Louisa Downtown Development Corporation

Louisa Downtown Development Corporation

Louisa, VA 23093
Tax ID54-2148881

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About this organization

Revenue

$353,279

Expenses

$323,145

Mission

Preserve historic properties and provide and promote arts and culture in the community.

About

The organization is raising money to continue to manage ahistoric building in the Town of Louisa which is being used as a community arts center. Art, musical, educational and other cultural programs are offered to the community.

Interesting data from their 2020 990 filing

The non-profit's mission is outlined in the filing as being “Preserve historic properties and provide and promote arts and culture in the community.”.

When outlining its responsibilities, they were referred to as: “Preserve historic properties and provide and promote arts and culture in the community.”.

  • The state in which the non-profit operates has been officially reported as VA.
  • The filing reveals the non-profit's address in 2020 to be 46 Rock Creek Lane, Louisa, VA, 23093.
  • As per the non-profit's form for 2020, they have 5 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $30,134.
  • The CEO salary policy within the organization is subject to review and endorsement by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 13 independent voting members.
  • The organization was formed in 2004.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $124,303 in salary, compensation, and benefits to its employees.
  • The organization pays $19,571 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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