Wetumpka Downtown
- Assets
- $116.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wetumpka, AL
- Founding
- 10/2016
- Data as of
- 09/2023
- EIN
- 81-2819827
Organization Overview
Wetumpka Downtown is located in Wetumpka, AL. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wetumpka Downtown 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, Wetumpka Downtown generated $187.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $155.1k during the year ending 09/2023. 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
WETUMPKA DOWNTOWN, INC. HAS BEEN FULLY ENGAGED IN EDUCATING THE GENERAL PUBLIC ABOUT THE BENEFITS OF HELPING BUILD GENERAL SUPPORT FOR THE REVITALIZATION OF DOWNTOWN WETUMPKA. THE FOUR POINT APPROACH TO REVITALIZATION INVOLVING ECONOMIC RESTRUCTURING, ORGANIZATION, DESIGN AND PROMOTION HAVE BEEN DISCUSSED AT SEVERAL PUBLIC PRESENTATIONS BY MAIN STREET ALABAMA OFFICIALS AND THE CITIZENS ATTENDING HAVE BEEN ENGAGED TO SERVE ON COMMITTEES FOR THE UPCOMING YEAR WHICH WILL ADDRESS WORK PLANS TO BEGIN CHANGE IN OUR DOWNTOWN COMMUNITY. PROVIDING EDUCATION ON THE HISTORIC AND CULTURAL RESOURCES WITHIN THE DOWNTOWN COMMUNITY HAVE LED TO MANY NEW SUGGESTIONS FOR BRINGING THE GENERAL PUBLIC BACK TO DOWNTOWN TO ENJOY EVENTS AND PRESERVE THE HISTORICAL AND CULTURAL INTEGRITY OF OUR DOWNTOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis G Fain Secretary/treasurer | 4 | $0 | |
Scott Grier Board Member | 4 | $0 | |
Lee Mcmichael Board Member | 4 | $0 | |
Pam Martin Board Member | 4 | $0 | |
Larry Stevens Vice President | 4 | $0 | |
Lynn Weldon Ex-Officio Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,017 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,125 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $187,142 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,570 |
| Professional fees and other payments to independent contractors | $585 |
| Occupancy, rent, utilities, and maintenance | $13,815 |
| Printing, publications, postage, and shipping | $192 |
| Other expenses | $75,924 |
| Total expenses | $155,086 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,275 |
| Other assets | $0 |
| Total assets | $115,985 |
| Total liabilities | $1,637 |
| Net assets or fund balances | $114,348 |