Downtown Florence Alliance

Organization Overview

Downtown Florence Alliance is located in Florence, AL. The organization was established in 1993. 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. Downtown Florence Alliance 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 09/2023, Downtown Florence Alliance generated $127.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $127.7k during the year ending 09/2023. While expenses have increased by 1.4% 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3

PROMOTION OF A SUCCESSFUL AND VIBRANT DOWNTOWN AREA THROUGH EVENTS,FESTIVALS, TOURS AND MEETINGS.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Stangel
Executive Di
$43,250
Ashley Winkle
Chairperson
$0
Brandon Brown
Treasurer
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$72,754
Total Program Service Revenue$49,861
Membership dues$0
Investment income $268
Gain or Loss$0
Net Income from Gaming & Fundraising$4,771
Other Revenue$0
Total Revenue$127,654

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