Akron Revitalization Committee Inc
- Assets
- $316.2k
- Revenue
- $2.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, IN
- Founding
- 10/1999
- Data as of
- 12/2023
- EIN
- 35-2048554
Organization Overview
Akron Revitalization Committee Inc is located in Akron, IN. The organization was established in 1999. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Akron Revitalization Committee 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, Akron Revitalization Committee Inc generated $2.8k 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 (35.8%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (28.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirk Robinson President | 2 | $0 | |
Jon Channing Utter Secretary Treasurer | 1 | $0 | |
Dave Kruger Board Member | 1 | $0 | |
Merl Tinkey Board Member | 1 | $0 | |
Jim Saner Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $292 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,576 |
| Total operating and administrative expenses | $2,518 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,862 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $172,325 |
| Other assets | $0 |
| Total assets | $316,187 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $129,591 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $129,591 |