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Downtown Wichita Falls Development Inc

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

EIN: 752877651 ✦ Wichita falls, TX ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Wichita Falls Development Inc?

Downtown Wichita Falls Development Inc, located at 709 Indiana Avenue, Wichita Falls, Texas, is a nonprofit organization with a mission to enlighten the community about the advantages of the downtown area. Their primary objectives include attracting investors to the area and organizing events to boost its profile. With a small team of three dedicated individuals, they strive to promote the downtown area and its potential benefits to the local population. Their activities aim to create a positive impact and foster growth in the downtown district of Wichita Falls.


Official website here: www.wichitafallsdowntownproud.com

Is Downtown Wichita Falls Development Inc legitimate?

Downtown Wichita Falls Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Wichita Falls Development 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: $77,314
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wichitafallsdowntownproud.com

What is the mission statement of Downtown Wichita Falls Development Inc?

The mission of Downtown Wichita Falls Development Inc is centered around enlightening the local community in Wichita Falls about the advantages of the downtown area. The organization's primary goal is to draw investors to the area, recognizing its potential. To accomplish this, they organize various events to showcase the downtown area and generate interest. In essence, their mission is to promote the downtown area, attract investment, and host events to increase its visibility and appeal.


Official website here: www.wichitafallsdowntownproud.com

Who is the CEO of Downtown Wichita Falls Development Inc?

Jana Schmader is the Advisory Board of Downtown Wichita Falls Development Inc.


Official website here: www.wichitafallsdowntownproud.com

What is the revenue of Downtown Wichita Falls Development Inc?

Downtown Wichita Falls Development Inc's revenue in 2022 was $321,529.


Official website here: www.wichitafallsdowntownproud.com

Who are the executives of Downtown Wichita Falls Development Inc and what are their salaries?

The average compensation at Downtown Wichita Falls Development Inc during 2022 was $25,771. There are 3 employees and 500 volunteers at Downtown Wichita Falls Development Inc.


Here are 17 key members and their salaries:


Cody Magana (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Case (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Weske (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Rogers (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Walser (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Dunn (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Syd Litteken (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Sales (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charis Rhoades (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denton Keltner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dickinson (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Ahearn (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody Gossom (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Barnard (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Ledesma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Hartmangruber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Schmader (Executive Director)
  • Compensation: $70,612
  • Related: $0
  • Other: $0


Official website here: www.wichitafallsdowntownproud.com

Where can I find the form 990 for Downtown Wichita Falls Development Inc?

Downtown Wichita Falls Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wichitafallsdowntownproud.com

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

Mission Statement of Downtown Wichita Falls Development Inc

Downtown Wichita Falls Development Inc, as a nonprofit organization, is dedicated to enlightening the community of Wichita Falls about the advantages of the downtown area. Its primary mission is twofold: firstly, it aims to attract investors to the downtown region, and secondly, it organizes events to promote the area. By doing so, the nonprofit intends to highlight the potential and appeal of the downtown area, ultimately fostering its growth and development.

In simple terms, Downtown Wichita Falls Development Inc serves as an advocate for the downtown sector, working tirelessly to spread awareness of its benefits and attract potential investors. By organizing events, the nonprofit not only showcases the area's charm but also provides opportunities for the community to engage with it, thereby strengthening its appeal and attractiveness. This proactive approach to promoting the downtown area is instrumental in its ongoing development and revitalization.

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Impact




October, 2024

Downtown Wichita Falls Development Inc plays a vital role in enhancing the urban landscape and fostering a vibrant community. By educating residents about the benefits of the Downtown area, they create a greater awareness and appreciation for local resources and amenities. This initiative not only stimulates interest among the current populace but also attracts potential investors, helping to fuel economic growth and revitalization.

The organization also orchestrates events that highlight the unique offerings of Downtown Wichita Falls, promoting engagement and community involvement. These events not only draw visitors but also encourage local businesses to thrive, fostering a sense of community and belonging. Overall, their efforts contribute significantly to the improvement of Downtown Wichita Falls, making it a more attractive and dynamic place to live, work, and visit.




This information is meant to be a general summary of Downtown Wichita Falls Development 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
$321,529 (2022)
Expenses
$340,344 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $333
  • Program Service Revenue: $118,930
  • Gross Receipts: $321,529

Assets and Liabilities:

  • Total Assets: $428,317
  • Total Liabilities: $84,657
  • Net Assets: $343,660

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Programs

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

Cajun Fest

Revenue

$59,389

St. Pat's Festival

Revenue

$34,579

City Lights

Revenue

$11,381

Hotter N Ale

Revenue

$7,041

After Hours Artwalk

Revenue

$6,540

Organization Details

Founding Year

2000

Principal Officer

Jana Schmader

Main Address

709 Indiana Avenue, Wichita Falls, TX, 76301

NTEE Category

Code: S30 - Community improvement

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