ADAC INC
AI Summary
ADAC INC, operating under the name Auburn Main Street, is a nonprofit organization focused on economic development in Auburn, aiming to reverse the decline of downtown and promote its preservation and rehabilitation as a vibrant center for commerce and social activity. With an operating budget of $151.6K and total revenue of $287.2K for the filing year 2024, the organization seeks to create a sustainable environment for residents and businesses alike. Notably, ADAC INC does not rely on a single funder for 50% or more of its revenue. For more information, visit www.auburnmainstreet.org.
Mission Statement
ADAC, INC., DBA AUBURN MAIN STREET WAS ORGANIZED TO REVERSE THE DECLINE OF DOWNTOWN AUBURN AND TO PRESERVE AUBURN AS A HEALTHY AND ECONOMICALLY VITAL CENTER OF COMMERCE AND SOCIAL ACTIVITY BY PROMOTING THE PRESERVATION, REHABILITATION, AND REUSE OF COMMERCIAL, CIVIC, RESIDENTIAL AND OTHER BUILDING IN THE CITY. THE DESIRE IS TO ENABLE DOWNTOWN AUBURN TO BE A SUSTAINABLE, THRIVING PLACE TO LIVE, WORK AND GROW.
Cause Areas
1
Economic development
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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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Frequently Asked Questions
What is ADAC INC’s budget?
In 2024, ADAC INC reported an annual operating budget of around $152 thousand. More detailed financial information is available to registered users.
What causes does ADAC INC support?
ADAC INC supports work in Economic development.
Where does ADAC INC operate?
ADAC INC is headquartered in Auburn, IN.
Who funded ADAC INC recently?
In 2024, ADAC INC received grants from THE US CHARITABLE GIFT TRUST, SIMON & LOUISE HENDERSON FOUNDATION, and JASON AND JOANN SWEITZER FAMILY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant ADAC INC received in 2024?
The largest grant to ADAC INC in 2024 exceeds $10 thousand.