New Oxford Industrial Development Corporation is located in New Oxford, PA. The organization was established in 1988. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. New Oxford Industrial Development Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2017, New Oxford Industrial Development Corporation generated $40.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $40.2k during the year ending 12/2017. While expenses have increased by 2.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
TO ADVANCE, PROMOTE, ATTRACT, STIMULATE, REHABILITATE AND REVATILIZECOMMERICAL, INDUSTRIAL, CIVIC AND MANUFACTURING INTERESTS IN AND AROUND THE BOUROUGH OF NEW OXFORD, ADAMS COUNTY, PENNSYLVANIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Laughman Vice Preside | 1 | $0 | |
Lorraine Nagy President | 3 | $0 | |
Rose Lansing Treasurer | 2 | $0 | |
Joseph Lohuis Director | 0 | $0 | |
Laura Becker Director | 0.5 | $0 | |
Mariah Robinson Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $775 |
Total Program Service Revenue | $30,072 |
Membership dues | $7,167 |
Investment income | $1,982 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5 |
Total Revenue | $40,001 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,726 |
Professional fees and other payments to independent contractors | $15,152 |
Occupancy, rent, utilities, and maintenance | $8,651 |
Printing, publications, postage, and shipping | $466 |
Other expenses | $12,199 |
Total expenses | $40,194 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $231,632 |
Other assets | $0 |
Total assets | $241,046 |
Total liabilities | $996 |
Net assets or fund balances | $240,050 |
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