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Trinity Economic & Industrial Development Corporation

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

EIN: 752770925 ✦ Trinity, TX ✦ Designated as a 501(c)(6)

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Overview

What is Trinity Economic & Industrial Development Corporation?

Trinity Economic & Industrial Development Corporation is a nonprofit organization situated in Trinity, Texas. Their primary objective is to foster, aid, and boost economic growth in the area. Over the past year, they have diligently reviewed numerous projects and successfully completed one, with several more in the pipeline. The corporation plays a vital role in enhancing the local economy by promoting and assisting in its development.

Is Trinity Economic & Industrial Development Corporation legitimate?

Trinity Economic & Industrial Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Trinity Economic & Industrial 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

What is the mission statement of Trinity Economic & Industrial Development Corporation?

The Trinity Economic & Industrial Development Corporation's mission is centered around promoting, aiding, and enhancing economic growth. In line with this mission, the corporation actively reviews potential projects and works to bring them to fruition. Currently, they have completed one project with several others in the pipeline, demonstrating their commitment to fostering economic development.

Who is the CEO of Trinity Economic & Industrial Development Corporation?

Neal Smith is the President of Trinity Economic & Industrial Development Corporation.

What is the revenue of Trinity Economic & Industrial Development Corporation?

Trinity Economic & Industrial Development Corporation's revenue in 2022 was $284,643.

Who are the executives of Trinity Economic & Industrial Development Corporation and what are their salaries?


Here are 7 key members and their salaries:


Neal Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Johnson (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Walker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Womack (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clegg Dewalt (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Joe Coleman (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Joe Slaughter (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trinity Economic & Industrial Development Corporation?

Trinity Economic & Industrial Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Trinity Economic & Industrial Development Corporation

Trinity Economic & Industrial Development Corporation is a committed organization that works towards promoting, assisting, and enhancing economic development. Its mission is to contribute positively to the economic growth of its community. Over the past year, the corporation has been meticulously reviewing various projects, demonstrating its dedication to this cause. As a result of its efforts, it has successfully completed one project with several more planned for the future. By promoting, assisting, and enhancing economic development, Trinity Economic & Industrial Development Corporation aims to foster a thriving and prosperous community, providing opportunities for growth and improvement.

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Impact




October, 2024

Trinity Economic & Industrial Development Corporation has made significant strides in fostering economic growth in Trinity, Texas. By actively promoting, assisting, and enhancing various economic development initiatives, the organization has concentrated efforts on evaluating and executing projects aimed at improving the local community. After a year of diligent project review, the corporation successfully completed its first initiative, setting the stage for additional planned projects that will further bolster the town's economic landscape. Through these endeavors, Trinity EIDC plays a crucial role in driving community improvement and supporting sustainable development in the region.




This information is meant to be a general summary of Trinity Economic & Industrial 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.

Revenue
$284,643 (2022)
Expenses
$140,474 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,089
  • Gross Receipts: $284,643

Assets and Liabilities:

  • Total Assets: $2,292,385
  • Total Liabilities: $67,669
  • Net Assets: $2,224,716

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Organization Details

Founding Year

1997

Principal Officer

Neal Smith

Main Address

PO Box 2665, Trinity, TX, 75862

NTEE Category

Code: S41 - Community improvement

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