Form 990 for tax year 2022
Filed by CLEARFIELD REVITALIZATION CORPORATION.
Totals
- Total revenue
- $50,944
- Total expenses
- $72,258
- Contributions and grants received
- $10,266
- Grants paid
- $7,617
- Program service revenue
- $0
- Investment income
- $14,413
- Other revenue
- $26,265
- Total assets, end of year
- $599,285
- Total liabilities, end of year
- $2,146
- Net assets or fund balances, end of year
- $597,139
- Program services expenses (Part IX)
- $60,718
- Management and general expenses
- $6,405
- Fundraising expenses
- $5,135
- Program service expenses (Part III)
- $60,718
Program services were 84.0% 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)
$7,617
-
1f · All other contributions, gifts and grants
$2,649
-
3 · Investment income
total $12,445 · excluded $12,445
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $1,968
-
7c · Gain or loss
securities $1,968
-
7d · Net gain or loss
total $1,968 · related or exempt $1,968
-
8a · Fundraising events: gross income
$52,155
-
8b · Fundraising events: direct expenses
$25,890
-
8c · Net income from fundraising events
total $26,265 · excluded $26,265
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,617 · program services $7,617
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $36,203 · program services $28,962 · management and general $3,621 · fundraising $3,620
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $3,005 · program services $2,404 · management and general $301 · fundraising $300
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,265 · management and general $1,265
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $1,457 · program services $1,166 · management and general $146 · fundraising $145
-
13 · Office expenses
total $676 · program services $541 · management and general $68 · fundraising $67
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,900 · program services $1,520 · management and general $190 · fundraising $190
-
17 · Travel
total $2,048 · program services $1,638 · management and general $205 · fundraising $205
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,855 · program services $1,484 · management and general $186 · fundraising $185
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,012 · program services $1,610 · management and general $201 · fundraising $201
-
24a · Other expenses: Special Projects
total $11,999 · program services $11,999
-
24b · Other expenses: Other Expense
total $2,221 · program services $1,777 · management and general $222 · fundraising $222
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $157,129 · end of year $135,612
-
2 · Savings and temporary cash investments
beginning of year $172,763 · end of year $177,368
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$3,541
-
10b · Land, buildings and equipment: accumulated depreciation
$3,541
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $269,364 · end of year $286,305
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $659 · end of year $2,146
-
27 · Net assets without donor restrictions
beginning of year $598,597 · end of year $597,139
Mission and programs · 2022
Mission
The Organization works to ensure that downtown Clearfield and surrounding neighborhoods remain vital places to live and work. Motivated by the goal of retaining or regaining a sense of place increasingly lost to suburban sprawl, these citizens desire to live and work in places that they are proud to call home.
Activities or mission (Part I)
The purpose of the Clearfield Revitalization Corporation includes, but is not limited to: promoting the historic preservation, protection, and use of the traditional downtown area of Clearfield, PA, and surrounding neighborhoods; helping to eliminate the deterioration or such areas, working to enhance the quality of life of such areas; and aiding, assisting and working with entities that share a similar purpose.
-
Promotion of the historic preservation, protection and use of the traditional downtown area of the Borough of Clearfield, PA and surrounding neighborhoods.
Expenses $60,718 · Grants $7,617
As filed on the 2022 return.
Listed in Part VII
-
Terry Davis
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Maria Lemmo
President
- Total calculated
- $0
- Hours/week
- 1
-
Dottie Spera
Director
- Total calculated
- $0
- Hours/week
- 1
-
Charles Bungo II
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kelsey Vitullo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Susan Duttry
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric White
Director
- Total calculated
- $0
- Hours/week
- 1
-
Douglas J Campbell
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chrissy Warholic
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
John Troxell
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Mark Bodle
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dottie Spera
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robert Maltais
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313139349303821
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.