Downtown Sanford Inc

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

EIN: 561472402 ✦ Sanford, NC ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Sanford Inc?

Downtown Sanford Inc, located at 229 CARTHAGE ST, SANFORD, NC 27330, serves as the driving force behind the economic, cultural, and social growth of its community. Its primary mission is to manage and develop Downtown Sanford as the community's central hub, promoting its unique assets and historical significance. By educating the community and stimulating improvement, the nonprofit aims to enhance the area's appeal and vitality, ultimately benefiting the local population. With a team of 13 dedicated individuals, Downtown Sanford Inc plays a crucial role in fostering a thriving, well-rounded community.


Official website here: www.downtownsanford.com

What do the Facebook reviews say about Downtown Sanford Inc?

98% of 7 reviewers on Facebook recommend Downtown Sanford Inc. Here is a summary of their reviews:

The feedback highlights that it is a fantastic venue for enjoying live shows, with families finding it particularly appealing. Many express that the atmosphere is vibrant and conducive to a memorable experience, indicating that the nonprofit successfully fosters a community-focused environment.

Overall, the responses reflect a high level of satisfaction with the services provided, emphasizing that Downtown Sanford Inc. effectively delivers enjoyable events that connect people and enhance local culture.


This AI summary has been generated from reviews found on Facebook.

Is Downtown Sanford Inc legitimate?

Downtown Sanford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Sanford 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: $132,383

For more financial information, click here


Official website here: www.downtownsanford.com

What is the mission statement of Downtown Sanford Inc?

Downtown Sanford Inc's mission is centered around promoting and marketing Downtown as the primary economic, cultural, and social hub of the community. The organization also aims to educate the community about the unique assets and historical significance of the downtown area. In addition, Downtown Sanford Inc is responsible for managing the development and improvement of these assets to stimulate growth within the community.


Official website here: www.downtownsanford.com

Who is the CEO of Downtown Sanford Inc?

Kelli Laudate is the Executive Di of Downtown Sanford Inc.


Official website here: www.downtownsanford.com

What is the revenue of Downtown Sanford Inc?

Downtown Sanford Inc's revenue in 2023 was $371,048.


Official website here: www.downtownsanford.com

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

The average compensation at Downtown Sanford Inc during 2023 was $10,183. There are 13 employees and 30 volunteers at Downtown Sanford Inc.


Here are 14 key members and their salaries:


Kelli Laudate (Executive Di)
  • Compensation: $59,314
  • Related: $0
  • Other: $0
Todd Childers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Childress (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Davenport (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gus Gomez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Gordon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buck Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Joyce (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ophelia Livingston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joni Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Spence (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Taphorn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Towson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Whitaker (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownsanford.com

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

Downtown Sanford Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.downtownsanford.com

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

Mission Statement of Downtown Sanford Inc

Downtown Sanford Inc, a community-focused organization, is committed to promoting and marketing Downtown Sanford as the primary economic, cultural, and social hub of the area. Their mission extends beyond mere promotion; they also aim to educate the community about the unique assets and historical significance of the downtown district. Furthermore, Downtown Sanford Inc is responsible for managing the development and improvement of these assets, with the ultimate goal of stimulating growth in all three sectors - economy, culture, and society. By doing so, they contribute to the overall well-being and vitality of the community.

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Impact




October, 2024

Downtown Sanford Inc (DSI) plays a crucial role in shaping the economic, cultural, and social landscape of Sanford, North Carolina. By promoting and marketing downtown Sanford, DSI helps position the area as a central hub for community activities and engagement. Their efforts in educating residents about the unique assets and historical significance of the downtown area foster a sense of pride and connection among community members.

Through strategic management and development initiatives, DSI stimulates growth, enhancing the overall vibrancy of downtown Sanford. This includes encouraging improvements to infrastructure and amenities, which not only attracts new businesses but also boosts local commerce. The organization serves as a catalyst for revitalization, ensuring that the downtown area remains a dynamic environment where cultural events and social interactions thrive.

Overall, DSI’s impact can be seen in the restoration of community identity, increased economic activity, and a stronger, more cohesive social fabric, making downtown Sanford a vital part of the local community.




This information is meant to be a general summary of Downtown Sanford 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
$371,048 (2023)
Expenses
$389,455 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $14,865
  • Gross Receipts: $371,048

Assets and Liabilities:

  • Total Assets: $87,713
  • Total Liabilities: $597
  • Net Assets: $87,116

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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

$14,865

Organization Details

Founding Year

1984

Principal Officer

Kelli Laudate

Main Address

229 CARTHAGE ST, SANFORD, NC, 27330

NTEE Category

Code: S31 - Community improvement

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