Downtown Edmond Business Assoc

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

EIN: 731551702 ✦ Edmond, OK ✦ Designated as a 501(c)(6)

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Overview

What is Downtown Edmond Business Assoc?

The Downtown Edmond Business Association is a nonprofit organization situated in Edmond, Oklahoma. Its primary mission is to boost and encourage shopping within the downtown Edmond retail district. By doing so, they aim to support local businesses and contribute to the overall vitality of the community. The association's activities focus on promoting this district, potentially offering events, promotions, or other initiatives to attract shoppers and foster a thriving commercial environment.

Is Downtown Edmond Business Assoc legitimate?

Downtown Edmond Business Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Edmond Business Assoc submitted a form 990EZ, 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.

What is the mission statement of Downtown Edmond Business Assoc?

The Downtown Edmond Business Association's mission is centered around encouraging shopping in a specific retail district. More specifically, their objective is to promote business activities within the downtown retail sector, located in Edmond, OK. Their primary goal is to stimulate economic growth and engagement within this specific retail district. By doing so, they aim to contribute positively to the local community and the businesses operating within it. The association may also engage in various initiatives to enhance the shopping experience, thereby attracting more customers and fostering a thriving business environment.

Who is the CEO of Downtown Edmond Business Assoc?

Stephanie Carel is the President of Downtown Edmond Business Assoc.

What is the revenue of Downtown Edmond Business Assoc?

Downtown Edmond Business Assoc's revenue in 2022 was $49,922.

Who are the executives of Downtown Edmond Business Assoc and what are their salaries?


Here are 5 key members and their salaries:


Stephanie Carel (President)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
Robert Black (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Schaefer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Hibbard (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Weiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Downtown Edmond Business Assoc?

Downtown Edmond Business Assoc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Downtown Edmond Business Assoc

The Downtown Edmond Business Association, abbreviated as DEBA, is dedicated to boosting retail shopping in the downtown district of Edmond, Oklahoma. Its primary objective is to stimulate consumer interest in this specific shopping area. By promoting the retail district, DEBA aims to enhance the overall shopping experience and attract more customers to local businesses. This, in turn, contributes to the growth and development of the downtown area. DEBA's mission is a testament to its commitment to supporting local businesses and the community as a whole, thereby fostering a vibrant and thriving downtown scene.

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Impact




October, 2024

The Downtown Edmond Business Association significantly enhances local commerce by actively promoting shopping in the downtown Edmond retail district in Edmond, OK. By fostering a vibrant business environment, the association encourages residents and visitors to explore local shops, boosting foot traffic and supporting small businesses. Their efforts create a dynamic downtown atmosphere that not only strengthens the local economy but also cultivates community spirit and engagement among residents. Through various initiatives and programs, the association plays a crucial role in positioning downtown Edmond as a thriving destination for shopping and social interaction.




This information is meant to be a general summary of Downtown Edmond Business Assoc. 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
$49,922 (2022)
Expenses
$52,011 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $143,723

Assets and Liabilities:

  • Total Assets: $19,249
  • Total Liabilities: $0
  • Net Assets: $19,249

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Organization Details

Principal Officer

Stephanie Carel

Main Address

PO BOX 3653, EDMOND, OK, 73083

NTEE Category

Code: Z99 - Unknown

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