Overview
What is Washington Heights Business Improvement District?
The Washington Heights Business Improvement District, represented by the Washington Heights Business Improvement District Management Association Inc., is a nonprofit organization dedicated to fostering economic growth in the region. They accomplish this mission by managing a business improvement district, implementing initiatives such as marketing campaigns, maintaining cleanliness, and enhancing the commercial district. Their goal is to uplift the local economy by improving the overall aesthetics and attractiveness of the area.
Official website here: www.whbid181.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Washington Heights Business Improvement District has received an 81% score from Charity Navigator, which translates to a Three-Star rating. This rating is based entirely on its Accountability & Finance metrics, demonstrating a strong commitment to responsible financial practices. The organization has achieved full marks in several areas, including having an entirely independent board and effective oversight mechanisms.
Strengths highlighted include the presence of a well-structured independent board with 15 members and a clean record concerning material asset diversion. Additionally, the organization has robust financial oversight with a high program expense ratio of approximately 90.73%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs.
While the organization scores well in accountability and finance, no specific information regarding its program outcomes or community impact is provided in the rating summary. This leaves some questions about the effectiveness of its initiatives, which could be an area for potential improvement in transparency and reporting.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Washington Heights Business Improvement District?
92% of reviewers on Facebook recommend the Washington Heights Business Improvement District. Here is a summary of their reviews:
Many users appreciate the informative nature of the organization, highlighting its effective communication about the Inwood area. The feedback suggests that the nonprofit provides valuable resources that are beneficial for both the community and visitors. Overall, it seems that the Washington Heights Business Improvement District plays a significant role in enhancing local awareness and engagement.
This AI summary has been generated from reviews found on Facebook.
Is Washington Heights Business Improvement District legitimate?
Washington Heights Business Improvement District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Heights Business Improvement District 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: $87,776
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,618
For more financial information, click here
Official website here: www.whbid181.org
What is the mission statement of Washington Heights Business Improvement District?
The Washington Heights Business Improvement District, overseen by the Management Association Inc., is dedicated to promoting economic growth. It accomplishes this mission by managing various program elements, including marketing campaigns, sanitation services, and enhancements to the commercial district. The association's goal is to foster a more prosperous business environment within the district.
Official website here: www.whbid181.org
Who is the CEO of Washington Heights Business Improvement District?
Isidro Medina is the Executive Director of Washington Heights Business Improvement District.
Official website here: www.whbid181.org
What is the revenue of Washington Heights Business Improvement District?
Washington Heights Business Improvement District's revenue in 2023 was $702,298.
Official website here: www.whbid181.org
Who are the executives of Washington Heights Business Improvement District and what are their salaries?
The average compensation at Washington Heights Business Improvement District during 2023 was $43,798. There are 3 employees at Washington Heights Business Improvement District.
Here are 17 key members and their salaries:
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Official website here: www.whbid181.org
Where can I find the form 990 for Washington Heights Business Improvement District?
Washington Heights Business Improvement District's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.whbid181.org
Learn more at the official website: www.whbid181.org
Mission Statement of Washington Heights Business Improvement District
Washington Heights Business Improvement District, abbreviated as WHBID, is dedicated to stimulating economic growth. The organization, represented by the Washington Heights Business Improvement District Management Association Inc., fulfills this mission by orchestrating various program elements. These elements encompass marketing initiatives, sanitation services, and commercial district enhancement programs, all aimed at fostering a thriving business environment. The WHBID's activities contribute to the overall improvement and development of the local economic landscape.
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Impact
July, 2024
The Washington Heights Business Improvement District has had a significant impact on the economic development of the Washington Heights area in New York City. Through its coordinated efforts, the BID has implemented various program elements such as marketing, sanitation, and commercial district enhancement programs. These initiatives have helped to revitalize the local business landscape, attract new investments, and foster a sense of community improvement in the neighborhood. Overall, the Washington Heights BID's activities have contributed to the growth and prosperity of the area, benefiting both residents and businesses alike.
This information is meant to be a general summary of Washington Heights Business Improvement District. 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.
- Gross Receipts: $702,298
Assets and Liabilities:
- Total Assets: $585,567
- Total Liabilities: $480,432
- Net Assets: $105,135
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Organization Details
Founding Year
1983
Principal Officer
Isidro Medina
Main Address
560 West 181 Street, New York, NY, 10033
Website
www.whbid181.orgNTEE Category
Code: S41Z - Community improvement
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