Uptown Partnership FY2023 filing

Tax-deductible

Martinsville, VA501(c)(3)Community DevelopmentEIN 84-4706780Revenue $144K in FY2023

On file with the IRSuptownpartnership.comPo Box 468, 24114-0468 · Martinsville, VATax-exempt since Jan 2021Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

Increase the stock of high quality housing. Champion the development of diverse businesses, dining and entertainment options. To support therehabilitation of existing buildings and build a vibrant community identity with support and frequent communication.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $45K a year · 23% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
17 mo
of spending, in cash
Looks good: 17.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 12 voting members
Concern: none of 12 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$144K
-62% vs prior year
Spent
$124K
To programs
0%
Net assets
$176K
By yearFY2020–FY2024
Revenue
$144K
FY2023▼ -62%
Tap a bar for its year
Revenue by fiscal year
FY2020$60
FY2021$248K
FY2022$381K
FY2023$144K
FY2024$202K
Expenses
$124K
FY2023▼ -61%
Tap a bar for its year
Expenses by fiscal year
FY2020$0
FY2021$159K
FY2022$315K
FY2023$124K
FY2024$152K
Net assets
$176K
FY2023▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$60
FY2021$90K
FY2022$156K
FY2023$176K
FY2024$227K

From the FY2023 Form 990 · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 98% · $121K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Spencer Koger’s $62K as Executive Director is at the 39th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Uptown Partnership executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 15aYes

Programs and updates

Builds affordable housing, supports local businesses, and revitalizes buildings to create a vibrant community.

Questions for Uptown Partnership

Tap to ask. Uptown Partnership sees how many people are interested.

Your first name shows with your question. Uptown Partnership answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2023
01

Keeping in contact with business leaders to encourage support of businesses and activities to revitalize the uptown area being active in the community and supportive of local activities to promote our area

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$144K
Ln 12
Gifts and grantsLn 1h$144K
Money outPt IX
$124K
Ln 25
Managementcol C$121K
Owns and owesPt X
$176K
net assets · Ln 32
Cash and savingsLn 1–2$176K
Total assetsLn 16$176K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$144K
Government grantsLn 1e$12K
Total revenueLn 12$144K
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$128K
Cash and savings togetherLn 1–2$176K
Total assetsLn 16$176K
LiabilitiesLn 26$0
Net assetsLn 32$176K
OperationsPt I, VI
EmployeesI 51
VolunteersI 616
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$156K$176K
Total assetsLn 16$156K$176K
LiabilitiesLn 26$0$0
Net assetsLn 32$156K$176K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$46K$46K
Pension plan contributionsLn 8$3K$3K
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$4K$4K
Accounting feesLn 11c$4K$4K
Professional fundraising feesLn 11e$200
Other fees for servicesLn 11g$8K$6K
Advertising and promotionLn 12$24K$24K
Office expensesLn 13$7K$7K
OccupancyLn 16$14K$14K
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$5K$5K
InsuranceLn 23$1K$1K
Total functional expensesLn 25$124K$0$121K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $202K$152K$50K$227K 990 PDF
FY2023 Viewing $144K$124K$20K$176K 990 PDF
FY2022 $381K$315K$66K$156K 990 PDF
FY2021 $248K$159K$90K$90K 990 PDF
FY2020 $60$0$60$60 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $143,515 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $380,866$143,515
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $380,866$143,515
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $81,488$57,257
I-16a Professional fundraising fees$200
I-17 Other expensesPrior year $233,344$66,271
I-18 Total expensesPrior year $314,832$123,728
I-19 Revenue less expensesPrior year $66,034$19,787
Part VI · Governance 0 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $143,515 across 4 lines filed
VIII-1e Government grants$12,000
VIII-1f All other contributions, gifts and grants$131,515
VIII-1h Total contributions, gifts and grants$143,515
VIII-12 Total revenue$143,515
Part IX · Statement of functional expenses $123,728 across 13 lines filed
IX-7 Other salaries and wagesManagement $46,500$46,500
IX-8 Pension plan contributionsManagement $3,200$3,200
IX-9 Other employee benefitsManagement $4,000$4,000
IX-10 Payroll taxesManagement $3,557$3,557
IX-11c Accounting feesManagement $4,318$4,318
IX-11e Professional fundraising fees$200
IX-11g Other fees for servicesManagement $5,555$8,431
IX-12 Advertising and promotionManagement $24,038$24,038
IX-13 Office expensesManagement $6,645$6,645
IX-16 OccupancyManagement $14,168$14,168
IX-17 TravelManagement $2,823$2,823
IX-19 Conferences, conventions and meetingsManagement $4,722$4,722
IX-23 InsuranceManagement $1,126$1,126
IX-25 Total functional expensesPrograms $0 · Management $120,652 · Fundraising $0$123,728
Part X · Balance sheet $175,551 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $155,764$47,226
X-2 Savings and temporary cash investments$128,325
X-16 Total assetsStart of year $155,764$175,551
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $155,764$175,551
X-33 Total liabilities and net assetsStart of year $155,764$175,551
Part XI · Reconciliation of net assets $175,551 net assets at year end
XI-1 Total revenue$143,515
XI-2 Total expenses$123,728
XI-3 Revenue less expenses$19,787
XI-4 Net assets at start of year$155,764
XI-10 Net assets at end of year$175,551

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.