Overview
What is Flatbush Avenue District Management Association Inc?
Flatbush Avenue District Management Association Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 495 Flatbush Avenue Suite C30. Their primary mission is to better the Flatbush Avenue commercial district for local businesses, residents, and shoppers. They strive to achieve this by keeping the area clean and safe, promoting the neighborhood as a shopping destination, and providing development resources for merchants and property owners. Overall, their aim is to enhance the general well-being of the population within the Flatbush Avenue District.
Official website here: www.flatbushavebid.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The Flatbush Avenue District Management Association Inc has achieved a remarkable score of 96%, earning a Four-Star out of Four Star rating, which signifies its strong performance in accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion, and it has implemented comprehensive governance policies, including a conflict of interest policy and a whistleblower policy.
Financially, the association demonstrates solid health with a liabilities to assets ratio of 45.58% and an impressive program expense ratio of 69.47%. This indicates that a significant portion of its funds is allocated directly towards its programs, reflecting its commitment to effective service delivery. The organization has also maintained a clean record with no material diversion of assets, further solidifying its trustworthy reputation.
While the Flatbush Avenue District Management Association Inc shows exceptional strengths in governance and financial management, it is advisable for potential donors and supporters to stay informed about the effectiveness of its programs and community impact, as these factors play a critical role in the overall assessment of its success.
This AI summary has been generated from information found on Charity Navigator.
Is Flatbush Avenue District Management Association Inc legitimate?
Flatbush Avenue District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flatbush Avenue 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: $52,688
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,940
For more financial information, click here
Official website here: www.flatbushavebid.com
What is the mission statement of Flatbush Avenue District Management Association Inc?
The Flatbush Avenue District Management Association Inc was established with the mission to enhance the general well-being of the community within its designated district. Their primary objective is to promote this area as a vibrant shopping destination, ensuring it remains clean and safe for businesses, residents, and shoppers alike. Additionally, they provide development resources to merchants and property owners to further strengthen the commercial district.
Official website here: www.flatbushavebid.com
Who is the CEO of Flatbush Avenue District Management Association Inc?
Lauren E Collins is the Executive Dir. of Flatbush Avenue District Management Association Inc.
Official website here: www.flatbushavebid.com
What is the revenue of Flatbush Avenue District Management Association Inc?
Flatbush Avenue District Management Association Inc's revenue in 2023 was $462,172.
Official website here: www.flatbushavebid.com
Who are the executives of Flatbush Avenue District Management Association Inc and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.flatbushavebid.com
Where can I find the form 990 for Flatbush Avenue District Management Association Inc?
Flatbush Avenue District Management Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.flatbushavebid.com
Learn more at the official website: www.flatbushavebid.com
Mission Statement of Flatbush Avenue District Management Association Inc
Flatbush Avenue District Management Association Inc, established with the goal of promoting the general welfare of its community, was formed with a mission to enhance the Flatbush Avenue commercial district. This nonprofit organization works tirelessly to improve the area for businesses, residents, and shoppers by making it cleaner and safer. One of their key objectives is to promote the neighborhood as an attractive shopping destination. Furthermore, Flatbush Avenue District Management Association Inc provides development resources to merchants and property owners, aiming to foster growth and prosperity in the district. By executing these initiatives, the association strives to contribute positively to the overall well-being of its community.
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Impact
July, 2024
Flatbush Avenue District Management Association Inc's impact lies in enhancing the Flatbush Avenue commercial district for businesses, residents, and shoppers. By making the area cleaner and safer, promoting the neighborhood as a shopping destination, and providing development resources to merchants and property owners, this organization positively influences the community in Brooklyn, NY. Through its activities, it contributes to the improvement and vitality of the local area, fostering economic growth and creating a more vibrant and attractive space for all stakeholders involved.
This information is meant to be a general summary of Flatbush Avenue 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $614
- Gross Receipts: $462,172
Assets and Liabilities:
- Total Assets: $665,691
- Total Liabilities: $303,458
- Net Assets: $362,233
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Organization Details
Founding Year
1990
Phone
(929) 722-6340Principal Officer
Lauren E Collins
Main Address
495 Flatbush Avenue Suite C30, Brooklyn, NY, 11225
Website
www.flatbushavebid.comNTEE Category
Code: S20Z - Community improvement
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