Historic Downtown District Of Crystal Lake Inc
- Assets
- $221.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crystal Lake, IL
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 36-4105965
Organization Overview
Historic Downtown District Of Crystal Lake Inc is located in Crystal Lake, IL. The organization was established in 1997. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Downtown District Of Crystal Lake 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 12/2022, Historic Downtown District Of Crystal Lake Inc generated $172.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $122.2k during the year ending 12/2022. While expenses have increased by 1.2% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF HDDCL IS TO PRESERVE AND ENHANCE THE HISTORIC DOWNTOWN DISTRICT AS THE HEART OF CRYSTAL LAKE AND TO PROVIDE FOR A SUCCESSFUL BUSINESS AND RESIDENTIAL ENVIRONMENT THAT COMMUNICATES A SENSE OF COMMUNITY PRIDE, HERITAGE, AND SMALL TOWN WHOLESOMENESS AS A LASTING LEGACY FOR FUTURE GENERATIONS. HDDCL PLANS AND ORGANIZES VARIOUS COMMUNITY EVENTS THROUGHOUT THE YEAR TO ENCOURAGE COMMERCE IN THE DOWNTOWN DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zak Dolezal Director | 1 | $0 | |
Lori Mcconville Director | 1 | $0 | |
Kathleen Narusis Treasurer | 1 | $0 | |
Diana Kenney Executive Dir. | 40 | $16,168 | |
Ben Volling President | 1 | $0 | |
Mary Behrens Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,878 |
| Total Program Service Revenue | $10,915 |
| Membership dues | $20,500 |
| Investment income | $232 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,770 |
| Total Revenue | $172,295 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $72,087 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,267 |
| Printing, publications, postage, and shipping | $928 |
| Other expenses | $34,907 |
| Total expenses | $122,189 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,712 |
| Other assets | $0 |
| Total assets | $221,124 |
| Total liabilities | $0 |
| Net assets or fund balances | $221,124 |