Eastland Industrial Foundation Inc

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

EIN: 756042159 ✦ Eastland, TX ✦ Designated as a 501(c)(6)

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Overview

What is Eastland Industrial Foundation Inc?

Eastland Industrial Foundation Inc is a nonprofit organization situated in Eastland, Texas. Their primary mission is to foster industrial growth within their geographical area. They collaborate closely with local entities such as the Eastland Chamber of Commerce, Eastland Economic Development, and Eastland Assisted Living Inc., working together to attract industries to their region. The foundation is dedicated to promoting industry development within their community.

Is Eastland Industrial Foundation Inc legitimate?

Eastland Industrial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Eastland Industrial 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.


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 Eastland Industrial Foundation Inc?

The Eastland Industrial Foundation Inc's mission is centered around promoting industry within its geographic area. It achieves this by collaborating with relevant organizations, such as the Eastland Chamber of Commerce, Eastland Economic Development Inc., and Eastland Assisted Living Inc., to attract various industries to its region. The foundation is actively involved in ongoing projects aimed at fostering industrial growth within its jurisdiction.

Who is the CEO of Eastland Industrial Foundation Inc?

Mike Perry is the President of Eastland Industrial Foundation Inc.

What is the revenue of Eastland Industrial Foundation Inc?

Eastland Industrial Foundation Inc's revenue in 2022 was $77,981.

Who are the executives of Eastland Industrial Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Emmett Lasater (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Warford (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Perry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary Meeks (Sectreas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eastland Industrial Foundation Inc?

Eastland Industrial Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Eastland Industrial Foundation Inc

Eastland Industrial Foundation Inc is dedicated to fostering industrial growth within its designated geographic area. This nonprofit organization actively collaborates with various local entities such as the Eastland Chamber of Commerce, Eastland Economic Development Inc., and Eastland Assisted Living Inc., to attract businesses and industries to its region. The foundation's ongoing projects are geared towards promoting industry within its boundaries, aiming to stimulate economic growth and development in the area.

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Impact




October, 2024

Eastland Industrial Foundation Inc significantly contributes to the growth and development of the Eastland area by promoting industry and attracting new businesses. Through collaborative efforts with local organizations such as the Eastland Chamber of Commerce and Eastland Economic Development, Inc., the foundation actively engages in projects aimed at enhancing the region's economic landscape. This ongoing cooperation not only fosters industrial growth but also improves community resources and living standards. By focusing on industry promotion within the geographic area, the foundation plays a crucial role in driving economic development and creating opportunities for local residents.




This information is meant to be a general summary of Eastland Industrial 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.

Revenue
$77,981 (2022)
Expenses
$21,479 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $432
  • Gross Receipts: $77,981

Assets and Liabilities:

  • Total Assets: $794,255
  • Total Liabilities: $60,000
  • Net Assets: $734,255

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Organization Details

Founding Year

1964

Principal Officer

Mike Perry

Main Address

PO BOX 351, EASTLAND, TX, 76448

NTEE Category

Code: S31 - Community improvement

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