Urban Enterprise Association Of Richmond Inc is located in Richmond, IN. The organization was established in 1985. 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. Urban Enterprise Association Of Richmond 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, Urban Enterprise Association Of Richmond Inc generated $90.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $61.8k during the year ending 12/2023. While expenses have increased by 2.5% 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
SPECIAL PROGRAMS - ASSISTANCE WAS GIVEN TO VARIOUS NOT-FOR-PROFIT ORGANIZATIONS AND PARTNER GROUPS TO ASSIST IN REVITALIZATION AND DEVELOPMENT OF THE ENTERPRISE ZONE.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Jack Baker Secretary | 2 | $0 | |
| Melinda Wilson Board Member | 2 | $0 | |
| Holli Farmer Board Member | 2 | $0 | |
| Ian Vanness Board Member | 2 | $0 | |
| Beth Newton Board Member | 2 | $0 | |
| Jeff Locke President | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,991 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $850 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $90,841 | 
| 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 | $1,545 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $31,298 | 
| Total expenses | $61,809 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,455 | 
| Other assets | $0 | 
| Total assets | $131,455 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $131,455 |