Gainesville Industrial And Community Development Authority

Organization Overview

Gainesville Industrial And Community Development Authority is located in Gainesville, MO. The organization was established in 2015. 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. Gainesville Industrial And Community Development Authority 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 09/2024, Gainesville Industrial And Community Development Authority generated $53.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $30.4k during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPMENT IN AND AROUND THE CITY OF GAINESVILLE MO

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUISITION AND MAINTENANCE OF PROPERTY TO BE USED FOR ECONOMIC AND COMMUNITY DEVELOPMENT WITH THE PURPOSE OF DEVELOPING JOB OPPORTUNITIES FOR CITIZENS OF GAINESVILLE, MO AND THE SURROUNDING COMMUNITY. THE PROPERTY ACQUIRED WAS LEASED TO A COMPANY THAT HAS PROVIDED ADDITIONAL JOBS TO THE COMMUNITY, WHICH IS THE PURPOSE OF THE ORGANIZATION


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Board, Officers & Key Employees

Name (title)Compensation
Chris Harlin
President
$0
Paul Wade
Sec-Treas
$0
Ralph Brown
Director
$0
Pat Funk
Director
$0
Bill Trivitt
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$41,400
Investment income $12,336
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $159
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $53,895

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