Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1972.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
17 people listed on the 990; $93K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Raymond Worley | — | $93,352 | $92,704 | $95,778 | $87,031 | $90,686 |
| Raymond Worley Resigned | $93,428 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Fosters a thriving business community with diverse shops, services, and entertainment.
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Cultivate and sustain a vibrant business community represented by a balance of retail, professional, service, dining and entertainment entrepreneurs. Total members for the year were approximately 170.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $196K | $157K |
| Land, buildings, equipmentLn 10c | $10K | $7K |
| Total assetsLn 16 | $286K | $194K |
| LiabilitiesLn 26 | $128K | $150K |
| Net assetsLn 32 | $158K | $44K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $53K | |||
| Pay of current officers, directors and key staffLn 5 | $98K | |||
| Other salaries and wagesLn 7 | $169K | |||
| Pension plan contributionsLn 8 | $5K | |||
| Payroll taxesLn 10 | $17K | |||
| Accounting feesLn 11c | $9K | |||
| Advertising and promotionLn 12 | $22K | |||
| Office expensesLn 13 | $12K | |||
| OccupancyLn 16 | $22K | |||
| Conferences, conventions and meetingsLn 19 | $794 | |||
| InterestLn 20 | $2K | |||
| Depreciation, depletion and amortizationLn 22 | $3K | |||
| InsuranceLn 23 | $16K | |||
| Other expenses (24a–d)Ln 24 | $117K | |||
| Total functional expensesLn 25 | $543K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $508K | $506K | $2K | $158K | 990 PDF |
| FY2023 | $444K | $457K | −$13K | $156K | 990 PDF |
| FY2022 | $409K | $358K | $51K | $169K | 990 PDF |
| FY2021 | $342K | $315K | $27K | $119K | 990 PDF |
| FY2020 | $363K | $363K | $124 | $91K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $428,898 across 6 lines filed
Part IX · Statement of functional expenses $542,754 across 14 lines filed
Part X · Balance sheet $194,236 assets, 13 lines filed
Part XI · Reconciliation of net assets $44,360 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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