Overview
What is Downtown Salisbury Inc?
Downtown Salisbury Inc is a nonprofit organization based in Salisbury, North Carolina. Their primary mission is to foster the growth and development of the city's central business district, serving as an economic, governmental, social, and cultural hub for Rowan County. They achieve this by promoting economic restructuring, design, promotions, and building partnerships. Specifically, they focus on enhancing the commercial, business, economic, residential, civic, and historical development of downtown Salisbury, North Carolina. Their activities aim to boost the district's overall appeal and vitality.
Official website here: www.downtownsalisburync.com
Is Downtown Salisbury Inc legitimate?
Downtown Salisbury Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Salisbury 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:
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For more financial information, click here
Official website here: www.downtownsalisburync.com
What is the mission statement of Downtown Salisbury Inc?
Downtown Salisbury Inc's mission is centered around promoting, enhancing, and managing the development of various sectors within a specific area. This encompasses commercial, business, economic, residential, civic, and historical development. The organization's goal is to make this area the economic, governmental, social, and cultural center of its locale. They accomplish this by encouraging economic restructuring, design, promotions, and building partnerships. The focus is on making the district an active and thriving hub, attracting businesses and activities that contribute to its overall growth and vitality.
Official website here: www.downtownsalisburync.com
Who is the CEO of Downtown Salisbury Inc?
Sada Stewart Troutman is the Chair of Downtown Salisbury Inc.
Official website here: www.downtownsalisburync.com
What is the revenue of Downtown Salisbury Inc?
Downtown Salisbury Inc's revenue in 2023 was $226,737.
Official website here: www.downtownsalisburync.com
Who are the executives of Downtown Salisbury Inc and what are their salaries?
There 25 volunteers at Downtown Salisbury Inc.
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Official website here: www.downtownsalisburync.com
Where can I find the form 990 for Downtown Salisbury Inc?
Downtown Salisbury Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownsalisburync.com
Learn more at the official website: www.downtownsalisburync.com
Mission Statement of Downtown Salisbury Inc
Downtown Salisbury Inc, a nonprofit organization, is dedicated to the advancement and management of the commercial, business, economic, residential, civic, and historical development of Downtown Salisbury, North Carolina. The organization's mission is multifaceted, aiming to promote, enhance, and oversee the growth of this central district. By fostering economic restructuring, design, promotions, and building partnerships, Downtown Salisbury Inc strives to maintain the district's status as the economic, governmental, social, and cultural hub of Rowan County. The organization's activities are geared towards making the district an attractive and vibrant location for businesses, residents, and visitors alike.
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Impact
October, 2024
Downtown Salisbury Inc significantly impacts the community by fostering economic vitality, enhancing the urban environment, and promoting cultural engagement in the heart of Salisbury, North Carolina. By focusing on the development of the central business district, it plays a crucial role in making downtown a vibrant hub for commerce, government, and social interaction.
The organization's efforts in economic restructuring and design create an inviting atmosphere for businesses to thrive and attract visitors. This, in turn, stimulates local job creation and contributes to the overall economic health of Rowan County. Through strategic partnerships, Downtown Salisbury Inc leverages resources and builds collaborations that benefit the entire community.
Furthermore, by organizing promotions and events, the organization encourages community participation and celebrates local heritage, enriching the social fabric of Salisbury. Its commitment to managing and enhancing the area's civic and historical development ensures that downtown remains not only a center of business but also a place of cultural significance and community pride. Overall, Downtown Salisbury Inc is a catalyst for positive change, driving progress in a comprehensive and inclusive manner.
This information is meant to be a general summary of Downtown Salisbury 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 2023.
- Investment Income: $206
- Program Service Revenue: $224,469
- Gross Receipts: $262,213
Assets and Liabilities:
- Total Assets: $1,071,650
- Total Liabilities: $585,427
- Net Assets: $486,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CITY OF SALISBURY - MSDT
Revenue
$139,366
DOWNTOWN PROMOTIONAL EVENTS
Revenue
$85,103
Organization Details
Founding Year
1983
Phone
(704) 637-7814Principal Officer
Sada Stewart Troutman
Main Address
PO BOX 479, SALISBURY, NC, 281450479
Website
www.downtownsalisburync.comNTEE Category
Code: S31Z - Community improvement
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