Overview
What is Big Spring Industrial Foundation?
The Big Spring Industrial Foundation is a nonprofit organization situated in Big Spring, Texas (specifically at PO Box 3191). Their primary mission is to stimulate the growth of industries and businesses within the Big Spring and Howard County area. By actively recruiting businesses, their aim is to boost the number of job opportunities and wage base within the local community. This industrial development endeavor is crucial in supporting the City of Big Spring and Howard County, Texas.
Is Big Spring Industrial Foundation legitimate?
Big Spring Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Big Spring 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.
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What is the mission statement of Big Spring Industrial Foundation?
The Big Spring Industrial Foundation's mission is centered around promoting industrial development. Specifically, it aims to attract industries and businesses to the unspecified locale, contributing to an increase in job opportunities and wage base within the local area. The organization actively works towards this goal by recruiting industries and businesses.
Who is the CEO of Big Spring Industrial Foundation?
Richard Steel is the President of Big Spring Industrial Foundation.
What is the revenue of Big Spring Industrial Foundation?
Big Spring Industrial Foundation's revenue in 2022 was $33,469.
Who are the executives of Big Spring Industrial Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Big Spring Industrial Foundation?
Big Spring Industrial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Big Spring Industrial Foundation
The Big Spring Industrial Foundation, as a nonprofit organization, is dedicated to the mission of fostering industrial development within the city of Big Spring and Howard County, Texas. Its primary objective is to attract and recruit industries and businesses to the area, with the ultimate goal of increasing the number of job opportunities and boosting the wage base in the local community. The foundation's activities are geared towards promoting industrial growth, thereby contributing to the economic development and prosperity of the region.
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Impact
October, 2024
Big Spring Industrial Foundation significantly impacts the local economy by actively recruiting industries and businesses to the Big Spring and Howard County area. This effort aims to create more job opportunities and enhance the wage base, ultimately strengthening the community's economic stability. By focusing on industrial development, the foundation plays a crucial role in fostering growth and improvement within the region, contributing to the overall vitality and sustainability of the local economy.
This information is meant to be a general summary of Big Spring 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 2022.
- Investment Income: $4,262
- Gross Receipts: $33,469
Assets and Liabilities:
- Total Assets: $1,836,127
- Total Liabilities: $0
- Net Assets: $1,836,127
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Organization Details
Principal Officer
Richard Steel
Main Address
PO Box 3191, Big Spring, TX, 79721
NTEE Category
Code: S31 - Community improvement
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