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Louisa Downtown Development Corpora

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

EIN: 542148881 ✦ Louisa, VA ✦ Designated as a 501(c)(3)

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Overview

What is Louisa Downtown Development Corpora?

Louisa Downtown Development Corpora is a nonprofit organization located in Louisa, Virginia. With a small team of 10 employees, their primary mission is to preserve historic properties within the community. Beyond preservation, they also aim to foster appreciation for the arts and culture by managing a historic building that serves as a community arts center. The center hosts a variety of programs, including art, music, education, and other cultural events, catering to the local community's needs and interests. The organization's purpose is to enrich the community's cultural landscape while preserving its historical heritage.

Is Louisa Downtown Development Corpora legitimate?

Louisa Downtown Development Corpora is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisa Downtown Development Corpora 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: $178,862

For more financial information, click here

What is the mission statement of Louisa Downtown Development Corpora?

The Louisa Downtown Development Corpora is committed to preserving historic properties and fostering a deep appreciation for the arts and culture within the community. By managing an historic building, the organization transforms it into a community arts center, hosting a variety of programs such as art exhibits, musical performances, educational workshops, and cultural events for the community's enjoyment. These activities aim to enrich the local community by promoting cultural awareness and engagement.

Who is the CEO of Louisa Downtown Development Corpora?

Julia Skare is the Director of Louisa Downtown Development Corpora.

What is the revenue of Louisa Downtown Development Corpora?

Louisa Downtown Development Corpora's revenue in 2023 was $391,575.

Who are the executives of Louisa Downtown Development Corpora and what are their salaries?

The average compensation at Louisa Downtown Development Corpora during 2023 was $17,886. There are 10 employees and 40 volunteers at Louisa Downtown Development Corpora.


Here are 11 key members and their salaries:


Patrick Hanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Griffith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Odette Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Young Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob See (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Skare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Koren (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Guilford (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Schumacher (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Purcell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Louisa Downtown Development Corpora?

Louisa Downtown Development Corpora's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Louisa Downtown Development Corpora

Louisa Downtown Development Corpora, a nonprofit organization, is dedicated to preserving historic properties and fostering an appreciation for arts and culture within its community. The organization's mission is twofold: firstly, it aims to protect and maintain historic buildings; secondly, it seeks to promote an understanding and appreciation of arts and culture within the community. To achieve these objectives, Louisa Downtown Development Corpora manages an historic building, which it currently uses as a community arts center. Through various programs, including art, music, education, and cultural events, the organization provides opportunities for community members to engage with and appreciate the arts and culture. By preserving historic properties and promoting arts and culture, Louisa Downtown Development Corpora seeks to enrich the lives of its community members and contribute to a vibrant, culturally rich community.

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Impact




October, 2024

Louisa Downtown Development Corporation plays a vital role in fostering community engagement and cultural enrichment in Louisa, VA. By preserving historic properties, it safeguards the town's heritage, ensuring that the rich history of the area remains accessible to current and future generations. The organization actively promotes the arts and culture, transforming a historic building into a thriving community arts center. This space serves as a hub for art, music, education, and cultural programs, enriching the local community and enhancing the quality of life for residents. The organization’s efforts not only celebrate the town's cultural identity but also stimulate local economic growth by attracting visitors and supporting local artists. Through its initiatives, Louisa Downtown Development Corporation strengthens community ties and instills a sense of pride in local heritage and artistic expression.




This information is meant to be a general summary of Louisa Downtown Development Corpora. 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
$391,575 (2023)
Expenses
$430,208 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $370
  • Gross Receipts: $391,575

Assets and Liabilities:

  • Total Assets: $218,680
  • Total Liabilities: $0
  • Net Assets: $218,680

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Organization Details

Founding Year

2004

Principal Officer

Julia Skare

Main Address

PO Box 2119, Louisa, VA, 23093

NTEE Category

Code: B90 - Education

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