EIN 39-1402470

Downtown Racine Corporation

IRS 501(c) type
501(c)(3)
Num. employees
12
City
Year formed
1989
Most recent tax filings
2023-12-01
Description
Downtown Racine Corporation proactively promotes the retention of existing businesses and recruitment of new ones to achieve continued economic growth, and aesthetic and recreational revitalization in downtown Racine.
Total revenues
$222,246
2023
Total expenses
$224,940
2023
Total assets
$153,235
2023
Num. employees
12
2023

Program areas at Downtown Racine Corporation

To promote continued economic growth and aesthetic and recreational revitalization of downtown Racine by being proactive in the retention of existing businesses and recruitment of new business to the area.

Who funds Downtown Racine Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lang Family FoundationSupport for the County$1,500
The Johnson Foundation at WingspreadGeneral Donation$1,250
Ec Styberg FoundationGeneral Support$1,000

Personnel at Downtown Racine Corporation

NameTitleCompensation
Kelly KruseExecutive Director$92,641
Tricia BlaskoSecretary$0
Barry FriesTreasurer$0
Austin SchultzVice Chairman / Secretary / Director$0
Tim MasonVice Chairman$0
...and 10 more key personnel

Financials for Downtown Racine Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$33,190
Program services$0
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$123,548
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$65,508
Total revenues$222,246

Form 990s for Downtown Racine Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-29990View PDF
2022-122023-08-31990View PDF
2021-122022-09-09990View PDF
2020-122021-09-16990View PDF
2019-122021-02-24990View PDF
...and 9 more Form 990s

Organizations like Downtown Racine Corporation

OrganizationLocationRevenue
Greater Freeport PartnershipFreeport, IL$1,055,011
Saratoga Economic Development CorporationSaratoga Springs, NY$965,781
Haverford Partnership for Economic DevelopmentHavertown, PA$165,108
World Trade Center of Greater PhiladelphiaPhiladelphia, PA$720,721
Downtown San AngeloSan Angelo, TX$237,827
Green County Development CorporationMonroe, WI$418,537
Downtown LimaLima, OH$161,470
Southbank PartnersNewport, KY$388,928
Darlington Community RevitalizationDarlington, WI$133,325
Pine Bluff Downtown DevelopmentPine Bluff, AR$151,625
Data update history
October 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 24, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 24, 2024
Updated personnel
Identified 2 new personnel
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from Ec Styberg Foundation
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $1,250 from The Johnson Foundation at Wingspread
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
MembershipsFundraising eventsState / local levelTax deductible donationsAccepts online donations
General information
Address
425 Main St
Racine, WI 53403
Metro area
Racine, WI
County
Racine County, WI
Website URL
racinedowntown.com/ 
Phone
(262) 634-6002
IRS details
EIN
39-1402470
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
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
Free account sign-up

Want updates when Downtown Racine Corporation has new information, or want to find more organizations like Downtown Racine Corporation?

Create free Cause IQ account