Overview
What is The Friends Of Blackstone Inc?
The Friends of Blackstone Inc, based in Crewe, VA, is a dedicated nonprofit organization with a mission to preserve local historic structures from potential demolition or neglect. They aim to revitalize these buildings for economic growth and job creation. One of their initiatives is offering a space in a rehabilitated building, the Blackstone Antiques & Craft Mall, at an affordable rental lease agreement for small businesses. Additionally, they have programs underway to rejuvenate a building at 121 North Main Street in Blackstone, VA. Overall, The Friends of Blackstone Inc play a significant role in the community by preserving heritage and fostering small business development.
Is The Friends Of Blackstone Inc legitimate?
The Friends Of Blackstone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Friends Of Blackstone 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Friends Of Blackstone Inc?
The Friends of Blackstone Inc's mission is centered around safeguarding local historic structures that face the threat of neglect or demolition. They strive to breathe new life into these structures and transform them into economic development opportunities, thereby creating job opportunities. The organization operates a rehabilitated building, known as the Blackstone Antiques & Craft Mall, which is leased out to small businesses at a rate below the fair market value. In addition, they have initiatives underway, such as the rehabilitation of a building at 121 North Main Street in Blackstone, VA. The Friends of Blackstone Inc's mission extends to promoting community development and job creation through the restoration of historical buildings.
What is the revenue of The Friends Of Blackstone Inc?
The Friends Of Blackstone Inc's revenue in 2023 was $150,627.
Who are the executives of The Friends Of Blackstone Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for The Friends Of Blackstone Inc?
The Friends Of Blackstone Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of The Friends Of Blackstone Inc
The Friends of Blackstone Inc is a nonprofit organization with a mission to safeguard local historical structures that are at risk of neglect or demolition. Their primary objective is to revitalize these spaces, thereby creating economic development opportunities and generating employment. To accomplish this, they offer affordable rental leases for small businesses within a rehabilitated building, known as the Blackstone Antiques & Craft Mall. Additionally, they undertake rehabilitation projects, such as the renovation of a building situated at 121 North Main Street in Blackstone, VA. By preserving these historical structures and fostering small businesses, The Friends of Blackstone Inc contributes to the overall development and revitalization of the community.
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Impact
October, 2024
The Friends of Blackstone Inc significantly impacts the community by preserving local historic structures that are at risk of neglect or demolition. Through the acquisition and rehabilitation of these buildings, the organization fosters economic development opportunities and job creation. A prime example of their efforts is the Blackstone Antiques & Craft Mall, where they provide affordable space for small businesses, enabling entrepreneurs to thrive in a supportive environment.
Their commitment to revitalizing cultural heritage goes beyond mere preservation; it directly contributes to the local economy and creates a vibrant community atmosphere. Additionally, projects like the rehabilitation of the building at 121 North Main Street in Blackstone enhance the area’s aesthetic appeal and historical value, attracting visitors and potential new residents.
In essence, The Friends of Blackstone Inc serves as a catalyst for growth and renewal, ensuring that historic sites are not only saved from decay but also transformed into functional spaces that bolster local enterprise and community pride.
This information is meant to be a general summary of The Friends Of Blackstone 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.
- Program Service Revenue: $127,413
- Gross Receipts: $150,627
Assets and Liabilities:
- Total Assets: $315,759
- Total Liabilities: $250,932
- Net Assets: $64,827
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Organization Details
Principal Officer
Janette Baranishyn
NTEE Category
Code: A80 - Arts
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