Garner Revitalization Association Inc
- Assets
- $117.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garner, NC
- Founding
- 01/2007
- Data as of
- 06/2023
- EIN
- 41-2188619
Organization Overview
Garner Revitalization Association Inc is located in Garner, NC. The organization was established in 2007. 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. Garner Revitalization Association 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 06/2023, Garner Revitalization Association Inc generated $50.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $34.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 5 years. 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
TO AID AND PROMOTE THE REVITALIZATION, REDEVELOPMENT, IMPROVEMENT AND BEAUTIFICATION OF THE TOWN OF GARNER, NC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Behringer Director/lia | 0 | $0 | |
Demian Dellinger Chair | 0 | $0 | |
Rachel Tourdot Vice Chair | 0 | $0 | |
Kentrell Perry Director | 0 | $0 | |
Joyce Stephens Director | 0 | $0 | |
Shayla Douglas Downtown Man | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,950 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $53 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,003 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,000 |
| Professional fees and other payments to independent contractors | $26 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $731 |
| Other expenses | $32,319 |
| Total expenses | $34,076 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,874 |
| Other assets | $0 |
| Total assets | $116,974 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,974 |