Visit Fort Wayne Foundation Inc
- Assets
- $56.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 47-4637946
Organization Overview
Visit Fort Wayne Foundation Inc is located in Fort Wayne, IN. The organization was established in 2016. 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. Visit Fort Wayne Foundation 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 12/2021, Visit Fort Wayne Foundation Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $8.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.0%) per year over the past 5 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
TO CREATE A BETTER DESTINATION, BENEFITING BOTH VISITORS AND RESIDENTS BY SUPPORTING EDUCATION AND SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Shearer Director | 1 | $0 | |
Melissa Schenkel Vice Chair | 1 | $0 | |
Mike Nutter Director | 1 | $0 | |
Danette Fitzgerald Director | 1 | $0 | |
Dawn Rosemond Board Chairp | 1 | $0 | |
Kellie Mcclung Treasurer/se | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| 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 | $10,000 |
| 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 | $775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,689 |
| Total expenses | $8,464 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,220 |
| Other assets | $0 |
| Total assets | $56,220 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,220 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Visit Fort Wayne Foundation Inc has recieved totaling $42,156.
| Awarding Organization | Amount |
|---|---|
Fort Wayne Allen County Convention And Visitors Bureau Inc Fort Wayne, IN PURPOSE: OPERATIONS | $42,156 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Business Chicago Chicago, IL | $9,302,792 | $9,942,081 |
Enlace Chicago Chicago, IL | $7,912,354 | $9,016,287 |
West Central Indiana Economic Development District Inc Terre Haute, IN | $2,629,970 | $4,624,225 |
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Evansville Vanderburgh County Convention & Visitors Bureau Inc Evansville, IN | $5,490,585 | $3,551,749 |
Milwaukee Urban Strategic Investment Corp Milwaukee, WI | $23,035,863 | $4,044,506 |
Far South Cdc Chicago, IL | $4,303,074 | $2,694,787 |
Northwest Side Community Development Corporation Milwaukee, WI | $11,140,702 | $4,254,876 |
Wepower Saint Louis, MO | $83,554 | $1,807,746 |
Capitalplus Exchange Corporation Skokie, IL | $2,405,541 | $1,079,242 |
Visitors Center Inc Columbus, IN | $3,460,184 | $2,273,942 |
Catalytic Development Funding Corp Of Northern Kentucky Covington, KY | $17,082,435 | $2,043,108 |