Hopewell Downtown Partnership Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hopewell, VA
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 26-1282648
Organization Overview
Hopewell Downtown Partnership Inc is located in Hopewell, VA. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopewell Downtown Partnership 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 12/2023, Hopewell Downtown Partnership Inc generated $142.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $177.7k during the year ending 12/2023. While expenses have increased by 7.8% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND ASSIST DOWNTOWN DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Joyner President | 1 | $0 | |
Meredith Dean Vice President | 1 | $0 | |
Betty Ware Secretary | 1 | $0 | |
Cristina Luman Bailey Officer | 1 | $0 | |
Mary French Elder Officer | 1 | $0 | |
Crystal Benjamin Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,487 |
| Total Program Service Revenue | $70,000 |
| Membership dues | $100 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$15,265 |
| Other Revenue | $474 |
| Total Revenue | $142,796 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,833 |
| Professional fees and other payments to independent contractors | $30,774 |
| Occupancy, rent, utilities, and maintenance | $6,193 |
| Printing, publications, postage, and shipping | $5,680 |
| Other expenses | $39,228 |
| Total expenses | $177,708 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |