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Downtown Wytheville Incorporat

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

EIN: 464878598 ✦ Wytheville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Wytheville Incorporat?

Downtown Wytheville Incorporat is a nonprofit organization located at 180 WEST MAIN STREET SUITE 4, Wytheville, VA 24382. Their primary mission is to stimulate downtown revitalization and economic growth in Wytheville, Virginia, achieving this objective through organization, promotion, and design. With a small team of one dedicated individual, they aim to contribute positively to the local community's economic development.

Is Downtown Wytheville Incorporat legitimate?

Downtown Wytheville Incorporat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Wytheville Incorporat 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: $75,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Downtown Wytheville Incorporat?

The mission of Downtown Wytheville Incorporat is to stimulate revitalization and economic growth in a particular area, specifically in Wytheville, Virginia. They achieve this goal through various means, including organization, promotion, and design. This organization works towards revitalizing the downtown area, aiming to foster a thriving economic environment. Their activities aim to breathe new life into the area, potentially attracting businesses and residents, thereby contributing to the local economy.

Who is the CEO of Downtown Wytheville Incorporat?

Todd Wolford is the President of Downtown Wytheville Incorporat.

What is the revenue of Downtown Wytheville Incorporat?

Downtown Wytheville Incorporat's revenue in 2022 was $229,394.

Who are the executives of Downtown Wytheville Incorporat and what are their salaries?

The average compensation at Downtown Wytheville Incorporat during 2022 was $75,814. There is 1 employee at Downtown Wytheville Incorporat.


Here are 9 key members and their salaries:


Josh Penningto (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Terry (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Kern (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meagan Bokovoy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lennon Counts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Austi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Gillman (Town Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Downtown Wytheville Incorporat?

Downtown Wytheville Incorporat's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Downtown Wytheville Incorporat

Downtown Wytheville Incorporat, a nonprofit organization, is dedicated to stimulating downtown revitalization and fostering economic growth in Wytheville, Virginia. Through strategic organization, promotion, and design, this entity aims to revitalize the downtown area and enhance its economic potential. By taking on this mission, Downtown Wytheville Incorporat works towards creating a vibrant and thriving community, ultimately benefiting the local residents and businesses. In December 2022, Downtown Wytheville was recognized as one of ten outstanding downtown revitalization projects in the country, highlighting the organization's impact and success in fulfilling its mission.

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Impact




October, 2024

Downtown Wytheville Incorporat plays a vital role in revitalizing the downtown area and fostering economic growth in Wytheville, Virginia. By focusing on organization, promotion, and design, the initiative is instrumental in enhancing the community's vibrancy and attractiveness. Its efforts are aimed at creating a thriving downtown environment that not only supports local businesses but also encourages cultural and social engagement among residents and visitors.

In late December 2022, Downtown Wytheville was recognized as one of the top ten cities for its commitment to revitalization, highlighting the effectiveness of its strategic initiatives. This recognition serves to bolster the community's pride and stimulates further investment and interest in the area. Overall, the impact of Downtown Wytheville Incorporat is evident in its contributions to community improvement, economic development, and the establishment of a lively, appealing downtown that benefits all stakeholders.




This information is meant to be a general summary of Downtown Wytheville Incorporat. 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
$229,394 (2022)
Expenses
$180,092 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $54
  • Program Service Revenue: $10,707
  • Gross Receipts: $229,394

Assets and Liabilities:

  • Total Assets: $212,552
  • Total Liabilities: $16,748
  • Net Assets: $195,804

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPECIAL EVENTS

Revenue

$3,884

PERMITS-BANNERS

Revenue

$400

CONTRACT SERVICES

Revenue

$4,947

MERCHANDISE SALES

Revenue

$1,476

Organization Details

Principal Officer

Todd Wolford

Main Address

180 WEST MAIN STREET SUITE 4, WYTHEVILLE, VA, 24382

NTEE Category

Code: S30 - Community improvement

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