Overview
What is Downtown Development Corporation Of Peoria?
The Downtown Development Corporation of Peoria is a nonprofit organization situated in Peoria, Illinois. Their primary mission is to foster the community and economic rejuvenation of the downtown area by implementing initiatives that boost the economic development of the region. Their activities are centered around enhancing the economic vitality of Downtown Peoria, thereby contributing to its overall growth and well-being.
Official website here: www.peoriadowntowndevelopment.com
Is Downtown Development Corporation Of Peoria legitimate?
Downtown Development Corporation Of Peoria is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Development Corporation Of Peoria 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: $194,941
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.peoriadowntowndevelopment.com
What is the mission statement of Downtown Development Corporation Of Peoria?
The Downtown Development Corporation of Peoria, in its mission, works towards fostering the community and economic growth of a particular area. Specifically, they focus on revitalizing the downtown sector in Peoria, Illinois, utilizing various programs to promote economic development. Their primary goal is to advance the economic well-being of this area, contributing to its overall improvement and development.
Official website here: www.peoriadowntowndevelopment.com
Who is the CEO of Downtown Development Corporation Of Peoria?
Michael Freilinger is the Principal Officer of Downtown Development Corporation Of Peoria.
Official website here: www.peoriadowntowndevelopment.com
What is the revenue of Downtown Development Corporation Of Peoria?
Downtown Development Corporation Of Peoria's revenue in 2022 was $284,548.
Official website here: www.peoriadowntowndevelopment.com
Who are the executives of Downtown Development Corporation Of Peoria and what are their salaries?
The average compensation at Downtown Development Corporation Of Peoria during 2022 was $194,941. There is 1 employee at Downtown Development Corporation Of Peoria.
Here are 13 key members and their salaries:
- Compensation: $178,670
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Official website here: www.peoriadowntowndevelopment.com
Where can I find the form 990 for Downtown Development Corporation Of Peoria?
Downtown Development Corporation Of Peoria's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.peoriadowntowndevelopment.com
Learn more at the official website: www.peoriadowntowndevelopment.com
Mission Statement of Downtown Development Corporation Of Peoria
The Downtown Development Corporation of Peoria, in its mission, strives to foster the community and economic growth of the Downtown area in Peoria, Illinois. Through its various initiatives, this organization aims to enhance the economic development of the community, contributing significantly to its revitalization. The Downtown Development Corporation of Peoria works tirelessly to promote the betterment of the Downtown area, ultimately aiming to boost its overall economic standing.
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Impact
October, 2024
The Downtown Development Corporation of Peoria plays a crucial role in the revitalization and economic advancement of Downtown Peoria, Illinois. By implementing various programs and initiatives, it fosters community engagement and attracts investment, contributing to the overall growth and improvement of the area. Its efforts help enhance the local economy, creating a vibrant environment for residents, businesses, and visitors alike. The organization's focus on community improvement leads to increased economic activity, supports local businesses, and promotes sustainable development, making Downtown Peoria a more desirable place to live, work, and visit.
This information is meant to be a general summary of Downtown Development Corporation Of Peoria. 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 2022.
- Investment Income: $7,900
- Program Service Revenue: $25,398
- Gross Receipts: $426,998
Assets and Liabilities:
- Total Assets: $1,118,792
- Total Liabilities: $20,830
- Net Assets: $1,097,962
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$25,398
Organization Details
Founding Year
2014
Phone
(309) 673-7879Principal Officer
Michael Freilinger
Main Address
403 NE JEFFERSON AVE, PEORIA, IL, 616033725
NTEE Category
Code: S31 - Community improvement
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