the local economy. The organization's activities are centered around business development, offering resources and opportunities that help businesses thrive and prosper in their community.

Is Gilmer Industrial Foundation Inc legitimate?

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


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

What is the mission statement of Gilmer Industrial Foundation Inc?

The Gilmer Industrial Foundation's mission is centered around promoting and fostering the growth of both new and established businesses. By focusing on business development, the organization provides a platform for these businesses to prosper and succeed within their local economy. This mission is instrumental in supporting the thriving and flourishing of businesses in the given area.

Who is the CEO of Gilmer Industrial Foundation Inc?

Larry Cowan is the Director of Gilmer Industrial Foundation Inc.

What is the revenue of Gilmer Industrial Foundation Inc?

Gilmer Industrial Foundation Inc's revenue in 2023 was -$31,779.

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


Here are 14 key members and their salaries:


Bart Austin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Cano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Dodd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Gage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcwhorter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Morse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Smith (1St Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hadden Stames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stevenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Weems (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Cowan (2Nd Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Herrmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gilmer Industrial Foundation Inc?

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

Mission Statement of Gilmer Industrial Foundation Inc

The Gilmer Industrial Foundation, in its mission, is dedicated to fostering the growth and prosperity of businesses in the Gilmer area. By embracing a business development approach, this organization provides a conducive environment for both new ventures and established businesses to flourish and contribute to the local economy. The Gilmer Industrial Foundation serves as a catalyst, offering the necessary support and resources to enable businesses to thrive and reach their full potential.

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Impact




October, 2024

The Gilmer Industrial Foundation Inc has a significant impact on the local economy of Gilmer, Texas, through its dedicated efforts in business development. By promoting and facilitating the growth of both new and existing businesses in the area, the foundation plays a crucial role in enhancing the economic landscape. This support helps businesses thrive, creating job opportunities and fostering a vibrant community. Through its mission, the foundation contributes to community improvement, ensuring that Gilmer remains a dynamic place for commerce and innovation. Overall, its impact resonates not only in economic terms but also in the overall quality of life for residents in the region.




This information is meant to be a general summary of Gilmer 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.

Revenue
-$31,779 (2023)
Expenses
$43,816 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $5,539
  • Gross Receipts: $26,145

Assets and Liabilities:

  • Total Assets: $1,613,914
  • Total Liabilities: $645,210
  • Net Assets: $968,704

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Organization Details

Founding Year

1961

Principal Officer

Larry Cowan

Main Address

212 E JEFFERSON ST, GILMER, TX, 75644

NTEE Category

Code: S31 - Community improvement

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