Overview
What is Downtown Statesville Development Corporation Inc?
Downtown Statesville Development Corporation Inc is a nonprofit organization dedicated to revitalizing and enriching the downtown area of Statesville, North Carolina. Their mission involves planning, researching, and executing projects aimed at developing real estate and attracting visitors to the downtown district. This includes promoting the area through festivals and events, recruiting new retailers, restaurants, and businesses, collaborating with the city and private property owners on beautification projects, and igniting private sector interest in redeveloping downtown, particularly vacant or underutilized properties. By serving as a catalyst for economic growth, social experiences, and cultural arts, Downtown Statesville Development Corporation Inc plays a pivotal role in enhancing the overall appeal and vitality of the downtown area.
Is Downtown Statesville Development Corporation Inc legitimate?
Downtown Statesville Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Statesville Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,837
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What is the mission statement of Downtown Statesville Development Corporation Inc?
The Downtown Statesville Development Corporation Inc is a nonprofit organization dedicated to providing leadership for the historic preservation and enhancement of downtown areas. Their mission is to position downtown as the primary center for economic growth opportunities, social experiences, and cultural arts. They achieve this by promoting downtown through festivals and other promotional events, recruiting additional retail, restaurants, and businesses, collaborating with the city and private property owners on beautification projects, and fostering private sector interest in redeveloping key areas.
Who is the CEO of Downtown Statesville Development Corporation Inc?
Joshua Speer is the Board Member of Downtown Statesville Development Corporation Inc.
What is the revenue of Downtown Statesville Development Corporation Inc?
Downtown Statesville Development Corporation Inc's revenue in 2022 was $239,570.
Who are the executives of Downtown Statesville Development Corporation Inc and what are their salaries?
The average compensation at Downtown Statesville Development Corporation Inc during 2022 was $48,418. There are 2 employees and 280 volunteers at Downtown Statesville Development Corporation Inc.
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Where can I find the form 990 for Downtown Statesville Development Corporation Inc?
Downtown Statesville Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Downtown Statesville Development Corporation Inc
Downtown Statesville Development Corporation Inc, as a nonprofit organization, is committed to providing leadership dedicated to the historic preservation and enhancement of Downtown Statesville. The corporation's mission is to position Downtown as the primary hub for economic growth opportunities, social experiences, and cultural arts in the area. By promoting festivals, events, and other initiatives, the organization aims to attract visitors and encourage the establishment of retail, restaurants, and businesses in the downtown area. Additionally, they work collaboratively with the City of Statesville and private property owners on beautification projects, and strive to ignite private sector interest in redeveloping Downtown, including key anchor properties that are vacant or underutilized.
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Impact
October, 2024
Downtown Statesville Development Corporation Inc plays a crucial role in revitalizing and enriching the downtown area of Statesville, NC. By focusing on historic preservation and enhancement, the organization fosters a vibrant atmosphere that serves as the hub for economic growth, social interaction, and cultural experiences.
The impact of this organization is felt through its various initiatives aimed at attracting visitors and enhancing local business opportunities. These include organizing festivals and promotional events that draw people to downtown, successfully recruiting new retail, restaurant, and business ventures, and collaborating with the city and property owners on beautification projects. These efforts contribute not only to the aesthetic appeal of downtown but also to its economic vitality.
Moreover, the organization actively works to spark private sector interest in redeveloping key anchor properties that may be vacant or underutilized. This initiative not only rejuvenates the physical space but also creates a sense of community and pride among residents and visitors alike. Through its comprehensive approach, Downtown Statesville Development Corporation Inc fundamentally enhances the quality of life in Statesville, making it a more desirable place to live, work, and visit.
This information is meant to be a general summary of Downtown Statesville Development Corporation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $349
- Program Service Revenue: $80,943
- Gross Receipts: $239,570
Assets and Liabilities:
- Total Assets: $292,841
- Total Liabilities: $20,136
- Net Assets: $272,705
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUMPKIN FEST
Revenue
$30,788
WINE WALK
Revenue
$16,532
FRIDAY AFTER 5
Revenue
$11,093
GHOST TOUR
Revenue
$7,192
HOLIDAY SHOP & STROLL
Revenue
$6,972
Organization Details
Founding Year
1983
Phone
(704) 878-3436Principal Officer
Joshua Speer
Main Address
PO BOX 205, STATESVILLE, NC, 28687
NTEE Category
Code: S20Z - Community improvement
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