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Cool Spring Downtown District Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820832831 ✦ Fayetteville, NC ✦ Designated as a 501(c)(3)

Overview

What is Cool Spring Downtown District Inc?

Cool Spring Downtown District Inc is a nonprofit organization situated in Fayetteville's city center. Its primary mission is to cultivate and maintain an arts and entertainment district, boosting various cultural events and activities within the downtown area. By doing so, it transforms the district into a lively hub of artistic, cultural, civic, and commercial engagement. This nonprofit serves as a platform for community members to connect, celebrate creativity, and foster a sense of unity.


Official website here: www.visitdowntownfayetteville.com

Is Cool Spring Downtown District Inc legitimate?

Cool Spring Downtown District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cool Spring Downtown District Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,594

For more financial information, click here


Official website here: www.visitdowntownfayetteville.com

What is the mission statement of Cool Spring Downtown District Inc?

Cool Spring Downtown District Inc's mission is to establish and maintain an arts and entertainment hub in the city center. This organization actively promotes and encourages various cultural events within the downtown district of an unspecified city. By doing so, Cool Spring Downtown District serves as a lively hub for artistic, cultural, civic, and commercial activities, fostering a sense of community and celebration of creativity.


Official website here: www.visitdowntownfayetteville.com

Who is the CEO of Cool Spring Downtown District Inc?

Molly Arnold is the Chair of Cool Spring Downtown District Inc.


Official website here: www.visitdowntownfayetteville.com

What is the revenue of Cool Spring Downtown District Inc?

Cool Spring Downtown District Inc's revenue in 2023 was $917,731.


Official website here: www.visitdowntownfayetteville.com

Who are the executives of Cool Spring Downtown District Inc and what are their salaries?

The average compensation at Cool Spring Downtown District Inc during 2023 was $57,148. There are 4 employees and 100 volunteers at Cool Spring Downtown District Inc.

Here are 21 key members and their salaries:

    Molly Arnold (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Pennink (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wesley Fountain (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Choi (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Haskins (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Woodhouse (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dwight Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ebony Mcneill (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ande Thomas (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Strother (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theodore W Mohn (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert M Van Geons (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Bank-Mclaughlin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isaac Halverson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lejuane Bowens (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isabella Effon (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shakeyla Ingram (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Cauley (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C John Malzone (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anna Hodges-Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.visitdowntownfayetteville.com

    Where can I find the form 990 for Cool Spring Downtown District Inc?

    The Cool Spring Downtown District Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.visitdowntownfayetteville.com

    Learn more at the official website: www.visitdowntownfayetteville.com

    Mission Statement of Cool Spring Downtown District Inc

    Cool Spring Downtown District, as an organization, is dedicated to establishing and maintaining a thriving arts and entertainment district at the heart of the city. Its mission is to foster and encourage various artistic and cultural events within Fayetteville's Downtown District, transforming it into a lively hub of artistic, cultural, civic, and commercial activities. The district serves as a gathering place where individuals connect and celebrate creativity and community. By promoting and supporting multiple events, Cool Spring Downtown District contributes to making the city center a dynamic and engaging destination for both locals and visitors alike.

    Impact

    This information is meant to be a general summary of Cool Spring Downtown District Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Cool Spring Downtown District Inc's impact is evident in the vibrant arts and entertainment district it has created in the core of Fayetteville, NC. By promoting and supporting multiple arts and cultural events in the Downtown District, it has transformed the area into a hub of artistic, cultural, civic, and commercial activity. Cool Spring Downtown District serves as a place where people gather to celebrate creativity and foster a sense of community. Its efforts have undoubtedly revitalized the downtown area and enriched the cultural fabric of the city.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4
  • Program Service Revenue: $145,643
  • Gross Receipts: $1,021,543

    • Assets and Liabilities:
  • Total Assets: $340,186
  • Total Liabilities: $10,918
  • Net Assets: $329,268
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Molly Arnold

    Main Address

    222 HAY STREET, FAYETTEVILLE, NC, 28301

    NTEE Category

    Code: A99 - Arts

    If you are a representative of Cool Spring Downtown District Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.