Overview
What is 125th Street District Management Association Inc?
The 125th Street District Management Association Inc, located in New York City, serves as a nonprofit organization primarily focused on managing and enhancing the central Harlem area. Their mission involves administering various activities for the New York City Business Improvement District, with a focus on maintaining cleanliness, ensuring safety, and promoting aesthetic improvements. This is achieved through initiatives such as providing sanitation services, boosting security, and implementing capital improvement projects. With a team of seven dedicated individuals, they strive to create a more appealing and secure environment for local business owners and the community at large.
Official website here: www.125thstreet.nyc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The 125th Street District Management Association Inc has achieved a robust 96% rating on Charity Navigator, reflecting its strong commitment to accountability and finance. This high score is derived solely from its financial practices, which are rated exceptionally well across various metrics, indicating that the organization is effectively managing its resources and maintaining fiscal responsibility.
One of the notable strengths of this nonprofit is its governance structure, as it boasts a 100% independent board with a substantial number of members, ensuring diverse oversight and decision-making. The organization has implemented key policies, such as a conflict of interest and whistleblower protection, reinforcing its commitment to ethical practices. Furthermore, the absence of material diversion of assets highlights its integrity in managing funds.
While the financial health of the organization appears strong, with a program expense ratio of 76.40%, which indicates a significant focus on its mission-related activities, the summary does not provide insights into specific programs or outcomes. As such, potential donors may want to seek additional information on the impact of their contributions. Overall, the 125th Street District Management Association Inc demonstrates commendable practices that contribute to its strong financial standing.
This AI summary has been generated from information found on Charity Navigator.
Is 125th Street District Management Association Inc legitimate?
125th Street District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 125th Street 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: $170,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $135,719
For more financial information, click here
Official website here: www.125thstreet.nyc
What is the mission statement of 125th Street District Management Association Inc?
The 125th Street District Management Association Inc is dedicated to managing the activities of a Business Improvement District within a central urban area. Their primary objectives involve enhancing sanitation services, ensuring increased security, and promoting beautification. They achieve these goals through their Capital Improvements Program, which aims to maintain a cleaner and safer environment for the local businesses and community. Additionally, they oversee marketing and promotion efforts within the district.
Official website here: www.125thstreet.nyc
Who is the CEO of 125th Street District Management Association Inc?
Barbara Askins is the President Ceo of 125th Street District Management Association Inc. The CEO's salary of 125th Street District Management Association Inc is $170,362 and their total compensation is $170,362.
Official website here: www.125thstreet.nyc
What is the revenue of 125th Street District Management Association Inc?
125th Street District Management Association Inc's revenue in 2022 was $1,419,533.
Official website here: www.125thstreet.nyc
Who are the executives of 125th Street District Management Association Inc and what are their salaries?
The average compensation at 125th Street District Management Association Inc during 2022 was $43,726. There are 7 employees and 29 volunteers at 125th Street District Management Association Inc.
Here are 30 key members and their salaries (125th Street District Management Association Inc's CEO's salary is $170,362 and their total compensation is $170,362):
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Official website here: www.125thstreet.nyc
Where can I find the form 990 for 125th Street District Management Association Inc?
125th Street District Management Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.125thstreet.nyc
Learn more at the official website: www.125thstreet.nyc
Mission Statement of 125th Street District Management Association Inc
The 125th Street District Management Association Inc is dedicated to managing the activities of a Business Improvement District situated in the central Harlem area of New York City. Their primary mission is to enhance the area's cleanliness, safety, and aesthetics. This is accomplished through various programs, including the provision of sanitation services and increased security. Furthermore, the organization invests in Capital Improvements Programs to further beautify the area, thereby creating a more appealing environment for both local business owners and the community. In essence, the 125th Street District Management Association Inc is committed to maintaining a cleaner and safer Harlem, contributing positively to the overall well-being of the community.
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Impact
October, 2024
The 125th Street District Management Association Inc. has made a significant impact in the central Harlem area of New York City. By focusing on the administration of the Business Improvement District, it enhances the local environment through essential services such as sanitation, increased security, and beautification efforts.
Through its Capital Improvements Program, the association contributes to maintaining a cleaner and safer community, directly benefiting business owners and local residents alike. These initiatives foster a welcoming atmosphere that attracts visitors, promotes commerce, and encourages community engagement. The marketing and promotional activities further elevate Harlem's profile, helping to showcase its unique cultural heritage and vibrant commercial landscape.
Overall, the association plays a crucial role in community improvement, striving to create a more attractive and secure environment that supports both economic growth and the well-being of the residents in Harlem.
This information is meant to be a general summary of 125th Street 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 2022.
- Investment Income: $171
- Program Service Revenue: $1,278,362
- Gross Receipts: $1,419,533
Assets and Liabilities:
- Total Assets: $432,195
- Total Liabilities: $192,893
- Net Assets: $239,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$1,240,462
HOLIDAY LIGHTS
Revenue
$37,900
Organization Details
Founding Year
1993
Phone
(212) 662-8999Principal Officer
Barbara Askins
Main Address
360 WEST 125TH STREET APT 11, NEW YORK, NY, 10027
Website
www.125thstreet.nycNTEE Category
Code: S210 - Community improvement
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