Bolivar Downtown Developmentcorporation

Organization Overview

Bolivar Downtown Developmentcorporation is located in Bolivar, TN. 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 06/2023, Bolivar Downtown Developmentcorporation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bolivar Downtown Developmentcorporation 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 06/2023, Bolivar Downtown Developmentcorporation generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $445.1k during the year ending 06/2023. While expenses have increased by 8.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE THE REDEVELOPMENT OF DOWNTOWN BOLIVAR, TN

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTINUED INVESTMENT IN THE BUSINESSESS AND REAL ESTATE OF DOWNTOWN BOLIVAR


CONTINUED INVESTMENT IN THE BUSINESSESS AND REAL ESTATE OF DOWNTOWN BOLIVAR


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)Compensation
Jac Belet
Board Member
$0
Jeff Goss
Board Member
$0
Calvin Howell
Board Member
$0
Anderson Humphreys
Board Member
$0
Julian Mctizic
Board Member
$0
Michael Miller
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $922,976
All other contributions, gifts, grants, and similar amounts not included above$83,539
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,006,515
Total Program Service Revenue$0
Investment income $11,769
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 $1,018,284

Peer Organizations

Organization NameAssets
Central Arkansas Development Council
Benton, AR
$82,809,361
Economic Development Partnership Of North Carolina Inc
Raleigh, NC
$52,521,206
Southern Mississippi Planning And Development District Inc
Gulfport, MS
$34,417,646
Riverfront Development Corporation
Memphis, TN
$7,696,270
Atlanta Convention & Vistors Bureau Inc
Atlanta, GA
$26,232,942
South Alabama Regional Planning Commission
Mobile, AL
$22,990,512
Mississippi County Arkansas Economic Opportunity Commission In
Blytheville, AR
$20,275,154
Memphis Convention And Visitors Bureau
Memphis, TN
$18,472,607
Access To Capital For Entrepreneurs Inc
Cleveland, GA
$26,987,407
Purchase Area Development District Inc
Mayfield, KY
$14,269,202
Tennessee Technology Development Corporation
Nashville, TN
$13,419,783
Convention & Visitors Bureau Of Greater Kansas City
Kansas City, MO
$16,167,832
Richmond Metropolitan Convention & Vistors Bureau
Richmond, VA
$18,502,068
Chattanooga Area Convention And Visitors Bureau Inc
Chattanooga, TN
$12,349,629
Wayne County Development Allianceinc
Goldsboro, NC
$10,960,205
Nash-Edgecombe Wilson Community Action Inc
Rocky Mount, NC
$10,587,622
The Center For Kentucky Rural Economic Development Inc
Somerset, KY
$8,257,213
St Louis Economic Development Partnership
Saint Louis, MO
$7,649,513
Southeast Ark Economic Development Dist Inc
Pine Bluff, AR
$8,494,217
Explore Branson Tourism
Branson, MO
$7,396,641
East Central Planning & Development District Inc<410 Decatur St
Newton, MS
$8,249,381
Knoxville Convention & Visitors Bureau Inc
Knoxville, TN
$10,096,746
Economic Development Corporation Of Kansas City Missouri
Kansas City, MO
$6,752,938
Kentucky Highlands Investment Corporation
London, KY
$8,002,017
Center For Regional Economic Competitiveness
Arlington, VA
$5,182,427

Create an account to unlock the data you need.

or