Massillon Development Foundation Inc

Organization Overview

Massillon Development Foundation Inc is located in Massillon, OH. The organization was established in 1952. 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. Massillon Development Foundation Inc 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 06/2022, Massillon Development Foundation Inc generated $455.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 62.8% each year . All expenses for the organization totaled $76.5k during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ECONOMIC GROWTH AND DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MASSILLON DEVELOPMENT FOUNDATION, INC. RECRUITS NEW INDUSTRY TO WESTERN STARK COUNTY, HELPING COMPANIES CREATE AND MAINTAIN JOBS FOR THE PEOPLE OF THE COMMUNITY, AND OFFERS PRIME REAL ESTATE AT REASONABLE COSTS.


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Board, Officers & Key Employees

Name (title)Compensation
Lucas Murray
President
$0
John Patrick Picard
Vice Chair
$0
Dave Hoffer
Treasurer
$0
Deborah Busby
Secretary/ex
$0
Keith Nutter
Immediate Pa
$0
Taylor Romar
Chamber Chai
$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$15,975
Investment income $1,178
Tax Exempt Bond Proceeds $0
Royalties $3,453
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 $455,846

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