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Burlington Downtown Corporation

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

EIN: 561627620 ✦ Burlington, NC ✦ Designated as a 501(c)(3)

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Overview

What is Burlington Downtown Corporation?

Burlington Downtown Corporation is a nonprofit organization situated in Burlington, North Carolina, with an address at 425 S Lexington Avenue. Its primary mission is to foster the growth and development of Downtown Burlington, positioning it as the cultural, historical, and economic hub of the community. The organization achieves this goal by engaging various community stakeholders and partners, encouraging investment, business development, and job creation. By doing so, Burlington Downtown Corporation aims to inspire a vibrant and unified downtown area.


Official website here: www.burlingtondowntown.com

Is Burlington Downtown Corporation legitimate?

Burlington Downtown Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burlington Downtown Corporation 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: $28,653

For more financial information, click here


Official website here: www.burlingtondowntown.com

What is the mission statement of Burlington Downtown Corporation?

The Burlington Downtown Corporation's mission is centered around fostering an environment that promotes the redevelopment of the downtown area. This is achieved by engaging with community stakeholders and partners, inspiring investment, facilitating business development, and encouraging job growth. The corporation's ultimate goal is to enhance the development of downtown Burlington, positioning it as the cultural, historic, and economic heart of the community. Furthermore, the corporation strives to promote unity among all within the community.


Official website here: www.burlingtondowntown.com

Who is the CEO of Burlington Downtown Corporation?

Coleman Rich is the President of Burlington Downtown Corporation.


Official website here: www.burlingtondowntown.com

What is the revenue of Burlington Downtown Corporation?

Burlington Downtown Corporation's revenue in 2022 was $238,467.


Official website here: www.burlingtondowntown.com

Who are the executives of Burlington Downtown Corporation and what are their salaries?


Here are 18 key members and their salaries:


Coleman Rich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Treadwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Wilkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Chung (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Schmidt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Gant Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Anne Caudle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Feraud Calixte (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Slaton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Nye (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ervin Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Bishop (Ex-Officio B)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nolan Kirkman (Ex-Officio B)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly May (Advisory Boa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Harmon (Advisory Boa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Wall (Ex-Officio B)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.burlingtondowntown.com

Where can I find the form 990 for Burlington Downtown Corporation?

Burlington Downtown Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.burlingtondowntown.com

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

Mission Statement of Burlington Downtown Corporation

Burlington Downtown Corporation, a nonprofit organization, is dedicated to fostering an atmosphere conducive to the revitalization of downtown areas. To achieve this, the corporation engages with local stakeholders and partners, acting as a catalyst to stimulate investment, business development, and job growth. The ultimate goal is to transform downtown Burlington into a thriving cultural, historical, and economic hub, thereby promoting unity among the community's diverse members. By engaging in these activities, Burlington Downtown Corporation aims to enhance the development of downtown Burlington, positioning it as a significant and cohesive part of the community.

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Impact




October, 2024

Burlington Downtown Corporation plays a pivotal role in shaping the future of downtown Burlington by fostering an environment conducive to redevelopment. By actively engaging community stakeholders and partners, the organization promotes investment, business development, and job growth, making significant strides in revitalizing the area.

The corporation's efforts enhance Burlington's status as the cultural, historic, and economic center of the community. This focus not only attracts new businesses but also inspires unity among residents and local enterprises, creating a vibrant atmosphere that fosters collaboration and innovation. Through its initiatives, Burlington Downtown Corporation catalyzes transformative changes that enrich the community, drive economic vitality, and uplift the overall quality of life for its residents.




This information is meant to be a general summary of Burlington Downtown Corporation. 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
$238,467 (2022)
Expenses
$162,335 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $144
  • Gross Receipts: $238,467

Assets and Liabilities:

  • Total Assets: $186,427
  • Total Liabilities: $3,781
  • Net Assets: $182,646

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Organization Details

Founding Year

1988

Principal Officer

Coleman Rich

Main Address

425 S LEXINGTON AVENUE, BURLINGTON, NC, 27215

NTEE Category

Code: S80 - Community improvement

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