Urbana Business Association
- Assets
- $29.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Urbana, IL
- Founding
- 11/2015
- EIN
- 20-3024898
Organization Overview
Urbana Business Association is located in Urbana, IL. The organization was established in 2015. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Urbana Business Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urbana Business Association 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 undefined, Urbana Business Association generated $59.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $74.3k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 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
Describe the Organization's Program Activity:
Part 3
SWEET CORN FESTIVAL, MARKET IN SQUARE, URBANA MARKETING PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darius White Executive Director | 40 | $27,824 | |
Katie Fidler Chair | 2 | $0 | |
Tina Stover Chair/treasure | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,000 |
| Total Program Service Revenue | $33,547 |
| Membership dues | $2,675 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,222 |
| Statement of Expenses | |
|---|---|
| Total expenses | $74,321 |
| Balance Sheet | |
|---|---|
| Total assets | $29,323 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,323 |
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