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United Industrial Development Corp

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$44.3k (2023)

Expenses
$14.3k (2023)

Total Assets
$932k (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,336
Expenses
$14,313
Net Income
$30,023
Net Assets
$931,767
Notable Sources of Revenue Percent of Total Revenue
Contributions $80
0.2%
Program Services $0
Investment Income $6,417
14.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,302
16.5%
Net Fundraising $0
Sales of Assets $30,537
68.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $931,767
Total Liabilities $0
Net Assets $931,767
Compensation
Key Employees and Officers Compensation Related Other
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0
Robert Evans (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Lee Perlis (Director) $0 $0 $0
Jeffrey Hester (Director) $0 $0 $0
Tim Powers (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,853
Expenses
$15,134
Net Income
$4,719
Net Assets
$901,744
Notable Sources of Revenue Percent of Total Revenue
Contributions $60
0.3%
Program Services $0
Investment Income $265
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,710
38.8%
Net Fundraising $0
Sales of Assets $11,818
59.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $901,744
Total Liabilities $0
Net Assets $901,744
Compensation
Key Employees and Officers Compensation Related Other
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0
Robert Evans (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Lee Perlis (Director) $0 $0 $0
Jeffrey Hester (Director) $0 $0 $0
Cole Woodroof (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,502
Expenses
$17,107
Net Income
$19,395
Net Assets
$897,025
Notable Sources of Revenue Percent of Total Revenue
Contributions $200
0.5%
Program Services $0
Investment Income $469
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $9,391
25.7%
Net Fundraising $0
Sales of Assets $26,442
72.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $897,025
Total Liabilities $0
Net Assets $897,025
Compensation
Key Employees and Officers Compensation Related Other
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0
Robert Evans (Director) $0 $0 $0
Bobby Shepard (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Lee Perlis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,805
Expenses
$16,811
Net Income
-$6,006
Net Assets
$877,630
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,473
13.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $9,332
86.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $877,630
Total Liabilities $0
Net Assets $877,630
Compensation
Key Employees and Officers Compensation Related Other
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0
Robert Evans (Director) $0 $0 $0
Steve Bridges (Director) $0 $0 $0
Bobby Shepard (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Lee Perlis (Director) $0 $0 $0
Benjamin Rambo (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,025
Expenses
$14,355
Net Income
-$5,330
Net Assets
$883,636
Notable Sources of Revenue Percent of Total Revenue
Contributions $100
1.1%
Program Services $0
Investment Income $1,757
19.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,168
79.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $883,636
Total Liabilities $0
Net Assets $883,636
Compensation
Key Employees and Officers Compensation Related Other
Robert Evans (Director) $0 $0 $0
Steve Bridges (Director) $0 $0 $0
Bobby Shepard (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Lee Perlis (Director) $0 $0 $0
Benjamin Rambo (Director) $0 $0 $0
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,418
Expenses
$15,134
Net Income
-$6,716
Net Assets
$888,966
Notable Sources of Revenue Percent of Total Revenue
Contributions $80
1.0%
Program Services $0
Investment Income $446
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,892
93.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $888,966
Total Liabilities $0
Net Assets $888,966
Compensation
Key Employees and Officers Compensation Related Other
Robert Evans (Director) $0 $0 $0
Steve Bridges (Director) $0 $0 $0
Bobby Shepard (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Lee Perlis (Director) $0 $0 $0
Benjamin Rambo (Director) $0 $0 $0
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,418
Expenses
$15,244
Net Income
-$6,826
Net Assets
$895,682
Notable Sources of Revenue Percent of Total Revenue
Contributions $50
0.6%
Program Services $0
Investment Income $1,179
14.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,189
85.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $895,682
Total Liabilities $0
Net Assets $895,682
Compensation
Key Employees and Officers Compensation Related Other
Robert Evans (Director) $0 $0 $0
Steve Bridges (Director) $0 $0 $0
Bobby Shepard (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Lee Perlis (Director) $0 $0 $0
Benjamin Rambo (Director) $0 $0 $0
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,841
Expenses
$15,226
Net Income
$615
Net Assets
$902,508
Notable Sources of Revenue Percent of Total Revenue
Contributions $200
1.3%
Program Services $0
Investment Income $993
6.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,199
45.4%
Net Fundraising $0
Sales of Assets $7,449
47.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $902,508
Total Liabilities $0
Net Assets $902,508
Compensation
Key Employees and Officers Compensation Related Other
Robert Evans (Director) $0 $0 $0
Steve Bridges (Director) $0 $0 $0
Bobby Shepard (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Lee Perlis (Director) $0 $0 $0
Benjamin Rambo (Director) $0 $0 $0
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,821
Expenses
$13,997
Net Income
-$6,176
Net Assets
$901,893
Notable Sources of Revenue Percent of Total Revenue
Contributions $10
0.1%
Program Services $0
Investment Income $917
11.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,894
88.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $902,393
Total Liabilities $500
Net Assets $901,893
Compensation
Key Employees and Officers Compensation Related Other
Robert Evans (Director) $0 $0 $0
Steve Bridges (Director) $0 $0 $0
Bobby Shepard (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Treasurer) $0 $0 $0
Monica Simmons (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,225
Expenses
$20,202
Net Income
$1,023
Net Assets
$908,069
Notable Sources of Revenue Percent of Total Revenue
Contributions $80
0.4%
Program Services $0
Investment Income $1,052
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $20,093
94.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $908,069
Total Liabilities $0
Net Assets $908,069
Compensation
Key Employees and Officers Compensation Related Other
Robert Evans (Director) $0 $0 $0
Steve Bridges (Director) $0 $0 $0
Bobby Shepard (Director) $0 $0 $0
Ray Rambo (Director) $0 $0 $0
Greg Turton (Director) $0 $0 $0
Joel Owens (Director) $0 $0 $0
Larry Perlis (Director) $0 $0 $0
Monica Simmons (Director) $0 $0 $0
Bruce Drennan (Director) $0 $0 $0
Cliff Harpe (Director) $0 $0 $0
Chip Wells (President) $0 $0 $0
William Hurt (Vice Pres.) $0 $0 $0
Jeff Cobb (Sec Treas.) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,758
Expenses
$20,724
Net Income
-$10,966
Net Assets
$907,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $60
0.6%
Program Services $0
Investment Income $1,119
11.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,799
18.4%
Net Fundraising $0
Sales of Assets $6,780
69.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $907,046
Total Liabilities $0
Net Assets $907,046

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,828
Expenses
$17,681
Net Income
-$8,853
Net Assets
$918,012
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $50
0.6%
Investment Income $1,706
19.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,072
80.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $918,012
Total Liabilities $0
Net Assets $918,012

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,668
Expenses
$67,326
Net Income
-$62,658
Net Assets
$926,865
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $110
2.4%
Investment Income $3,263
69.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,295
27.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $926,865
Total Liabilities $0
Net Assets $926,865

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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