Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Downtown New Bedford Inc is a nonprofit organization focused on urban and economic development, dedicated to the historic preservation, protection, and utilization of the traditional downtown area of New Bedford, MA. With an operating budget of $123.7K and total revenue of $118.5K for the filing year 2024, the organization receives significant support from funders such as BRISTOL COUNTY SAVINGS CHARITABLE FOUNDATION INC and NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL INC. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

To promote the historic preservation protection and use of the New Bedford MA traditional downtown area.
Revenues
$118.5K
Expenses
$123.7K
Net Income:
-$5.2K
Assets
$4.4K
Liabilities
$8K
Net Assets:
-$3.6K
Operating Budget
$123.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$32K
Largest grant received
$32K
E
Elissa Paquette
Board Member
A
Amanda Desrosiers
Board Member
C
Craig Paiva
Board Member

Frequently Asked Questions

What is Downtown New Bedford Inc’s budget?
In 2024, Downtown New Bedford Inc reported an annual operating budget of around $124 thousand. More detailed financial information is available to registered users.
What causes does Downtown New Bedford Inc support?
Downtown New Bedford Inc supports work in Urban development and Economic development.
Where does Downtown New Bedford Inc operate?
Downtown New Bedford Inc is headquartered in New Bedford, MA.
Who funded Downtown New Bedford Inc recently?
In 2023, Downtown New Bedford Inc received grants from NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL INC, NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL INC, and NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL INC. More information on this organization’s funders is available to registered users.
What is the largest grant Downtown New Bedford Inc received in 2023?
The largest grant to Downtown New Bedford Inc in 2023 exceeds $32 thousand.