Downtown Mantua Revitalization Corporation
- Assets
- $136.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mantua, OH
- Founding
- 09/2010
- Data as of
- 12/2023
- EIN
- 56-2676527
Organization Overview
Downtown Mantua Revitalization Corporation is located in Mantua, OH. The organization was established in 2010. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic 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. Downtown Mantua Revitalization Corporation 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 12/2023, Downtown Mantua Revitalization Corporation generated $63.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $54.8k during the year ending 12/2023. 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
ART ON THE HILL IS OUR MAJOR FUND RAISER. AN ART FESTIVAL HOSTED FOR 1 DAY IN THE VILLAGE FUNDED BY VENDOR BOOTH FEES. AT THIS FESTIVAL WE DISTRIBUTE INFORMATION REGARDING THE DOWNTOWN MANTUA REVITALIZATION CORP. ORGANIZATION AND ACCOMPLISHMENTS. WE FUND A FEW LOCAL MUSICIANS FOR ENTERTAINMENT DURING THE FESTIVAL. WE ALSO HAVE A REVERSE RAFFLE FOR FUNDRAISING AND TO PROMOTE OUR ACCOMPLISHMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edie Benner President | 20 | $0 | |
Toomas Tubalkain Vice President | 16 | $0 | |
Susan Steinberg Secretary | 25 | $0 | |
Elva Stamm Treasurer | 16 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,026 |
| Total Program Service Revenue | $23,862 |
| Membership dues | $170 |
| Investment income | $313 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,371 |
| 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 | $8,214 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,422 |
| Other expenses | $7,057 |
| Total expenses | $54,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,341 |
| Other assets | $0 |
| Total assets | $136,341 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,341 |