The Looper Group Inc

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

EIN: 593386876 ✦ St petersburg, FL ✦ Designated as a 501(c)(6)

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Overview

What is The Looper Group Inc?

The Looper Group Inc, located in St. Petersburg, Florida, is a nonprofit organization that primarily focuses on enhancing transportation services in the downtown business district. Their mission is to stimulate trade and improve mobility within the area by operating the Downtown Looper Trolley. By offering transportation, they aim to decrease parking demand and circulate traffic more effectively. The organization, with a team of 19 employees, also provides transportation for select baseball games and special events in the downtown area.


Official website here: www.stpetetrolley.com

Is The Looper Group Inc legitimate?

The Looper Group Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Looper Group 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: $382,384

For more financial information, click here


Official website here: www.stpetetrolley.com

What is the mission statement of The Looper Group Inc?

The Looper Group Inc, in its mission, aims to stimulate trade and commerce within a business district by enhancing mobility and lessening parking demands. This organization operates a trolley service in a downtown area, providing transportation, improving access circulation, and reducing the need for parking. Additionally, they offer transportation services for select baseball games and special events in the downtown area, contributing to the overall ease of movement and convenience within the business district.


Official website here: www.stpetetrolley.com

Who is the CEO of The Looper Group Inc?

Eric Carlson is the President of The Looper Group Inc.


Official website here: www.stpetetrolley.com

What is the revenue of The Looper Group Inc?

The Looper Group Inc's revenue in 2022 was $1,000,525.


Official website here: www.stpetetrolley.com

Who are the executives of The Looper Group Inc and what are their salaries?

The average compensation at The Looper Group Inc during 2022 was $20,125. There are 19 employees and 3 volunteers at The Looper Group Inc.


Here are 4 key members and their salaries:


Chuck Wray Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Carlson (Treasurer)
  • Compensation: $43,468
  • Related: $0
  • Other: $0
Jason Mathis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Mory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stpetetrolley.com

Where can I find the form 990 for The Looper Group Inc?

The Looper Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stpetetrolley.com

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

Mission Statement of The Looper Group Inc

The Looper Group Inc, a pivotal organization, is dedicated to promoting and stimulating trade within the business district of downtown Saint Petersburg, Florida. By operating the downtown Looper trolley, this group aims to enhance mobility and decrease parking demand in the area. The Looper Group Inc's mission is twofold: it provides transportation services within the downtown business district, thereby improving access and circulation, and it reduces the demand for parking spots. Beyond its regular operations, The Looper Group Inc also extends its transportation services to select baseball games and special events held within the downtown area.

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Impact




October, 2024

The Looper Group Inc significantly enhances mobility and accessibility in the downtown St. Petersburg, Florida area through its operation of the Downtown Looper Trolley. By providing a reliable and convenient transportation service, the group directly contributes to improved circulation within the business district, making it easier for residents and visitors to navigate the city. This service not only fosters increased foot traffic to local businesses but also alleviates parking demand, addressing a common challenge in urban environments. Additionally, The Looper Group supports community engagement by offering transportation for select baseball games and special events, further stimulating trade and promoting local commerce. Overall, their efforts contribute to a vibrant and accessible downtown environment, benefiting both the community and local businesses.




This information is meant to be a general summary of The Looper Group 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
$1,000,525 (2022)
Expenses
$922,902 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,791
  • Program Service Revenue: $103,916
  • Gross Receipts: $1,000,525

Assets and Liabilities:

  • Total Assets: $1,046,992
  • Total Liabilities: $85,404
  • Net Assets: $961,588

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Programs

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

FARES & EVENT SHUTTLE

Revenue

$103,916

Organization Details

Founding Year

1996

Principal Officer

Eric Carlson

Main Address

244 SECOND AVENUE NORTH 201, ST PETERSBURG, FL, 33701

NTEE Category

Code: S80 - Community improvement

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