Downtown Newark Special Improvement District Inc
- Assets
- $50.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, OH
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 82-4566521
Organization Overview
Downtown Newark Special Improvement District Inc is located in Newark, OH. The organization was established in 2019. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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 Newark Special Improvement District 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 12/2023, Downtown Newark Special Improvement District Inc generated $166.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $163.8k 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
GOVERNING THE SPECIAL IMPROVEMENT DISTRICT. FUNDS USED FOR PROJECTS LIKE DISTRICT BEAUTIFICATION, SAFETY PATROLS AND PARKING ENFORCEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rhodes Board Member | 1 | $0 | |
Phil Claggett Board Member | 1 | $0 | |
Chase Ghiloni Secretary | 4 | $0 | |
Cindy Neely Treasurer | 4 | $0 | |
Steve Layman Chairman | 4 | $0 | |
Veronica Patton Vice Chairman | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,162 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,162 |
| 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 | $16,030 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $147,720 |
| Total expenses | $163,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,025 |
| Other assets | $0 |
| Total assets | $50,025 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,025 |