Downtown Hershey Association is located in Hershey, PA. The organization was established in 2010. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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 Hershey Association 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 Hershey Association generated $60.2k 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 (6.2%) each year. All expenses for the organization totaled $77.3k 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
MAKING DOWNTOWN HERSHEY AMAZING BY HOSTING EVENTS THROUGHOUT THE YEAR AND BRINGING THE COMMUNITY TOGETHER.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Demopoulos Treasurer | 0 | $0 | |
Scott Stein President | 0 | $0 | |
Rick Zmuda Vice Preside | 0 | $0 | |
Phil Friedrich Secretary | 0 | $0 | |
Bob Bennett Director | 0 | $0 | |
Sandy Cappelli Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,679 |
| Total Program Service Revenue | $24,386 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,200 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,390 |
| Professional fees and other payments to independent contractors | $24,356 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,559 |
| Total expenses | $77,305 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,179 |
| Other assets | $0 |
| Total assets | $96,179 |
| Total liabilities | $100 |
| Net assets or fund balances | $96,079 |