Overview
What is Downtown Gadsden Inc?
Downtown Gadsden Inc is a dedicated nonprofit organization situated in Gadsden, working tirelessly to revitalize its central business district. By collaborating with both public and private sectors, they design and oversee the renovation of historic buildings, actively promote local businesses, and offer organizational support through their missions of Downtown Gadsden Revitalization and 193240. Their primary goal is to breathe new life into the city's commercial heart, fostering a sense of community and progress.
Is Downtown Gadsden Inc legitimate?
Downtown Gadsden Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Gadsden 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: $82,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,541
For more financial information, click here
What is the mission statement of Downtown Gadsden Inc?
Downtown Gadsden Inc, through its missions of Downtown Gadsden Revitalization and 193240, works towards revitalizing the central business district. The organization collaborates with both public and private sectors to achieve this goal. They are involved in the renovation of historic buildings, promoting local businesses, and providing organization to the district. Their activities are focused on revitalizing the central business district, thereby contributing to its overall development.
What is the revenue of Downtown Gadsden Inc?
Downtown Gadsden Inc's revenue in 2023 was $201,684.
Who are the executives of Downtown Gadsden Inc and what are their salaries?
The average compensation at Downtown Gadsden Inc during 2023 was $51,713. There are 2 employees and 30 volunteers at Downtown Gadsden Inc.
Here are 17 key members and their salaries:
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Where can I find the form 990 for Downtown Gadsden Inc?
Downtown Gadsden Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Downtown Gadsden Inc
Downtown Gadsden Inc, with its mission of Downtown Gadsden Revitalization and 193240, plays a significant role in revitalizing the central business district. This nonprofit organization works collaboratively with both public and private sectors to breathe new life into the district. One of its key initiatives is the renovation of historic buildings, aiming to preserve their charm while making them functional and attractive to businesses. Downtown Gadsden Inc also actively promotes local businesses, fostering a vibrant and thriving commercial environment. Furthermore, the organization provides a sense of organization and structure to the district, ensuring its continuous growth and development.
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Impact
October, 2024
Downtown Gadsden Inc plays a crucial role in revitalizing the central business district of Gadsden, Alabama. By collaborating with both public and private sectors, it facilitates the renovation of historic buildings, preserving the architectural heritage while enhancing the aesthetic appeal of the area. This revitalization effort not only promotes downtown businesses, helping to stimulate the local economy, but also fosters a vibrant community atmosphere. Through its systematic approach, including organization and strategic planning, Downtown Gadsden Inc strengthens community ties and encourages local engagement. The initiatives led by the organization contribute significantly to the overall improvement and sustainability of the downtown area, positioning it as a thriving hub for both residents and visitors.
This information is meant to be a general summary of Downtown Gadsden 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $212,699
Assets and Liabilities:
- Total Assets: $80,474
- Total Liabilities: $6,255
- Net Assets: $74,219
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Organization Details
Founding Year
1994
Principal Officer
Kay Moore
NTEE Category
Code: S20Z - Community improvement
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