Intown Concord
- Assets
- $176.1k
- Revenue
- $292.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Concord, NH
- Founding
- 04/2003
- Data as of
- 12/2023
- EIN
- 02-0528727
Organization Overview
Intown Concord is located in Concord, NH. The organization was established in 2003. 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. As of 12/2023, Intown Concord employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intown Concord 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, Intown Concord generated $292.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $340.3k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO AMPLIFY AND CELEBRATE CONNECTION IN AND AROUND DOWNTOWN CONCORD. OUR VISION IS TO SUSTAIN VIBRANCY AND PROMOTE GROWTH OF THE CONCORD COMMUNITY. OUR VALUES: WELCOMING- FOSTER INCLUSIVITY AND EMBRACING DIVERSITY COLLABORATIVE- CULTIVATING COMMUNITY PARTNERSHIPS FUN- CREATING JOYFUL EXPERIENCES FOR ALL AGES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION: PROMOTING DOWNTOWN CONCORD AS AN EXCITING PLACE TO WORK, LIVE, PLAY, DO BUSINESS AND INVEST. INCLUDING ADMINISTERING FUNDS IN CONNECTION WITH SUCH PROMOTION.
ECONOMIC DEVELOPMENT: FOSTERING THE GROWTH AND IMPROVING THE COMMERCIAL, EMPLOYMENT, HOUSING, CULTURAL AND RECREATIONAL OPPORTUNITIES IN DOWNTOWN CONCORD, NEW HAMPSHIRE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Martin Executive Di | Officer | 40 | $83,288 |
Stefanie Breton Director | Trustee | 0.5 | $0 |
Stephanie Clark Director | Trustee | 0.5 | $0 |
Travis Craig Director | Trustee | 0.5 | $0 |
Brooke Lovett Shilo ESQ Secretary | OfficerTrustee | 1 | $0 |
Meagan Ferns Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,900 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,088 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,554 |
| Noncash contributions included in lines 1a–1f | $4,394 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,542 |
| Total Program Service Revenue | $177,870 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$265 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $292,166 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,288 |
| Compensation of current officers, directors, key employees. | $8,329 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,702 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,510 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,660 |
| Office expenses | $8,039 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,373 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,349 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $835 |
| Insurance | $2,810 |
| All other expenses | $14,520 |
| Total functional expenses | $340,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,253 |
| Savings and temporary cash investments | $73,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $125 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $880 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $176,136 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $11,250 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $63,910 |
| Total liabilities | $75,160 |
| Net assets without donor restrictions | $99,326 |
| Net assets with donor restrictions | $1,650 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $176,136 |
Grants Awarded
Over the last fiscal year, Intown Concord has awarded $15,850 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNFRANCHISED AUTO CARE PURPOSE: FACADE IMPROVEMENT | $5,850 |
ASSOCIATED ENTERPRISES PURPOSE: FACADE IMPROVEMENT | $10,000 |