Love County Industrial Foundation Inc
- Assets
- $433.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, OK
- Founding
- 10/1976
- Data as of
- 12/2023
- EIN
- 51-0205549
Organization Overview
Love County Industrial Foundation Inc is located in Marietta, OK. The organization was established in 1976. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love County Industrial 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 12/2023, Love County Industrial Foundation Inc generated $15.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $3.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTAINED INDUSTRIAL FACILITIES FOR FUTURE COMMERCIAL DEVELOPMENT USE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Willis Choate President | 1 | $0 | |
Don Sessions Treasurer | 1 | $0 | |
Lynn Pucket Director | 1 | $0 | |
Arthur Ricketts Director | 1 | $0 | |
Rick Lane Director | 1 | $0 | |
Patty Bone Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,097 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,248 |
| Total Revenue | $15,345 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $1,790 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $900 |
| Total expenses | $3,090 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,273 |
| Other assets | $0 |
| Total assets | $433,419 |
| Total liabilities | $0 |
| Net assets or fund balances | $433,419 |