AI Summary
The Downtown Statesville Development Corporation Inc is a nonprofit organization dedicated to community improvement through the historic preservation and enhancement of downtown Statesville. With an operating budget of $320.7K and total revenue of $288.4K for the filing year 2025, the organization plays a crucial role in promoting downtown as a hub for economic growth, social experiences, and cultural arts in the region.
Mission Statement
DOWNTOWN STATESVEILLE DEVELOPMENT CORPORATION, INC. IS A NONPROFIT ORGANIZATION THAT EXISTS TO PROVIDE LEADERSHIP DEDICATED TO THE HISTORIC PRESERVATION AND ENHANCEMENT OF DOWNTOWN STATESVILLE. OUR ORGANIZATION PROMOTES DOWNTOWN AS THE PRIMARY CENTER FOR ECONOMIC GROWTH OPPORTUNITIES, SOCIAL EXPERIENCES AND CULTURAL ARTS IN STATESVILLE.
Cause Areas
1
Community improvement
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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 Downtown Statesville Development Corporation Inc’s budget?
In 2024, Downtown Statesville Development Corporation Inc reported an annual operating budget of around $306 thousand. More detailed financial information is available to registered users.
What causes does Downtown Statesville Development Corporation Inc support?
Downtown Statesville Development Corporation Inc supports work in Community improvement.
Where does Downtown Statesville Development Corporation Inc operate?
Downtown Statesville Development Corporation Inc is headquartered in Statesville, NC.
What is Downtown Statesville Development Corporation Inc’s reliance on government grants?
Downtown Statesville Development Corporation Inc relied on government grants for more than 60% of their total revenue in 2024.