Partnership Reston is located in Reston, VA. According to its NTEE Classification (S30) the organization is classified as: 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. Partnership Reston 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, Partnership Reston generated $50.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 71.0% each year . All expenses for the organization totaled $48.7k 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
THE PROGRAM IS TO INTEGRATE NEW DEVELOPMENT INTO THE GREATER RESTON COMMUNITY THROUGH MEANINGFUL COLLABORATION, STRONG ADVOCACY, AND STRATEGIC PLACEMAKING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Kapur Interim Secretary | 5 | $0 | |
Cate Fulkerson Secretary | 1 | $0 | |
Margaret Parker Executive Director | 10 | $38,917 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
Total Program Service Revenue | $0 |
Membership dues | $20,000 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $50,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $44,303 |
Professional fees and other payments to independent contractors | $1,063 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,337 |
Total expenses | $48,703 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,828 |
Other assets | $0 |
Total assets | $2,828 |
Total liabilities | $0 |
Net assets or fund balances | $2,828 |