Bemidji Downtown Alliance Inc
- Assets
- $115.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bemidji, MN
- Founding
- 09/1984
- EIN
- 41-1405613
Organization Overview
Bemidji Downtown Alliance Inc is located in Bemidji, MN. The organization was established in 1984. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Bemidji Downtown Alliance Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending undefined, Bemidji Downtown Alliance Inc generated $13.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $6.0k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Messer Secretary | 0 | $0 | |
Kristi Miller Vice Preside | 0 | $0 | |
Carl Johnson Treasurer | 0 | $0 | |
Colleen Bakken President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,748 |
| Membership dues | $50 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,834 |
| Statement of Expenses | |
|---|---|
| Total expenses | $6,024 |
| Balance Sheet | |
|---|---|
| Total assets | $115,138 |
| Total liabilities | $4,250 |
| Net assets or fund balances | $110,888 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bemidji Downtown Alliance Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
George W Neilson Foundation 18358 Bemidji, MN PURPOSE: MISSISSIPPI MUSIC | $10,000 |
George W Neilson Foundation 18358 Bemidji, MN PURPOSE: THIRD ST ARCHWAY | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Milwaukee Urban Strategic Investment Corp Milwaukee, WI | $23,035,863 | $4,044,506 |
Watertown Development Company Watertown, SD | $26,777,594 | $1,539,881 |
Destination Medical Center Corporation Rochester, MN | $379,838 | $2,053,572 |
Northwest Side Community Development Corporation Milwaukee, WI | $11,140,702 | $4,254,876 |
Northside Economic Opportunity Network Minneapolis, MN | $8,534,205 | $5,326,140 |
Greater Fargo Moorhead Economic Development Corporation Fargo, ND | $1,995,409 | $1,379,514 |
Pottawattamie County Development Corporation Council Bluffs, IA | $7,450,789 | $1,451,387 |
Newbo City Market Cedar Rapids, IA | $2,228,131 | $819,874 |
Northspan Group Incorporated Duluth, MN | $484,560 | $824,081 |
Ocdc Inc Orange City, IA | $11,104,202 | $1,328,566 |
West Broadway Area Coalition Minneapolis, MN | $5,268,017 | $711,000 |