Overview
What is Fulton Mall Improvement Association Inc?
Fulton Mall Improvement Association Inc, located in Brooklyn, New York, is a nonprofit organization with a primary focus on enhancing public safety within a designated Special Assessment District in New York City. They achieve this by employing uniformed guards and maintaining a collaborative relationship with the New York City Police Department. The association's mission extends beyond safety, as it also works to promote the vitality and economic growth of this district. To achieve this goal, they offer supplemental sanitation, public safety, streetscape improvements, visitor information, and commercial support services to the property owners, businesses, and residents of the district, aiming to improve the overall appearance and attractiveness of the area.
Official website here: www.downtownbrooklyn.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating from Charity Navigator.
The Fulton Mall Improvement Association Inc has achieved a strong score of 92%, indicating a high level of accountability and financial health. This rating is solely based on their accountability and finance metrics, reflecting their commitment to transparency and responsible management of resources. The organization has an independent board of directors, which enhances its governance structure and decision-making processes.
Strengths highlighted include a perfect score in areas such as the independence of board members, the presence of an audit and oversight committee, and compliance with conflict of interest policies. Furthermore, the organization demonstrates a robust program expense ratio of 79.43%, suggesting that a significant portion of its expenses is directed towards its core mission rather than administrative costs.
While the ratings indicate a well-managed organization, the data does not provide specific details on the impact of their programs or services offered. Nevertheless, the financial stability and governance practices underscore the nonprofit's dedication to its objectives and accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Fulton Mall Improvement Association Inc legitimate?
Fulton Mall Improvement Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fulton 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $342,446
For more financial information, click here
Official website here: www.downtownbrooklyn.com
What is the mission statement of Fulton Mall Improvement Association Inc?
The Fulton Mall Improvement Association Inc's mission is centered around enhancing the vitality and economic growth of a specific assessment district. This organization provides supplemental services such as enhanced sanitation, public safety, streetscape improvement, visitor information, and commercial support to property owners, businesses, and residents within this designated area. To achieve this, they offer a combination of uniformed guards and maintain a collaborative relationship with the local police department for public safety matters. The association's primary goal is to improve the overall well-being and prosperity of the district and its community members.
Official website here: www.downtownbrooklyn.com
Who is the CEO of Fulton Mall Improvement Association Inc?
Regina Myer is the Chair of Fulton Mall Improvement Association Inc.
Official website here: www.downtownbrooklyn.com
What is the revenue of Fulton Mall Improvement Association Inc?
Fulton Mall Improvement Association Inc's revenue in 2022 was $2,634,805.
Official website here: www.downtownbrooklyn.com
Who are the executives of Fulton Mall Improvement Association Inc and what are their salaries?
There 16 volunteers at Fulton Mall Improvement Association Inc.
Here are 18 key members and their salaries:
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- Related: $446,907
- Other: $42,383
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- Related: $170,183
- Other: $12,467
Official website here: www.downtownbrooklyn.com
Where can I find the form 990 for Fulton Mall Improvement Association Inc?
Fulton Mall Improvement Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownbrooklyn.com
Learn more at the official website: www.downtownbrooklyn.com
Mission Statement of Fulton Mall Improvement Association Inc
Fulton Mall Improvement Association Inc, a nonprofit organization, is dedicated to fostering the vitality and economic growth of a particular Special Assessment District situated in New York City. To achieve this mission, the association provides supplementary sanitation, public safety, streetscape improvement, visitor information, and commercial support services to the property owners, businesses, and residents within this designated area.
The organization's primary focus on public safety is evident in its initiatives. Fulton Mall Improvement Association Inc enhances public security through a combination of uniformed guards and a collaborative relationship with the New York City Police Department. By offering these services, the association aims to create a safe and secure environment that encourages both businesses and residents to thrive within the Special Assessment District. The association's role in promoting public safety is instrumental in fostering a positive and vibrant community atmosphere.
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Impact
July, 2024
Fulton Mall Improvement Association Inc's impact revolves around promoting the vitality and economic growth of a special assessment district in NYC. This organization enhances public safety through a combination of uniformed guards and a working relationship with the NYPD. They also provide supplemental sanitation, streetscape improvement, visitor information, and commercial support services to property owners, businesses, and residents in the designated area. By focusing on community improvement initiatives, Fulton Mall Improvement Association Inc significantly contributes to the overall well-being and development of the Brooklyn neighborhood in New York.
This information is meant to be a general summary of Fulton 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,380
- Program Service Revenue: $2,631,425
- Gross Receipts: $2,634,805
Assets and Liabilities:
- Total Assets: $1,264,728
- Total Liabilities: $229,282
- Net Assets: $1,035,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TAX ASSESSMENT
Revenue
$2,605,850
BANNERS
Revenue
$11,085
KIOSK
Revenue
$9,552
OTHER PROGRAM REVENUE
Revenue
$3,751
USER RIGHTS
Revenue
$1,187
Organization Details
Founding Year
1976
Phone
(718) 403-1600Principal Officer
Regina Myer
Main Address
1 METROTECH CENTER NORTH 1003, BROOKLYN, NY, 11201
Website
www.downtownbrooklyn.comNTEE Category
Code: S200 - Community improvement
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