The Lodo District Inc
- Assets
- $77.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Denver, CO
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 84-1075606
Organization Overview
The Lodo District Inc is located in Denver, CO. The organization was established in 1994. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lodo 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 12/2022, Lodo District Inc generated $106.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $97.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. 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 Mission:
Part 3 - Line 1
THE LODO DISTRICT INC. IS A MEMBERSHIP ORGANIZATION THAT SUPPORTS DENVER'S LOWER DOWNTOWN "LODO" NEIGHBNORHOOD AND ITS HISTORIC AND MIXED-USE CHARACTER THROUGH ADVOCACY, EDUCATION, AND PROMOTION.
Describe the Organization's Program Activity:
Part 3
THE URBAN DESIGN COMMITTEE OVERSEES THE DISTRICT'S WORK ON DEVELOPMENT, SAFETY, TRANSPORTATION, POLICY AND ALL MATTERS RELATED TO LODO'S BUILT ENVIRONMENT.
THE LODO CARES COMMITTEE IS OUR PHILANTHROPIC ARM THAT SUPPORTS SUCH NEIGHBORHOOD PROGRAMS AS THE CHERRY CREEK CLEAN-UP, PAUL AND CAROL ANN ROTHMAN PLAYGROUND CLEAN-UP, LODO ANGELS AND THE BARTH HOTEL.
THE MARKETING AND ACTIVATION COMMITTEE ORGANIZES EVENTS THAT PROVIDE FOR INFORMATIVE DISCUSSIONS AS WELL AS OPPORTUNITIES TO NETWORK. WE PRODUCE OUR ANNUAL MEETING, LIMELIGHT AWARDS, HAPPY HOURS AT MEMBER BUSINESSES, AS WELL AS OTHER CONTENT DRIVEN EVENTS THROUGHOUT THE YEAR. WE ALSO HELP DEVELOP THE LODO BRAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marty Steinberg Co-Chair | 10 | $0 | |
Dick Farley Co-Chair | 10 | $0 | |
Laurie Helmick Treasurer | 10 | $0 | |
Jarrodd Perrott Secretary | 5 | $0 | |
Rachel Anders Director | 5 | $0 | |
Bri Baffer Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,682 |
| Total Program Service Revenue | $20,944 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,638 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,627 |
| Professional fees and other payments to independent contractors | $4,965 |
| Occupancy, rent, utilities, and maintenance | $2,183 |
| Printing, publications, postage, and shipping | $149 |
| Other expenses | $31,885 |
| Total expenses | $97,809 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,225 |
| Other assets | $0 |
| Total assets | $77,096 |
| Total liabilities | $2,073 |
| Net assets or fund balances | $75,023 |