Overview
What is Bowie Industrial Development Foundation Inc?
Bowie Industrial Development Foundation Inc, situated in Bowie, Texas, serves as a nonprofit organization with a primary mission to stimulate economic growth in the area. They achieve this goal by constructing and maintaining a building to attract new businesses and industries to Bowie. This initiative aims to foster a thriving local economy, potentially creating job opportunities and enhancing the community's overall prosperity. The foundation's headquarters can be found at 1602 Jefferson Street, Bowie, TX 76230.
Is Bowie Industrial Development Foundation Inc legitimate?
Bowie Industrial Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bowie Industrial Development 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 Bowie Industrial Development Foundation Inc?
The Bowie Industrial Development Foundation Inc's mission is centered around attracting new businesses and industries. They achieve this objective by constructing and maintaining a building, acting as a magnet to draw in potential businesses. Essentially, their role is to foster economic growth and development by providing an attractive business environment. The foundation's activities are geared towards enhancing business opportunities and stimulating local economic activity.
Who is the CEO of Bowie Industrial Development Foundation Inc?
Jk Brite is the President of Bowie Industrial Development Foundation Inc.
What is the revenue of Bowie Industrial Development Foundation Inc?
Bowie Industrial Development Foundation Inc's revenue in 2022 was $86,429.
Who are the executives of Bowie Industrial Development Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Bowie Industrial Development Foundation Inc?
Bowie Industrial Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bowie Industrial Development Foundation Inc
The Bowie Industrial Development Foundation Inc is dedicated to attracting new businesses and industries to its sphere of influence. This organization achieves this goal, in part, by constructing and maintaining a building that serves as an attractive prospect for potential businesses. By managing this facility, the Bowie Industrial Development Foundation Inc aims to stimulate economic growth and create job opportunities within its community.
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Impact
October, 2024
Bowie Industrial Development Foundation Inc significantly impacts the local economy and community by attracting new businesses and industries to Bowie, Texas. By constructing and maintaining a dedicated facility, the foundation creates an appealing environment for potential enterprises looking to establish a presence in the area. This strategic approach not only fosters economic growth but also stimulates job creation, enhances community services, and promotes overall development.
Through its efforts, the foundation plays a crucial role in diversifying Bowie’s economic landscape, making the city more resilient and competitive. The establishment of new businesses leads to increased tax revenues, which can be reinvested into community projects and infrastructure. Moreover, by supporting business attraction, the foundation contributes to a more vibrant local culture and improves the quality of life for residents. Overall, the Bowie Industrial Development Foundation Inc is a catalyst for positive change, driving community improvement and economic advancement in Bowie, TX.
This information is meant to be a general summary of Bowie Industrial Development 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.
- Program Service Revenue: $86,429
- Gross Receipts: $86,429
Assets and Liabilities:
- Total Assets: $783,470
- Total Liabilities: $0
- Net Assets: $783,470
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMERCIAL BLDG RENTAL
Revenue
$86,280
MISCELLANEOUS
Revenue
$124
INTEREST INCOME
Revenue
$25
Organization Details
Founding Year
1961
Phone
(940) 366-3072Principal Officer
Jk Brite
Main Address
1602 JEFFERSON, BOWIE, TX, 76230
NTEE Category
Code: S31 - Community improvement
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