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Raleigh Civic Ventures Inc

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

EIN: 562095185 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Raleigh Civic Ventures Inc?

Raleigh Civic Ventures Inc is a nonprofit organization situated in Raleigh, North Carolina, specifically at 333 Fayetteville Street Suite 1150. Their primary mission is to enhance the downtown Raleigh area by organizing special events and projects that support and complement the mission of the Downtown Raleigh Alliance. They aim to revitalize the downtown district by engaging the community through outdoor events, attracting over 4,000 attendees in the recent fiscal year. Some of their notable activities include the annual Raleigh Tree Lighting, live music, Santa for the Kids, food trucks, and local business vendors, as well as the Downtown Banner and Flag Program that visually enhances the cityscape.

Is Raleigh Civic Ventures Inc legitimate?

Raleigh Civic Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raleigh Civic Ventures 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: $0

For more financial information, click here

What is the mission statement of Raleigh Civic Ventures Inc?

Raleigh Civic Ventures Inc's mission is centered around undertaking special projects that align with and enhance the objectives of the Downtown Raleigh Alliance. The primary goal of these projects is to revitalize the downtown district by creating engaging experiences for local residents, workers, and visitors. The organization has successfully activated public spaces with events, attracting over 4,000 attendees in the recent fiscal year. Notable events include the annual Raleigh Tree Lighting, live music, Santa for the Kids, food trucks, local business vendors, and even a visit from the city's mayor. Additionally, the Downtown Banner and Flag Program contributes to the visual enhancement of the cityscape by adorning its streets.

Who is the CEO of Raleigh Civic Ventures Inc?

Bill King is the President & of Raleigh Civic Ventures Inc.

What is the revenue of Raleigh Civic Ventures Inc?

Raleigh Civic Ventures Inc's revenue in 2022 was $239,751.

Who are the executives of Raleigh Civic Ventures Inc and what are their salaries?

There 8 volunteers at Raleigh Civic Ventures Inc.


Here are 9 key members and their salaries:


Bill King (President &)
  • Compensation: $0
  • Related: $137,500
  • Other: $0
Leon Cox (Immediate Pa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allyson Dickens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paulette Dillard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Fields (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Dempster Jr (Legal Counse)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Meeker (Vice Chair/C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Ralph (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Warf (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Raleigh Civic Ventures Inc?

Raleigh Civic Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Raleigh Civic Ventures Inc

Raleigh Civic Ventures Inc is an organization with a mission to undertake special projects that support and complement the mission of the Downtown Raleigh Alliance. This mission is focused on revitalizing Raleigh's downtown district. The organization carries out this goal by undertaking various projects that create memorable experiences for visitors, residents, and workers in downtown Raleigh. One of their key initiatives is organizing outdoor events, which activated public spaces and attracted over 4,000 attendees in the fiscal year 2022. Some of these events include the Raleigh Tree Lighting, music performances, Santa for the Kids, food trucks, local business vendors, and even a visit from the city's mayor. Furthermore, the Downtown Banner and Flag Program adds a visual enhancement to Raleigh's streetscape, contributing to the overall revitalization of the downtown district.

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Impact




October, 2024

Raleigh Civic Ventures Inc significantly enhances the vibrancy and appeal of downtown Raleigh through innovative projects and events that draw in residents, visitors, and workers alike. By undertaking specialized initiatives that align with the mission of the Downtown Raleigh Alliance, they are pivotal in the ongoing revitalization of the downtown district.

The organization's special programs, such as outdoor events, have created memorable experiences for the community, evidenced by over 4,000 attendees at various activities in the fiscal year 2022. Events like the annual Raleigh Tree Lighting bring together families and individuals for seasonal celebrations, featuring music, food trucks, local vendors, and even a visit from the city's mayor, fostering a sense of community and togetherness.

Additionally, initiatives like the Downtown Banner and Flag Program visually enhance the streetscape, beautifying public spaces and contributing to a welcoming environment. Through these endeavors, Raleigh Civic Ventures Inc plays a crucial role in fostering community engagement, supporting local businesses, and enhancing the overall quality of life for everyone in downtown Raleigh.




This information is meant to be a general summary of Raleigh Civic Ventures 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
$239,751 (2022)
Expenses
$239,442 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $58,574
  • Gross Receipts: $239,751

Assets and Liabilities:

  • Total Assets: $262,650
  • Total Liabilities: $127,379
  • Net Assets: $135,271

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BANNERS

Revenue

$54,002

TREE LIGHTING PROGRAM

Revenue

$4,572

Organization Details

Founding Year

1998

Principal Officer

Bill King

Main Address

333 FAYETTEVILLE STREET SUITE 1150, RALEIGH, NC, 27601

NTEE Category

Code: T21 - Philanthropy

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