Forward Huron Inc

Organization Overview

Forward Huron Inc is located in Huron, SD. The organization was established in 2008. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forward Huron Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Forward Huron Inc generated $396.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $30.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROMOTES ECONOMIC, INDUSTRIAL, HEALTH CARE AND COMMUNITY DEVELOPMENT FOR THE CITY OF HURON, BEADLE COUNTY AND THE SURROUNDING AREA. THIS IS DONE TO EXPAND TO ECONOMIC BASE AND QUALITY OF LIFE TO THE PEOPLE OF THE COMMUNITY/AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ASSITANCE TO INDIVIDUALS AND BUSINESS WHO WILL PROVIDE NEW JOBS OR EXPAND THEIR PRESENT WORKFORCE IN THE COMMUNITY AND SURROUNDING AREA.


MANAGEMENT FEES TO ASSIST IN BUSINESS DEVELOPMENT AND TO PERFORM ADMINISTRATIVE FUNCTIONS FOR THE ORGANIZATION SINCE WE HAVE NO STAFF.


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Board, Officers & Key Employees

Name (title)Compensation
Paul Aylward
Director
$0
Pam Browning
Director
$0
Denis Drake
Director
$0
Tom Gietzen
Vice Chairma
$0
Steve Gohn
Chairman
$0
Kevin Haber
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$364,426
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$364,426
Total Program Service Revenue$0
Investment income $32,182
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $396,608

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