Overview
What is Newtown Business Association?
The Newtown Business Association is a community-focused nonprofit organization situated in Newtown, Pennsylvania. Their primary mission is to boost the reputation of Newtown Boro and Township as an alluring and advantageous place for residence, employment, shopping, and business activities. They accomplish this objective through various events, such as the Classic Car Show, Holiday Parade, Welcome Day, Easter Egg Hunt Business Expo & Culinary Fair, Member Breakfast & Card Exchange Meetings, which serve to enrich the local community and showcase the area's appeal. The organization's headquarters can be found at 1 S State Street, Newtown, PA 18940.
Is Newtown Business Association legitimate?
Newtown Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Newtown Business Association 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
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What is the mission statement of Newtown Business Association?
The Newtown Business Association's mission is centered around enhancing the appeal of a certain location, serving as a hub for both living and business activities. They strive to promote this location as an ideal spot for residence, employment, shopping, and conducting business activities. This is achieved through various community events such as the Classic Car Show, Holiday Parade, Welcome Day, Easter Egg Hunt, Business Expo, and Culinary Fair, as well as member meetings and exchanges. These initiatives aim to showcase the allure and potential of this location, thereby fostering growth and development in both the business and residential sectors.
What is the revenue of Newtown Business Association?
Newtown Business Association's revenue in 2023 was $129,532.
Who are the executives of Newtown Business Association and what are their salaries?
There 40 volunteers at Newtown Business Association.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Newtown Business Association?
Newtown Business Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Newtown Business Association
The Newtown Business Association, in its mission, strives to enhance the perception of Newtown as an attractive place for both personal and professional pursuits. This encompasses living, working, shopping, and conducting business within the area. The association aims to showcase Newtown's allure, thereby fostering growth and development within its community.
To achieve this mission, the Newtown Business Association organizes a series of community enrichment events. Some of these events include the Classic Car Show, which celebrates vintage vehicles, the Holiday Parade, a festive occasion that marks the start of the holiday season, Welcome Day, a welcoming event for newcomers to the community, and the Easter Egg Hunt. Additionally, the association hosts a Business Expo & Culinary Fair, providing an opportunity for local businesses to showcase their offerings and for residents to savor culinary delights. The association also conducts Member Breakfast & Card Exchanges Meetings, fostering a sense of camaraderie among its members.
In essence, the Newtown Business Association acts as a catalyst, promoting Newtown as a vibrant and desirable location. Through its community enrichment events, the association aims to create a sense of belonging and to strengthen the bonds within the community, thereby enhancing its appeal to both residents and businesses alike.
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Impact
October, 2024
The Newtown Business Association plays a crucial role in enhancing the local community by promoting Newtown Boro and Township as attractive places to live, work, and shop. Through a variety of community enrichment events, such as the Classic Car Show, Holiday Parade, Welcome Day, Easter Egg Hunt, Business Expo & Culinary Fair, and Member Breakfasts & Card Exchange Meetings, the association fosters a sense of community and encourages local engagement.
These events not only bring residents together but also highlight local businesses, driving foot traffic and supporting the economic vitality of the area. The association's efforts help cultivate a vibrant atmosphere that attracts new residents and businesses, contributing to overall community improvement and a stronger local economy. By focusing on these initiatives, the Newtown Business Association creates a positive impact on the quality of life for its residents and strengthens the community as a whole.
This information is meant to be a general summary of Newtown Business Association. 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: $701
- Program Service Revenue: $55,901
- Gross Receipts: $129,532
Assets and Liabilities:
- Total Assets: $65,980
- Total Liabilities: $2,375
- Net Assets: $63,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Community Events
Revenue
$55,901
Community Guide
Revenue
$0
Coop Advertising
Revenue
$0
Organization Details
Founding Year
1959
Principal Officer
Dave Marcolla
NTEE Category
Code: S41 - Community improvement
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