Olde Towne Business Association

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

EIN: 540701483 ✦ Portsmouth, VA ✦ Designated as a 501(c)(6)

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Overview

What is Olde Towne Business Association?

The Olde Towne Business Association is a nonprofit organization dedicated to strengthening and preserving the Olde Towne Portsmouth business district. By fostering business growth, promotion, and retention, as well as serving as an advocate for the local business community in economic and civic matters, the association aims to uphold the district's integrity. Volunteering efforts extend to community blood drives, cleanups, and events, and the OTBA maintains an online platform, oldetowneportsmouth.com, to showcase local businesses and events.


Official website here: www.oldetowneportsmouth.com

Is Olde Towne Business Association legitimate?

Olde Towne Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Olde Towne Business Association 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.


Official website here: www.oldetowneportsmouth.com

What is the mission statement of Olde Towne Business Association?

The Olde Towne Business Association serves as a facilitator to strengthen and preserve the integrity of a business district, specifically by focusing on business promotion, retention, and communication. Acting as an advocate for the business community, the association engages in economic and civic issues. Additionally, the Olde Towne Business Association contributes to the community by providing volunteers for various events and cleanups, and maintains a website to promote local businesses and events.


Official website here: www.oldetowneportsmouth.com

Who is the CEO of Olde Towne Business Association?

Charles Brogan is the President of Olde Towne Business Association.


Official website here: www.oldetowneportsmouth.com

What is the revenue of Olde Towne Business Association?

Olde Towne Business Association's revenue in 2022 was $36,844.


Official website here: www.oldetowneportsmouth.com

Who are the executives of Olde Towne Business Association and what are their salaries?


Here are 9 key members and their salaries:


Charles Brogan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Sutter (First Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Ross (Second Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Mccann (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Grunnet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nettie Fischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Babcheck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lamar Linton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Greenhood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oldetowneportsmouth.com

Where can I find the form 990EZ for Olde Towne Business Association?

Olde Towne Business Association's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.oldetowneportsmouth.com

Learn more at the official website: www.oldetowneportsmouth.com

Mission Statement of Olde Towne Business Association

The Olde Towne Business Association serves as a catalyst to strengthen and safeguard the commercial district of Olde Towne in a proactive manner. Their mission encompasses fostering business growth, promoting the area, and retaining established businesses, all while advocating for the business community's interests in economic and civic matters. Furthermore, the association plays an active role in the community by providing volunteers for various initiatives such as blood drives, cleanups, and community events. The Olde Towne Business Association maintains an online presence through their website, oldetowneportsmouth.com, showcasing local businesses and events, thereby enhancing the visibility and reach of the businesses within the district.

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Impact




October, 2024

The Olde Towne Business Association plays a crucial role in enhancing and preserving the integrity of the Olde Towne Portsmouth business district. By facilitating business promotion and retention, they create a supportive environment for local enterprises, fostering economic growth and sustainability. The Association actively advocates for the business community, addressing economic and civic issues that affect local commerce.

In addition to its advocacy work, the Olde Towne Business Association mobilizes volunteers for community initiatives, including blood drives, cleanups, and various events, which strengthen community ties and improve the local environment. The association also maintains the oldetowneportsmouth.com website, a vital resource for promoting local businesses and events, thereby increasing visibility and engagement within the community. Through these efforts, the Olde Towne Business Association significantly contributes to the vitality and cohesion of Olde Towne Portsmouth.




This information is meant to be a general summary of Olde Towne Business Association. 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
$36,844 (2022)
Expenses
$32,692 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $19,389
  • Gross Receipts: $36,844

Assets and Liabilities:

  • Total Assets: $19,332
  • Total Liabilities: $0
  • Net Assets: $19,332

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Organization Details

Principal Officer

Charles Brogan

Main Address

PO Box 1400, Portsmouth, VA, 23705

NTEE Category

Code: S41 - Community improvement

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