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Downtown Redevelopment Authority

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

EIN: 611355965 ✦ Bowling green, KY ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Redevelopment Authority?

The Downtown Redevelopment Authority is a nonprofit organization located in Bowling Green, Kentucky. Its primary mission is to stimulate economic development in the downtown area through education, organization, promotion, design, and the encouragement of preservation and revitalization. With a focus on revitalizing Bowling Green's downtown business district, the organization employs a modest workforce of two individuals. By implementing these strategies, the Downtown Redevelopment Authority aims to enhance the economic vitality and overall appeal of the downtown area.


Official website here: www.downtownbg.org

Is Downtown Redevelopment Authority legitimate?

Downtown Redevelopment Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Redevelopment Authority 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: $28,000

For more financial information, click here


Official website here: www.downtownbg.org

What is the mission statement of Downtown Redevelopment Authority?

The Downtown Redevelopment Authority's mission is centered around the revitalization of a business area. Specifically, their goal is to stimulate economic development within the downtown sector by employing strategies such as education, organization, promotion, and design. Furthermore, they actively encourage and support the preservation and enhancement of this area. Their mission is to revitalize the downtown business area, aiming to breathe new life into its economic and social landscape.


Official website here: www.downtownbg.org

Who is the CEO of Downtown Redevelopment Authority?

Ron Murphy is the Executive Di of Downtown Redevelopment Authority.


Official website here: www.downtownbg.org

What is the revenue of Downtown Redevelopment Authority?

Downtown Redevelopment Authority's revenue in 2022 was -$7,807.


Official website here: www.downtownbg.org

Who are the executives of Downtown Redevelopment Authority and what are their salaries?

The average compensation at Downtown Redevelopment Authority during 2022 was $14,000. There are 2 employees at Downtown Redevelopment Authority.


Here are 5 key members and their salaries:


Ron Murphy (Executive Di)
  • Compensation: $26,000
  • Related: $0
  • Other: $0
Jim Bullington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Houchner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Meszaros (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownbg.org

Where can I find the form 990 for Downtown Redevelopment Authority?

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


Official website here: www.downtownbg.org

Learn more at the official website: www.downtownbg.org

Mission Statement of Downtown Redevelopment Authority

The Downtown Redevelopment Authority is committed to revitalizing the business area within the downtown region. Their mission is threefold, encompassing education, organization, promotion, and design. Through these strategies, they aim to stimulate economic development in the downtown sector. Furthermore, the authority encourages and supports the preservation and revitalization of the area, demonstrating a dedication to its growth and transformation.

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Impact




October, 2024

The Downtown Redevelopment Authority plays a significant role in revitalizing Bowling Green's downtown business area. By focusing on education, organization, promotion, and design, it stimulates economic development and fosters a vibrant community. The Authority encourages the preservation and enhancement of the downtown environment, ensuring that it remains an attractive destination for residents and visitors alike. This effort not only supports local businesses but also enhances the overall quality of life in Bowling Green, contributing to community improvement and a dynamic urban landscape.




This information is meant to be a general summary of Downtown Redevelopment Authority. 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
-$7,807 (2022)
Expenses
$91,109 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $69,851

Assets and Liabilities:

  • Total Assets: $342,377
  • Total Liabilities: $676
  • Net Assets: $341,701

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Organization Details

Founding Year

1998

Principal Officer

Ron Murphy

Main Address

PO BOX 32, BOWLING GREEN, KY, 421020032

NTEE Category

Code: S20 - Community improvement

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