Downtown Hays Development Corporation

Organization Overview

Downtown Hays Development Corporation is located in Hays, KS. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Downtown Hays Development Corporation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Hays Development Corporation 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 Hays Development Corporation generated $143.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $115.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE DOWNTOWN HAYS DEVELOPMENT CORPORATION (DHDC) IS TO FOSTER AWARENESS AND PROMOTE DOWNTOWN HAYS AS A VIBRANT CENTER OF COMMERCE, RECREATION, ARTS, GOVERNMENT AND HISTORY THAT SERVES THE PEOPLE OF HAYS, THE SURROUNDING REGION AND VISITORS FROM AROUND THE WORLD. THE DHDC WILL WORK TO PREVENT THE DETERIORATION AND ENHANCE THE VIABILITY OF THE COMMUNITY'S CULTURAL CENTERS, HISTORICAL LANDMARKS AND PUBLIC INFRASTRUCTURE IMPORTANT TO THE COMMUNITY'S ECONOMIC AND CULTURAL WELL-BEING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REFURBISHMENT OF HISTORICAL COMMERCIAL PROPERTY & PROMOTION / DEVELOPMENT OF HISTORICAL AND CULTURAL CENTER OF COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
David Herl
Treasurer/director
$0
Brett Ottley
Presidnet/director
$0
Patrick Mcginnis
Director
$0
Sandy Keller
Vice President/director
$0
Mike Holliday
Director
$0
Megan Ball
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $54,000
All other contributions, gifts, grants, and similar amounts not included above$44,828
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$98,828
Total Program Service Revenue$0
Investment income $8
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $44,385
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $143,221

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