Proud Pontiac Redeveloping Our United Downtown
- Assets
- $3.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pontiac, IL
- Founding
- 03/1989
- Data as of
- 09/2023
- EIN
- 37-1240766
Organization Overview
Proud Pontiac Redeveloping Our United Downtown is located in Pontiac, IL. The organization was established in 1989. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Proud Pontiac Redeveloping Our United Downtown is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Proud Pontiac Redeveloping Our United Downtown generated $518.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (45.8%) each year. All expenses for the organization totaled $1.1k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (42.9%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
THE MISSION OF PROUD IS THE ONGOING REVITALIZATION OF THE PONTIAC CENTRAL BUSINESS DISTRICT THROUGH FOCUSED PROMOTIONS, DESIGN, ECONOMIC RESTRUCTURING AND EFFECTIVE ORGANIZATION IN COOPERATION WITH THE DOWNTOWN BUSINESSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Burnett President | 5 | $0 | |
Steve Mueller Vice President | 1 | $0 | |
Anne Stephenson Secretary | 1 | $0 | |
Scott Cranford Treasurer | 1 | $0 | |
Donna Thompson Board Member | 0.25 | $0 | |
Jessica Warren Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $518 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $518 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $125 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,020 |
| Total expenses | $1,145 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,808 |
| Other assets | $0 |
| Total assets | $3,808 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,808 |