Overview

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Est.

2012

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

DOWNTOWN PKB INC is a nonprofit organization focused on urban development in Parkersburg, West Virginia. Its mission is to promote the downtown area by fostering economic opportunity and community vitality, aiming to create a vibrant commercial district that serves local businesses and residents. With an operating budget of $353.3K and total revenue of $423.5K, the organization benefits from key funders including AARP, THE ROSS FOUNDATION INC, and PARKERSBURG AREA COMMUNITY FOUNDATION INC, none of which provide more than 50% of its revenue. More information can be found on their website at www.downtownpkb.com.

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.
Revenues
$423.5K
Expenses
$353.3K
Net Income:
+$70.2K
Assets
$277.7K
Liabilities
$5.8K
Net Assets:
+$271.9K
Operating Budget
$353.3K
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
3
Median grant size
$16K
Largest grant received
$50K
A
Amanda Stevens
Board Member
R
Rachel Poling
Board Member
V
Vinnie Conley
Board Member

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.