Gardner Industrial Development Corporation

Organization Overview

Gardner Industrial Development Corporation is located in Hudson, MA. The organization was established in 1973. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Gardner 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 07/2022, Gardner Industrial Development Corporation generated $31.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $865.0 during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE, STIMULATE, DEVELOP AND ADVANCE THE BUSINESS PROSPERITY AND ECOMONIC WELFARE OF THE CITY OF GARDNER AND ITS VICINITY AND THE CITIZENS THEREOF.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE JOB OPPORTUNITIES FOR AREA RESIDENTS BY ATTRACTING AND EXPANDING EXISTING BUSINESSES


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Board, Officers & Key Employees

Name (title)Compensation
Joseph G Sova
Treasurer
$0
Patricia Bergstrom
Director
$0
James M Walsh
Director
$0
Gerald L Bankowski
Director
$0
Karen Koller
Director
$0
James A Carpenter
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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $31,829
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 $31,829

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