Oakland Industrial Foundation Inc

Organization Overview

Oakland Industrial Foundation Inc is located in Council Bluffs, IA. The organization was established in 1997. 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. Oakland Industrial Foundation 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 12/2022, Oakland Industrial Foundation Inc generated $235.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $222.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 4 years. 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

PROVIDE FOR THE GENERAL ECONOMIC BENEFIT OF THE OAKLAND, IOWA AND SURROUNDING COMMUNITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUISITION, DEMOLITION AND REPLACEMENT OF SUBSTANDARD AND/OR CONDEMNED REAL PROPERTY, INCLUDING RESIDENTIAL AND COMMERCIAL, FOR AND AT THE DIRECTION OF THE CITY OF OAKLAND, IOWA AND SURROUNDING COMMUNITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Ernest Ruehle
Director
$0
Phil Reed
Vice President
$0
Loree Hamilton
Secretary
$0
Don Applegate
Treasurer
$0
Alan Gardner
Director
$0
Trevor Jefferson
President
$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$235,000
Investment income $0
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 $235,000

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