Overview
What is San Marcos Industrial Foundation?
The San Marcos Industrial Foundation is a nonprofit organization located in San Marcos, Texas, with an address at 315 Paul Drive. Established by the local chamber, its primary objective is to stimulate the growth and development of new economic factors in the San Marcos area. To achieve this goal, the foundation provides grants to various entities, aiming to boost business growth and expansion within the community.
Is San Marcos Industrial Foundation legitimate?
San Marcos Industrial Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. San Marcos 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.
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 San Marcos Industrial Foundation?
The San Marcos Industrial Foundation, established by a local chamber, is committed to fostering the growth and development of new economic factors in a specific area. They accomplish this by providing grants, acting as a catalyst for business expansion and development. The primary aim of the foundation is to stimulate economic growth and development, thereby contributing to the overall progress and prosperity of the community. The foundation's activities are focused on promoting business growth and development, thereby playing a significant role in the local economy.
What is the revenue of San Marcos Industrial Foundation?
San Marcos Industrial Foundation's revenue in 2023 was $13,264.
Who are the executives of San Marcos Industrial Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for San Marcos Industrial Foundation?
San Marcos Industrial Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of San Marcos Industrial Foundation
The San Marcos Industrial Foundation, established by the local chamber, is dedicated to fostering the growth and development of new economic factors in an unspecified area. Their mission is achieved through the provision of grants, aimed at promoting business expansion and development. By issuing these grants, the San Marcos Industrial Foundation seeks to catalyze economic development in the community they serve.
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Impact
October, 2024
San Marcos Industrial Foundation plays a crucial role in fostering economic growth and development in the San Marcos, Texas area. By issuing grants aimed at promoting business growth, the foundation stimulates the creation of new economic factors that benefit the local community. This support not only enhances the business landscape but also contributes to community improvement, enriching the overall quality of life for residents. Through its initiatives, the foundation helps cultivate a robust economic environment that encourages innovation and investment in San Marcos.
This information is meant to be a general summary of San Marcos 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 2023.
- Investment Income: $13,264
- Gross Receipts: $13,264
Assets and Liabilities:
- Total Assets: $998,033
- Total Liabilities: $0
- Net Assets: $998,033
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Organization Details
Principal Officer
John Navarrette
NTEE Category
Code: S31 - Community improvement
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