Discover Downtown Petersburg Inc
- Assets
- $62.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Petersburg, IN
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 81-2558368
Organization Overview
Discover Downtown Petersburg Inc is located in Petersburg, IN. The organization was established in 2016. 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. Discover Downtown Petersburg 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 12/2022, Discover Downtown Petersburg Inc generated $51.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $42.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 4 years. 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
BRINGING AWARENESS TO AND PUBLICIZE THE DOWNTOWN AREAOF PETERSBURG, INDIANA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Willis President | 1 | $0 | |
John Heuring Vice President | 1 | $0 | |
Tammy Selby Sec/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,825 |
| Total Program Service Revenue | $4,228 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,484 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $139 |
| Other expenses | $42,058 |
| Total expenses | $42,447 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,208 |
| Other assets | $0 |
| Total assets | $62,730 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,730 |