Greater Laredo Development Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 741623486 ✦ Laredo, TX ✦ Designated as a 501(c)(4)

Overview

What is Greater Laredo Development Foundation?

Greater Laredo Development Foundation is a dedicated urban development organization situated in Laredo, Texas. Their primary objective is to propel Laredo as a prominent industrial hub. By promoting the city's potential, they aim to attract businesses and foster economic growth. The foundation's activities encompass various initiatives to showcase Laredo as an attractive industrial location, contributing to its overall development.


Is Greater Laredo Development Foundation legitimate?

Greater Laredo Development Foundation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greater Laredo Development Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $418,435

For more financial information, click here


What is the mission statement of Greater Laredo Development Foundation?
Who is the CEO of Greater Laredo Development Foundation?
What is the revenue of Greater Laredo Development Foundation?
Who are the executives of Greater Laredo Development Foundation and what are their salaries?

The average compensation at Greater Laredo Development Foundation during 2022 was $46,493. There are 9 employees at Greater Laredo Development Foundation.

Here are 28 key members and their salaries:


Where can I find the form 990 for Greater Laredo Development Foundation?

Mission Statement of Greater Laredo Development Foundation

The Greater Laredo Development Foundation, a urban development organization, is committed to promoting Laredo as an attractive industrial location. Its mission is to elevate Laredo's profile as a hub for industrial activities, potentially attracting businesses and investments to the area. By taking on this role, the foundation aims to contribute to the economic growth and development of the region.

Impact

This information is meant to be a general summary of Greater Laredo Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Greater Laredo Development Foundation plays a crucial role in promoting Laredo as an industrial site, contributing to the economic growth and development of the city. By focusing on attracting industries and businesses to the area, the foundation helps create job opportunities, stimulate investment, and enhance the overall economic landscape of Laredo, TX. It serves as a catalyst for community improvement and urban development, working towards a more prosperous and sustainable future for the city.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $590,686
  • Gross Receipts: $728,926

    • Assets and Liabilities:
  • Total Assets: $242,339
  • Total Liabilities: $3,722
  • Net Assets: $238,617
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Conferences & Projects

    Revenue

    $1,500

    Contracted Services

    Revenue

    $589,186

    Organization Details

    Principal Officer

    John Villarreal

    Main Address

    P O Box 2682, Laredo, TX, 78044

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Greater Laredo Development Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.