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Downtown Bellefonte Inc

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

EIN: 474416450 ✦ Bellefonte, PA ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Bellefonte Inc?

Downtown Bellefonte Inc, located at 221 W High St, Bellefonte, PA 16823, is a small nonprofit organization with a mission to foster community and economic growth within the downtown area. With a team of two dedicated individuals, they strive to enhance the local community by actively promoting development initiatives in the downtown sector. Their primary focus is on facilitating a vibrant and thriving downtown Bellefonte, ultimately benefiting both residents and businesses alike.


Official website here: www.downtownbellefonteinc.com/

Is Downtown Bellefonte Inc legitimate?

Downtown Bellefonte Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Bellefonte Inc 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: $43,209
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,928

For more financial information, click here


Official website here: www.downtownbellefonteinc.com/

What is the mission statement of Downtown Bellefonte Inc?

Downtown Bellefonte Inc, as an organization, is committed to fostering both community and economic growth within the heart of the town. Their mission is centered around promoting development in this specific downtown area, aiming to enhance its overall appeal and vitality. This initiative encompasses various aspects, including attracting businesses, improving infrastructure, and fostering a sense of community among residents and visitors alike. By strengthening the economic and social fabric of the downtown area, Downtown Bellefonte Inc strives to contribute to a more vibrant and thriving community.


Official website here: www.downtownbellefonteinc.com/

Who is the CEO of Downtown Bellefonte Inc?

Michael Scott is the President of Downtown Bellefonte Inc.


Official website here: www.downtownbellefonteinc.com/

What is the revenue of Downtown Bellefonte Inc?

Downtown Bellefonte Inc's revenue in 2022 was $192,079.


Official website here: www.downtownbellefonteinc.com/

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

The average compensation at Downtown Bellefonte Inc during 2022 was $28,568. There are 2 employees and 50 volunteers at Downtown Bellefonte Inc.


Here are 12 key members and their salaries:


Ellen Matis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Scott (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Mcfadden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Peters (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Beard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Brawley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Stoddard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Debach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Lowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Spielvogel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandy Mcaulay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennilyn Schuster (Main Streeet Manager)
  • Compensation: $43,008
  • Related: $0
  • Other: $3,300


Official website here: www.downtownbellefonteinc.com/

Where can I find the form 990 for Downtown Bellefonte Inc?

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


Official website here: www.downtownbellefonteinc.com/

Learn more at the official website: www.downtownbellefonteinc.com/

Mission Statement of Downtown Bellefonte Inc

Downtown Bellefonte Inc, as a nonprofit organization, is committed to driving community and economic development in the downtown area. Their mission is twofold: promoting the growth of the community and fostering economic prosperity within the downtown district. By carrying out this mission, the organization aims to contribute positively to the overall well-being and vibrancy of the downtown area.

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Impact




October, 2024

Downtown Bellefonte Inc significantly enhances the community and economic landscape of downtown Bellefonte, PA. By focusing on initiatives that drive community engagement and local development, it fosters a vibrant atmosphere that attracts residents and visitors alike. Their efforts lead to the revitalization of local businesses, improved public spaces, and increased foot traffic, which contributes to the overall economic health of the area.

Through various programs and events, Downtown Bellefonte Inc creates opportunities for collaboration among community members, encouraging a sense of ownership and pride in the downtown area. This collective effort not only strengthens the local economy but also enriches the cultural fabric of the community, making downtown Bellefonte a more appealing and dynamic place to live, work, and visit.




This information is meant to be a general summary of Downtown Bellefonte 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
$192,079 (2022)
Expenses
$150,623 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,269
  • Program Service Revenue: $82,892
  • Gross Receipts: $250,407

Assets and Liabilities:

  • Total Assets: $156,156
  • Total Liabilities: $6,637
  • Net Assets: $149,519

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Programs

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

Program Service Revenue

Revenue

$82,892

Organization Details

Founding Year

2015

Principal Officer

Michael Scott

Main Address

221 W High St, Bellefonte, PA, 16823

NTEE Category

Code: S99 - Community improvement

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