Develop New Albany Inc Tt
- Assets
- $162.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Albany, IN
- Founding
- 10/1990
- Data as of
- 06/2022
- EIN
- 35-1798806
Organization Overview
Develop New Albany Inc Tt is located in New Albany, IN. The organization was established in 1990. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Develop New Albany Inc Tt 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 06/2022, Develop New Albany Inc Tt generated $106.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $113.1k during the year ending 06/2022. 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
DEVELOP NEW ALBANY UNDERTAKES VARIOUS ACTIVITIES TO FURTHER ITS MISSION OF PRESERVING AND REVITALIZING DOWNTOWN NEW ALBANY. ACTIVITIES NORMALLY UNDERTAKEN DURING THE YEAR INCLUDE: -MANAGE & PROMOTE FARMERS MARKET -HARVEST HOMECOMING FESTIVAL -EVENTS, SUCH AS THE JINGLE WALK, HOLIDAY FEST, TACO WALK, AND COOKIE STROLL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradley Fair President | 5 | $0 | |
Libby Elswick Treasurer | 5 | $0 | |
Meredith Lambe Secretary | 5 | $0 | |
Derrick Wilson Vice President | 5 | $0 | |
Teresa Baxter Promotions Committee Chair | 5 | $0 | |
Angie Kleer Design Committee Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,688 |
| Total Program Service Revenue | $31,046 |
| Membership dues | $33,837 |
| Investment income | $154 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,074 |
| Other Revenue | $6,847 |
| Total Revenue | $106,646 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,009 |
| Professional fees and other payments to independent contractors | $1,850 |
| Occupancy, rent, utilities, and maintenance | $15,437 |
| Printing, publications, postage, and shipping | $8,156 |
| Other expenses | $37,630 |
| Total expenses | $113,082 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,213 |
| Other assets | $0 |
| Total assets | $162,395 |
| Total liabilities | $800 |
| Net assets or fund balances | $161,595 |