Downtown West Newton Inc
- Assets
- $295.1k
- Revenue
- $22.4k
- Investments
- $0.0
- Employees
- 0
- Location
- West Newton, PA
- Founding
- 04/1999
- Data as of
- 12/2017
- EIN
- 25-1604989
Organization Overview
Downtown West Newton Inc is located in West Newton, PA. The organization was established in 1999. 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 West Newton Inc 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 12/2017, Downtown West Newton Inc generated $22.4k 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 (4.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
HELP WEST NEWTON'S DOWNTOWN BY STABILIZING OUR ECONOMY, ENHANCING OUR ASSETS, AND ENCOURAGING DEVELOPMENT, WHILE PRESERVING OUR UNIQUE CHARM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS PROMOTION PROGRAMS: DWNI PROMOTED THE WEST NEWTON'S DOWNTOWN AREA AND IT'S LOCAL BUSINESSES THROUGH VARIOUS EVENTS AND PROGRAMS. IT SPONSORED MEMBERSHIP MEETINGS TO NOTIFY THE COMMUNITY OF UPCOMING PROJECTS, BUSINESS ROUND TABLES, AND WORKSHOPS. IN ADDITION IT PARTICIPATED IN THE LOCAL COMMUNITY FESTIVAL. IT SPONSORED LOCAL CLEANUP AND BEAUTIFICATION EVENTS. A BANNER PROGRAM ALLOWED LOCAL BUSINESSES TO ADVERTISE WITH ATTRACTIVE BANNERS. A HOLIDAY EVENT, A FALL OCOTBERFEST EVENT, AND A SPRING HERITAGE EVENT, AND A BRIDGE FESTIVAL ATTRACTED THE COMMUNITY INTO THE DOWTOWN AREA. FUNDING WAS SECURED FOR HOLIDAY LIGHTING.
BUSINESS DISTRICT REVITALIZATIN PROGRAMS: THROUGH PENNSYLVANIA MAIN STREET PROGRAM FUNDED BY THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPEMENT, DWNI PROVIDED FACADE IMPROVEMENT GRANTS IN THE AMOUNT OF 000.00 TO COMMERICIAL ENTERPRISES IN THE DOWNTOWN AREA, DWNI ALSO PROVIDED DESIGN ASSISTANCE TO THESE ENTERPRISES. A MAIN STREET MANAGER WAS EMPLOYED TO COORDINATE THE MAIN STREET PROGRAM. IT PARTICIPATED IN STATEWIDE AND REGIONAL ORGANIZATIONS THAT PROMOTE DOWNTOWN REVITALIZATION AND HOSTED A REGIONAL MAIN STREET EVENT.
PUBLIC PARKS ABD RECREATIONAL TRAILS MANAGEMENT: DWNI IS COORDINATING A "BRIDGE TO TOMORROW" RIVERFRONT PROJECT TO CONNECT A REGIONAL TRAIL WITH THE DOWNTOWN AREA. THE PROJECT INCLUDES PEDESTRIAN BRIDGE ENHANCEMENTS AND A TOWN SQUARE. DWNI HAS PURCHASED PROPERTY IN THE DOWNTOWN AREA FOR THE TOWN SQUARE DEVELOPEMENT AND CONTINUES TO MANAGE IT. FUNDING IS SECURED FOR DESIGN AND ENGINEERING OF THE TOWN SQUARE FOR A SIGNAGE PLAN. DWNI CREATED A FUNDING CAMPAIGN FOR PRIVATE INDIVIDUALS AND PUBLIC ENTITIES TO DONATE TO THE PROJECT THROUGH THE PURCHASE OF PERSONALIZED BRICKS. A RECREATIONAL TRAIL PROMOTION BOOKLET(TRAILBOOK) HIGHLIGHTED AND ADVERTISED LOCAL BUSINESSES. NEW SIGNS PROMOTING THE TOWN AND TRAILHEAD WERE DESIGNED.
HELP WEST NEWTON'S DOWNTOWN BY STABILIZING OUR ECONOMY, ENHANCING THE CITY'S IMAGE BY SPONSORING COMMUNITY EVENTS THAT SHOWCASE THE TOWN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arron Nelson President | Officer | $0 | |
Judith L Harvey Vice Preside | Officer | $0 | |
Marlene Yurkovich Treasurer | Officer | $0 | |
Ben Markle Secretary | Officer | $0 | |
Mark Bowers Board Member | Trustee | $0 | |
Barb Laface Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,323 |
| Investment income | $0 |
| 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 | $22,404 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $381 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,627 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,203 |
| All other expenses | $2,494 |
| Total functional expenses | $1,050,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,427 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $251,985 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $295,112 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $295,112 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $295,112 |
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