Peoria Area Community Events Inc is located in Peoria, IL. The organization was established in 1990. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoria Area Community Events Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Peoria Area Community Events Inc generated $14.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (45.0%) each year. All expenses for the organization totaled $40.8k during the year ending 12/2022. 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
PEORIA AREA COMMUNITY EVENTS PRODUCED A LABOR DAY PICNIC AND ANNUAL SANTA CLAUS PARADE BENEFITTING APPROXIMATELY 10,000 PEOPLE; ADDITIONAL EVENTS NORMALLY PRODUCED WERE NOT FEASIBLE DUE TO LABOR AND ECONOMIC CONDITIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Pierson President | 0 | $0 | |
Shauntel Roueche Vice President | 0 | $0 | |
Dallas Mitchell Secretary | 0 | $0 | |
Mandy Eubank Treasurer | 0 | $0 | |
Susan Stockman Asst Treasurer | 0 | $0 | |
Mike Burns Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,575 |
| Total Program Service Revenue | $9,578 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,172 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,781 |
| Total expenses | $40,781 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,679 |
| Other assets | $0 |
| Total assets | $191,108 |
| Total liabilities | $664 |
| Net assets or fund balances | $190,444 |