Danville Development Council
- Assets
- $9.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, VA
- Founding
- 03/1987
- Data as of
- 06/2023
- EIN
- 54-1286219
Organization Overview
Danville Development Council is located in Danville, VA. The organization was established in 1987. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Danville Development Council 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 06/2023, Danville Development Council generated $12.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 67.0% each year . All expenses for the organization totaled $4.4k during the year ending 06/2023. While expenses have increased by 45.4% per year over the past 3 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
INDUSTRIAL, COMMERCIAL AND AGRICULTURAL DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Hall Chairman | 2 | $0 | |
John Laramore Vice Chairman | 2 | $0 | |
Mark Holland Treasurer | 2 | $0 | |
Russell Reynolds Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,500 |
| Total Revenue | $12,500 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,850 |
| Total expenses | $4,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,933 |
| Other assets | $0 |
| Total assets | $9,933 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,933 |