Overview
What is Abilene Industrial Foundation?
The Abilene Industrial Foundation is a nonprofit organization based in Abilene, Texas. With a primary focus on economic development, they implement initiatives aimed at promoting business growth, expansion, and diversification in the local area. Their activities encompass entrepreneurial programs, workforce and talent development, all working towards the betterment of the economy within and surrounding Abilene. The organization's mission is centered on fostering the economic growth and development of the region.
Official website here: www.growabilene.com
Is Abilene Industrial Foundation legitimate?
Abilene Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Abilene Industrial Foundation 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: $73,946
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,946
For more financial information, click here
Official website here: www.growabilene.com
What is the mission statement of Abilene Industrial Foundation?
The Abilene Industrial Foundation is dedicated to fostering the expansion and improvement of the economy in its surrounding areas. This mission encompasses promoting business growth and retention, as well as supporting entrepreneurial endeavors and workforce development programs. The foundation also focuses on enhancing talent development initiatives to contribute to a diverse and thriving economy.
Official website here: www.growabilene.com
What is the revenue of Abilene Industrial Foundation?
Abilene Industrial Foundation's revenue in 2023 was $758,855.
Official website here: www.growabilene.com
Who are the executives of Abilene Industrial Foundation and what are their salaries?
There 75 volunteers at Abilene Industrial Foundation.
Here are 60 key members and their salaries:
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Official website here: www.growabilene.com
Where can I find the form 990 for Abilene Industrial Foundation?
Abilene Industrial Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.growabilene.com
Learn more at the official website: www.growabilene.com
Mission Statement of Abilene Industrial Foundation
The Abilene Industrial Foundation is committed to fostering the expansion and diversification of the economy in its vicinity. This nonprofit organization focuses on promoting business growth through strategic programs, specifically in the areas of business retention and expansion, and entrepreneurial development. Additionally, the Abilene Industrial Foundation is dedicated to enhancing workforce and talent development, all with the aim of contributing to the overall economic prosperity in the region.
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Impact
October, 2024
Abilene Industrial Foundation significantly enhances the economic landscape of Abilene and its surrounding areas. By implementing targeted programs for business retention and expansion, the foundation fosters a thriving environment for local businesses. Additionally, its initiatives in entrepreneurial support and workforce development are pivotal in nurturing talent and driving innovation. This commitment not only strengthens the local economy but also promotes diversity and sustainable growth, ensuring that Abilene remains competitive and vibrant in an ever-changing economic landscape. Through these strategic efforts, the foundation contributes to the overall improvement and prosperity of the community.
This information is meant to be a general summary of Abilene Industrial Foundation. 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: $6,739
- Program Service Revenue: $350,000
- Gross Receipts: $758,855
Assets and Liabilities:
- Total Assets: $2,100,803
- Total Liabilities: $182,310
- Net Assets: $1,918,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Government Contracts
Revenue
$350,000
Organization Details
Founding Year
1962
Principal Officer
Doug Peters
Website
www.growabilene.comNTEE Category
Code: S31 - Community improvement
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