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Nonprofiteer
← DOWNTOWN PKB INC

Form 990 for tax year 2024

Filed by DOWNTOWN PKB INC.

Totals

Total revenue
$423,548
Total expenses
$353,328
Contributions and grants received
$309,676
Grants paid
$0
Program service revenue
$103,225
Investment income
$10,647
Other revenue
$0
Total assets, end of year
$277,716
Total liabilities, end of year
$5,782
Net assets or fund balances, end of year
$271,934
Program services expenses (Part IX)
$273,511
Management and general expenses
$73,205
Fundraising expenses
$6,612
Program service expenses (Part III)
$273,511

Program services were 77.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $78,268

  • 1f · All other contributions, gifts and grants

    $231,408

  • 2a · Program service revenue: TASTE OF PARKERSBURG

    total $66,357 · excluded $66,357

  • 2b · Program service revenue: DOWNTOWN THROWDOWN

    total $28,758 · excluded $28,758

  • 2c · Program service revenue: CONCERT SERIES

    total $8,110 · excluded $8,110

  • 3 · Investment income

    total $10,647 · excluded $10,647

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $66,121 · program services $26,448 · management and general $33,061 · fundraising $6,612

  • 7 · Other salaries and wages

    total $83,855 · program services $83,715 · management and general $140

  • 8 · Pension plan contributions

    total $2,119 · management and general $2,119

  • 10 · Payroll taxes

    total $9,180 · management and general $9,180

  • 11c · Fees: accounting

    total $1,200 · management and general $1,200

  • 11g · Fees: other

    total $26,190 · program services $21,853 · management and general $4,337

  • 12 · Advertising and promotion

    total $12,955 · program services $12,698 · management and general $257

  • 13 · Office expenses

    total $7,931 · program services $1,070 · management and general $6,861

  • 16 · Occupancy

    total $11,221 · management and general $11,221

  • 17 · Travel

    total $736 · program services $127 · management and general $609

  • 19 · Conferences, conventions and meetings

    total $1,892 · program services $474 · management and general $1,418

  • 23 · Insurance

    total $2,802 · management and general $2,802

  • 24a · Other expenses: EVENT SUPPLIES & SET UP

    total $127,126 · program services $127,126

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $30,336 · end of year $43,726

  • 2 · Savings and temporary cash investments

    beginning of year $176,980 · end of year $233,990

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,602 · end of year $5,782

  • 27 · Net assets without donor restrictions

    beginning of year $201,714 · end of year $271,934

Mission and programs · 2024

Mission

DOWNTOWN PKB PROMOTES DOWNTOWN PARKERSBURG, FOSTERS ECONOMIC OPPORTUNITY AND CREATES COMMUNITY VITALITY. THE GOAL IS TO CREATE A VIBRANT COMMERCIAL DISTRICT THAT WILL PROVIDE DOWNTOWN BUSINESSES, WORKERS AND NEARBY RESIDENTS WITH GOODS AND SERVICES THEY NEED, AS WELL AS CREATE EDUCATIONAL, ENTERTAINMENT AND TOURISM OPPORTUNITIES. IN 2010, THE CITY OF PARKERSBURG APPLIED TO BE PART OF THE WEST VIRGINIA ONTRAC (ORGANIZATION, TRAINING, REVITALIZATION AND CAPACITY) PROGRAM AND WAS SELECTED TO PARTICIPATE. THE ONTRAC PROGRAM WAS CREATED BY MAIN STREET WEST VIRGINIA AND THE NATIONAL HISTORIC TRUST TO HELP CITIES CREATE A COMPREHENSIVE APPROACH TO ECONOMIC REVITALIZATION AND HISTORIC PRESERVATION BY FOCUSING ON FOUR KEY AREAS: DESIGN, PROMOTION, ECONOMIC RESTRUCTURING AND ORGANIZATION.

  • TASTE OF PARKERSBURG

    Expenses $44,685 · Revenue $66,357

  • DOWNTOWN THROWDOWN

    Expenses $22,242 · Revenue $28,758

  • POINT PARK CONCERT SERIES - PROMOTE DOWNTOWN PARKERSBURG THROUGH THE OPERATION OF SPECIAL EVENTS.

    Expenses $28,407 · Revenue $8,110

  • ALL OTHER PROGRAMS AND SPECIAL EVENTS, TO STIMULATE AND RESTORE VIABILITY TO THE DOWNTOWN PARKERSBURG AREA.

    Expenses $178,177

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Amanda Stevens

    EXECUTIVE DI

    Total calculated
    $66,121
    From this org
    $66,121
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Wendy Shriver

    SECRETARY

    Total calculated
    $0
  • Lindsey Piersol

    DIRECTOR

    Total calculated
    $0
  • Marvin Edwards

    PRESIDENT

    Total calculated
    $0
  • John Nicholson

    TREASURER

    Total calculated
    $0
  • Lindsey Anderson

    VICE PRESIDE

    Total calculated
    $0
  • Ryan Barber

    DIRECTOR

    Total calculated
    $0
  • Vinnie Conley

    DIRECTOR

    Total calculated
    $0
  • Sharon Kesselring

    DIRECTOR

    Total calculated
    $0
  • Mark Lewis

    DIRECTOR

    Total calculated
    $0
  • Roger Lockhart

    DIRECTOR

    Total calculated
    $0
  • Rachel Poling

    DIRECTOR

    Total calculated
    $0
  • Lee Rector

    DIRECTOR

    Total calculated
    $0
  • Jessie Siefert

    DIRECTOR

    Total calculated
    $0
  • Zak Huffman

    DIRECTOR

    Total calculated
    $0
  • Sydney Weber

    DIRECTOR

    Total calculated
    $0
  • Jared Mugrage

    DIRECTOR

    Total calculated
    $0
  • Eric Hillyard-Poling

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.0
Source object
202503109349301510

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