Downtown Bloomington Inc

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

EIN: 351627278 ✦ Bloomington, IN ✦ Designated as a 501(c)(6)

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Overview

What is Downtown Bloomington Inc?

Downtown Bloomington Inc is a nonprofit organization based in Bloomington, Indiana, specifically at 302 South College Avenue. Their primary purpose is to educate both members and the public about the benefits of a thriving downtown area. They achieve this through various means, such as maintaining a website, an e-newsletter, and a membership directory. In addition, they coordinate and sponsor downtown events, including advertising, promoting, and organizing volunteer opportunities. Their mission is to strengthen and support Downtown Bloomington as a cultural and artistic hub, with the Monroe Convention Center serving as a central venue for meetings and events. They aim to facilitate public-private partnerships and provide unified leadership to achieve these goals.


Official website here: www.downtownbloomington.com

Is Downtown Bloomington Inc legitimate?

Downtown Bloomington Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Bloomington 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


Official website here: www.downtownbloomington.com

What is the mission statement of Downtown Bloomington Inc?

Downtown Bloomington Inc strives to enlighten the public about the advantages of a thriving downtown area. The organization aims to foster collaborative partnerships between the public and private sectors, as well as to offer unified leadership, with the ultimate goal of enhancing and bolstering downtown as a cultural and artistic hub. The mission of Downtown Bloomington Inc also involves promoting the Monroe Convention Center located in downtown as an ideal venue for meetings and events. The organization utilizes its website, e-newsletter, and membership directory to educate its members and the public about downtown developments. Additionally, Downtown Bloomington Inc organizes and sponsors various events in the downtown area, including advertising, promotion, and volunteer coordination.


Official website here: www.downtownbloomington.com

Who is the CEO of Downtown Bloomington Inc?

Joan Snapp is the President of Downtown Bloomington Inc.


Official website here: www.downtownbloomington.com

What is the revenue of Downtown Bloomington Inc?

Downtown Bloomington Inc's revenue in 2022 was $385,571.


Official website here: www.downtownbloomington.com

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

There 14 volunteers at Downtown Bloomington Inc.


Here are 6 key members and their salaries:


Dave Kubiak (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Catherine Carmichael (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Kinnarney (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Stanhouse (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Higgins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hays (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownbloomington.com

Where can I find the form 990 for Downtown Bloomington Inc?

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


Official website here: www.downtownbloomington.com

Learn more at the official website: www.downtownbloomington.com

Mission Statement of Downtown Bloomington Inc

Downtown Bloomington Inc, a nonprofit organization, strives to enlighten the public about the significance of a vibrant downtown area. Its mission is multifaceted, aiming to foster collaborative efforts between public and private sectors, and providing unified leadership to strengthen and bolster the downtown district. This downtown area is envisioned as a hub for cultural and artistic experiences, serving as a central venue for meetings and events. Furthermore, the organization promotes the Monroe Convention Center located within the downtown area, facilitating its use for various events and functions. Downtown Bloomington Inc achieves its objectives through various means, such as maintaining a website, distributing an e-newsletter, and maintaining a membership directory. These tools are utilized to educate members and the general public. Additionally, the organization coordinates and sponsors downtown events, including advertising, promotion, and volunteer management, to enhance the overall appeal and vitality of the downtown district.

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Impact




October, 2024

Downtown Bloomington Inc plays a vital role in enhancing the vibrancy and economic vitality of Downtown Bloomington. By educating the public on the benefits of a thriving downtown, it fosters a deeper appreciation for local cultural and artistic experiences. The organization facilitates partnerships between public and private entities, ensuring cohesive efforts to strengthen and support the area's growth.

Through its various initiatives, including a dedicated website, e-newsletter, and membership directory, it effectively disseminates information and engages community members. The coordination and sponsorship of downtown events not only boost local visibility and engagement but also promote unity and community spirit.

Additionally, Downtown Bloomington Inc actively champions the Monroe Convention Center, positioning it as a premier venue for meetings and events, which further contributes to the downtown's economic ecosystem. Overall, its unified leadership and commitment to community improvement significantly enhance the quality of life and cultural experiences in Bloomington.




This information is meant to be a general summary of Downtown Bloomington 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
$385,571 (2022)
Expenses
$407,608 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $352,021
  • Gross Receipts: $385,571

Assets and Liabilities:

  • Total Assets: $421,258
  • Total Liabilities: $55,530
  • Net Assets: $365,728

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICES

Revenue

$352,021

Organization Details

Founding Year

1984

Principal Officer

Joan Snapp

Main Address

302 SOUTH COLLEGE AVENUE, BLOOMINGTON, IN, 47403

NTEE Category

Code: S31 - Community improvement

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