Downtown Lock Haven Inc
- Assets
- $56.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Lock Haven, PA
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 34-2017968
Organization Overview
Downtown Lock Haven Inc is located in Lock Haven, PA. The organization was established in 2005. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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 Lock Haven 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 12/2022, Downtown Lock Haven Inc generated $53.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $62.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) 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
PROMOTES THE DOWNTOWN BUSINESS COMMUNITY THROUGH SPECIAL PROGRAMS AND ACTIVITIES AIMED AT GENERATING TRAFFIC IN THE BUSINESS DISTRICT. SUPPORTS ONGOING REVITALIZATION IN THE DOWNTOWN THROUGH COMMUNITY AND ECONOMIC DEVELOPMENT AND EDUCATIONAL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Rolley Director | 1 | $0 | |
Paul Caimi Vice President | 1 | $0 | |
Ben Green Treasurer | 1 | $0 | |
Krisy Meeker Director | 1 | $0 | |
Julie Brennan Director | 1 | $0 | |
Steve Stevenson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,625 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,275 |
| Other Revenue | $0 |
| Total Revenue | $53,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,965 |
| Professional fees and other payments to independent contractors | $2,800 |
| Occupancy, rent, utilities, and maintenance | $7,502 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,290 |
| Total expenses | $62,557 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,260 |
| Other assets | $0 |
| Total assets | $56,293 |
| Total liabilities | $19,823 |
| Net assets or fund balances | $36,470 |