Jerome 20-20 Inc is located in Jerome, ID. The organization was established in 2014. 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. Jerome 20-20 Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Jerome 20-20 Inc generated $130.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $128.6k during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTING JEROME FOR ECONOMIC DEVELOPMENT AND JOB CREATION. SUCCEEDED IN GETTING COMPANIES TO LOCATE IN JEROME.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Davidson President | 0 | $0 | |
Larry Hall Executive Director | 40 | $0 | |
Teri Stokes-Crouch Secretary | 0 | $0 | |
Joe Wrenfrow Vice President | 0 | $0 | |
Kelly Human Treasurer | 0 | $0 | |
Jc Olson Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $130,158 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,158 |
| 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 | $89,777 |
| Occupancy, rent, utilities, and maintenance | $2,237 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,597 |
| Total expenses | $128,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,789 |
| Other assets | $0 |
| Total assets | $84,789 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,789 |