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First Town Downtown Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061438253 ✦ Windsor, CT ✦ Designated as a 501(c)(3)

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Overview

What is First Town Downtown Inc?

First Town Downtown Inc is a dedicated nonprofit organization situated in Windsor, Connecticut. Their primary mission revolves around fostering local economic growth and safeguarding historical heritage. They achieve this goal by organizing a variety of engaging events, activities, and programs within their commerce center. These initiatives aim to draw people to the area, thereby stimulating the local economy and celebrating Windsor's rich history.


Official website here: www.firsttowndowntown.com

Is First Town Downtown Inc legitimate?

First Town Downtown Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Town Downtown Inc submitted a form 990EZ, 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.


Official website here: www.firsttowndowntown.com

What is the mission statement of First Town Downtown Inc?

First Town Downtown Inc's mission is centered around fostering economic growth and safeguarding history. The organization accomplishes this by organizing a variety of special events, activities, and programs aimed at drawing people to the commercial hub in Windsor, Connecticut. By doing so, First Town Downtown Inc contributes to the vibrancy of the local economy while maintaining a strong connection to the past. Through these initiatives, the organization seeks to create an engaging and attractive environment for the community.


Official website here: www.firsttowndowntown.com

Who is the CEO of First Town Downtown Inc?

Scott Hoffman is the President of First Town Downtown Inc.


Official website here: www.firsttowndowntown.com

What is the revenue of First Town Downtown Inc?

First Town Downtown Inc's revenue in 2023 was $60,575.


Official website here: www.firsttowndowntown.com

Who are the executives of First Town Downtown Inc and what are their salaries?


Here are 4 key members and their salaries:


Scott Hoffman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Stone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mae Maloney (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Esposito (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.firsttowndowntown.com

Where can I find the form 990EZ for First Town Downtown Inc?

First Town Downtown Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.firsttowndowntown.com

Learn more at the official website: www.firsttowndowntown.com

Mission Statement of First Town Downtown Inc

First Town Downtown, as a nonprofit organization, is dedicated to two primary objectives: stimulating economic growth and safeguarding local history. To accomplish this mission, the organization actively engages in planning and organizing special events, activities, and programs. These initiatives are designed to draw people to the commercial center in Windsor, Connecticut, thereby fostering economic development. Additionally, First Town Downtown is committed to preserving the rich history of the area, ensuring that future generations can appreciate and learn from the past. By hosting these events and activities, the organization plays a significant role in promoting the local economy and maintaining the community's historical heritage.

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Impact




August, 2024

First Town Downtown Inc's impact can be seen in the revitalization of the local economy and the preservation of historical heritage in Windsor, CT. Through hosting special events, activities, and programs, they attract people to the commerce center, fostering community engagement and driving economic growth. Their efforts contribute to the overall improvement of the community and help create a vibrant and sustainable environment for residents and businesses alike.




This information is meant to be a general summary of First Town Downtown 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.

Revenue
$60,575 (2023)
Expenses
$43,746 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $20,000
  • Gross Receipts: $75,988

Assets and Liabilities:

  • Total Assets: $96,629
  • Total Liabilities: $10,774
  • Net Assets: $85,855

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Organization Details

Principal Officer

Scott Hoffman

Main Address

161 Broad Street, Windsor, CT, 06095

NTEE Category

Code: S20 - Community improvement

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