Overview
What is Spearfish Downtown Business Assoc?
Spearfish Downtown Business Association is a nonprofit organization dedicated to revitalizing the downtown Spearfish area by organizing engaging events. Their primary objective is to attract visitors and local shoppers, fostering a sense of community. They achieve this by hosting weekend events, such as Friday Night Live during the summer months, offering live music and street vendor attractions to entice visitors. These events aim to boost commerce in the downtown area, providing both entertainment and a platform for local businesses to showcase their offerings.
Is Spearfish Downtown Business Assoc legitimate?
Spearfish Downtown Business Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Spearfish Downtown Business Assoc 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.
What is the mission statement of Spearfish Downtown Business Assoc?
The Spearfish Downtown Business Association's mission is centered around organizing distinctive entertainment events to entice visitors and shoppers to the downtown area. This association strives to promote local events that cater to families and community members, encouraging them to shop locally. To achieve this, they have organized several weekend events, with the primary objective of attracting shoppers to the downtown area. Notably, they have initiated Friday Night Live events during the summer months of June through August. These events feature live musical entertainment and street vendors, which serve to captivate visitors, thereby boosting footfall and business activity in the downtown area.
Who is the CEO of Spearfish Downtown Business Assoc?
Luke Donovan is the President of Spearfish Downtown Business Assoc.
What is the revenue of Spearfish Downtown Business Assoc?
Spearfish Downtown Business Assoc's revenue in 2022 was $70,332.
Who are the executives of Spearfish Downtown Business Assoc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Spearfish Downtown Business Assoc?
Spearfish Downtown Business Assoc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Spearfish Downtown Business Assoc
Spearfish Downtown Business Association, abbreviated as SDBA, is an organization with a mission to enrich the downtown Spearfish area by organizing unique entertainment events. Their primary goal is to entice visitors and locals to shop in the downtown district. To achieve this, SDBA hosts a series of weekend events, particularly during the summer months from June to August. These events, such as the Friday Night Live specials, feature live music performances and street vendors, aiming to engage and captivate visitors. By doing so, SDBA hopes to boost foot traffic and shopping in the downtown area, ultimately promoting local businesses and fostering a sense of community.
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Impact
October, 2024
The Spearfish Downtown Business Association significantly enhances the vitality of the downtown Spearfish area by organizing special entertainment events aimed at attracting shoppers and visitors. Their initiatives provide lively weekend events, notably during the summer months through the "Friday Night Live" series. These events not only feature live musical performances and street vendors but also create an engaging atmosphere that fosters community connection.
By promoting local events tailored for families and community members, the association encourages residents and visitors to shop locally, which boosts the local economy and supports small businesses. The focus on entertainment and communal engagement strengthens the downtown area's appeal, drawing in foot traffic and enriching the overall experience for both visitors and residents alike. Ultimately, their efforts contribute significantly to the cultural and economic development of Spearfish, creating a vibrant hub for social interaction and commerce.
This information is meant to be a general summary of Spearfish Downtown Business Assoc. 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 2022.
- Investment Income: $14
- Program Service Revenue: $59,124
- Gross Receipts: $70,332
Assets and Liabilities:
- Total Assets: $11,597
- Total Liabilities: $1,041
- Net Assets: $10,556
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Organization Details
Phone
(605) 641-8019Principal Officer
Luke Donovan
Main Address
810 N MAIN ST 199, SPEARFISH, SD, 57783
NTEE Category
Code: S41 - Community improvement
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