Center City Development Corporation

Community development organization based in Richmond, IN. 2 employees. Exempt under §501(c)(3).

MissionTO PROMOTE THE REVITALIZATION OF DOWNTOWN RICHMOND THROUGH LOANS, CONSULTING ON IMPROVEMENTS, AND SPECIAL EVENTS TO INCREASE FOOT TRAFFIC.

Financial snapshot · TY 2024

$82K
Total revenue
$108K
Total expenses
$471K
Net assets

Financial health · TY 2024

55
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
95
17.1 months of expenses
Program efficiency
33
63% spent on programs
Revenue diversity
19
Mix of program fees, grants & contributions

Leadership compensation

Beth Newton
EXECUTIVE DIRECTOR
$7,364
6th percentile vs. peers

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Center City Development Corporation Executive Compensation | 990 Data | DoubleNine