Overview
What is Downtown Rutland Partnership Inc?
Downtown Rutland Partnership Inc, based in Rutland, Vermont, is a nonprofit organization with a mission to manage, market, and maintain the Downtown Rutland Special Benefits District. Their primary focus is to improve the vitality of the local business community and enhance the cultural and physical environment of the district. They achieve this by organizing events, conducting marketing campaigns, and offering promotional activities for over 200 businesses and property owners in the area. Additionally, they provide grants to eligible businesses situated within Downtown Rutland, VT, with a dedicated team of three employees working towards these goals.
Official website here: www.rutlanddowntown.com
Is Downtown Rutland Partnership Inc legitimate?
Downtown Rutland Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Rutland Partnership 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: $55,784
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,452
For more financial information, click here
Official website here: www.rutlanddowntown.com
What is the mission statement of Downtown Rutland Partnership Inc?
The Downtown Rutland Partnership Inc serves to manage, market, and maintain the special benefits district, with the aim of enhancing the business community's vitality and improving the cultural and physical climate. Its primary mission is to advance activities that will boost the district's appeal and attractiveness. The organization has been instrumental in organizing various events and marketing initiatives to promote over 200 businesses and property owners. Additionally, it has provided grants to several businesses located within the district to support their growth and development.
Official website here: www.rutlanddowntown.com
Who is the CEO of Downtown Rutland Partnership Inc?
Katye Munger is the Treasurer of Downtown Rutland Partnership Inc.
Official website here: www.rutlanddowntown.com
What is the revenue of Downtown Rutland Partnership Inc?
Downtown Rutland Partnership Inc's revenue in 2023 was $281,502.
Official website here: www.rutlanddowntown.com
Who are the executives of Downtown Rutland Partnership Inc and what are their salaries?
The average compensation at Downtown Rutland Partnership Inc during 2023 was $33,079. There are 3 employees at Downtown Rutland Partnership Inc.
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Official website here: www.rutlanddowntown.com
Where can I find the form 990 for Downtown Rutland Partnership Inc?
Downtown Rutland Partnership Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rutlanddowntown.com
Learn more at the official website: www.rutlanddowntown.com
Mission Statement of Downtown Rutland Partnership Inc
Downtown Rutland Partnership Inc, a nonprofit organization, is committed to managing, marketing, and maintaining the Downtown Rutland Special Benefits District. Its primary mission is to advance activities that aim to enhance the vitality of the business community and improve the cultural and physical climate of the district. The organization serves as a catalyst for development, investing in the promotion and maintenance of over 200 businesses and property owners located in Downtown Rutland. Furthermore, Downtown Rutland Partnership Inc extends financial assistance through grants to eligible businesses situated within the district, contributing to the overall growth and prosperity of the area.
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Impact
October, 2024
Downtown Rutland Partnership Inc significantly enhances the vitality of the business community in Rutland, Vermont, by focusing on the maintenance and promotion of the downtown area. Through various events and activities, it fosters a vibrant atmosphere that attracts visitors and supports local businesses. The organization conducts targeted marketing efforts for over 200 businesses and property owners, amplifying their visibility and encouraging economic growth. It also provides essential grants to local businesses, enabling them to thrive and contribute to the community's overall enhancement.
The efforts of Downtown Rutland Partnership not only promote commerce but also enrich the cultural and physical environment of the downtown district, making it a more appealing place for residents and visitors alike. By effectively managing and marketing the area, the organization plays a crucial role in shaping a lively downtown that supports community improvement and fosters a strong local economy.
This information is meant to be a general summary of Downtown Rutland Partnership 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $224
- Program Service Revenue: $265,778
- Gross Receipts: $281,502
Assets and Liabilities:
- Total Assets: $155,881
- Total Liabilities: $19,385
- Net Assets: $136,496
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT TO PROMOTE DO
Revenue
$252,000
EVENT & MARKETING
Revenue
$13,778
Organization Details
Founding Year
2002
Phone
(802) 773-9380Principal Officer
Katye Munger
Main Address
PO BOX 697, RUTLAND, VT, 05702
Website
www.rutlanddowntown.comNTEE Category
Code: S20 - Community improvement
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