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Community Improvement Corporation of Fostoria Ohio

Community Improvement Corporation of Fostoria Ohio

Fostoria, OH 44830
Tax ID26-3172960

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About this organization

Revenue

$140,541

Expenses

$77,246

Mission

As a dually authorized community improvement corporation (CIC), the not-for-profit corporation has been organized for the purpose of advancing, encouraging, and promoting the industrial, economic, commercial and research development of our community and county. The mission of the CIC is to retain, expand and attract capital investment and jobs to the community of Fostoria, Ohio. Strategies used to implement our mission include the use and promotion of local, state and federal financial assistance, tax incentives and training/technical assistance.

About

Attracting investment

Interesting data from their 2020 990 filing

The non-profit's mission is outlined in the filing as being “As a dually authorized community improvement corporation (cic), the not- for-profit corporation has been organized for the purpose of advancing, encouraging, and promoting the industrial, economic, commercial and research development of our community and county. the mission of the cic is to retain, expand and attract capital investment and jobs to the community of fostoria, ohio. strategies used to implement our mission include the use and promotiom of local, state and federal financial assistance, tax incentives and training/technical assistance.”.

When outlining its responsibilities, they were referred to as: “As a dually authorized community improvement corporation (cic), the not- for-profit corporation has been organized for the purpose of advancing, encouraging, and promoting the industrial, economic, commercial and research development of our community and county. the mission of the cic is to retain, expand and attract capital investment and jobs to the community of fostoria, ohio. strategies used to implement our mission include the use and promotiom of local, state and federal financial assistance, tax incentives and training/technical assistance.”.

  • The state in which the non-profit operates has been officially reported as OH.
  • The filing reveals the non-profit's address in 2020 to be 342 PERRY STREET, FOSTORIA, OH, 44830.
  • As per the non-profit's form for 2020, they have 0 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $63,295.
  • The CEO compensation scheme within the organization is not based on a review and endorsement by an impartial party.
  • The organization has 7 independent voting members.
  • The organization was formed in 2010.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.

Additional Non-Profits in the area

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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