High Point Downtown Stadium Foundation

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

EIN: 824227658 ✦ High point, NC ✦ Designated as a 501(c)(3)

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Overview

What is High Point Downtown Stadium Foundation?

The High Point Downtown Stadium Foundation is a nonprofit organization situated in High Point, North Carolina, specifically at 301 N Elm Street, 27262. Their primary mission is to alleviate the responsibilities of the local government by managing and operating the downtown baseball stadium, which serves as a venue for community events and public benefits. This facility, owned by the city, hosts sports, entertainment, and community events, thereby reducing the government's burden. The foundation employs 16 individuals in its operations.

Is High Point Downtown Stadium Foundation legitimate?

High Point Downtown Stadium Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. High Point Downtown Stadium Foundation 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: $143,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $561,767

For more financial information, click here

What is the mission statement of High Point Downtown Stadium Foundation?

The High Point Downtown Stadium Foundation's mission is to alleviate the responsibilities of the local government by managing a public-benefit facility, specifically a sports, entertainment, and community events venue. This operation is aimed at providing a space for such events, benefiting the community as a whole. The foundation's primary objective is to maintain and effectively operate the downtown baseball stadium for the benefit of the public, hosting various events.

What is the revenue of High Point Downtown Stadium Foundation?

High Point Downtown Stadium Foundation's revenue in 2023 was $2,144,231.

Who are the executives of High Point Downtown Stadium Foundation and what are their salaries?

The average compensation at High Point Downtown Stadium Foundation during 2023 was $6,190. There are 114 employees at High Point Downtown Stadium Foundation.

Here are 10 key members and their salaries:


Coy Williard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg York (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Tilley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Hull (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otis Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iv Culp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Witcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Fisch (President)
  • Compensation: $143,890
  • Related: $0
  • Other: $0
Ken Fulp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Keilitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for High Point Downtown Stadium Foundation?

High Point Downtown Stadium Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of High Point Downtown Stadium Foundation

The High Point Downtown Stadium Foundation, in its mission, aims to alleviate the responsibilities of the government of High Point, North Carolina. It accomplishes this by operating, for the public benefit, a public-owned sports, entertainment, and community events facility situated in downtown High Point, North Carolina. The primary goal of this foundation is to maintain and manage the downtown baseball stadium, providing a space for public and community events that contribute to the well-being of the community.

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Impact




July, 2024

The High Point Downtown Stadium Foundation's impact is significant in the community of High Point, North Carolina. By maintaining and operating the downtown baseball stadium for the city, the foundation provides a venue for public sports, entertainment, and community events. This helps to lessen the burdens on the local government and contributes to the overall well-being and vibrancy of the city. Through its activities, the foundation promotes community engagement, local pride, and a sense of belonging among residents and visitors alike.




This information is meant to be a general summary of High Point Downtown Stadium Foundation. 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
$2,144,231 (2023)
Expenses
$2,339,227 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,950
  • Program Service Revenue: $1,281,733
  • Gross Receipts: $2,144,231

Assets and Liabilities:

  • Total Assets: $1,055,160
  • Total Liabilities: $294,650
  • Net Assets: $760,510

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Programs

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

HPBI MANAGEMENT FEE

Revenue

$580,000

HPBI FACILITIES

Revenue

$360,000

FACILITIES USE

Revenue

$284,135

PARKING

Revenue

$32,942

TICKET REVENUE

Revenue

$24,656

Organization Details

Founding Year

2017

Principal Officer

Peter Fisch

NTEE Category

Code: T31 - Philanthropy

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