Tonopah Development Corporation
- Assets
- $55.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tonopah, NV
- Founding
- 07/2002
- Data as of
- 12/2022
- EIN
- 88-0505422
Organization Overview
Tonopah Development Corporation is located in Tonopah, NV. The organization was established in 2002. 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. Tonopah Development Corporation 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, Tonopah Development Corporation generated $43.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $28.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheri Harper Chair | 10 | $0 | |
Jeanne Metzger Vice-Chair | 10 | $0 | |
Joni Eastley Secretary/treasurer | 20 | $0 | |
Chambrea Fowles Board Member | 5 | $0 | |
Shirley Perkins Board Member | 5 | $0 | |
Angelique Palmieri Project Coordinator | 5 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,693 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,680 |
| Other Revenue | $7,800 |
| Total Revenue | $43,131 |
| 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 | $9,000 |
| Occupancy, rent, utilities, and maintenance | $1,605 |
| Printing, publications, postage, and shipping | $1,723 |
| Other expenses | $10,824 |
| Total expenses | $28,515 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,931 |
| Other assets | $0 |
| Total assets | $55,931 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,931 |