Downtown Indiana A Non-Profit Corporation
- Assets
- $75.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Indiana, PA
- Founding
- 11/1988
- Data as of
- 12/2022
- EIN
- 25-1552902
Organization Overview
Downtown Indiana A Non-Profit Corporation is located in Indiana, PA. The organization was established in 1988. 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. Downtown Indiana A Non-Profit 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, Downtown Indiana A Non-Profit Corporation generated $117.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $56.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO IMPROVE THE ECONOMIC CONDITION OF DOWNTOWN INDIANA.
TO IMPROVE THE ECONOMIC CONDITION OF DOWNTOWN INDIANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Hanig Vice Preside | 0 | $0 | |
Mark Bertig Ex-Officio | 0 | $0 | |
Connie Biss Board Member | 0 | $0 | |
Peter Broad Ex-Officio | 0 | $0 | |
Annmarie Everett Board Member | 0 | $0 | |
Lou Garzarelli Ex-Officio | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,149 |
| Total Program Service Revenue | $34,310 |
| Membership dues | $0 |
| Investment income | $604 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,618 |
| Other Revenue | $0 |
| Total Revenue | $117,681 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,483 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,287 |
| Total expenses | $56,770 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,302 |
| Other assets | $0 |
| Total assets | $75,302 |
| Total liabilities | $72,663 |
| Net assets or fund balances | $2,639 |