Bettercity Superior
- Assets
- $16.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Superior, WI
- Founding
- 09/2014
- Data as of
- 06/2020
- EIN
- 46-4946971
Organization Overview
Bettercity Superior is located in Superior, WI. The organization was established in 2014. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Bettercity Superior 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 06/2020, Bettercity Superior generated $42.4k 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 (10.4%) each year. All expenses for the organization totaled $57.5k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (5.2%) 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
2020
Describe the Organization's Program Activity:
Part 3
BETTER CITY: SUPERIOR, INC. (BETTER CITY) WILL DEVELOP AND EXECUTE AN ECONOMIC DEVELOPMENT STRATEGIC PLAN TO REVITALIZE THE CITY OF SUPERIOR, WISCONSIN. THE PRIMARY FOCUS OF THE PLAN IS TO REDEVELOP THE DOWNTOWN CORE OF THE CITY AND CREATE HIGH-PAYING JOBS. BETTER CITY WILL WORK WITH COMMUNITY PARTNERS INCLUDING THE CHAMBER OF COMMERCE, THE BUSINESS IMPROVEMENT DISTRICT, THE DEVELOPMENT ASSOCIATION INC. AND THE CITY OF SUPERIOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Thompson Chair | 1 | $0 | |
Dave Miller Vice Chair | 1 | $0 | |
Mark Hubbard Treasurer | 1 | $0 | |
Ryan Fraley Secretary | 1 | $0 | |
Al Kurtz Jr Director | 1 | $0 | |
Jim Ronding Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,350 |
| Statement of Expenses | |
|---|---|
| Total expenses | $57,499 |
| Balance Sheet | |
|---|---|
| Total assets | $16,326 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,326 |