Overview
What is Quinlan Economic Development Corporation?
The Quinlan Economic Development Corporation is a nonprofit organization situated in Quinlan, Texas. Their primary objective is to foster economic growth within the city, adhering to the Texas Development Corporation Act of 1979. They accomplish this by providing financial support, which they utilized to enhance the city's water systems and promote sidewalk development during a specific year. The corporation's mission is geared towards promoting economic development and serving the public interest in Quinlan, Texas.
Official website here: www.quinlanedc.com
Is Quinlan Economic Development Corporation legitimate?
Quinlan Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Quinlan 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.
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Official website here: www.quinlanedc.com
What is the mission statement of Quinlan Economic Development Corporation?
The Quinlan Economic Development Corporation's mission is centered around promoting economic development and serving the public interest, as outlined by the Texas Development Corporation Act of 1979. This organization actively works towards fostering economic growth in its capacity as a development corporation. In fulfilling its mission, the Quinlan Economic Development Corporation provides the necessary financial resources to enhance economic development. During the year, they had allocated funds for improving water systems and sidewalk development in the city.
Official website here: www.quinlanedc.com
What is the revenue of Quinlan Economic Development Corporation?
Quinlan Economic Development Corporation's revenue in 2024 was $720,000.
Official website here: www.quinlanedc.com
Who are the executives of Quinlan Economic Development Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.quinlanedc.com
Where can I find the form 990 for Quinlan Economic Development Corporation?
Quinlan Economic Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.quinlanedc.com
Learn more at the official website: www.quinlanedc.com
Mission Statement of Quinlan Economic Development Corporation
The Quinlan Economic Development Corporation, as per the Texas Development Corporation Act of 1979, is dedicated to fostering economic growth within its domain. The organization's primary mission is to promote economic development and serve the public interest in a manner that aligns with the aforementioned act. This entails investing in initiatives and projects that enhance the economic landscape of the community, thereby contributing to its overall prosperity and well-being.
In practical terms, the Quinlan Economic Development Corporation provides financial resources to facilitate economic development. During the year, the corporation provided funds for the improvement of water systems and sidewalk development, indicating its commitment to infrastructure development and community enhancement. By investing in such projects, the Quinlan Economic Development Corporation seeks to attract businesses, create jobs, and stimulate economic growth, ultimately benefiting the community as a whole.
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Impact
October, 2024
Quinlan Economic Development Corporation plays a crucial role in fostering economic growth and enhancing the quality of life in Quinlan, Texas. By providing essential funding, the organization supports vital community infrastructure projects, such as improved water systems and sidewalk development. These initiatives not only strengthen the local economy but also promote public interest by creating a more accessible and attractive environment for residents and businesses alike. Through its targeted efforts, the corporation actively contributes to the overall improvement and sustainability of the Quinlan community, ensuring a vibrant and thriving locale for current and future generations.
This information is meant to be a general summary of Quinlan 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 2024.
- Investment Income: $77,673
- Program Service Revenue: $641,202
- Gross Receipts: $720,000
Assets and Liabilities:
- Total Assets: $2,766,927
- Total Liabilities: $8,679
- Net Assets: $2,758,248
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES TAX REVENUES
Revenue
$641,202
Organization Details
Principal Officer
Jacky Goleman
Website
www.quinlanedc.comNTEE Category
Code: S31 - Community improvement
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