Overview
What is Albemarle Downtown Development Corporation?
Albemarle Downtown Development Corporation is a nonprofit organization situated in Albeamrle, North Carolina. Their primary mission is to foster a conducive environment that elevates Downtown Albeamrle as a hub for culture, history, society, economy, and education within the community. They achieve this by implementing various programs aimed at promoting downtown development and revitalization, as well as boosting downtown businesses. The corporation's activities are geared towards enhancing the overall appeal and vitality of the downtown area, ultimately positioning it as a significant and multi-faceted center within the community.
Official website here: www.albemarledowntown.com
Is Albemarle Downtown Development Corporation legitimate?
Albemarle Downtown Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albemarle Downtown Development 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.
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Official website here: www.albemarledowntown.com
What is the mission statement of Albemarle Downtown Development Corporation?
The Albemarle Downtown Development Corporation's mission is to establish a conducive environment for development, aiming to elevate downtown as a hub for culture, history, social interaction, economic growth, and education. This is achieved through a variety of programs designed to foster downtown development and revitalization, as well as promote the success of local businesses within the community.
Official website here: www.albemarledowntown.com
Who is the CEO of Albemarle Downtown Development Corporation?
Joy Almond is the Chair of Albemarle Downtown Development Corporation.
Official website here: www.albemarledowntown.com
What is the revenue of Albemarle Downtown Development Corporation?
Albemarle Downtown Development Corporation's revenue in 2022 was $540,940.
Official website here: www.albemarledowntown.com
Who are the executives of Albemarle Downtown Development Corporation and what are their salaries?
There 50 volunteers at Albemarle Downtown Development Corporation.
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Official website here: www.albemarledowntown.com
Where can I find the form 990 for Albemarle Downtown Development Corporation?
Albemarle Downtown Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.albemarledowntown.com
Learn more at the official website: www.albemarledowntown.com
Mission Statement of Albemarle Downtown Development Corporation
Albemarle Downtown Development Corporation, a nonprofit organization, aims to establish an environment that elevates Downtown Albemarle as a significant cultural, historic, social, economic, and educational hub within its community. Their mission is geared towards promoting the development and revitalization of Downtown, as well as boosting the local business sector. Through various programs, this corporation strives to enhance the appeal and vitality of Downtown Albemarle, positioning it as a central point of attraction for its residents and visitors alike.
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Impact
July, 2024
Albemarle Downtown Development Corporation plays a crucial role in fostering community improvement by creating an environment that enhances downtown Albemarle as the cultural, historic, social, economic, and educational center of the city. Through various programs aimed at promoting downtown development and revitalization, as well as supporting local businesses, this organization significantly impacts the overall vibrancy and prosperity of the community in Albemarle, North Carolina.
This information is meant to be a general summary of Albemarle Downtown Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10
- Program Service Revenue: $505,217
- Gross Receipts: $540,940
Assets and Liabilities:
- Total Assets: $699,695
- Total Liabilities: $1,403
- Net Assets: $698,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OUTDOOR BONANZA
Revenue
$462,863
WINTER WINE FESTIVAL
Revenue
$27,482
MISCELLANEOUS PROGRAMS
Revenue
$14,872
Organization Details
Founding Year
1989
Phone
(704) 984-9415Principal Officer
Joy Almond
Main Address
PO BOX 2123, ALBEMARLE, NC, 280020190
Website
www.albemarledowntown.comNTEE Category
Code: S31Z - Community improvement
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