Nonprofit · EIN 47-4416450
DOWNTOWN BELLEFONTE INC
Tax-exempt · BELLEFONTE, PA 16823
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $127,234 | $175,252 | -$48,018 | $69,896 | $25,787 | $44,109 |
| December 31, 2023 | 990-EZ | $119,697 | $177,089 | -$57,392 | $110,948 | $18,821 | $92,127 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $72,227
- Program service revenue
- $42,343
- Investment income
- $225
- Net income from fundraising events
- $12,439
Expenses
- Grants and similar amounts paid
- $7,500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $62,801
- Professional fees and payments to contractors
- $34,850
- Occupancy
- $24,313
- Printing, publications and postage
- $1,257
- Other expenses
- $44,531
- Program services (functional)
- $130,528
Balance sheet and other
- Total assets, start of year
- $110,948
- Total assets, end of year
- $69,896
- Total liabilities, end of year
- $25,787
- Net assets, end of year
- $44,109
- Cash, savings and investments
- $48,591
- Gross receipts
- $170,757
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Scott | President | 6 | $0 |
| Ellen Matis | Vice President | 6 | $0 |
| Nate McFadden | Treasurer | 2 | $0 |
| Amy Debach | Secretary | 2 | $0 |
| Rod Beard | Director | 1 | $0 |
| Steve Brawley | Director | 1 | $0 |
| Edward Stoddard | Director | 1 | $0 |
| Ryan Lowe | Director | 1 | $0 |
| Holly Wilson | Director | 1 | $0 |
| Joseph Minich | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Scott | President | 6 | $0 |
| Ellen Matis | Past President | 2 | $0 |
| Nate McFadden | Treasurer | 2 | $0 |
| Stephanie Peters | Secretary | 2 | $0 |
| Rod Beard | Member | 1 | $0 |
| Steve Brawley | Member | 1 | $0 |
| Amy Debach | Member | 1 | $0 |
| Edward Stoddard | Member | 1 | $0 |
| Ryan Lowe | Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 320 W HIGH ST, BELLEFONTE, PA 16823-1304
- In care of
- % LORRAINE MULFINGER
- Mailing address (990-N for 2017)
- 236 W Lamb St, Bellefonte PA 16823
- Principal officer (990-N for 2017)
- Rodney A Beard, 101A N Allegheny Street, Bellefonte PA 16823
- Signed the 990-EZ
- Steve Brawley, President
- Phone
- (814) 548-7532
- Return prepared by
- Ridgeline Business Solutions LLC
Mission
To promote community and economic development in Downtown Bellefonte
Program accomplishments
- To promote community and economic development in downtown BellefonteExpenses $130,528 · grants $7,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-4416450
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $69,896
- Income (IRS master file)
- $170,757
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $127,234 | $175,252 | $69,896 | XML |
| 990-EZ | December 2023 | $119,697 | $177,089 | $110,948 | XML |
| 990 | December 2022 | $192,079 | $150,623 | $156,156 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Rodney A Beard | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4416450).
Questions about DOWNTOWN BELLEFONTE INC
- What is the EIN of DOWNTOWN BELLEFONTE INC?
- The employer identification number (EIN) of DOWNTOWN BELLEFONTE INC is 47-4416450.
- Is DOWNTOWN BELLEFONTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to DOWNTOWN BELLEFONTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN BELLEFONTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DOWNTOWN BELLEFONTE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOWNTOWN BELLEFONTE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of DOWNTOWN BELLEFONTE INC?
- The 990-N for 2017 names Rodney A Beard.
- Who are the officers and directors of DOWNTOWN BELLEFONTE INC?
- The 990-EZ for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does DOWNTOWN BELLEFONTE INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $127,234, expenses of $175,252 and total assets of $69,896 at year end.
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All nonprofits in BELLEFONTE · Pennsylvania · Community improvement and capacity building