Downtown Hershey Association
- Assets
- $113.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hershey, PA
- Founding
- 10/2010
- Data as of
- 12/2021
- EIN
- 46-4743064
Organization Overview
Downtown Hershey Association is located in Hershey, PA. The organization was established in 2010. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Downtown Hershey Association 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 12/2021, Downtown Hershey Association generated $35.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $35.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
MAKING DOWNTOWN HERSHEY AMAZING BY HOSTING EVENTS THROUGHOUT THE YEAR AND BRINGING THE COMMUNITY TOGETHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Demopoulos Treasurer | 0 | $0 | |
Scott Stein President | 0 | $0 | |
Rick Zmuda Vice Preside | 0 | $0 | |
Phil Friedrich Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,800 |
| Total Program Service Revenue | $24,231 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,791 |
| 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 | $18,158 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,906 |
| Total expenses | $35,064 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,184 |
| Other assets | $0 |
| Total assets | $113,184 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,184 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Hershey Association has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Penn State Health Hershey, PA PURPOSE: PROGRAM SUPPORT | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lake Linganore Association Inc New Market, MD | $10,199,975 | $5,995,596 |
East Harlem Council For Community Improvement Inc New York, NY | $2,118,161 | $3,411,139 |
Warwick Valley Local Development Corporation Warwick, NY | $848,951 | $5,651,378 |
Radisson Community Association Inc Baldwinsville, NY | $3,036,076 | $2,758,047 |
Trustees Of New Castle Common New Castle, DE | $18,463,159 | $4,025,581 |
Laura E Price Briggs Estate 4042008-Te Pittsburgh, PA | $36,510,296 | $1,566,500 |
Hidden Valley Foundation Inc Hidden Valley, PA | $3,819,746 | $2,615,880 |
Hazelwood Initiative Inc Pittsburgh, PA | $12,916,299 | $2,940,670 |
Greater Cleveland Neighborhood Centers Association Cleveland, OH | $1,849,768 | $3,284,465 |
Community Housing Improvement Program Inc New York, NY | $2,216,727 | $1,575,020 |
Pennsylvania Apartment Association Bala Cynwyd, PA | $1,420,169 | $1,873,030 |
Good Old Lower East Side Inc New York, NY | $2,010,294 | $1,873,147 |