Downtown Bloomsburg Inc
- Assets
- $60.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomsburg, PA
- Founding
- 05/2007
- Data as of
- 12/2023
- EIN
- 20-4625219
Organization Overview
Downtown Bloomsburg Inc is located in Bloomsburg, PA. The organization was established in 2007. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Bloomsburg Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Downtown Bloomsburg Inc generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $25.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE VITALITY, ARCHITECTURAL HERITAGE AND CULTURAL VIBRANCY OF DOWNTOWN BLOOMSBURG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Wagner President | 1 | $0 | |
Kim Keck Vice President | 1 | $0 | |
Oren Helbok Treasurer | 1 | $0 | |
Mike Zarrett Secretary | 1 | $0 | |
Matt Beagle Director | 1 | $0 | |
Stephanie Derk Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,183 |
| Other Revenue | $0 |
| Total Revenue | $16,214 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $832 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,452 |
| Total expenses | $25,284 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,581 |
| Other assets | $0 |
| Total assets | $60,581 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,581 |