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Downtown 5K Inc

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

EIN: 223047066 ✦ Exeter, RI ✦ Designated as a 501(c)(3)

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Overview

What is Downtown 5K Inc?

Downtown 5K Inc, situated in Exeter, Rhode Island, serves as a foundation or grantmaker. Their primary objective is to collect funds for various charitable organizations. Their mission, in essence, is dedicated to supporting the noble causes of various charitable entities. The organization's activities revolve around raising funds, which they channel toward deserving charitable organizations.

Is Downtown 5K Inc legitimate?

Downtown 5K Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown 5K 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Downtown 5K Inc?

Downtown 5K Inc, being a foundation or grantmaking organization, is committed to raising funds for charitable organizations. Their primary objective is to contribute financially to various charitable entities, aiming to make a positive impact in various communities and sectors. The organization's activities are centered around fundraising, with the ultimate goal of providing support to deserving causes. While the specific charities they support may vary, their mission remains constant - to raise funds and make a difference in the lives of many.

Who is the CEO of Downtown 5K Inc?

Charles Breagy is the Director of Downtown 5K Inc.

What is the revenue of Downtown 5K Inc?

Downtown 5K Inc's revenue in 2022 was -$13,567.

Who are the executives of Downtown 5K Inc and what are their salaries?

There are 4 employees and 300 volunteers at Downtown 5K Inc.


There is 1 key member and their salary:


Charles Breagy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Downtown 5K Inc?

Downtown 5K Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Downtown 5K Inc

Downtown 5K Inc, a foundation or grantmaking organization, is dedicated to raising funds for various charitable organizations. Their mission is centered around the notion of providing financial support to these non-profit entities, with the ultimate goal of contributing to their causes and making a positive impact in the community. By raising funds, Downtown 5K Inc plays a vital role in enabling these charitable organizations to carry out their missions and make a difference in the lives of those they serve.

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Impact




October, 2024

Downtown 5K Inc significantly impacts the community by raising funds to support various charitable organizations. Based in Exeter, RI, the organization organizes events that not only foster community engagement but also generate essential financial resources for local charities. By focusing on recreational activities, Downtown 5K Inc creates an inclusive atmosphere that encourages participation from residents, promoting health, wellness, and a sense of community involvement. Ultimately, the funds raised contribute to enhancing the social fabric of the area, enabling recipient organizations to fulfill their missions and better serve those in need.




This information is meant to be a general summary of Downtown 5K 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
-$13,567 (2022)
Expenses
$8,361 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20
  • Gross Receipts: $69,025

Assets and Liabilities:

  • Total Assets: $5,080
  • Total Liabilities: $1,497
  • Net Assets: $3,583

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Organization Details

Principal Officer

Charles Breagy

Main Address

183 PURGATORY ROAD, EXETER, RI, 02822

NTEE Category

Code: N60Z - Recreation

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