Overview
What is Noho Ny District Management Association Inc?
Noho Ny District Management Association Inc, located at 636 BROADWAY 1208, New York, NY 10012, is a nonprofit organization dedicated to the vitality and economic growth of a Business Improvement District (BID) in New York City. Beyond promoting this area, the organization provides supplemental sanitation services, ensuring clean streets, curbs, and graffiti removal. They also offer public safety, streetscape improvement, visitor information, and commercial support services to benefit property owners, businesses, and residents within the BID. With a team of two dedicated individuals, Noho Ny District Management Association Inc plays a crucial role in maintaining the overall well-being of its district.
Official website here: www.noho.nyc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Noho Ny District Management Association Inc has earned an overall score of 88%, reflecting a strong emphasis on accountability and finance. This rating is based entirely on their performance in this area, indicating that the organization manages its resources effectively. The organization has a fully independent board of directors and demonstrates high standards in financial oversight and transparency.
Strengths of the organization include its strong commitment to financial health, as evidenced by high scores in areas such as the program expense ratio (78.34%) and the liabilities to assets ratio (34.15%). The presence of comprehensive financial statements and a clear conflict of interest policy further highlights its accountability efforts. However, the absence of a whistleblower policy and document retention and destruction policy are noted as areas for improvement.
Overall, while the Noho Ny District Management Association Inc shows commendable practices in financial management and governance, addressing the noted gaps could enhance its accountability framework further. The organization is positioned well, but striving for comprehensive policy implementation will strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Noho Ny District Management Association Inc legitimate?
Noho Ny District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noho Ny 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: $103,659
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,950
For more financial information, click here
Official website here: www.noho.nyc
What is the mission statement of Noho Ny District Management Association Inc?
The Noho Ny District Management Association Inc is dedicated to fostering the vitality and economic growth of a Business Improvement District situated in a city. This organization offers supplemental services to property owners, businesses, and residents within this designated area. These services include enhanced sanitation, ensuring clean streets and removing garbage and graffiti. Additionally, they provide public safety support, improve the streetscape, offer visitor information, and offer commercial assistance. Their ultimate goal is to contribute positively to the overall well-being and prosperity of the district.
Official website here: www.noho.nyc
Who is the CEO of Noho Ny District Management Association Inc?
Cordelia Persen is the Chair of Noho Ny District Management Association Inc.
Official website here: www.noho.nyc
What is the revenue of Noho Ny District Management Association Inc?
Noho Ny District Management Association Inc's revenue in 2022 was $653,452.
Official website here: www.noho.nyc
Who are the executives of Noho Ny District Management Association Inc and what are their salaries?
The average compensation at Noho Ny District Management Association Inc during 2022 was $78,804. There are 2 employees and 19 volunteers at Noho Ny District Management Association Inc.
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- Compensation: $93,360
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- Other: $8,450
Official website here: www.noho.nyc
Where can I find the form 990 for Noho Ny District Management Association Inc?
Noho Ny District Management Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.noho.nyc
Learn more at the official website: www.noho.nyc
Mission Statement of Noho Ny District Management Association Inc
Noho Ny District Management Association Inc is committed to boosting the vitality and economic growth of a Business Improvement District (BID) situated in New York City. In fulfilling its mission, the organization offers supplemental services to property owners, businesses, and residents within the designated BID area. These services include enhancing sanitation by maintaining clean streets, curbs, and removing garbage and graffiti. Furthermore, Noho Ny District Management Association Inc provides public safety, streetscape improvements, visitor information, and commercial support to foster a thriving and secure environment in the district. By offering these services, the association aims to enhance the overall quality of life and economic prosperity within the BID boundaries.
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Impact
July, 2024
Noho Ny District Management Association Inc plays a crucial role in promoting the vitality and economic growth of a business improvement district located in New York City. Through activities such as sanitation maintenance, clean streets, curbside management, and graffiti removal, the organization significantly enhances the overall aesthetic appeal of the area. By providing supplemental sanitation, public safety, streetscape improvement, visitor information, and commercial support services, Noho Ny District Management Association Inc positively impacts property owners, businesses, and residents within the district. Its efforts contribute to enhancing the community's image and fostering a more vibrant and sustainable local economy.
This information is meant to be a general summary of Noho Ny 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: $292
- Program Service Revenue: $613,260
- Gross Receipts: $653,452
Assets and Liabilities:
- Total Assets: $595,392
- Total Liabilities: $33,782
- Net Assets: $561,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TAX ASSESSMENT
Revenue
$600,000
PROGRAM SERVICE INCOME
Revenue
$13,260
Organization Details
Founding Year
1996
Phone
(212) 677-4579Principal Officer
Cordelia Persen
Main Address
636 BROADWAY 1208, NEW YORK, NY, 10012
Website
www.noho.nycNTEE Category
Code: S20 - Community improvement
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