Downtown Painesville Organization
- Assets
- $37.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Painesville, OH
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 84-1716245
Organization Overview
Downtown Painesville Organization is located in Painesville, OH. The organization was established in 2007. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Downtown Painesville Organization 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, Downtown Painesville Organization generated $72.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Bruner Treasurer | 5 | $0 | |
Mary Jo Miller Past President | 5 | $0 | |
Nick Augustine Trustee | 3 | $0 | |
Brian Posler Trustee | 1 | $0 | |
Ron Robertson President | 1 | $0 | |
Erica Acheson-Dunay Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,620 |
| Total Program Service Revenue | $6,171 |
| Membership dues | $9,720 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,893 |
| Other Revenue | $0 |
| Total Revenue | $72,404 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,486 |
| Professional fees and other payments to independent contractors | $2,898 |
| Occupancy, rent, utilities, and maintenance | $6,850 |
| Printing, publications, postage, and shipping | $128 |
| Other expenses | $19,013 |
| Total expenses | $73,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,924 |
| Other assets | $0 |
| Total assets | $37,571 |
| Total liabilities | $2,915 |
| Net assets or fund balances | $34,656 |