Long Grove Business And Communitypartners

Organization Overview

Long Grove Business And Communitypartners is located in Long Grove, IL. The organization was established in 2008. 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 12/2022, Long Grove Business And Communitypartners employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Grove Business And Communitypartners 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, Long Grove Business And Communitypartners generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 10.5% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE HISTORIC PRESERVATION AND PROMOTION OF LONG GROVE'S TRADITIONAL DOWNTOWN AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HISTORIC PRESERVATION, IMPROVEMENT AND PROMOTION OF THE DOWNTOWN LONG GROVE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Clark
Board Member
$0
Jesse Desoto
Vice Preside
$0
Amy Gayton
Board Member
$0
John Kopecky
Secretary
$0
Ryan Messner
President
$0
David Perri
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,412
Fundraising events$0
Related organizations$0
Government grants $154,110
All other contributions, gifts, grants, and similar amounts not included above$10,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$167,522
Total Program Service Revenue$961,194
Investment income $78
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,128,794

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