Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Downtown Lima Inc. is a nonprofit membership organization focused on economic development and business promotion in Lima, Ohio. With an operating budget of $156.4K and total revenue of $168.2K for the 2024 filing year, the organization aims to stimulate economic growth, enhance the downtown area's appearance, and foster a positive image as a desirable place to work, live, shop, and invest. It does not rely on a single funder for 50% or more of its revenue. For more information, visit www.visitdowntownlima.com.

Mission Statement

DOWNTOWN LIMA, INC., IS A NON-PROFIT, MEMBERSHIP ORGANIZATION WHOSE MISSION IS TO STIMULATE ECONOMIC DEVELOPMENT, IMPROVE THE APPEARANCE AND CREATE A POSITIVE IMAGE OF THE DOWNTOWN AS A DESIRABLE PLACE TO WORK, LIVE, SHOP AND INVEST.
Revenues
$168.2K
Expenses
$156.4K
Net Income:
+$11.9K
Assets
$235.9K
Liabilities
$7.1K
Net Assets:
+$228.7K
Operating Budget
$156.4K
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
$5K
Largest grant received
$5K
C
Cricket Rodriguez
Board Member
C
Cheryl Verhoff
Board Member
C
Chad Strearns
Board Member

Frequently Asked Questions

What is DOWNTOWN LIMA INC’s budget?
In 2024, DOWNTOWN LIMA INC reported an annual operating budget of around $156 thousand. More detailed financial information is available to registered users.
What causes does DOWNTOWN LIMA INC support?
DOWNTOWN LIMA INC supports work in Business promotion and Economic development.
Where does DOWNTOWN LIMA INC operate?
DOWNTOWN LIMA INC is headquartered in Lima, OH.
Who funded DOWNTOWN LIMA INC recently?
In 2023, DOWNTOWN LIMA INC received grants from FIRST FINANCIAL FOUNDATION, The Shirley J Daley Community Scholarship Fund, and The Shirley J Daley Community Scholarship Fund. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN LIMA INC received in 2023?
The largest grant to DOWNTOWN LIMA INC in 2023 exceeds $5,000.