Huntington Industrial Corporation

Organization Overview

Huntington Industrial Corporation is located in Huntington, WV. The organization was established in 1942. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Huntington Industrial Corporation 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 12/2021, Huntington Industrial Corporation generated $191.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $259.3k during the year ending 12/2021. 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

ECONOMIC DEVELOPMENT IN THE METRO REGION OF HUNTINGTON, WEST VIRGINIA

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE ECONOMIC DEVELOPMENT IN THE CITY OF HUNTINGTON AND CABELL AND WAYNE COUNTIES OF WEST VIRGINIA.


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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 $141
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $191,652
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 $191,793

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