Galesburg Downtown Council

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

EIN: 371005211 ✦ Galesburg, IL ✦ Designated as a 501(c)(6)

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Overview

What is Galesburg Downtown Council?

Galesburg Downtown Council is a nonprofit organization situated in Galesburg, Illinois, specifically at 150 W MAIN ST. Their primary mission is to foster the economic growth and enhance the aesthetic appeal of the downtown area. They achieve this by providing financial aid in the form of facade grants and startup grants to new businesses, aiming to promote and stimulate development and redevelopment in the area. Additionally, they manage common property within a designated Special Service Area. With a team of two dedicated individuals, the council works tirelessly to preserve and enrich the economic vitality and visual charm of downtown Galesburg.


Official website here: www.galesbrugdowntowncouncil.org

Is Galesburg Downtown Council legitimate?

Galesburg Downtown Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Galesburg Downtown Council 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: $54,128

For more financial information, click here


Official website here: www.galesbrugdowntowncouncil.org

What is the mission statement of Galesburg Downtown Council?

The Galesburg Downtown Council's mission is centered around preserving and enhancing the economic viability and aesthetic appeal of its downtown area. To achieve this, the council actively promotes downtown development, redevelopment, and business startups. This is done by offering facade grants and startup grants to new businesses within the designated special service area. Furthermore, the council is responsible for maintaining common property within this area, contributing to the overall improvement and attractiveness of the downtown sector.


Official website here: www.galesbrugdowntowncouncil.org

Who is the CEO of Galesburg Downtown Council?

Mike Holloway is the President of Galesburg Downtown Council.


Official website here: www.galesbrugdowntowncouncil.org

What is the revenue of Galesburg Downtown Council?

Galesburg Downtown Council's revenue in 2022 was $157,052.


Official website here: www.galesbrugdowntowncouncil.org

Who are the executives of Galesburg Downtown Council and what are their salaries?

The average compensation at Galesburg Downtown Council during 2022 was $27,064. There are 2 employees at Galesburg Downtown Council.


Here are 13 key members and their salaries:


Kate Bullis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Plunk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seamus Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Cramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Dickinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Markwart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Ketchum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Gerstenberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bondi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Bullis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Peterson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas L Irons (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Holloway (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.galesbrugdowntowncouncil.org

Where can I find the form 990 for Galesburg Downtown Council?

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


Official website here: www.galesbrugdowntowncouncil.org

Learn more at the official website: www.galesbrugdowntowncouncil.org

Mission Statement of Galesburg Downtown Council

The Galesburg Downtown Council is an organization dedicated to preserving and enhancing the economic viability and aesthetic quality of its downtown area. In pursuit of this mission, the council actively promotes downtown development, redevelopment, and business startup. To facilitate these goals, they offer facade grants and startup grants to new businesses, thereby contributing to the revitalization of the downtown sector. Furthermore, the council takes responsibility for maintaining common property within the Special Service Area, ensuring that the area remains well-maintained and visually appealing. By carrying out these activities, the Galesburg Downtown Council plays a pivotal role in revitalizing and enhancing the economic and aesthetic appeal of its downtown area.

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Impact




October, 2024

The Galesburg Downtown Council plays a crucial role in revitalizing and enhancing the economic landscape of downtown Galesburg. By offering facade grants and startup grants, it actively encourages business development and redevelopment initiatives. This support not only aids new businesses in establishing themselves but also helps maintain the aesthetic quality and economic viability of the area.

Through these efforts, the Council fosters a vibrant atmosphere that attracts visitors and residents alike, promoting community improvement and engagement. By maintaining common properties within the special service area, the Council ensures that the downtown environment remains welcoming and appealing. Overall, its initiatives significantly contribute to the growth and sustainability of the downtown district, making it a key player in Galesburg’s economic development.




This information is meant to be a general summary of Galesburg Downtown Council. 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
$157,052 (2022)
Expenses
$195,364 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $48
  • Gross Receipts: $157,052

Assets and Liabilities:

  • Total Assets: $209,956
  • Total Liabilities: $0
  • Net Assets: $209,956

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Organization Details

Founding Year

1973

Principal Officer

Mike Holloway

Main Address

150 W MAIN ST, GALESBURG, IL, 61401

NTEE Category

Code: S31 - Community improvement

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