Downtown Kenosha
- Assets
- $127.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Kenosha, WI
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 46-5181193
Organization Overview
Downtown Kenosha is located in Kenosha, WI. The organization was established in 2014. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Downtown Kenosha 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 Kenosha generated $172.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $72.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Downtown Kenosha has awarded 30 individual grants totaling $291,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FOUR VOLUNTEER COMMITTEES (DESIGN, ORGANIZATION, PROMOTION, AND ECONOMIC RESTRUCTURING) WERE ESTABLISHED AND EACH DEVELOPED WORK PLANS TO SUPPORT LOCAL BUSINESSES AND BRING NEW CUSTOMERS DOWNTOWN. KENOSHA WAS DESIGNATED A MAIN STREET COMMUNITY IN JULY 2013 AND, IN OCTOBER 2014, DOWNTOWN KENOSHA, INC. RECEIVED ITS 501(C)(3) STATUS AS A NON-PROFIT CORPORATION. DOWNTOWN KENOSHA, INC. HOSTS PROMOTIONAL EVENTS--INCLUDING MONTHLY SECOND SATURDAY EVENTS, A HOLIDAY TREE LIGHTING AND DOWNTOWN DECORATING EVENT, A WINTER SNOW DAZE FESTIVAL, AND AN EASTER EVENT--TO IMPROVE THE PERCEPTION OF DOWNTOWN AND ATTRACT A GROWING CUSTOMER BASE TO DOWNTOWN BUSINESSES. DOWNTOWN KENOSHA, INC. ALSO COORDINATED VISITS AND WORKED ON FEASIBILITY STUDIES FOR PROSPECTIVE DEVELOPERS TO REDEVELOP VACANT PROPERTIES IN THE DOWNTOWN AREA. DOWNTOWN KENOSHA, INC. DEVELOPED PLANS AND APPLIED FOR GRANTS FOR INFRASTRUCTURE IMPROVEMENTS AND TECHNICAL ASSISTANCE TO IMPROVE DOWNTOWN KENOSHAS PUBLIC SPACE, STREETSCAPE, ROADS, TRANSIT, AND PEDESTRIAN ACCESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Tagliapietra President | 0 | $0 | |
Heather Wessling Immediate Pa | 0 | $0 | |
Matt Monroe Vice Preside | 0 | $0 | |
Derek Petersen Treasurer | 0 | $0 | |
Rachel Hernandez Secretary | 0 | $0 | |
Tina Chatmon Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,907 |
| Total Program Service Revenue | $8,742 |
| Membership dues | $0 |
| Investment income | $131 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,114 |
| Total Revenue | $172,894 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,791 |
| Professional fees and other payments to independent contractors | $4,822 |
| Occupancy, rent, utilities, and maintenance | $2,850 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,922 |
| Total expenses | $72,024 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,284 |
| Other assets | $0 |
| Total assets | $127,284 |
| Total liabilities | $359 |
| Net assets or fund balances | $126,925 |
Grants Awarded
Over the last fiscal year, Downtown Kenosha has awarded $60,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UPTOWN BEAUTY PURPOSE: BUSINESS RECOVERY FD | $10,000 |
PUBLIC CRAFT BREWING COMPANY PURPOSE: BUSINESS RECOVERY FD | $10,000 |
UPTOWN KENOSHA INCORPORATED PURPOSE: BUSINESS RECOVERY FD | $20,000 |
BASA 2000 LLCSUBWAY PURPOSE: BUSINESS RECOVERY FD | $10,000 |
THE OUTDOORS BY QUALITY FENCING PURPOSE: BUSINESS RECOVERY FD | $10,000 |