Historic District Business Association Inc

Organization Overview

Historic District Business Association Inc is located in Natchitoches, LA. The organization was established in 2011. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic District Business Association Inc 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 12/2021, Historic District Business Association Inc generated $264.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $121.7k during the year ending 12/2021. While expenses have increased by 6.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE BUSINESS AND TOURISM. THE SUPPORT AND COMMUNICATION WITH, INCLUDING BUT NOT LIMITED TO CITY OF NATCHITOCHES CHAMBER OF COMMERCE AND CITY OF NATCHITOCHES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SUCCESSFULLY ORGANIZED AND ADVERTISED A CHRISTMAS FESTIVAL THAT WAS ATTENDED BY UPWARDS OF 350,000 PEOPLE. THIS EVENT WAS USED TO DIRECTLY DRIVE TOURISM AND PROMOTE BUSINESS IN THE AREA.


THE ORGANIZATION SUCCESSFULLY ORGANIZED AND ADVERTISED A CAR SHOW THAT WAS WELL ATTENDED. THIS EVENT WAS USED TO DIRECTLY DRIVE TOURISM AND PROMOTE BUSINESS IN THE AREA.


TO PROMOTE BUSINESS AND TOURISM. WEEKEND ACTIVITIES TO BRING TOURIST TO TOWN AND PROVIDE ACTITIES FOR RESIDENTS TO COME OUT AND SHOP.


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Board, Officers & Key Employees

Name (title)Compensation
Luke Frederick
Vice Preside
$0
Suzanna Bolton
Board Member
$0
Sandra Dickens
President
$0
William L Waskom
Treasurer
$0
Craig George
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$8,700
Fundraising events$38,500
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$47,200
Total Program Service Revenue$0
Investment income $731
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $216,302
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $264,233

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