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Farmington Betterment Association

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

EIN: 371361967 ✦ Farmington, IL ✦ Designated as a 501(c)(3)

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Overview

What is Farmington Betterment Association?

The Farmington Betterment Association is a nonprofit organization dedicated to revitalizing a historic Downtown district. Their primary mission involves the restoration and maintenance of two previously neglected and dilapidated historic buildings, ensuring their preservation and upkeep. This endeavor contributes to the overall enhancement and beautification of the neighborhood community.

Is Farmington Betterment Association legitimate?

Farmington Betterment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmington Betterment 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 Farmington Betterment Association?

The Farmington Betterment Association is committed to the mission of fostering neighborhood and community development, with a particular focus on enhancing a Downtown Historic District. Their key objective is the renovation and maintenance of historic buildings that had previously fallen into disrepair. By restoring these structures, the association contributes to the overall beautification of the area, preserving its historical significance and promoting a sense of community pride.

Who is the CEO of Farmington Betterment Association?

David Giagnoni is the President of Farmington Betterment Association.

What is the revenue of Farmington Betterment Association?

Farmington Betterment Association's revenue in 2023 was $14,200.

Who are the executives of Farmington Betterment Association and what are their salaries?


Here are 5 key members and their salaries:


David Giagnoni (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Toohill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel C Kiesewetter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph L Higgs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Rolando (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Farmington Betterment Association?

Farmington Betterment Association's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Farmington Betterment Association

The Farmington Betterment Association, as a non-profit organization, is dedicated to the mission of revitalizing and improving a Downtown Historic District. Their primary focus is on the renovation and maintenance of two historic buildings that had been left abandoned and in a state of disrepair. By taking on this project, the Farmington Betterment Association has not only contributed to the aesthetic appeal of the district but also played a significant role in preserving its historical value. This organization's efforts in restoring these buildings have brought new life to the area, thereby promoting a sense of community and pride among the residents.

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Impact




August, 2024

Farmington Betterment Association has made a significant impact on the community by spearheading neighborhood and community development initiatives focused on beautifying the Downtown Historic District. Through their efforts, two historic buildings that were once abandoned and in disrepair have been renovated and are now well-maintained, contributing to the preservation of the city's heritage and historical significance. By revitalizing these buildings, Farmington Betterment Association has not only improved the physical appearance of the area but also fostered a sense of pride and connectivity among residents. Their work aligns with their mission of enhancing the overall quality of life in the community and is a testament to their commitment to community improvement.




This information is meant to be a general summary of Farmington Betterment 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.

Revenue
$14,200 (2023)
Expenses
$12,122 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $14,200

Assets and Liabilities:

  • Total Assets: $133,623
  • Total Liabilities: $136,874
  • Net Assets: -$3,251

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Organization Details

Principal Officer

David Giagnoni

Main Address

PO Box 320, Farmington, IL, 61531

NTEE Category

Code: S31 - Community improvement

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