Carlsbad Industrial Action Inc
Public records raise at least one point you should look into before giving.
What it says it does
TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF ALL OF THE CITIZENS OF THE CITY OF CARLSBAD, NEW MEXICO, THROUGH THE ACTIVE SOLICITATION AND MOVEMENT OF NEW BUSINESS AND INDUSTRY TO CARLSBAD AND VICINITY.
- Income
- $1.1 million
- Spending
- $1.0 million
- Employees
- 6
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $167,551 spent. MARKETING & DEVELOPMENT: THE PROGRAM SERVICE GOALS ARE TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF THE CITIZENS OF THE CITY OF CARLSBAD AND SOUTH EDDY COUNTY THROUGH JOB RETENTION AND CREATION BY RECRUTING NEW INDUSTRY, IDENTIFYING NEW JOB OPPORTUNITIES, EXPANDING AND RETAINING EXISTING BUSINESS AND DIVERSIFYING THE LOCAL ECONOMY. JOB RETENTION AND CREATION OCCURS AS A RESULT OF COORDINATED INITIATIVES IN THE AREAS OF LABOR FORCE READINESS AND TRAINING, SMALL BUSINESS DEVELOPMENT, RESEARCH AND DEVELOPMENT OUTREACH, INFRASTRUCTURE, CAPITAL RESOURCES, TECHNOLOGY AND COMMUNICATION AND QUALITY OF LIFE ISSUES.
- $65,804 spent. CASCADES RIVERWALK: THE CASCADES AT CARLSBAD IS AN OPEN-AIR MARKET PLACE WITH OVER 650,000 SQUARE FEET AVAILABLE FOR DEVELOPMENT. THE CASCADES WILL OFFER RETAIL, DINING AND ENTERTAINMENT VENUES AT THE GROUND LEVEL AND OFFICE SPACE ON THE UPPER FLOORS. THERE ARE PLANS TO HAVE UPSCALE HOTELS AND FAMILY ENTERTAINMENT CENTERS WITHIN THE PROJECT CREATING A UNIQUE EXPERIENCE.
- $50,509 spent. LOCAL DEVELOPMENT: THE PROGRAM SERVICES GOALS ARE TO PROMOTE LOCAL BUSINESS IN CARLSBAD AND SOUTH EDDY COUNTY. THE PROGRAM ASSISTS THE BUSINESS COMMUNITY IN THE PROMOTION OF COMMERCIAL AND COMMUNITY ENDEAVORS. IN ADDITION, THE LOCAL DEVELOPMENT SERVICES ARE DESIGNED TO ENHANCE THE SUCCESS OF EXISTING BUSINESSES AND ASSIST RESIDENTS WHO ARE THINKING ABOUT OPENING THEIR OWN BUSINESS.
- DEPRECIATION
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1967.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.