Overview
What is White Oak Economic Development Corporation?
The White Oak Economic Development Corporation, situated in White Oak, Texas, is a nonprofit organization dedicated to stimulating economic growth. Their primary role involves providing incentives and loans to businesses to facilitate expansion and relocation within the area. This strategic approach aims to foster development and prosperity in White Oak, ultimately contributing to its overall economic well-being.
Official website here: www.cityofwhiteoak.com
Is White Oak Economic Development Corporation legitimate?
White Oak Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. White Oak Economic Development Corporation 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.cityofwhiteoak.com
What is the mission statement of White Oak Economic Development Corporation?
The White Oak Economic Development Corporation's mission is centered around promoting economic growth. They accomplish this by granting incentives and loans to businesses for expansion and relocation, with the primary objective of fostering economic development. The corporation operates independently, not specifying a particular location in its mission statement.
Official website here: www.cityofwhiteoak.com
What is the revenue of White Oak Economic Development Corporation?
White Oak Economic Development Corporation's revenue in 2023 was $0.
Official website here: www.cityofwhiteoak.com
Who are the executives of White Oak Economic Development Corporation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cityofwhiteoak.com
Where can I find the form 990EZ for White Oak Economic Development Corporation?
White Oak Economic Development Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.cityofwhiteoak.com
Learn more at the official website: www.cityofwhiteoak.com
Mission Statement of White Oak Economic Development Corporation
The White Oak Economic Development Corporation, in its mission, grants incentives and loans to businesses for the purpose of expansion and relocation. This nonprofit organization is dedicated to promoting economic growth within White Oak, Texas. Its primary objective is to foster a thriving business environment, attracting both established enterprises and new ventures to the area. By providing financial assistance, White Oak Economic Development Corporation aims to stimulate job creation, boost local revenue, and ultimately enhance the overall economic well-being of the community.
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Impact
October, 2024
White Oak Economic Development Corporation significantly enhances the economic landscape of White Oak, TX, by providing essential incentives and loans to stimulate business expansion and relocation. Through its targeted financial support, the corporation fosters an environment conducive to growth and innovation, directly impacting local job creation and community improvement. By facilitating business development, it promotes a thriving economy that benefits residents and attracts new investment to the area, ultimately enriching the quality of life in White Oak. The organization's efforts are pivotal in positioning White Oak as an appealing destination for businesses, contributing to a sustainable and vibrant economic future.
This information is meant to be a general summary of White Oak Economic Development Corporation. 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.
- Investment Income: $1,639
- Gross Receipts: $505,562
Assets and Liabilities:
- Total Assets: $674,885
- Total Liabilities: $0
- Net Assets: $674,885
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Organization Details
Founding Year
1995
Principal Officer
Thomas Cash
Website
www.cityofwhiteoak.comNTEE Category
Code: S30 - Community improvement
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