Downtown Danville Inc
- Assets
- $83.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, IL
- Founding
- 04/1984
- Data as of
- 12/2022
- EIN
- 37-1136476
Organization Overview
Downtown Danville Inc is located in Danville, IL. The organization was established in 1984. 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. Downtown Danville 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, Downtown Danville Inc generated $86.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $99.2k during the year ending 12/2022. While expenses have increased by 7.0% 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE DOWNTOWN DANVILLE AREA WHICH BENEFITS ALL THE PEOPLE IN THE DOWNTOWN DANVILLE AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Lamb Director | 1 | $0 | |
Andrew Dudich Director | 1 | $0 | |
Heather Pierce Director | 1 | $0 | |
Jason Rome Director | 1 | $0 | |
Kendred Tillotson Director | 1 | $0 | |
Michael O'brien Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,509 |
| Total Program Service Revenue | $34,938 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,043 |
| Total Revenue | $86,490 |
| 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 | $8,641 |
| Occupancy, rent, utilities, and maintenance | $17,091 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,450 |
| Total expenses | $99,182 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,564 |
| Other assets | $0 |
| Total assets | $83,434 |
| Total liabilities | $971 |
| Net assets or fund balances | $82,463 |