Henderson Vance Downtown Development Commission Inc
- Assets
- $170.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Henderson, NC
- Founding
- 08/1987
- Data as of
- 06/2023
- EIN
- 58-1727589
Organization Overview
Henderson Vance Downtown Development Commission Inc is located in Henderson, NC. The organization was established in 1987. 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. Henderson Vance Downtown Development Commission Inc 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 06/2023, Henderson Vance Downtown Development Commission Inc generated $31.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $38.9k during the year ending 06/2023. 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
PURPOSE OF COMMISSION IS TO RECEIVE AND MAINTAIN A FUND OF REAL OR PERSONAL PROPERTY TO USE AND APPLY THE WHOLE OR ANY PART OF INCOME TO COUNTER ECONOMIC AND SOCIAL DETERIORATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Ellis Board Member | 0.25 | $0 | |
Greg Etheridge Board Member | 0.25 | $0 | |
Pam Hester Board Member | 0.25 | $0 | |
Sheri Jones Board Member | 0.25 | $0 | |
Archie Taylor Board Member | 0.25 | $0 | |
Corey Williams Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,016 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,646 |
| Other Revenue | $0 |
| Total Revenue | $31,670 |
| 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 | $3,125 |
| Occupancy, rent, utilities, and maintenance | $351 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,851 |
| Total expenses | $38,917 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,652 |
| Other assets | $0 |
| Total assets | $170,505 |
| Total liabilities | $0 |
| Net assets or fund balances | $170,505 |