Overview
What is Fashion Center District Management Assoc?
The Fashion Center District Management Assoc, also known as the Garment District Alliance, is a New York-based nonprofit organization located at 209 WEST 38th STREET 2FL. With a team of 81 employees, their mission is to promote the vitality and economic growth of the Fashion Center by offering supplemental services. These services include maintaining the cleanliness of the area through a sanitation program, which involves sweeping sidewalks, removing public trash, and coordinating efforts between the NYC Department of Sanitation. The organization also focuses on public safety, streetscape improvement, visitor information, and commercial support for property owners, businesses, and residents within the designated Business Improvement District.
Official website here: www.fashioncenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
The Fashion Center District Management Association has received a solid rating of 88%, which reflects a strong commitment to accountability and financial management. The rating is based entirely on their accountability and finance metrics, indicating that the organization maintains high standards in these areas. Notably, the organization has 97% independent board members and a robust financial oversight framework, which contribute positively to its score.
Strengths of the organization include a high program expense ratio of 92.27%, suggesting that the majority of its financial resources are directed towards its programs rather than administrative costs. Additionally, there are no reported violations regarding the diversion of assets, which indicates sound financial integrity. However, there are some weaknesses noted, including the absence of a whistleblower policy and a document retention and destruction policy, which could be areas for improvement.
Overall, while the Fashion Center District Management Association demonstrates strong governance and financial accountability, addressing the missing policies would enhance its transparency and operational effectiveness. This could further increase trust and confidence among its stakeholders and donors.
This AI summary has been generated from information found on Charity Navigator.
Is Fashion Center District Management Assoc legitimate?
Fashion Center District Management Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fashion Center District Management Assoc 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: $732,237
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,911,347
For more financial information, click here
Official website here: www.fashioncenter.com
What is the mission statement of Fashion Center District Management Assoc?
The Fashion Center District Management Assoc is a non-profit organization dedicated to enhancing the vitality and economic growth of a designated business improvement district. It provides essential services to property owners, businesses, and residents in the area. These services include supplemental sanitation, public safety, streetscape improvement, visitor information, and commercial support. The sanitation program encompasses the sweeping of sidewalks, removal of public trash, and cooperation with the New York City Department of Sanitation. The organization's mission is to improve the overall atmosphere and promote a thriving community.
Official website here: www.fashioncenter.com
Who is the CEO of Fashion Center District Management Assoc?
Barbara Blair is the Chair of Fashion Center District Management Assoc.
Official website here: www.fashioncenter.com
What is the revenue of Fashion Center District Management Assoc?
Fashion Center District Management Assoc's revenue in 2022 was $13,007,839.
Official website here: www.fashioncenter.com
Who are the executives of Fashion Center District Management Assoc and what are their salaries?
The average compensation at Fashion Center District Management Assoc during 2022 was $57,328. There are 81 employees and 32 volunteers at Fashion Center District Management Assoc.
Here are 38 key members and their salaries:
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Official website here: www.fashioncenter.com
Where can I find the form 990 for Fashion Center District Management Assoc?
Fashion Center District Management Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fashioncenter.com
Learn more at the official website: www.fashioncenter.com
Mission Statement of Fashion Center District Management Assoc
The Fashion Center District Management Assoc, a vital organization, is dedicated to fostering growth and productivity in a designated business district. By offering supplemental services, this nonprofit aims to enhance the overall appeal and economic health of the area.
The organization's mission is multifaceted. It focuses on providing essential services to property owners, businesses, and residents within the district. Specifically, it oversees a robust sanitation program, ensuring the cleanliness of the district's sidewalks and removal of public trash. To maintain a pristine environment, the Fashion Center District Management Assoc liaises with the New York City Department of Sanitation.
Moreover, the nonprofit plays a significant role in ensuring public safety within the district. Its team of professionals works diligently to address security concerns, thus fostering a sense of safety and reassurance for all who frequent the area. Additionally, the organization manages streetscape improvements, enhancing the aesthetic appeal of the district and boosting its appeal to visitors and businesses alike.
In terms of visitor information and commercial support, the Fashion Center District Management Assoc serves as a valuable resource for those within the district. It offers vital information to both residents and visitors, ensuring they have all the necessary knowledge to navigate the area with ease. Furthermore, it provides commercial support to businesses, helping them thrive and contribute to the district's economic growth.
In summary, the Fashion Center District Management Assoc is an integral part of the district's ecosystem. Through its various services, it enhances the overall cleanliness, safety, and appeal of the district while fostering economic growth and supporting the needs of its property owners, businesses, and residents.
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Impact
October, 2024
Fashion Center District Management Association significantly enhances the vitality and economic growth of the Fashion Center area in New York City. By implementing a comprehensive sanitation program that includes sidewalk sweeping, public trash removal, and coordination with the NYC Department of Sanitation, they ensure a clean and inviting environment for visitors and residents alike.
In addition to maintaining cleanliness, they provide essential services such as public safety initiatives, streetscape improvements, and visitor information. These efforts not only uplift the community's aesthetic appeal but also support local businesses and property owners. The association plays a crucial role in creating a vibrant atmosphere that attracts foot traffic and encourages economic development within the district, ultimately benefiting everyone who lives, works, or visits the area.
This information is meant to be a general summary of Fashion Center District Management Assoc. 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: $4,839
- Program Service Revenue: $13,003,000
- Gross Receipts: $13,007,839
Assets and Liabilities:
- Total Assets: $11,582,928
- Total Liabilities: $881,849
- Net Assets: $10,701,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TAX ASSESSMENTS
Revenue
$13,000,000
PROMOTIONAL TOURISM
Revenue
$3,000
Organization Details
Founding Year
1993
Phone
(212) 764-9600Principal Officer
Barbara Blair
Main Address
209 WEST 38TH STREET 2FL, NEW YORK, NY, 10018
Website
www.fashioncenter.comNTEE Category
Code: S20Z - Community improvement
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