Market Building Foundation Inc C/O Hall Associates Inc

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

EIN: 272763795 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

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Overview

What is Market Building Foundation Inc C/O Hall Associates Inc?

Market Building Foundation Inc, operating under the management of Hall Associates Inc, is a nonprofit organization based in Roanoke, Virginia. With a modest workforce of three individuals, their primary mission is to preserve the historical and architectural character of the community. They achieve this by rehabilitating, maintaining, and managing the Roanoke City Market Building, a significant property with a rich history. This iconic building plays a crucial role in the economic development and stability of the downtown market area in Roanoke, Virginia. Beyond preservation, the foundation also rents out retail, restaurant, event, and meeting spaces within the building, contributing to the local economy and community engagement.

Is Market Building Foundation Inc C/O Hall Associates Inc legitimate?

Market Building Foundation Inc C/O Hall Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Market Building Foundation Inc C/O Hall Associates 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: $88,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,083

For more financial information, click here

What is the mission statement of Market Building Foundation Inc C/O Hall Associates Inc?

The Market Building Foundation Inc, managed by Hall Associates Inc, has a mission to preserve the historical and architectural character of a community. They accomplish this by rehabilitating, maintaining, and managing a significant property, the Roanoke City Market Building. This building is crucial for the economic development and stability of the historic downtown market area. The organization's activities primarily involve renting out retail, restaurant, event, and meeting spaces within the building, contributing to the community's cultural and economic growth.

Who is the CEO of Market Building Foundation Inc C/O Hall Associates Inc?

Elliot Broyles is the Executive Di of Market Building Foundation Inc C/O Hall Associates Inc.

What is the revenue of Market Building Foundation Inc C/O Hall Associates Inc?

Market Building Foundation Inc C/O Hall Associates Inc's revenue in 2022 was $300,583.

Who are the executives of Market Building Foundation Inc C/O Hall Associates Inc and what are their salaries?

The average compensation at Market Building Foundation Inc C/O Hall Associates Inc during 2022 was $45,299. There are 3 employees at Market Building Foundation Inc C/O Hall Associates Inc.


Here are 9 key members and their salaries:


Elliot Broyles (Executive Di)
  • Compensation: $88,813
  • Related: $0
  • Other: $0
Josephine Arbaugh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Lawrence Davidson (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Price Gutshall (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois James (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Mays (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Pearman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Robertson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Smiley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Market Building Foundation Inc C/O Hall Associates Inc?

Market Building Foundation Inc C/O Hall Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Market Building Foundation Inc C/O Hall Associates Inc

Market Building Foundation Inc C/O Hall Associates Inc is committed to preserving the historical and architectural character of its community. This is achieved through the rehabilitation, maintenance, and management of the Roanoke City Market Building, a property of significant historical and architectural value. This endeavor is crucial for the economic development and stability of the historic downtown market area in Roanoke, Virginia. The foundation rents out retail, restaurant, event, and meeting spaces within the building, contributing to the vitality and charm of the area. By preserving this iconic structure, Market Building Foundation Inc C/O Hall Associates Inc is ensuring the continuity of its community's rich history and culture.

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Impact




October, 2024

Market Building Foundation Inc C/O Hall Associates Inc plays a vital role in preserving and enhancing the historic and architectural character of Roanoke, Virginia. By focusing on the rehabilitation, management, and maintenance of the Roanoke City Market Building, it safeguards a key historical asset that is critical to the community's identity and economic development.

The foundation operates rental spaces for retail, dining, and events, which not only attracts visitors but also supports local businesses and fosters a thriving marketplace. This activity contributes to the vibrancy of the historic downtown area, making it a focal point for community engagement and economic stability. The commitment to maintaining this historically significant property reinforces the cultural heritage of Roanoke while promoting an inviting atmosphere for both residents and tourists.

Through its efforts, the Market Building Foundation strengthens the local economy and enhances community pride, ensuring that the architectural legacy of the area is preserved for future generations.




This information is meant to be a general summary of Market Building Foundation Inc C/O Hall Associates 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
$300,583 (2022)
Expenses
$504,226 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $436
  • Gross Receipts: $678,333

Assets and Liabilities:

  • Total Assets: $7,128,715
  • Total Liabilities: $58,896
  • Net Assets: $7,069,819

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Organization Details

Founding Year

2010

Principal Officer

Elliot Broyles

Main Address

112 KIRK AVE, ROANOKE, VA, 24011

NTEE Category

Code: S99 - Community improvement

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