Downtown Oconomowoc Business District Inc

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

EIN: 462407807 ✦ Oconomowoc, WI ✦ Designated as a 501(c)(6)

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Overview

What is Downtown Oconomowoc Business District Inc?

The Downtown Oconomowoc Business District Inc is a nonprofit organization situated in Oconomowoc, Wisconsin. Their primary objective is to boost and advocate for local businesses by organizing community events. They achieve this by implementing various programs, such as sponsoring beer gardens, which attract more visitors and promote the businesses within the district. Furthermore, they host festive events, including a Christmas festival and miscellaneous occasions, to highlight and showcase their merchants. By doing so, the Downtown Oconomowoc Business District Inc aims to enhance the visibility and success of the local businesses under its purview.


Official website here: www.downtownoconomowoc.org

Is Downtown Oconomowoc Business District Inc legitimate?

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


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.downtownoconomowoc.org

What is the mission statement of Downtown Oconomowoc Business District Inc?

The Downtown Oconomowoc Business District Inc aims to boost local businesses by organizing community events. One of their strategies includes sponsoring events such as beer gardens to attract more visitors and promote businesses. They also host annual events like a Christmas festival to highlight their merchants. The organization's main objective is to support the local business community. By doing so, they aim to enhance the overall vibrancy and appeal of the district. Various programs and activities are planned to attract more foot traffic and increase the visibility of the businesses within the district.


Official website here: www.downtownoconomowoc.org

What is the revenue of Downtown Oconomowoc Business District Inc?

Downtown Oconomowoc Business District Inc's revenue in 2023 was $196,139.


Official website here: www.downtownoconomowoc.org

Who are the executives of Downtown Oconomowoc Business District Inc and what are their salaries?

There is 1 key member and their salary:


Sara Ninmann (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownoconomowoc.org

Where can I find the form 990EZ for Downtown Oconomowoc Business District Inc?

Downtown Oconomowoc Business District Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.downtownoconomowoc.org

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

Mission Statement of Downtown Oconomowoc Business District Inc

The Downtown Oconomowoc Business District Inc is committed to bolstering local businesses in the area by organizing community events. Their primary mission is to increase foot traffic to these businesses and enhance their visibility. To achieve this, the organization hosts various programs, such as sponsoring beer gardens, which attract a larger audience and generate interest in the merchants located within the district. Furthermore, Downtown Oconomowoc Business District Inc hosts annual events, such as a Christmas festival and other miscellaneous gatherings, to showcase its merchants and further engage the community. These initiatives serve to promote a vibrant and thriving business district, thereby contributing to the overall well-being of the local economy.

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Impact




October, 2024

Downtown Oconomowoc Business District Inc significantly enhances the local economy and community engagement by promoting and supporting local businesses. Through the organization of various community events, such as beer gardens and a Christmas festival, it attracts increased foot traffic to downtown Oconomowoc. These events not only draw residents and visitors to the area but also provide a platform for local merchants to showcase their offerings, fostering a sense of community and boosting sales.

By sponsoring events that encourage community participation, the organization helps create a vibrant atmosphere that enhances the local identity and pride of Oconomowoc. This initiative not only supports the economic vitality of individual businesses but also contributes to the overall attractiveness of the downtown area, making it a destination for both locals and visitors. Ultimately, the impact of Downtown Oconomowoc Business District Inc extends beyond just business support; it cultivates connections among residents and enhances the quality of life in the community.




This information is meant to be a general summary of Downtown Oconomowoc Business District 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
$196,139 (2023)
Expenses
$238,244 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $194,839
  • Gross Receipts: $196,139

Assets and Liabilities:

  • Total Assets: $220,795
  • Total Liabilities: $1,899
  • Net Assets: $218,896

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Organization Details

Principal Officer

Sara Ninmann

NTEE Category

Code: S41 - Community improvement

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