Overview
What is The Todd County Industrial Foundation I?
The Todd County Industrial Foundation I is a vital nonprofit organization situated in Elkton, Kentucky. Its primary mission is to stimulate industrial growth within the local community. By collaborating with local government and other stakeholders, the foundation actively works to attract new industries and create job opportunities. Acting as a bridge between existing industries and local partners, the foundation addresses expansion and training needs within these industries. The organization's ultimate goal is to contribute to the economic development and prosperity of Todd County.
Is The Todd County Industrial Foundation I legitimate?
The Todd County Industrial Foundation I is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Todd County Industrial Foundation I 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 The Todd County Industrial Foundation I?
The Todd County Industrial Foundation I is dedicated to promoting industrial development within its community. It collaborates with local government and other stakeholders to attract industries and create job opportunities. The organization acts as a mediator between existing industries and local stakeholders, ensuring the expansion and training needs of these industries are met. Its primary objective is to foster a thriving industrial landscape within the community.
What is the revenue of The Todd County Industrial Foundation I?
The Todd County Industrial Foundation I's revenue in 2024 was $475,122.
Who are the executives of The Todd County Industrial Foundation I and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for The Todd County Industrial Foundation I?
The Todd County Industrial Foundation I's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Todd County Industrial Foundation I
The Todd County Industrial Foundation I is dedicated to fostering industrial development within its local community. This organization plays a crucial role in bridging the gap between local government, existing industries, and other community stakeholders. Its primary mission is to recruit new industries and create job opportunities within the community. The Foundation serves as a liaison, facilitating communication and addressing the expansion and training needs of existing industries. By doing so, it contributes to the overall economic growth and development of the community.
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Impact
October, 2024
The Todd County Industrial Foundation I plays a vital role in fostering industrial development within the local community. By actively recruiting new industries and jobs, it stimulates economic growth and employment opportunities in Elkton, KY. The foundation collaborates closely with local governments and key stakeholders to effectively identify and attract industrial investments that benefit the community.
In addition to recruitment, the foundation serves as a crucial liaison between existing industries and local entities, ensuring that the expansion and training needs of businesses are met. This connection enhances the workforce's skills and capabilities, making the local economy more competitive and resilient. Overall, the Todd County Industrial Foundation I significantly contributes to the community's improvement by driving industrial growth and creating a supportive environment for existing businesses.
This information is meant to be a general summary of The Todd County Industrial Foundation I. 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 2024.
- Investment Income: $2,857
- Program Service Revenue: $341,665
- Gross Receipts: $475,122
Assets and Liabilities:
- Total Assets: $1,394,152
- Total Liabilities: $172,186
- Net Assets: $1,221,966
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TVA RDAAP FUNDING
Revenue
$153,846
KPDI
Revenue
$116,369
MISC
Revenue
$50,000
TVA INVEST PREP
Revenue
$17,395
MISC
Revenue
$4,055
Organization Details
Founding Year
2004
Principal Officer
Todd Mansfield
NTEE Category
Code: S41 - Community improvement
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