Beaumont Urban Improvement Leadership For Downtown Inc
- Assets
- $304.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaumont, TX
- Founding
- 10/1985
- Data as of
- 09/2022
- EIN
- 76-0155471
Organization Overview
Beaumont Urban Improvement Leadership For Downtown Inc is located in Beaumont, TX. The organization was established in 1985. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic 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. Beaumont Urban Improvement Leadership For Downtown 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 09/2022, Beaumont Urban Improvement Leadership For Downtown Inc generated $163.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $136.3k during the year ending 09/2022. While expenses have increased by 4.9% 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
DEDICATED TO THE REVITALIZATION OF BEAUMONT'S HISTORIC CENTRAL BUSINESS DISTRICT THROUGH PROMOTION, EVENTS, AND ASSISTANCE WITH FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Bell Executive Dir. | 40 | $61,515 | |
Dan Parker Treasurer | 0.3 | $0 | |
Robin Troy Secretary | 0.3 | $0 | |
Sheri Arnold Director | 0.3 | $0 | |
Dean Conwell Director | 0.3 | $0 | |
Thomas Ashworth Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,284 |
| Total Program Service Revenue | $75,000 |
| Membership dues | $27,641 |
| Investment income | $5,597 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$13,887 |
| Other Revenue | $15,250 |
| Total Revenue | $163,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $96,768 |
| Professional fees and other payments to independent contractors | $5,070 |
| Occupancy, rent, utilities, and maintenance | $9,000 |
| Printing, publications, postage, and shipping | $448 |
| Other expenses | $25,056 |
| Total expenses | $136,342 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,686 |
| Other assets | $0 |
| Total assets | $304,238 |
| Total liabilities | $1,386 |
| Net assets or fund balances | $302,852 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Old Spanish Trail-Almeda Corridors Redevelopment Authority Houston, TX | $78,272,041 | $12,203,610 |
Centro Public Improvement District San Antonio, TX | $1,647,971 | $6,189,889 |
Maple Avenue Economic Development Corporation Of Dallas Dallas, TX | $11,933,705 | $3,299,961 |
White River Planning & Development Dist Inc Batesville, AR | $13,868,468 | $4,307,468 |
Covenant Community Capital Corporation Houston, TX | $9,362,906 | $2,210,165 |
Metafund Corporation Edmond, OK | $30,699,805 | $2,775,325 |
Sfs Development Inc Oklahoma City, OK | $22,888,253 | $6,807,080 |
Divinc Austin, TX | $1,242,173 | $2,296,391 |
The Pyramid Community Development Corporation Houston, TX | $3,288,918 | -$1,072,522 |
Technology & Entrepreneurship Center Of Houston Inc Houston, TX | $3,649,151 | $380,691 |
Regional Community Finance Inc New Orleans, LA | $27,779,646 | $1,353,772 |
Duncan Area Economic Development Foundation Duncan, OK | $17,794,309 | $1,169,335 |