Jacksonville Development Corporation

Organization Overview

Jacksonville Development Corporation is located in Jacksonville, TX. The organization was established in 1997. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Jacksonville Development Corporation 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 09/2021, Jacksonville Development Corporation generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $980.7k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE, ASSIST, & ENHANCE ECON DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE YEAR THE ORGANIZATION ASSISTED IN RETAINING EXISTING INDUSTRIES WHICH PROVIDED JOBS FOR OUR RESIDENTS OF JACKSONVILLE. IT ALSO ATTRACTED NEW BUSINESSES.


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Board, Officers & Key Employees

Name (title)Compensation
Darrell Dement
Chairman
$0
Robert Haberle
Director
$0
Nathan Jones
Vice Chairman
$0
Robert Cubb
Treasurer
$0
Chad Devillier
Director
$0
Loretta Doty
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$1,434,582
Investment income $50,761
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $18,550
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 $1,503,893

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