DOWNTOWN PKB INC
AI Summary
DOWNTOWN PKB INC is a Parkersburg, West Virginia-based nonprofit focused on urban development, promoting downtown Parkersburg to foster economic opportunity and community vitality through revitalization, business support, and downtown amenities. For 2024, it reported an operating budget of $353.3K and total revenue of $423.5K, with support from funders including THE ROSS FOUNDATION INC, BERNARD MCDONOUGH FOUNDATION INC, and PARKERSBURG AREA COMMUNITY FOUNDATION INC (PREVIOUSLY PACF INC).
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Mission Statement
DOWNTOWN PKB PROMOTES DOWNTOWN PARKERSBURG, FOSTERS ECONOMIC OPPORTUNITY AND CREATES COMMUNITY VITALITY. THE GOAL IS TO CREATE A VIBRANT COMMERCIAL DISTRICT THAT WILL PROVIDE DOWNTOWN BUSINESSES, WORKERS AND NEARBY RESIDENTS WITH GOODS AND SERVICES THEY NEED, AS WELL AS CREATE EDUCATIONAL, ENTERTAINMENT AND TOURISM OPPORTUNITIES. IN 2010, THE CITY OF PARKERSBURG APPLIED TO BE PART OF THE WEST VIRGINIA ONTRAC (ORGANIZATION, TRAINING, REVITALIZATION AND CAPACITY) PROGRAM AND WAS SELECTED TO PARTICIPATE. THE ONTRAC PROGRAM WAS CREATED BY MAIN STREET WEST VIRGINIA AND THE NATIONAL HISTORIC TRUST TO HELP CITIES CREATE A COMPREHENSIVE APPROACH TO ECONOMIC REVITALIZATION AND HISTORIC PRESERVATION BY FOCUSING ON FOUR KEY AREAS: DESIGN, PROMOTION, ECONOMIC RESTRUCTURING AND ORGANIZATION.
Cause Areas
1
Urban 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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- 5 funders
- 61 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
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Frequently Asked Questions
What is DOWNTOWN PKB INC’s budget?
In 2024, DOWNTOWN PKB INC reported an annual operating budget of around $353 thousand. More detailed financial information is available to registered users.
What causes does DOWNTOWN PKB INC support?
DOWNTOWN PKB INC supports work in Urban development.
Where does DOWNTOWN PKB INC operate?
DOWNTOWN PKB INC is headquartered in Parkersburg, WV.
Who funded DOWNTOWN PKB INC recently?
In 2024, DOWNTOWN PKB INC received grants from THE ROSS FOUNDATION INC, BERNARD MCDONOUGH FOUNDATION INC, and Camden-Clark Memorial Hospital Corporation. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN PKB INC received in 2024?
The largest grant to DOWNTOWN PKB INC in 2024 exceeds $50 thousand.
What is DOWNTOWN PKB INC’s reliance on government grants?
DOWNTOWN PKB INC relied on government grants for more than 15% of their total revenue in 2024.
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