Jerome 20-20 Inc is located in Jerome, ID. The organization was established in 2014. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Jerome 20-20 Inc 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 12/2021, Jerome 20-20 Inc generated $123.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $146.6k during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTING JEROME FOR ECONOMIC DEVELOPMENT AND JOB CREATION. SUCCEEDED IN GETTING COMPANIES TO LOCATE IN JEROME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Davidson President | 0 | $0 | |
Larry Hall Executive Director | 40 | $0 | |
Randy King Treasurer | 0 | $0 | |
Jc Olson Director | 0 | $0 | |
Teri Stokes-Crouch Secretary | 0 | $0 | |
William Gilmartin Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $123,875 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $123,875 |
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 | $91,587 |
Occupancy, rent, utilities, and maintenance | $3,025 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $51,956 |
Total expenses | $146,568 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $98,091 |
Other assets | $0 |
Total assets | $98,091 |
Total liabilities | $0 |
Net assets or fund balances | $98,091 |
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