Overview
What is The Bandera Business Association?
The Bandera Business Association is a nonprofit organization that organizes an annual fundraising event known as Riverfest. This event, which attracts around 3,000 people, serves as a platform to boost both business and tourism in the area. The primary objective of this association is to utilize the funds raised from Riverfest to contribute positively to the local community and economy.
Is The Bandera Business Association legitimate?
The Bandera Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Bandera Business Association 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 The Bandera Business Association?
The Bandera Business Association's primary mission is to promote business growth and tourism in an unspecified locale. They achieve this through organizing a yearly fundraiser event called Riverfest, which attracts around 3,000 people. This event serves as a platform to boost local businesses and stimulate tourism interest.
Who is the CEO of The Bandera Business Association?
Cindy Beckham is the President of The Bandera Business Association.
What is the revenue of The Bandera Business Association?
The Bandera Business Association's revenue in 2020 was -$11,024.
Who are the executives of The Bandera Business Association and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for The Bandera Business Association?
The Bandera Business Association's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of The Bandera Business Association
The Bandera Business Association, as outlined in its mission statement, is an organization primarily focused on two key objectives. Firstly, it aims to stage an annual event called Riverfest, which serves as a significant fundraiser. This event attracts a substantial crowd of around 3,000 individuals, demonstrating its popularity and impact. The primary purpose of Riverfest is to raise funds.
Secondly, the Bandera Business Association is dedicated to promoting business and tourism. This objective is not limited to the Riverfest event but is an ongoing commitment of the association. By organizing Riverfest, the association not only generates funds but also showcases the area's potential as a tourist destination, thereby contributing to the local business community. The association's mission, therefore, is to leverage events like Riverfest to enhance business growth and attract more tourists, ultimately benefiting the local economy.
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Impact
October, 2024
The Bandera Business Association significantly enhances the local community by organizing events like Riverfest, which draws approximately 3,000 attendees. This annual one-day fundraiser not only fosters a sense of community but also stimulates economic growth by promoting local businesses and tourism in Bandera, Texas. By creating opportunities for networking and collaboration among local entrepreneurs, the association aids in community improvement and resilience, ultimately enriching the local economy and enhancing the quality of life for residents and visitors alike.
This information is meant to be a general summary of The Bandera 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 2020.
- Investment Income: $9
- Gross Receipts: $15,523
Assets and Liabilities:
- Total Assets: $56,346
- Total Liabilities: $0
- Net Assets: $56,346
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Organization Details
Phone
(830) 796-3616Principal Officer
Cindy Beckham
Main Address
PO BOX 1764, BANDERA, TX, 78003
NTEE Category
Code: S41 - Community improvement
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