Destination Downtown Dover Inc
- Assets
- $22.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, DE
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-4088875
Organization Overview
Destination Downtown Dover Inc is located in Dover, DE. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Destination Downtown Dover Inc 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, Destination Downtown Dover Inc generated $59.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $69.4k during the year ending 12/2022. 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
DESTINATION DOWNTOWN DOVER ORGANIZES MUSIC AND CRAFT BEVERAGE FESTIVALS TO PROMOTE THE DOWNTOWN DOVER AREA AS A DESTINATION TO LIVE, WORK, SHOP AND DINE. THE PROCEEDS FROM THESE FESTIVALS ARE USED FOR BEAUTIFICATION, PROMOTION AND ASSISTING OTHER NON-PROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cameron Llewellyn Board Member | 3 | $0 | |
Todd Stonesifer Board Member | 5 | $0 | |
Devon Hoerner President | 5 | $0 | |
Robb Carter Board Member | 3 | $0 | |
Kevin Mitten Treasurer | 5 | $0 | |
Codi Canasa Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,650 |
| Total Program Service Revenue | $18,531 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,184 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,423 |
| Total expenses | $69,423 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,358 |
| Other assets | $0 |
| Total assets | $22,358 |
| Total liabilities | $1,678 |
| Net assets or fund balances | $20,680 |