Vincennes Urban Enterprise Association Inc is located in Vincennes, IN. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vincennes Urban Enterprise Association 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, Vincennes Urban Enterprise Association Inc generated $84.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $91.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 9 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
THE PURPOSE OF THE ENTERPRISE ZONE IS TO PROVIDE ASSISTANCE TO PERSONS AND BUSINESSES IN THE ZONE AREA IN AN EFFORT TO ENHANCE THE ECONOMIC ASPECTS OF THE ZONE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley Rose Treasurer | 1 | $0 | |
Jonathan Feavel Secretary | 0 | $0 | |
Dan Osborne Vice President | 0 | $0 | |
Aaron Bauer President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,000 |
| Total Program Service Revenue | $1,992 |
| Membership dues | $59,036 |
| Investment income | $64 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,092 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,500 |
| Professional fees and other payments to independent contractors | $1,125 |
| Occupancy, rent, utilities, and maintenance | $409 |
| Printing, publications, postage, and shipping | $150 |
| Other expenses | $5,759 |
| Total expenses | $91,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,342 |
| Other assets | $0 |
| Total assets | $73,767 |
| Total liabilities | $267 |
| Net assets or fund balances | $73,500 |