2024-06-19T07:28:43-07:00 2023-12-31 742327595 James E Rougeou CPA 210 East Crockett Luling TX 78648 990 2023-01-01 741682479 INDUSTRIAL CORPORATION OF LULING TEXAS INDU 8308752818 515 E DAVIS LULING TX 78648 LEM ALLEN JR President 2024-06-19 true LEM ALLEN JR 999009999 true James E Rougeou P01266761 8308753592 X 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z LEM ALLEN JR 515 E DAVIS LULING TX 78648 917098 false X N/A X 1982 TX RENTAL OF FACILITIES TO BUSINESSES LOCATING IN LULING, TEXAS TO PROVIDE INDUSTRY AND RELATED EMPLOYMENT OPPORTUNITIES TO RESIDENTS OF THE COMMUNITY AND SURROUNDING AREA. 4 4 0 0 0 0 2807 598762 24537 18019 27344 616781 11000 7200 0 0 0 0 3875 1947 14875 9147 12469 607634 1166660 1767409 6885 0 1159775 1767409 RENTAL OF FACILITIES TO BUSINESSES LOCATING IN LULING, TEXAS TO PROVIDE INDUSTRY AND RELATED EMPLOYMENT OPPORTUNITIES TO RESIDENTS OF THE COMMUNITY AND SURROUNDING AREA. false false THE INDUSTRIAL CORPORATION OF LULING, TEXAS WAS ORGANIZED AS A TAX-EXEMPT INDUSTRIAL PARK UNDER IRC 501[c][6] TO ATTRACT INDUSTRY AND RELATED EMPLOYMENT OPPORTUNITIES TO THE LOCAL ECONOMY. false false false false false false false false false true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true 1 0 true 0 false false false false false false false false X 4 4 false false false false false false false false false false false false false false false false false false X LEM ALLEN JR 8308752818 515 E DAVIS LULING TX 78648 X JAY CROWELL Secretary 1.00 0.00 X X 0 0 0 LINDA MOORE Director 0.00 0.00 X 0 0 0 JOHN CARTER Director 0.00 0.00 X 0 0 0 LEM ALLEN JR President 4.00 0.00 X X 0 0 0 0 false false false 0 0 0 24098 24098 0 0 43000 24981 18019 18019 18019 850000 275336 574664 574664 574664 0 0 0 0 616781 616781 1200 1200 6000 6000 0 0 0 0 0 0 0 0 0 0 1435 1435 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PENALTIES 500 500 BANKING 12 12 0 9147 7200 1947 0 286676 880131 601434 501992 0 0 0 0 380486 0 0 4800 278350 4800 0 0 0 0 200 0 1166660 1767409 6885 6885 0 X 1159775 1767409 1159775 1767409 1166660 1767409 607634 X false false false 4800 4800 4800 false 0 0 EDUCATIONAL SCHOLARSHIPS 3 6000 Form 990, Part VI, Section A, Line 8b MEETINGS ARE HELD AT LEAST ANNUALLY TO DISCUSS THE AFFAIRS OF THE ORGANIZATION, BUT FORMAL MINUTES ARE NOT DOCUMENTED. Form 990, Part VI, Section B, Line 11b THE ORGANIZATION DOES NOT PROVIDE A COPY OF THE FORM 990 TO ALL OFFICERS AND DIRECTORS, HOWEVER THEY ARE INFORMED THAT A COPY IS AVAILABLE FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. Form 990, Part VI, Section C, Line 19 No documents available to the public. FORM 990, PAGE 1, LINES 10 AND 11 THE INDUSTRIAL CORPORATION OF LULING, TEXAS LEASES FACILITIES TO BUSINESSES LOCATING WITHIN THE COMMUNITY TO PROVIDE EMPLOYMENT OPPORTUNITIES FOR LOCAL RESIDENTS. INVESTMENT EARNINGS AND NET RENTAL INCOME ARE USED EXCLUSIVELY TO MAINTAIN THE GROUNDS AND BUILDINGS AVAILABLE FOR RENT TO BUSINESSES. FORM 990, PAGE 10, LINE 2 THE ORGANIZATION PROVIDED THREE $2,000 EDUCATIONAL SCHOLARSHIPS TO THE LOCAL SCHOOL DISTRICT TO BE AWARDED TO GRADUATING STUDENTS. THE LOCAL SCHOOL DISTRICT DETERMINES THE RECIPIENTS. FORM 990, PAGE 6, LINE 19 THE ORGANIZATION DOES NOT MAINTAIN A CONFLICT OF INTEREST OR WHISTLEBLOWER POLICY NOR DOES IT PREPARE FINANCIAL STATEMENTS OTHER THAN THE FORM 990. ITS GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW AT THE ORGANIZATION'S OFFICE UPON REQUEST. FORM 990, PAGE 6, SECTION A, LINE 6 THE ORGANIZATION DOES NOT HAVE MEMBERS OR STOCKHOLDERS, BUT IS MANAGED BY OFFICERS AND DIRECTORS RECRUITED FROM BUSINESS LEADERS WITHIN THE COMMUNITY. MEETINGS ARE HELD AT LEAST ANNUALLY TO DISCUSS THE AFFAIRS OF THE ORGANIZATION, BUT FORMAL MINUTES ARE NOT DOCUMENTED.