Historic District Business Associat

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

EIN: 721483159 ✦ Natchitoches, LA ✦ Designated as a 501(c)(6)

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Overview

What is Historic District Business Associat?

The Historic District Business Associat is a nonprofit organization situated in Natchitoches, Louisiana. With a single employee, their primary mission is to stimulate business and tourism within the region. They achieved this by organizing and advertising a successful Christmas festival that attracted an estimated 350,000 people, thereby directly boosting local commerce. The organization maintains a collaborative relationship with various entities, such as the City of Natchitoches Chamber of Commerce and the City of Natchitoches, to effectively promote their objectives.

Is Historic District Business Associat legitimate?

Historic District Business Associat is a legitimate nonprofit organization registered as a 501(c)(6) entity. Historic District Business Associat 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: $50,000

For more financial information, click here

What is the mission statement of Historic District Business Associat?

The Historic District Business Associat's mission is centered around promoting business and tourism. They actively engage in supporting and communicating with various entities, such as the City of Natchitoches Chamber of Commerce and the City of Natchitoches, with the aim of fostering growth in these sectors. One of their notable achievements was organizing and advertising a successful Christmas festival, which attracted over 350,000 people, directly contributing to tourism and business promotion in the area.

Who is the CEO of Historic District Business Associat?

William L Waskom is the Board Member of Historic District Business Associat.

What is the revenue of Historic District Business Associat?

Historic District Business Associat's revenue in 2022 was $130,038.

Who are the executives of Historic District Business Associat and what are their salaries?

The average compensation at Historic District Business Associat during 2022 was $50,000. There is 1 employee at Historic District Business Associat.


Here are 5 key members and their salaries:


Suzanna Bolton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Dickens (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Frederick (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig George (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Waskom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Historic District Business Associat?

Historic District Business Associat's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Historic District Business Associat

The Historic District Business Associat, as its name suggests, is an organization dedicated to promoting business and tourism within its sphere. This is achieved through active communication and support, extending to entities such as the City of Natchitoches Chamber of Commerce and the City of Natchitoches themselves. The primary objective of this association is to boost economic growth and attract visitors to the area, thereby benefiting local businesses.

To achieve this mission, the Historic District Business Associat has demonstrated its effectiveness by organizing and advertising a highly successful Christmas festival. This event, attended by over 350,000 people, served as a powerful tool to directly stimulate tourism and promote businesses in the area. By orchestrating such events, the association contributes to the vitality and prosperity of the local economy, ultimately benefiting the community as a whole.

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Impact




October, 2024

The Historic District Business Association plays a pivotal role in enhancing the economic vitality of Natchitoches, Louisiana, by promoting business and tourism in the area. Through strategic collaborations with the City of Natchitoches and the local Chamber of Commerce, the association fosters a vibrant business environment conducive to growth.

One of its most significant achievements is the organization and advertising of a Christmas festival that attracted upwards of 350,000 attendees. This event not only serves as a major attraction for tourists but also directly impacts local businesses by increasing foot traffic and encouraging consumer spending.

By creating events that celebrate the unique charm of Natchitoches, the Historic District Business Association effectively drives tourism, showcasing the area’s rich culture and history. This, in turn, benefits local business owners, creating a mutually beneficial ecosystem where tourism and commerce thrive together.




This information is meant to be a general summary of Historic District Business Associat. 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
$130,038 (2022)
201120122013201420152016201720182019202020212022$-110k$0$110k$220k$330k
Expenses
$89,572 (2022)
201120122013201420152016201720182019202020212022$0$35,000$70,000$105k$140k
Efficiency
201120122013201420152016201720182019202020212022-403.77%-253.77%-103.77%128%

Other financial information:

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

  • Investment Income: $3,915
  • Gross Receipts: $918,371

Assets and Liabilities:

  • Total Assets: $514,524
  • Total Liabilities: $0
  • Net Assets: $514,524

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Organization Details

Principal Officer

William L Waskom

Main Address

107A SOUTH DRIVE, NATCHITOCHES, LA, 71457

NTEE Category

Code: Y03 - Mutual benefit

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