Overview
What is Lowell Plan Inc?
Lowell Plan Inc is a private, non-profit economic development organization situated in Lowell, Massachusetts. With a single employee, its primary objective is to enhance the city's image and contribute to its revitalization through various projects such as ACRE Project, downtown development, trolley study, and public matters. The organization serves as a platform for private and public sector leaders to engage in discussions about Lowell's economic, educational, and cultural development. Furthermore, Lowell Plan Inc supports and advocates for partnership programs that align with its strategic goals, aiming to drive growth and improvement for the city.
Official website here: www.lowellplan.org
Is Lowell Plan Inc legitimate?
Lowell Plan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lowell Plan Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $78,968
For more financial information, click here
Official website here: www.lowellplan.org
What is the mission statement of Lowell Plan Inc?
Lowell Plan Inc, as a private non-profit economic development organization, serves as a platform for both private and public sector leaders to engage in discussions about the city's economic, educational, and cultural development. The organization advocates and supports partnership programs that align with its strategic goals, aiming to contribute to the city's revitalization. The Lowell Plan Inc endeavors to enhance the city's positive image and carries out various projects such as the Acre Project, Downtown Development, Trolley Study, and involvement in public matters, which contribute to its mission of revitalizing the city.
Official website here: www.lowellplan.org
Who is the CEO of Lowell Plan Inc?
John Power is the Director of Lowell Plan Inc.
Official website here: www.lowellplan.org
What is the revenue of Lowell Plan Inc?
Lowell Plan Inc's revenue in 2023 was $454,556.
Official website here: www.lowellplan.org
Who are the executives of Lowell Plan Inc and what are their salaries?
The average compensation at Lowell Plan Inc during 2023 was $78,968. There is 1 employee and 38 volunteers at Lowell Plan Inc.
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Official website here: www.lowellplan.org
Where can I find the form 990 for Lowell Plan Inc?
Lowell Plan Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lowellplan.org
Learn more at the official website: www.lowellplan.org
Mission Statement of Lowell Plan Inc
Lowell Plan Inc, a private non-profit economic development organization, serves as a platform for both private and public sector leaders to engage in discussions regarding the city's economic, educational, and cultural development. The organization's mission is multifaceted, aiming to support and advocate for partnership programs that align with its strategic goals. Lowell Plan Inc's primary objective is to enhance the city's image and contribute to its continued revitalization through various projects. Some of these projects include the ACRE Project, downtown development initiatives, and studies on the potential implementation of a trolley system, among others. The organization also focuses on addressing public matters, working to improve the city in various aspects.
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Impact
October, 2024
Lowell Plan Inc plays a vital role in shaping the economic, educational, and cultural landscape of Lowell, Massachusetts. By fostering collaboration between private and public sector leaders, the organization creates a dynamic forum for discussing critical issues concerning the city’s development. The initiatives spearheaded by Lowell Plan Inc, such as the ACRE Project, Downtown Development, and the Trolley Study, contribute significantly to the revitalization of the city, enhancing its appeal and functionality.
The organization focuses on improving the image of Lowell, advocating for strategic projects that align with community goals. Through their efforts, they support partnerships that engage stakeholders and drive progress in various sectors. This collaborative approach not only aids in the economic revitalization of the area but also enriches the cultural fabric of the community, ensuring that Lowell remains a vibrant place to live, work, and visit. Overall, Lowell Plan Inc's commitment to the city’s development helps to foster a stronger, more interconnected community.
This information is meant to be a general summary of Lowell Plan Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $50,412
- Program Service Revenue: $63,977
- Gross Receipts: $454,556
Assets and Liabilities:
- Total Assets: $2,065,384
- Total Liabilities: $26,032
- Net Assets: $2,039,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BREAKFAST TICKET SALES
Revenue
$23,977
PUBLIC MATTERS TUITION FEES
Revenue
$17,500
TDI AGREEMENT
Revenue
$16,000
NPS AGREEMENT
Revenue
$6,500
Organization Details
Founding Year
1980
Phone
(978) 459-9899Principal Officer
John Power
Main Address
660 SUFFOLK STREET, LOWELL, MA, 01854
Website
www.lowellplan.orgNTEE Category
Code: S200 - Community improvement
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