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Mount Airy Downtown Inc

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

EIN: 463126619 ✦ Mount airy, NC ✦ Designated as a 501(c)(3)

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Overview

What is Mount Airy Downtown Inc?

Mount Airy Downtown Inc is a nonprofit organization with a primary focus on stimulating economic growth within the city's Municipal Service District. They have successfully revitalized nine buildings, leading to the creation of 13 full-time and 16 part-time jobs, as well as the establishment of a new business. Their efforts have also attracted over $3.9 million in private investment, contributing to the overall development and vitality of downtown Mount Airy.

Is Mount Airy Downtown Inc legitimate?

Mount Airy Downtown Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Airy Downtown 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.

What is the mission statement of Mount Airy Downtown Inc?

Mount Airy Downtown Inc focuses on stimulating economic development within its designated Municipal Service District. Their primary objective is to drive growth, as evidenced by their successful renovation of nine building facades, resulting in the creation of 13 full-time and 16 part-time jobs. Moreover, their efforts have led to the establishment of one new business, and over $3.9 million in new private investment has been poured into the area. In essence, Mount Airy Downtown Inc serves as a catalyst for economic transformation, fostering job creation and attracting investment to its designated district.

Who is the CEO of Mount Airy Downtown Inc?

Bryan Grote is the President of Mount Airy Downtown Inc.

What is the revenue of Mount Airy Downtown Inc?

Mount Airy Downtown Inc's revenue in 2023 was $117,950.

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


Here are 13 key members and their salaries:


Bryan Grote (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Coram Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Perkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Icenhour Roberts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andi Schnuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Kriska (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Bond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holli Nowlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Ashby (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizzie Morrison (Main Street Coordinator)
  • Compensation: $53,197
  • Related: $0
  • Other: $0
Gene Rees (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Thacker (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Farmer (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mount Airy Downtown Inc?

Mount Airy Downtown Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Mount Airy Downtown Inc

Mount Airy Downtown Inc serves as a catalyst for economic growth within its Municipal Service District. The organization's primary objective is to stimulate development, focusing on this area as its primary economic focus. Through its efforts, Mount Airy Downtown Inc has achieved significant milestones. It has successfully revitalized nine building facades, leading to the creation of 13 full-time and 16 part-time jobs. Moreover, the organization's initiatives have attracted new businesses, resulting in the establishment of one new business. The group's activities have also contributed to an impressive increase in private investment, totaling over $3.9 million. By driving development and fostering a conducive economic environment, Mount Airy Downtown Inc plays a vital role in the overall growth and vitality of its area.

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Impact




October, 2024

Mount Airy Downtown Inc has significantly impacted the local economy and community by stimulating development in the city's Municipal Service District. The organization has successfully revamped nine building facades, enhancing the aesthetic appeal and functionality of the downtown area. This initiative has resulted in the creation of 13 full-time and 16 part-time jobs, contributing to a vibrant local workforce.

Moreover, Mount Airy Downtown Inc has fostered new business growth, welcoming one new establishment to the area. The efforts have also catalyzed over $3.9 million in new private investments, showcasing a strong commitment to revitalizing the downtown landscape and attracting more economic activity.

Overall, these developments not only improve the visual and economic landscape of Mount Airy but also strengthen the sense of community, making downtown a more inviting and bustling hub for residents and visitors alike.




This information is meant to be a general summary of Mount Airy Downtown 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
$117,950 (2023)
Expenses
$83,998 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $124,222

Assets and Liabilities:

  • Total Assets: $74,183
  • Total Liabilities: $438
  • Net Assets: $73,745

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Organization Details

Principal Officer

Bryan Grote

Main Address

190 VIRGINIA ST, MOUNT AIRY, NC, 27030

NTEE Category

Code: S30 - Community improvement

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