Downtown Medford Association Inc is located in Medford, OR. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Medford Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Downtown Medford Association Inc generated $68.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (37.2%) each year. All expenses for the organization totaled $130.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SPRING FLOWER BASKET PROJECT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Bauernfeind Board Member | 1 | $0 | |
Lisa Stanton Board Member | 1 | $0 | |
Paul Christy Board Member | 1 | $0 | |
Milan Hanson Board Member | 1 | $0 | |
Phyllis Nelson Board Member | 1 | $0 | |
David Wilkerson Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,489 |
| Total Program Service Revenue | $4,668 |
| Membership dues | $4,170 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,964 |
| Other Revenue | $0 |
| Total Revenue | $68,363 |
| 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 | $67,598 |
| Occupancy, rent, utilities, and maintenance | $2,586 |
| Printing, publications, postage, and shipping | $6,225 |
| Other expenses | $53,815 |
| Total expenses | $130,224 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,678 |
| Other assets | $0 |
| Total assets | $85,678 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,678 |