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Yonkers South Broadway District Management Association Inc

South Broadway Bid

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010735369 ✦ Yonkers, NY ✦ Designated as a 501(c)(3)

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Overview

What is Yonkers South Broadway District Management Association Inc?

Yonkers South Broadway District Management Association Inc, commonly known as South Broadway Bid, is a nonprofit organization situated in Yonkers, New York. Their mission is to foster the prosperity and economic growth within the business improvement district situated on South Broadway. To achieve this, they offer various programs and services, such as enhancing storefront signage, renovating buildings, improving facades, installing video monitoring equipment, and enhancing street aesthetics through furniture, landscaping, and decorative concrete street planters. Additionally, they provide daily street cleaning and holiday lighting. To promote economic activity, they produce marketing materials and engage in advocacy activities on behalf of local businesses. The organization employs a team of 7 individuals to carry out these initiatives.


Official website here: www.southbroadwaybid.org

What do the Facebook reviews say about Yonkers South Broadway District Management Association Inc?

While there are only two reviews available for the Yonkers South Broadway District Management Association Inc, they highlight a positive sentiment toward the organization. One reviewer praises it as a "great source of knowledge and support" for local businesses, indicating that the nonprofit plays a vital role in fostering community growth and development.

Overall, even with limited feedback, the enthusiasm for the services offered suggests that the organization is valued by those it serves. The endorsement as a supportive resource reflects its commitment to enhancing the local business environment.


This AI summary has been generated from reviews found on Facebook.

Is Yonkers South Broadway District Management Association Inc legitimate?

Yonkers South Broadway District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yonkers South Broadway District Management Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $88,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.southbroadwaybid.org

What is the mission statement of Yonkers South Broadway District Management Association Inc?

The mission of Yonkers South Broadway District Management Association Inc is primarily focused on fostering the vibrancy and economic prosperity of a specific business improvement district. This organization strives to achieve this goal by implementing various programs and services, such as enhancing storefronts, facilitating building renovations, and promoting economic activity through marketing materials and advocacy on behalf of local businesses. The association also invests in features like video monitoring equipment, street furniture, landscaping, and decorative concrete street planters to enhance the overall appeal of the district. Additionally, they contribute to daily street cleaning and holiday lighting to further enhance the ambiance, ultimately working towards the betterment and growth of the business district.


Official website here: www.southbroadwaybid.org

Who is the CEO of Yonkers South Broadway District Management Association Inc?

Dennis Monasebian is the Chairman of Yonkers South Broadway District Management Association Inc.


Official website here: www.southbroadwaybid.org

What is the revenue of Yonkers South Broadway District Management Association Inc?

Yonkers South Broadway District Management Association Inc's revenue in 2022 was $352,127.


Official website here: www.southbroadwaybid.org

Who are the executives of Yonkers South Broadway District Management Association Inc and what are their salaries?

The average compensation at Yonkers South Broadway District Management Association Inc during 2022 was $12,600. There are 7 employees at Yonkers South Broadway District Management Association Inc.


Here are 23 key members and their salaries:


Dennis Monasebian (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Silvio Dimeglio (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Flynn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Ruiz Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Alvarado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Stewart-Cousins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corazon Pineda-Isaac (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nader Sayegh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tasha Diaz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Darwich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Uzzo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Brennan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Grammatas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gulam Khan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Spano (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Nukho (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Diaz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Xenos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Larios (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Villaneuva-Trefz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamal Aqueel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Alvarado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Gordon (Executive Director)
  • Compensation: $87,462
  • Related: $0
  • Other: $0


Official website here: www.southbroadwaybid.org

Where can I find the form 990 for Yonkers South Broadway District Management Association Inc?

Yonkers South Broadway District Management Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southbroadwaybid.org

Learn more at the official website: www.southbroadwaybid.org

Mission Statement of Yonkers South Broadway District Management Association Inc

Yonkers South Broadway District Management Association Inc is dedicated to fostering the vitality and stimulating economic growth within its designated business improvement district. The organization's primary focus lies in enhancing the South Broadway district, working towards its prosperity and development. Their initiatives encompass various aspects, such as storefront signage, building renovations, facade improvements, installation of video monitoring equipment, and provision of street furniture and landscaping. Decorative concrete street planters and holiday lighting are also part of their efforts to enrich the district's appearance. To further stimulate economic activity, they produce marketing brochures and engage in promotion and advocacy activities on behalf of the local small businesses. This multi-faceted approach by Yonkers South Broadway District Management Association Inc aims to create a thriving and economically vibrant environment.

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Impact




October, 2024

Yonkers South Broadway District Management Association Inc plays a pivotal role in enhancing the vibrancy and economic growth of the South Broadway area in Yonkers, NY. By implementing a variety of programs and services, the organization significantly improves the visual appeal and functionality of the district. Initiatives such as storefront signage, building renovations, and facade improvements contribute to a more attractive environment for both residents and visitors, fostering a sense of pride in the community.

Additionally, the installation of video monitoring equipment and street furniture enhances safety and accessibility, making the area more inviting. Landscaping efforts and decorative concrete street planters further beautify the streetscape, while holiday lighting adds a festive touch that draws in crowds during seasonal celebrations.

The Association also actively promotes economic activity by producing marketing brochures and engaging in advocacy on behalf of local small businesses, creating a supportive network for entrepreneurs. These collective efforts not only elevate the overall aesthetic of South Broadway but also stimulate economic development, making it a more successful and thriving business district.




This information is meant to be a general summary of Yonkers South Broadway District Management Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$352,127 (2022)
Expenses
$379,207 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Gross Receipts: $352,127

Assets and Liabilities:

  • Total Assets: $188,182
  • Total Liabilities: $109,782
  • Net Assets: $78,400

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Organization Details

Founding Year

2002

Principal Officer

Dennis Monasebian

Main Address

8 Saint Andrews Place, Yonkers, NY, 10705

NTEE Category

Code: S31 - Community improvement

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