Overview
What is Americas Central Port Foundation I Inc?
Americas Central Port Foundation I Inc is a nonprofit organization, headquartered in Granite City, Illinois, specifically at 1635 W First St. Its primary purpose is to support the construction of a new warehouse and bulk storage facility through the utilization of New Market Tax Credits. This foundation is established to serve and fulfill the functions of America's Central Port District, operating solely for its benefit. The foundation's mission is aligned with this district, carrying out its purposes and objectives.
Is Americas Central Port Foundation I Inc legitimate?
Americas Central Port Foundation I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Americas Central Port Foundation I 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
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What is the mission statement of Americas Central Port Foundation I Inc?
The Americas Central Port Foundation I Inc was established with a mission to serve and support America's Central Port District. Its primary function is to operate exclusively for the benefit of this district and carry out its purposes. In specific terms, the foundation aims to provide funds and oversee activities related to the construction of a new warehouse and bulk storage facility, utilizing New Market Tax Credits. This endeavor is intended to contribute to the district's development and growth.
Who is the CEO of Americas Central Port Foundation I Inc?
Dennis J Wilmsmeyer is the Chairman of Americas Central Port Foundation I Inc.
What is the revenue of Americas Central Port Foundation I Inc?
Americas Central Port Foundation I Inc's revenue in 2022 was $3,492,184.
Who are the executives of Americas Central Port Foundation I Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Compensation: $0
- Related: $158,043
- Other: $20,650
- Compensation: $0
- Related: $107,210
- Other: $16,489
Where can I find the form 990 for Americas Central Port Foundation I Inc?
Americas Central Port Foundation I Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Americas Central Port Foundation I Inc
Americas Central Port Foundation I Inc was established with a specific purpose in mind. Its mission is to serve and support America's Central Port District, operating exclusively for its benefit and carrying out its functions. The foundation has been tasked with providing funds and overseeing activities related to the construction of a new warehouse and bulk storage facility. This is achieved through the utilization of New Market Tax Credits. By undertaking this project, Americas Central Port Foundation I Inc plays a crucial role in contributing to the development and growth of the district, potentially boosting its economic and infrastructure capabilities.
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Impact
October, 2024
America's Central Port Foundation I Inc plays a significant role in enhancing the economic landscape of the America's Central Port District. By focusing on the construction of a new warehouse and bulk storage facility through the utilization of New Market Tax Credits, the foundation is set to boost local commerce and attract new business opportunities. This infrastructure development not only facilitates improved logistics and storage capabilities but also contributes to job creation and community growth in Granite City, IL. The foundation is dedicated to ensuring that the community benefits from these improvements, reinforcing its mission to enhance the overall functionality and vibrancy of the port district. Through its activities, the foundation illustrates a commitment to long-term community betterment and economic empowerment.
This information is meant to be a general summary of Americas Central Port Foundation I 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: $640,835
- Gross Receipts: $3,492,184
Assets and Liabilities:
- Total Assets: $5,929,747
- Total Liabilities: $5,100,953
- Net Assets: $828,794
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENT
Revenue
$640,835
Organization Details
Founding Year
2015
Phone
(618) 877-8444Principal Officer
Dennis J Wilmsmeyer
Main Address
1635 W FIRST ST, GRANITE CITY, IL, 62040
NTEE Category
Code: S30 - Community improvement
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