Rediscover Downtown Peru Inc
- Assets
- $39.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peru, IN
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-5119470
Organization Overview
Rediscover Downtown Peru Inc is located in Peru, IN. The organization was established in 2015. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Rediscover Downtown Peru 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, Rediscover Downtown Peru Inc generated $82.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $53.1k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 7 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
SUPPORTING LOCAL BUSINESS THROUGH GRANTS MATCHING THE COST OF IMPROVEMENTS MADE TO FACADE OF DOWNTOWN PERU BUILDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Mccoy President | 0 | $0 | |
Gizella Roberts Secretary/tr | 0 | $0 | |
Terry T Smith Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,645 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,310 |
| Other Revenue | $0 |
| Total Revenue | $81,955 |
| 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 | $16,988 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,350 |
| Total expenses | $53,138 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,080 |
| Other assets | $0 |
| Total assets | $39,205 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,205 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rediscover Downtown Peru Inc has recieved totaling $9,972.
| Awarding Organization | Amount |
|---|---|
Northern Indiana Community Foundation Inc Rochester, IN PURPOSE: MARIE STUART STATUE | $6,472 |
James O And Alice F Cole Foundation Inc Peru, IN PURPOSE: TO FUND OPERATIONS | $2,500 |
Margaret Cole Richards Charitable Foundation Inc Indianapolis, IN PURPOSE: TO FUND OPERATIONS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seton Property Corporation Of North Alabama St Louis, MO | $50,940,533 | $5,932,254 |
Horizon House Inc Indianapolis, IN | $11,235,353 | $7,114,001 |
St Marys Building Corporation St Louis, MO | $40,020,947 | $3,125,452 |
Delaware Advancement Corporation Muncie, IN | $19,134,942 | $3,911,691 |
Providence Building Corporation Inc St Louis, MO | $6,600,443 | $3,711,993 |
Austin Peoples Action Center Chicago, IL | $1,169,247 | $2,618,671 |
Choose Chicago Foundation Chicago, IL | $859,781 | $2,550,000 |
Delta Institute Chicago, IL | $8,129,187 | $1,847,841 |
Lafayette-West Lafayette Development Corporation Lafayette, IN | $8,692,255 | $2,407,037 |
Experimental Station Chicago, IL | $1,624,397 | $2,920,468 |
Choicelight Inc South Bend, IN | $6,935,874 | $2,247,361 |
Scott County Partnership Inc Scottsburg, IN | $388,631 | $1,647,451 |