Mount Airy Downtown
- Assets
- $74.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Airy, NC
- Founding
- 03/2015
- Data as of
- 06/2023
- EIN
- 46-3126619
Organization Overview
Mount Airy Downtown is located in Mount Airy, NC. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Airy Downtown 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 06/2023, Mount Airy Downtown generated $118.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $84.0k during the year ending 06/2023. 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
THROUGH THE ORGANIZATION'S EFFORTS, 10 BUILDING FACADES WERE REDONE A NET JOB GAIN OF32 FULL TIME AND 25 PART TIME JOBS, A NET NEW BUSINESS GAIN OF 17 BUSINESSES WAS REALIZED, AND THERE WAS OVER $8 MILLION IN NEW PRIVATE INVESTMENT IN DOWNTOWN MOUNT AIRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Grote President | 1 | $0 | |
Jerry Coram Jr Vice President | 1 | $0 | |
Greg Perkins Treasurer | 1 | $0 | |
Jessica Icenhour Roberts Secretary | 1 | $0 | |
Andi Schnuck Director | 1 | $0 | |
Anna Kriska Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,725 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,225 |
| Other Revenue | $0 |
| Total Revenue | $117,950 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,378 |
| Professional fees and other payments to independent contractors | $366 |
| Occupancy, rent, utilities, and maintenance | $4,073 |
| Printing, publications, postage, and shipping | $999 |
| Other expenses | $20,182 |
| Total expenses | $83,998 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,157 |
| Other assets | $0 |
| Total assets | $74,183 |
| Total liabilities | $438 |
| Net assets or fund balances | $73,745 |