Downtown Edmond Business Association Inc is located in Edmond, OK.
For the year ending 12/2023, Downtown Edmond Business Association Inc generated $87.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $70.1k during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE SHOPPING IN THE DOWNTOWN EDMOND RETAIL DISTRICT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephanie Carel Executive Director | 20 | $25,500 | |
Robert Black Secretary | 1 | $0 | |
Michelle Schaefer Treasurer | 2 | $0 | |
Ray Hibbard Vice President | 1 | $0 | |
Nancy Weiss Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $290 |
Total Program Service Revenue | $0 |
Membership dues | $30,798 |
Investment income | $493 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $56,043 |
Other Revenue | $40 |
Total Revenue | $87,664 |
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 | $33,445 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,770 |
Other expenses | $33,917 |
Total expenses | $70,132 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,781 |
Other assets | $0 |
Total assets | $36,781 |
Total liabilities | $0 |
Net assets or fund balances | $36,781 |