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Downtown Belmont Development Assoc

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

EIN: 474333734 ✦ Belmont, NC ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Belmont Development Assoc?

Downtown Belmont Development Assoc is a nonprofit organization based in Belmont, North Carolina. Their mission is to enhance the economic, aesthetic, and cultural environment of Historic Downtown Belmont. They achieved this through the Moonlight on Main event, which transformed the area into a lunar-inspired outdoor art gallery. The event featured GOBO artwork projected onto buildings, a 23-foot moon by UK artist Luke Jerram, and a series of lunar-themed events, public art, theater, and concerts. This three-weekend event attracted over 21,000 visitors, contributing an estimated 1.5 million to the local economy.


Official website here: www.downtownbelmont.org

Is Downtown Belmont Development Assoc legitimate?

Downtown Belmont Development Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Belmont Development Assoc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.downtownbelmont.org

What is the mission statement of Downtown Belmont Development Assoc?

The Downtown Belmont Development Associations' mission is centered around enhancing the economic, aesthetic, and cultural environment of a specific area. In simpler terms, their goal is to uplift and revitalize a particular district by promoting economic growth, improving its aesthetic appeal, and fostering a rich cultural scene. A notable event that showcases their mission in action is the Moonlight on Main event, which transformed the district into a lunar-inspired outdoor art gallery, attracting thousands of visitors and generating significant economic impact.


Official website here: www.downtownbelmont.org

Who is the CEO of Downtown Belmont Development Assoc?

Jennifer Church is the Chair of Downtown Belmont Development Assoc.


Official website here: www.downtownbelmont.org

What is the revenue of Downtown Belmont Development Assoc?

Downtown Belmont Development Assoc's revenue in 2022 was $257,249.


Official website here: www.downtownbelmont.org

Who are the executives of Downtown Belmont Development Assoc and what are their salaries?

There 144 volunteers at Downtown Belmont Development Assoc.


Here are 12 key members and their salaries:


Phil Boggan (Downtown Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Bossard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Church (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hefferan (Appt. Counci)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Krouse (Asst. City M)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emilie Rudisill (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Seelinger (Appt. Counci)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Sherrin (Organization)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Simcox (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Street (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Wall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownbelmont.org

Where can I find the form 990 for Downtown Belmont Development Assoc?

Downtown Belmont Development Assoc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.downtownbelmont.org

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

Mission Statement of Downtown Belmont Development Assoc

Downtown Belmont Development Assoc is committed to enhancing the economic, aesthetic, and cultural environment of Historic Downtown Belmont, NC. The organization's mission is to transform the area, making it a vibrant and appealing destination for residents and visitors alike. One of their notable initiatives was the Moonlight on Main event, which transformed Downtown Belmont into a lunar-inspired outdoor art gallery. This three-weekend event featured Gobo artwork projected onto buildings, a 23-foot moon sculpture by UK artist Luke Jerram, and various lunar-themed events, public art, theater, and concerts. This event attracted over 21,000 visitors, contributing an estimated economic impact of 1.5 million dollars to the area.

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Impact




October, 2024

The Downtown Belmont Development Association significantly enhances the economic, aesthetic, and cultural environment of historic Downtown Belmont, NC. One of its notable initiatives, the "Moonlight on Main" event, transformed the area into a captivating lunar-inspired outdoor art gallery. This three-weekend event featured breathtaking projections on buildings, a stunning 23-foot moon installation by UK artist Luke Jerram, and a series of engaging lunar-themed events including public art displays, theater performances, and concerts.

This initiative attracted over 21,000 visitors to Downtown Belmont, generating an impressive economic impact of approximately $1.5 million. Such events not only drive tourism and economic growth but also foster a vibrant community spirit, enhance local businesses, and create lasting cultural experiences that contribute to the overall appeal of the historic district.




This information is meant to be a general summary of Downtown Belmont Development Assoc. 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
$257,249 (2022)
Expenses
$222,676 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $111,558
  • Gross Receipts: $257,249

Assets and Liabilities:

  • Total Assets: $53,665
  • Total Liabilities: $3,768
  • Net Assets: $49,897

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Programs

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

EVENT FEES

Revenue

$111,558

Organization Details

Founding Year

2015

Principal Officer

Jennifer Church

Main Address

PO BOX 431, BELMONT, NC, 28012

NTEE Category

Code: A99 - Arts

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