Auburn Downtown Merchants Association Inc
- Assets
- $58.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Auburn, AL
- Founding
- 12/2018
- Data as of
- 12/2021
- EIN
- 81-4982163
Organization Overview
Auburn Downtown Merchants Association Inc is located in Auburn, AL. The organization was established in 2018. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Auburn Downtown Merchants 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, Auburn Downtown Merchants Association Inc generated $71.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $76.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZE AND EXECUTE DOWNTOWN EVENTS TO INCREASE FOOT TRAFFIC AND DRIVE BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Young President | 5 | $0 | |
Shelby Cohan Vice President | 3 | $0 | |
Jessica Cohen Director | 40 | $0 | |
Richard Byerly Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,361 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $53,058 |
| Other Revenue | $6,300 |
| Total Revenue | $71,486 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,289 |
| Professional fees and other payments to independent contractors | $2,010 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $359 |
| Other expenses | $29,138 |
| Total expenses | $76,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,840 |
| Other assets | $0 |
| Total assets | $58,170 |
| Total liabilities | $1,154 |
| Net assets or fund balances | $57,016 |
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