Overview
What is Downtown Middletown Inc?
Downtown Middletown Inc is a nonprofit organization situated in Middletown, Ohio. Its primary objective is to boost business activities within the downtown area, serving charitable and educational purposes. The organization actively works towards attracting more commerce and fostering economic growth in the city, contributing to its overall prosperity.
Is Downtown Middletown Inc legitimate?
Downtown Middletown Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Middletown 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Downtown Middletown Inc?
Downtown Middletown Inc, as an exclusive organization, is dedicated to promoting business growth in its area. Its mission is primarily charitable and educational, focusing on attracting more commerce and fostering economic development. The organization actively works towards this goal, aiming to enhance the economic well-being of the community. By doing so, Downtown Middletown Inc contributes to the overall vitality and prosperity of the business sector within its jurisdiction.
What is the revenue of Downtown Middletown Inc?
Downtown Middletown Inc's revenue in 2023 was $258,111.
Who are the executives of Downtown Middletown Inc and what are their salaries?
The average compensation at Downtown Middletown Inc during 2023 was $50,000. There is 1 employee at Downtown Middletown Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Downtown Middletown Inc?
Downtown Middletown Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Downtown Middletown Inc
Downtown Middletown Inc, an exclusive organization, is dedicated to charitable and educational pursuits with the primary goal of promoting business growth in its vicinity. This nonprofit actively works towards attracting more commerce to the area, aiming to foster economic development in Middletown, Ohio. Its mission is to serve as a catalyst for business prosperity, contributing to the overall well-being of the community.
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Impact
October, 2024
Downtown Middletown Inc significantly influences the local economy by promoting business activities in the downtown area of Middletown, OH. Its dedicated efforts to attract commerce have fostered an environment conducive to economic growth. By focusing on both charitable and educational initiatives, the organization enhances community engagement and supports local entrepreneurs. This results in a vibrant downtown that not only attracts shoppers and visitors but also strengthens the local business ecosystem. The overall impact contributes to the revitalization of the area, making it a more appealing place to live, work, and visit.
This information is meant to be a general summary of Downtown Middletown 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,027
- Program Service Revenue: $122,569
- Gross Receipts: $271,759
Assets and Liabilities:
- Total Assets: $215,311
- Total Liabilities: $77,514
- Net Assets: $137,797
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$106,211
VENDOR FEES
Revenue
$14,100
DORA EVENT FEES
Revenue
$575
FISCAL AGENCY FEE
Revenue
$1,683
Organization Details
Founding Year
2011
Principal Officer
Mike Dranschak
NTEE Category
Code: S20 - Community improvement
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