Amherst Downtown & Betterment Association
- Assets
- $310.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amherst, OH
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 34-1965294
Organization Overview
Amherst Downtown & Betterment Association is located in Amherst, OH. The organization was established in 2003. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amherst Downtown & Betterment Association 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, Amherst Downtown & Betterment Association generated $134.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $111.0k during the year ending 12/2022. While expenses have increased by 2.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR MISSION IS TO PROMOTE AND MAINTAIN AN HISTORIC AND ECONOMICALLY VITAL DOWNTOWN THAT IS ATTRACTIVE AND ACCESSIBLE TO PEOPLE OF ALL AGES.
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) | Role | Hours | Compensation |
|---|---|---|---|
Michael Ciu Vice President | 4 | $0 | |
Denise Mccarty President | 4 | $0 | |
Donna Templeton Secretary | 4 | $0 | |
John Dunn Treasurer | 4 | $0 | |
Teresa Gilles Executive Director | 40 | $54,885 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,035 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,860 |
| Investment income | $277 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $50,476 |
| Other Revenue | $3,291 |
| Total Revenue | $134,939 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,369 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $4,733 |
| Printing, publications, postage, and shipping | $821 |
| Other expenses | $28,597 |
| Total expenses | $110,970 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,379 |
| Other assets | $0 |
| Total assets | $310,369 |
| Total liabilities | $12,319 |
| Net assets or fund balances | $298,050 |