Beaumont Urban Improvement Leadership For Downtown Inc
- Assets
- $276.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaumont, TX
- Founding
- 10/1985
- Data as of
- 09/2023
- EIN
- 76-0155471
Organization Overview
Beaumont Urban Improvement Leadership For Downtown Inc is located in Beaumont, TX. The organization was established in 1985. 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. Beaumont Urban Improvement Leadership For Downtown 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 09/2023, Beaumont Urban Improvement Leadership For Downtown Inc generated $103.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $131.8k during the year ending 09/2023. 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
DEDICATED TO THE REVITALIZATION OF BEAUMONT'S HISTORIC CENTRAL BUSINESS DISTRICT THROUGH PROMOTION, EVENTS, AND ASSISTANCE WITH FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Troy Secretary | 0.3 | $0 | |
Dan Parker Treasurer | 0.3 | $0 | |
Mellie Bevilacqua Director | 0.3 | $0 | |
Tom Bell Executive Dir. | 40 | $64,054 | |
Jennifer Gregory Director | 0.3 | $0 | |
Thomas Ashworth Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,015 |
| Total Program Service Revenue | $73,409 |
| Membership dues | $13,632 |
| Investment income | $6,593 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,186 |
| Other Revenue | $0 |
| Total Revenue | $103,463 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $92,278 |
| Professional fees and other payments to independent contractors | $5,036 |
| Occupancy, rent, utilities, and maintenance | $9,000 |
| Printing, publications, postage, and shipping | $151 |
| Other expenses | $25,293 |
| Total expenses | $131,758 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,372 |
| Other assets | $0 |
| Total assets | $276,665 |
| Total liabilities | $2,108 |
| Net assets or fund balances | $274,557 |