Downtown Lewistown Incorporated

Real estate was donated to the organization in the prior year and was resold to the community in the current year. The funds are used to benefit local businesses in growth. The property was sold for a sales price of $60,000 and a cost basis of $118,100. The expenses incurred had been capitalized in the prior year and are recognized in the year of sale.

The organization receives application fees from the community that will allow them to revitalize business, government and civic leadership to stimulate investment in the downtown lewistown area.

The organization receives contributions from the community to revitalize business, government and civic leadership in the downtown lewistown area.