Johnstown Downtown Development Association
- Assets
- $77.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnstown, CO
- Founding
- Data as of
- 12/2022
- EIN
- 85-0927297
Organization Overview
Johnstown Downtown Development Association is located in Johnstown, CO. 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. Johnstown Downtown Development Association 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 12/2022, Johnstown Downtown Development Association generated $145.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 51.0% each year . All expenses for the organization totaled $115.8k during the year ending 12/2022. While expenses have increased by 45.0% per year over the past 2 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
EVENTS TO PROMOTE DOWNTOWN BUSINESSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brianna Waugh President | 10 | $0 | |
Veronica Schlagel Vice President | 10 | $0 | |
Elizabeth Doucette Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,599 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,260 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $119,396 |
| Total Revenue | $145,255 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $115,775 |
| Total expenses | $115,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,497 |
| Other assets | $0 |
| Total assets | $77,497 |
| Total liabilities | $32,934 |
| Net assets or fund balances | $44,563 |