Grove City Town Center
- Assets
- $4.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grove City, OH
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 56-2398566
Organization Overview
Grove City Town Center is located in Grove City, OH. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Grove City Town Center is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Grove City Town Center generated $121.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $125.9k during the year ending 12/2022. While expenses have increased by 11.2% per year over the past 6 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 ORGANIZATION PLAYS YEAR-ROUND TO FESTIVALS AND EVENTS THAT DRAW PEOPLE TO THE TOWN CENTER, WHICH OFFERS A WALKABLE LIFESTYLE AMIDST A GROWING BUSINESS CLIMATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Furr Executive Director | 20 | $0 | |
David Crosby President | 3 | $0 | |
Barbara Mogren Vice President And Operations Chair | 2 | $0 | |
Theresa Jester Secretary | 2 | $0 | |
Allen Jones Treasurer | 2 | $0 | |
Sally Beaver Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,499 |
| Total Program Service Revenue | $0 |
| Membership dues | $925 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $43,709 |
| Other Revenue | $440 |
| Total Revenue | $121,573 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,082 |
| Professional fees and other payments to independent contractors | $14,859 |
| Occupancy, rent, utilities, and maintenance | $41,197 |
| Printing, publications, postage, and shipping | $2,384 |
| Other expenses | $41,422 |
| Total expenses | $125,944 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $944 |
| Other assets | $0 |
| Total assets | $4,162 |
| Total liabilities | $70,106 |
| Net assets or fund balances | -$65,944 |