Labelle Downtown Revitalization Corporation
- Assets
- $58.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Labelle, FL
- Founding
- 11/2014
- Data as of
- 12/2022
- EIN
- 46-5655554
Organization Overview
Labelle Downtown Revitalization Corporation is located in Labelle, FL. The organization was established in 2014. 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. Labelle Downtown Revitalization Corporation 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, Labelle Downtown Revitalization Corporation generated $182.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $178.6k during the year ending 12/2022. While expenses have increased by 18.3% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE HISTORIC PRESERVATION AND PROTECTION OF LABELLE'S DOWNTOWN AREA HAS BEEN STARTED AND IS ON GOING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Catala President | 0 | $0 | |
Kirk Matthew Rentz II Vice President | 0 | $0 | |
Alexander Destefano Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,240 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,251 |
| 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 | $47,867 |
| Occupancy, rent, utilities, and maintenance | $1,965 |
| Printing, publications, postage, and shipping | $2,338 |
| Other expenses | $126,448 |
| Total expenses | $178,618 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,769 |
| Other assets | $0 |
| Total assets | $58,649 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,649 |