Overview
What is New Boston Community Development Corporation?
The New Boston Community Development Corporation is a nonprofit entity situated in New Boston, Texas. Their primary objective is to foster community development within and surrounding the city. To achieve this mission, they collect a special sales tax. This revenue is utilized to attract and encourage growth and improvement in the area, contributing to its overall development.
Is New Boston Community Development Corporation legitimate?
New Boston Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Boston Community Development Corporation 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 New Boston Community Development Corporation?
The New Boston Community Development Corporation exists with the primary objective of fostering community development in and around a specific location, although the specific location is not provided in the information. To achieve this, they employ various strategies, one of which involves collecting special sales tax. This revenue is then utilized to entice and encourage community development activities in the designated area. The corporation's goal is to contribute positively to the local community's growth and development.
Who is the CEO of New Boston Community Development Corporation?
David Daniel is the President of New Boston Community Development Corporation.
What is the revenue of New Boston Community Development Corporation?
New Boston Community Development Corporation's revenue in 2022 was $154,159.
Who are the executives of New Boston Community Development Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for New Boston Community Development Corporation?
New Boston Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Boston Community Development Corporation
The New Boston Community Development Corporation, as the name suggests, is dedicated to fostering community development in and around New Boston, Texas. Their primary mission is to promote growth and improvement within the community, working towards creating a more vibrant and thriving environment. To accomplish this, the corporation collects special sales tax funds. This revenue is then utilized to attract and encourage development projects, ultimately benefiting the community as a whole.
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Impact
October, 2024
The New Boston Community Development Corporation plays a vital role in fostering growth and improvement in and around New Boston, Texas. By collecting special sales tax revenues, it effectively utilizes these funds to incentivize community development initiatives. This financial strategy has a direct impact on enhancing local infrastructure, attracting new businesses, and creating a vibrant environment for residents.
Through its efforts, the organization not only promotes economic development but also helps to improve the quality of life for the community. By investing in local projects and encouraging investment in New Boston, it supports the creation of jobs and the establishment of essential services. Overall, its commitment to community improvement reflects a proactive approach to building a thriving and sustainable future for New Boston and its residents.
This information is meant to be a general summary of New Boston Community Development Corporation. 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: $3,229
- Gross Receipts: $154,159
Assets and Liabilities:
- Total Assets: $598,592
- Total Liabilities: $0
- Net Assets: $598,592
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Organization Details
Founding Year
2018
Phone
(903) 628-0411Principal Officer
David Daniel
Main Address
1 TRAILHEAD PARK PLAZA, NEW BOSTON, TX, 75570
NTEE Category
Code: S31 - Community improvement
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