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Downtown Blackstone Inc.

Downtown Blackstone Inc.

Blackstone, VA 23824
Tax ID20-8761491

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About this organization

Revenue

$68,229

Expenses

$60,146

Mission

As an inviting place to visit and shop, a productive place to work and a profitable place to invest. We will accomplish this mission * through building partnerships and coalitions with merchants, property owners, developers and government entities; * through working to enhance and improve the look and feel of the downtown streetscape; and * through fostering vibrance that attracts development and redevelopment.

About

Economic restructuring - The economic restructuring committee has the job of identifying new market opportunities for the traditional commercial district, finding new uses for historic commercial buildings and stimulating investment in property. To succeed, this committee must develop a thorough understanding of the community's economic condition and opportunities for incremental market growth. Specifically: * Strengthening existing businesses and recruiting new ones, * Finding new economic uses for traditional main street buildings, * Developing financial incentives and capital for building rehabilitations and business development; * Monitoring the economic performance of the district. * Economic restructuring plan.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “Downtown blackstone, inc. will provide leadership in developing and promoting downtown blackstone as an inviting place to visit and shop, a productive place to work and a profitable place to invest. we will accomplish this mission * through building partnerships and coalitions with merchants, property owners, developers and government entities; * through working to enhance and improve the look and feel of the downtown streetscape; and * through fostering vibrance that attracts development and redevelopment.these activities will resul in long-term sustaniable growth in the downtown business community.”.

When detailing its functions, they were listed as: “As an inviting place to visit and shop, a productive place to work and a profitable place to invest. we will accomplish this mission * through building partnerships and coalitions with merchants, property owners, developers and government entities; * through working to enhance and improve the look and feel of the downtown streetscape; and * through fostering vibrance that attracts development and redevelopment.”.

  • According to the law, the state where the non-profit operates has been reported as VA.
  • The filing specifies that the non-profit's address in 2020 was 217 N HIGH STREET, BLACKSTONE, VA, 23824.
  • As of 2020, the non-profit's form shows they have a total of 1 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is $8,083.
  • The remuneration plan for the CEO of the organization is not based on a review and endorsement process by an independent body.
  • The organization has 0 independent voting members.
  • The organization was formed in 2007.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $38,688 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.

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