Industry Hub Inc is located in Desoto, TX. The organization was established in 2016. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Industry Hub 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, Industry Hub Inc generated $60.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $38.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
RECEIVED FUNDING FOR THE CITY OF DESOTO TO HELP SMALL BUSINESS OWNERS BECOME SUCCESSFUL
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $60,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $60,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $29,321 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $160 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,240 |
Total expenses | $38,721 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $72,155 |
Other assets | $0 |
Total assets | $72,155 |
Total liabilities | $0 |
Net assets or fund balances | $72,155 |
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