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Downtown New Rochelle Business Improvement District Management

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 134089489 ✦ New rochelle, NY ✦ Designated as a 501(c)(4)

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Overview

What is Downtown New Rochelle Business Improvement District Management?

Downtown New Rochelle Business Improvement District Management is a nonprofit organization situated in New Rochelle, New York. Their primary mission is to foster the growth and vitality of the district's cultural, culinary, hospitality, arts, and technology sectors. To achieve this, they invest in cleaning and greening public spaces, support local businesses, property owners, and residents, collaborate with city organizations, and spearhead projects aimed at stimulating economic growth. Their activities are geared towards making the district more accessible, attractive, and sustainable, ultimately transforming it into a thriving and vibrant downtown community.


Official website here: www.newrochelledowntown.com

What do the Facebook reviews say about Downtown New Rochelle Business Improvement District Management?

96% of 14 reviewers on Facebook recommend the Downtown New Rochelle Business Improvement District Management. Here’s a recap of their comments:

Many users commend the hard work and dedication of the staff, noting their consistent presence and attention to detail regardless of weather conditions. The team is described as friendly and proactive, contributing positively to the community’s atmosphere.

Overall, the sentiment surrounding this nonprofit is highly positive, with many expressing appreciation for the visible efforts put forth to enhance the local area. It appears that they successfully fulfill their commitment to improving the business environment in New Rochelle.


This AI summary has been generated from reviews found on Facebook.

Is Downtown New Rochelle Business Improvement District Management legitimate?

Downtown New Rochelle Business Improvement District Management is a legitimate nonprofit organization registered as a 501(c)(4) entity. Downtown New Rochelle Business Improvement District Management 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: $152,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.newrochelledowntown.com

What is the mission statement of Downtown New Rochelle Business Improvement District Management?

The mission of Downtown New Rochelle Business Improvement District Management is to transform the business district into a lively, prosperous, and sustainable urban area. This is accomplished by fostering the expansion of the thriving cultural, culinary, hospitality, arts, and technology sectors. The organization also works on enhancing the district's accessibility, cleanliness, and attractiveness. Furthermore, they collaborate and lead in city initiatives and support projects aimed at stimulating economic growth.


Official website here: www.newrochelledowntown.com

Who is the CEO of Downtown New Rochelle Business Improvement District Management?

Marc M Jerome is the Chairman of Downtown New Rochelle Business Improvement District Management.


Official website here: www.newrochelledowntown.com

What is the revenue of Downtown New Rochelle Business Improvement District Management?

Downtown New Rochelle Business Improvement District Management's revenue in 2022 was $719,519.


Official website here: www.newrochelledowntown.com

Who are the executives of Downtown New Rochelle Business Improvement District Management and what are their salaries?

There 13 volunteers at Downtown New Rochelle Business Improvement District Management.


Here are 14 key members and their salaries:


Marc M Jerome (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles B Strome Iii (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Tarantino (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Ritter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sebastian Aliberti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph V Apicella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ciro Chechile (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Gendels (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Graziose (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward J Hart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert D Kahn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James O'Toole (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Panico (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karel Littman (Executive Director)
  • Compensation: $152,698
  • Related: $0
  • Other: $0


Official website here: www.newrochelledowntown.com

Where can I find the form 990 for Downtown New Rochelle Business Improvement District Management?

Downtown New Rochelle Business Improvement District Management's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newrochelledowntown.com

Learn more at the official website: www.newrochelledowntown.com

Mission Statement of Downtown New Rochelle Business Improvement District Management

Downtown New Rochelle Business Improvement District Management aims to transform the business district into a thriving, vibrant, and sustainable downtown area. To achieve this, they focus on nurturing the growth of various sectors, including culture, culinary arts, hospitality, technology, and the arts. By enhancing the district's accessibility, cleanliness, and attractiveness, they strive to create an appealing environment for both residents and visitors.

Furthermore, Downtown New Rochelle Business Improvement District Management collaborates and leads initiatives within the city, supporting projects that stimulate economic growth. They play a crucial role in fostering a dynamic and engaging downtown space, where businesses can thrive and the community can enjoy a diverse range of experiences. Their mission is to foster a sense of community and economic prosperity, making the downtown area a vibrant and sustainable hub for all.

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Impact




October, 2024

The Downtown New Rochelle Business Improvement District Management plays a significant role in revitalizing and enhancing the business district. By focusing on the development of a vibrant, thriving, and sustainable downtown area, it actively works to clean and green the sidewalks, curbs, and public spaces, contributing to a more welcoming environment for residents and visitors alike.

This organization is dedicated to supporting and nurturing local businesses, property owners, and residents, particularly those involved in New Rochelle's emerging cultural, culinary, hospitality, and arts/technology sectors. Through collaboration with various city organizations, it fosters a sense of community and encourages economic growth.

Additionally, its efforts to enhance the accessibility, cleanliness, and attractiveness of the downtown area directly impact overall quality of life, promoting a dynamic atmosphere that benefits everyone in the region. By stimulating local commerce and creating a lively social atmosphere, the Downtown New Rochelle Business Improvement District Management plays a crucial role in shaping the future of the city.




This information is meant to be a general summary of Downtown New Rochelle Business Improvement District Management. 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.

Revenue
$719,519 (2022)
Expenses
$816,930 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $669,519
  • Gross Receipts: $719,519

Assets and Liabilities:

  • Total Assets: $629,116
  • Total Liabilities: $235,975
  • Net Assets: $393,141

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSESSMENT CONTRACT

Revenue

$529,519

SANITATION CONTRACT

Revenue

$140,000

Organization Details

Founding Year

1999

Principal Officer

Marc M Jerome

Main Address

515 NORTH AVENUE, NEW ROCHELLE, NY, 10801

NTEE Category

Code: S30 - Community improvement

If you are a representative of Downtown New Rochelle Business Improvement District Management and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.