Overview
What is Downtown Marion Inc?
Downtown Marion Inc is a nonprofit organization situated in Marion, Ohio. Their primary mission is to stimulate economic growth within the downtown area of the city. They achieve this by obtaining, managing, and distributing funds for projects and activities that contribute to the economic development of downtown Marion. Over the years, they have successfully stimulated economic growth in the downtown sector of Marion, Ohio, by strategically investing in relevant activities.
Is Downtown Marion Inc legitimate?
Downtown Marion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Marion 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.
What is the mission statement of Downtown Marion Inc?
Downtown Marion Inc's mission is centered around stimulating economic growth in a specific area. The organization receives, manages, and distributes funds connected to activities that promote Downtown economic development. They have successfully initiated and supported various projects that have contributed to the economic development of the designated area.
Who is the CEO of Downtown Marion Inc?
Matthew Carbary is the President of Downtown Marion Inc.
What is the revenue of Downtown Marion Inc?
Downtown Marion Inc's revenue in 2022 was $174,512.
Who are the executives of Downtown Marion Inc and what are their salaries?
Here are 25 key members and their salaries:
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Where can I find the form 990EZ for Downtown Marion Inc?
Downtown Marion Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Downtown Marion Inc
Downtown Marion Inc, a nonprofit organization, is dedicated to stimulating economic growth in the downtown area of Marion, Ohio. Their primary objective is to receive, manage, and distribute funds associated with activities that contribute to the economic development of the downtown sector. Through their efforts, Downtown Marion Inc has successfully fostered economic growth in the area. The organization plays a pivotal role in connecting funds with initiatives aimed at enhancing the economic vitality of downtown Marion.
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Impact
October, 2024
Downtown Marion Inc has significantly stimulated economic development in Marion, Ohio, leading to a revitalization of the downtown area. By receiving, administering, and distributing funds for various activities, the organization has played a crucial role in enhancing local business opportunities and fostering community improvement. Their efforts have not only revitalized commercial spaces but also strengthened the overall vibrancy of the downtown community, making it a more attractive destination for both residents and visitors. Through a focused mission to enhance the economic landscape of Marion, the organization has successfully contributed to creating a thriving and engaged urban environment.
This information is meant to be a general summary of Downtown Marion 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 2022.
- Investment Income: $3
- Program Service Revenue: $1,825
- Gross Receipts: $174,512
Assets and Liabilities:
- Total Assets: $57,811
- Total Liabilities: $101
- Net Assets: $57,710
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Organization Details
Principal Officer
Matthew Carbary
Main Address
205 W CENTER ST, MARION, OH, 43302
NTEE Category
Code: S30 - Community improvement
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