Form 990-ez
“Pace group incurred and paid 2,297 in renovation costs for the current downtown revitalization project which began during a prior fiscal year.”
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Up$336,893
Up $19,935 (+6.3%) from 2023
Net Assets
Up$336,893
Up $19,935 (+6.3%) from 2023
Liabilities
Flat$0
Flat from 2023
Revenue And Expenses
Revenue
Down$47,867
Down $48,492 (-50%) from 2023
Expenses
Up$27,932
Up $11,541 (+70%) from 2023
Net Income
Down$19,935
Down $60,033 (-75%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Nov 11, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $49,878
Mission and Program Overview
Mission
To establish an atmosphere of cooperation between the city of thomasville downtown merchants, property owners, officials and area residents, and create an environment suitable for revitalization of the city of thomasville downtown area.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| REVITALIZATION AND COOPERATION PROGRAMS FOR THE DOWNTOWN AREA. | $13,701 | $19,346 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BEN WATFORD | President | - | $0 | - | - |
| PRISCILLA OLDAKER | Vice Preside | - | $0 | - | - |
| ELIZABETH HINKLE | Secretary | - | $0 | - | - |
| VICKIE HOLDER | Treasurer | - | $0 | - | - |
| CORY TOBIN | Asst Treasur | - | $0 | - | - |
| TAMARA JOYCE | Member | - | $0 | - | - |
| JIM GREGORY | Member | - | $0 | - | - |
| GRACE KANOY | Member | - | $0 | - | - |
| NICOLETTE JACOBSEN | Member | - | $0 | - | - |
| STEVE TEGLAS | Member | - | $0 | - | - |
| JILL SIMPSON | Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Pace Group Inc
- EIN
- 56-2016907
- Phone
- 3364761597
- Address
- PO BOX 1485, THOMASVILLE, NC 27361
Signing Officer
- Name
- Vickie Holder
- Title
- Treasurer
- Phone
- 3364761597
- Signed
- 2024-11-11
Preparer
- Firm
- Ballard Surratt & Co Pa
- Address
- 100 SALEM ST, THOMASVILLE, NC 27360-3945
- Preparer
- Thomas a Ballard
- Phone
- 3364723434
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Miscellaneous 226 total 226”
Form 990-ez, Part I, Line 10
“Name: 1 facade grant local businesses address: east and west main st thomasville, nc 27360 cash contribution: 7,701 name: farmer's market association address: e guilford st thomasville, nc 27360 cash contribution: 6,000”
Form 990-ez, Part I, Line 16
“Expenses advertising 1,169 office expenses 193 insurance 1,296 dues & subscriptions 1,087 meals and entertainment 224 murals project 4,000 painted piano project 600 special event pace movie 1,045 square fees 20 taxes & licenses 202 travel 245 total 10,081”
Form 990-ez, Part II, Line 24
“Building/renovation costs in process 197,983 200,280 total 197,983 200,280”
Form 990-ez, Part III
“To establish an atmosphere of cooperation between the city of thomasville downtown merchants, property owners, officials and area residents, and create an environment suitable for revitalization of the city of thomasville downtown area.”
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ESTABLISH AN ATMOSPHERE OF COOPERATION BETWEEN THE CITY OF THOMASVILLE DOWNTOWN MERCHANTS, PROPERTY OWNERS, OFFICIALS AND AREA RESIDENTS, AND CREATE AN ENVIRONMENT SUITABLE FOR REVITALIZATION OF THE CITY OF THOMASVILLE DOWNTOWN AREA. |
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| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PACE GROUP INCURRED AND PAID 2,297 IN RENOVATION COSTS FOR THE CURRENT DOWNTOWN REVITALIZATION PROJECT WHICH BEGAN DURING A PRIOR FISCAL YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MISCELLANEOUS 226 TOTAL 226 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NAME: 1 FACADE GRANT LOCAL BUSINESSES ADDRESS: EAST AND WEST MAIN ST THOMASVILLE, NC 27360 CASH CONTRIBUTION: 7,701 NAME: FARMER'S MARKET ASSOCIATION ADDRESS: E GUILFORD ST THOMASVILLE, NC 27360 CASH CONTRIBUTION: 6,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EXPENSES ADVERTISING 1,169 OFFICE EXPENSES 193 INSURANCE 1,296 DUES & SUBSCRIPTIONS 1,087 MEALS AND ENTERTAINMENT 224 MURALS PROJECT 4,000 PAINTED PIANO PROJECT 600 SPECIAL EVENT PACE MOVIE 1,045 SQUARE FEES 20 TAXES & LICENSES 202 TRAVEL 245 TOTAL 10,081 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BUILDING/RENOVATION COSTS IN PROCESS 197,983 200,280 TOTAL 197,983 200,280 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TO ESTABLISH AN ATMOSPHERE OF COOPERATION BETWEEN THE CITY OF THOMASVILLE DOWNTOWN MERCHANTS, PROPERTY OWNERS, OFFICIALS AND AREA RESIDENTS, AND CREATE AN ENVIRONMENT SUITABLE FOR REVITALIZATION OF THE CITY OF THOMASVILLE DOWNTOWN AREA. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-11 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BALLARD SURRATT & CO PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 100 SALEM ST |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3364723434 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THOMAS A BALLARD |
| ReturnHeader/ReturnTs | 0 | 2024-11-18T17:42:21-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $336,893
- Liabilities
- $0
- Net assets
- $336,893
- Revenue
- $47,867
- Expenses
- $27,932
- Net income
- $19,935