165th Street Mall Improvement Association Inc

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

EIN: 112421647 ✦ Jamaica, NY ✦ Designated as a 501(c)(4)

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Overview

What is 165th Street Mall Improvement Association Inc?

The 165th Street Mall Improvement Association Inc is a nonprofit organization situated in Jamaica, New York. Their primary mission is to boost the vitality and economic growth of a Business Improvement District (BID) located within New York City. They achieve this by implementing marketing programs, which involve promoting the district to both residents and tourists, as well as retaining and developing potential businesses. The organization provides supplemental sanitation, streetscape improvement, visitor information, promotions, and commercial support services to property owners and businesses within the designated BID area. With a small team of one employee, the 165th Street Mall Improvement Association Inc contributes to maintaining and enhancing the appeal of the district.


Official website here: www.165thstreetmall.com

Is 165th Street Mall Improvement Association Inc legitimate?

165th Street Mall Improvement Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. 165th Street Mall Improvement 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: $62,157
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.165thstreetmall.com

What is the mission statement of 165th Street Mall Improvement Association Inc?

The 165th Street Mall Improvement Association Inc's mission is centered around enhancing the vitality and economic growth of a specific Business Improvement District. This organization provides additional sanitation, aesthetic enhancements, visitor information, promotional activities, and commercial support services to property owners and businesses within the designated district. Their marketing program involves promoting the district to both local residents and tourists, as well as retaining and attracting potential businesses.


Official website here: www.165thstreetmall.com

What is the revenue of 165th Street Mall Improvement Association Inc?

165th Street Mall Improvement Association Inc's revenue in 2023 was $273,012.


Official website here: www.165thstreetmall.com

Who are the executives of 165th Street Mall Improvement Association Inc and what are their salaries?

The average compensation at 165th Street Mall Improvement Association Inc during 2023 was $62,157. There is 1 employee and 9 volunteers at 165th Street Mall Improvement Association Inc.

Here are 10 key members and their salaries:


Derek Irby (Executive Dir.)
  • Compensation: $62,157
  • Related: $0
  • Other: $0
Aaron Schwartz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Logan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Sussman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Kramer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Zecher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherwin Lovi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Perricone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mogeluzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.165thstreetmall.com

Where can I find the form 990 for 165th Street Mall Improvement Association Inc?

165th Street Mall Improvement Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.165thstreetmall.com

Learn more at the official website: www.165thstreetmall.com

Mission Statement of 165th Street Mall Improvement Association Inc

The 165th Street Mall Improvement Association Inc is an organization with a mission to foster the vitality and economic growth of a Business Improvement District located in New York City. In pursuit of this objective, the association provides supplemental sanitation, streetscape improvement, visitor information, promotions, and commercial support services to property owners and businesses within the designated district. By doing so, it aims to enhance the overall appeal and attractiveness of the area, thereby promoting it to both residents and tourists, and retaining and developing prospective businesses. In essence, the 165th Street Mall Improvement Association Inc plays a crucial role in the revitalization and commercial success of its designated district.

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Impact




October, 2024

The 165th Street Mall Improvement Association Inc plays a crucial role in enhancing the commercial landscape and community vitality of Jamaica, NY. By focusing on the promotion of economic growth within the designated business improvement district, it actively markets the area to both residents and tourists, fostering increased foot traffic and engagement with local businesses.

Through various initiatives, the Association provides supplemental sanitation services and streetscape improvements that enhance the overall aesthetic and functionality of the area. This not only creates a more welcoming environment for visitors but also encourages property owners and businesses to invest in the district.

Moreover, the organization offers visitor information and promotional activities designed to attract prospective businesses and support existing ones, contributing to a dynamic local economy. Its efforts culminate in creating a vibrant community space that benefits all stakeholders, demonstrating a commitment to sustainable development and community improvement.




This information is meant to be a general summary of 165th Street Mall Improvement 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
$273,012 (2023)
Expenses
$246,889 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12
  • Program Service Revenue: $270,000
  • Gross Receipts: $273,012

Assets and Liabilities:

  • Total Assets: $120,953
  • Total Liabilities: $13,875
  • Net Assets: $107,078

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Assessment

Revenue

$250,000

Government

Revenue

$20,000

Organization Details

Founding Year

1977

Principal Officer

Derek Irby

NTEE Category

Code: S20 - Community improvement

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