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Jacksonville Development Corporation

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

EIN: 752683291 ✦ Jacksonville, TX ✦ Designated as a 501(c)(3)

Overview

What is Jacksonville Development Corporation?

The Jacksonville Development Corporation is a nonprofit organization situated in Jacksonville, Texas. Its primary mission is to stimulate, support, and strengthen economic growth within the city. They achieve this by retaining existing industries that generate employment opportunities for local residents and attracting new businesses to the area. The organization's activities encompass promoting and assisting in the enhancement of economic development, thereby contributing to the overall prosperity of Jacksonville.


Official website here: www.jacksonvilleedc.com/

Is Jacksonville Development Corporation legitimate?

Jacksonville Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacksonville Development Corporation 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 tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $136,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,833

For more financial information, click here


Official website here: www.jacksonvilleedc.com/

What is the mission statement of Jacksonville Development Corporation?

The Jacksonville Development Corporation's mission is to foster, aid, and enhance economic growth. This organization works towards retaining established industries that provide employment opportunities for local residents while simultaneously attracting new businesses to the area, thereby contributing to its economic development.


Official website here: www.jacksonvilleedc.com/

Who is the CEO of Jacksonville Development Corporation?

Darrell Dement is the Chairman of Jacksonville Development Corporation.


Official website here: www.jacksonvilleedc.com/

What is the revenue of Jacksonville Development Corporation?

Jacksonville Development Corporation's revenue in 2023 was $2,004,895.


Official website here: www.jacksonvilleedc.com/

Who are the executives of Jacksonville Development Corporation and what are their salaries?

Here are 7 key members and their salaries:

    Darrell Dement (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Cudd (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Devillier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dillon Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loretta Doty (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Jones (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ofelia Penn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jacksonvilleedc.com/

    Where can I find the form 990 for Jacksonville Development Corporation?

    The Jacksonville Development Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.jacksonvilleedc.com/

    Learn more at the official website: www.jacksonvilleedc.com/

    Mission Statement of Jacksonville Development Corporation

    The Jacksonville Development Corporation, a key player in economic development, strives to promote, aid, and improve the economic landscape in its designated area. The organization's mission is multifaceted, encompassing the retention of existing industries that provide substantial employment opportunities for the city's residents, as well as attracting new businesses to the area. By doing so, the Jacksonville Development Corporation plays a pivotal role in bolstering the local economy and enhancing the overall well-being of the community.

    Impact

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




    Saturday, July 20, 2024

    The Jacksonville Development Corporation plays a vital role in promoting, assisting, and enhancing economic development in Jacksonville, Texas. By retaining existing industries that provide jobs for the city's residents and attracting new businesses to the area, the organization significantly contributes to the city's economic growth and prosperity. Through its efforts, the Jacksonville Development Corporation positively impacts the community by creating job opportunities, fostering business growth, and overall improving the economic landscape of 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 2023.

  • Investment Income: $223,575
  • Program Service Revenue: $1,664,921
  • Gross Receipts: $2,104,082

    • Assets and Liabilities:
  • Total Assets: $9,836,485
  • Total Liabilities: $1,174,200
  • Net Assets: $8,662,285
  • Programs

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

    Econ dev sales tax

    Revenue

    $1,629,207

    Recognized revenue

    Revenue

    $35,714

    Organization Details

    Founding Year

    1995

    Principal Officer

    Darrell Dement

    Main Address

    PO Box 1604, Jacksonville, TX, 75766

    NTEE Category

    Code: S300 - Community improvement

    If you are a representative of Jacksonville Development Corporation 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.