EIN 20-8761491

Downtown Blackstone

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2007
Most recent tax filings
2023-12-01
Description
Downtown Blackstone promotes an inviting and productive place to visit, work, and invest through partnerships, economic restructuring, and design.
Total revenues
$117,452
2023
Total expenses
$74,871
2023
Total assets
$110,257
2023
Num. employees
1
2023

Program areas at Downtown Blackstone

Economic restructuring - the economic restructuring committee has the job of identifying new market opportunities for the traditional commercial district, finding new useds for historic commercial buildings and stimulating investment in property. To succeed, this committee must develop a thorough understanding of the community's economic condition and opportunities for incremental market growth. Specifically: * strengthening existing businesses and recruiting new ones, * finding new economic uses for traditional main street buildings, * developing financial incestives and capital for building rehabilitations and business development; * monitoring the economic performance of the district. * economic restructuring plan.
Promotions and organization - these committees have the job of promoting Downtown as the center of commerce, culture and community life for residents and visitors alike. To be effective they must move beyond cookie-cutter Downtown promotion ideas. Specifically - * understanding the changing market - identifying both potential shoppers and the competition; * identifying Downtown assets - including people, buildings, heritage and institutions; * defining main streets market niche - its unique position in the marketplace:
Design - the design committee plays a key role in shaping the physical image of main street as a place attractive to shoppers, investors, business owners and visitors. To succeed this committee must persuade business owners, building owners and civic leaders to adopt a specific approach for physical improvements to buildings, businessess and public improvements. Specifically - * educating others about good design, - enhancing the image of each business as well as that of the district, * providing good design advice - encouraging quality improvements to private properties and public spaces;

Who funds Downtown Blackstone

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dominion Energy Charitable Foundation46th Annual Blackstone Grand Illumination & Holiday Open House$3,000
AmazonSmile FoundationGeneral Support$5

Personnel at Downtown Blackstone

NameTitleCompensation
Emma WrightExecutive Director$0
Justin SarafinPast Executive Director$33,917
Susan JenkinsTreasurer$0
Kelly ChaneyVice President$0
Taylor QuickeDirector$0
...and 4 more key personnel

Financials for Downtown Blackstone

RevenuesFYE 12/2023
Total grants, contributions, etc.$109,442
Program services$8,010
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$117,452

Form 990s for Downtown Blackstone

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-29990View PDF
2022-122023-08-18990View PDF
2021-122022-08-05990View PDF
2020-122021-08-20990View PDF
2019-122020-09-01990View PDF
...and 9 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 1 new grant, including a grant for $3,000 from Dominion Energy Charitable Foundation
October 5, 2023
Updated personnel
Identified 5 new personnel
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 4, 2023
Updated personnel
Identified 3 new personnel
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
217 N High St
Blackstone, VA 23824
Metro area
Richmond, VA
County
Nottoway County, VA
Website URL
downtownblackstone.org/ 
Phone
(434) 292-3041
IRS details
EIN
20-8761491
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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