North Bend Downtown Foundation
- Assets
- $75.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Bend, WA
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 46-2954407
Organization Overview
North Bend Downtown Foundation is located in North Bend, WA. The organization was established in 2014. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. North Bend Downtown Foundation 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, North Bend Downtown Foundation generated $44.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $3.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (31.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
NORTH BEND DOWNTOWN FOUNDATION PROVIDES SUPPORT SERVICES AND AMBASSADORS FOR PROMOTING BUSINESS IN BOWNTOWN NORTH BEND, WA.THE AGENCY PROVIDES SEVERAL ANNUAL DOWNTOWN EVENTS TO RAISE FUNDS AND PROMOTE BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Burrows Past President | 10 | $0 | |
Craig Glazier Board Member | 1 | $0 | |
Lucas Haines President | 5 | $0 | |
Jason Glazier Treasurer | 2 | $0 | |
Gaila Haas Secretary | 1 | $0 | |
Bre Keveran Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $125 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,167 |
| Other Revenue | $450 |
| Total Revenue | $44,142 |
| 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 | $197 |
| Occupancy, rent, utilities, and maintenance | $1,401 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,569 |
| Total expenses | $3,167 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,679 |
| Other assets | $0 |
| Total assets | $75,679 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,679 |