Evansville Industrial Foundation Inc

Organization Overview

Evansville Industrial Foundation Inc is located in Evansville, IN. The organization was established in 1961. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Evansville 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 12/2022, Evansville Industrial Foundation Inc generated $95.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $19.0k during the year ending 12/2022. While expenses have increased by 13.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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

PROMOTE THE WELL-BEING & SOCIAL WELFARE OF PEOPLE & BUSINESSES WHO RESIDE IN THE EVANSVILLE AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE EVANSVILLE INDUSTRIAL FOUNDATION INC WAS ORGANIZED FOR THE PURPOSE OF PROMOTING THE ECONOMIC WELL-BEING AND THE SOCIAL WELFARE OF PEOPLE AND BUSINESSES WHO RESIDE IN THE EVANSVILLE, INDIANA COMMUNITY. PRIMARILY, THE ORGANIZATION DEVELOPS INDUSTRIAL LANDSITES, BUILDINGS, AND OTHER FACILITIES FOR THE SERVICING OF INDUSTRY NEEDS WITHIN THE EVANSVILLE COMMUNITY. ALL EXPENSES ARE ATTRITUTABLE TO THIS SERVICE.


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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$0
Investment income $752
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $94,472
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $95,224

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