Hamilton Downtown Association is located in Hamilton, MT. The organization was established in 2013. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Hamilton Downtown Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Hamilton Downtown Association generated $91.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $96.0k during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE PURPOSE OF THE HAMILTON DOWNTOWN ASSOCIATION (HDA) IS TO REINVEST AND MAINTAIN THE VITALITY OF THE HAMILTON BUSINESS COMMUNITY; TO PROMOTE HAMILTON AS A CULTURAL, HISTORIC, ENTERTAINMENT AND BUSINESS DESTINATION; TO REACH OUT TO THE RESIDENTS OF THE VALLEY TO EDUCATE THEM ON OUR PRODUCTS AND SERVICES AND THE IMPORTANCE OF SUPPORTING LOCAL BUSINESS; AND TO CONTRIBUTE TO THE VITALITY AND WELL-BEING OF OUR COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Pruitt Executive Di | 40 | $0 | |
Mark Rud President | 4 | $0 | |
Laci Rose Vice Preside | 4 | $0 | |
Nicole Tenhaken Secretary | 4 | $0 | |
Will Ramsey Treasurer | 6 | $0 | |
Saige Sturvist Board Member | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $51,440 |
| Membership dues | $25,117 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,559 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,885 |
| Professional fees and other payments to independent contractors | $2,729 |
| Occupancy, rent, utilities, and maintenance | $3,021 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,392 |
| Total expenses | $96,027 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,628 |
| Other assets | $0 |
| Total assets | $6,628 |
| Total liabilities | $322 |
| Net assets or fund balances | $6,306 |