Overview
What is The Down Town Association?
The Down Town Association, located at 60 Pine Street, New York, NY 10005, is a nonprofit organization established with the purpose of providing its members with social facilities and promoting literature and art. Initially established to cater to the commercial and professional needs of its members in New York City, the association offers social intercourse opportunities and necessary accommodations during business hours. Beyond social interaction, The Down Town Association has a library, reading room, and an art gallery to support the advancement of literature and art. The association continues to serve its members in New York City.
Official website here: www.thedta.com
Is The Down Town Association legitimate?
The Down Town Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Down Town Association 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.
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Official website here: www.thedta.com
What is the mission statement of The Down Town Association?
The Downtown Association was established with the primary objective of providing its members in New York City with social interaction opportunities. Beyond this, the association aims to cater to the needs of its commercial and professional members by offering facilities during their business intervals when they are away from their residences. Furthermore, the Downtown Association is committed to promoting literature and art by establishing and maintaining a library, reading room, and an art gallery.
Official website here: www.thedta.com
What is the revenue of The Down Town Association?
The Down Town Association's revenue in 2023 was $6,914,068.
Official website here: www.thedta.com
Who are the executives of The Down Town Association and what are their salaries?
There 13 volunteers at The Down Town Association.
Here are 13 key members and their salaries:
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Official website here: www.thedta.com
Where can I find the form 990 for The Down Town Association?
The Down Town Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thedta.com
Learn more at the official website: www.thedta.com
Mission Statement of The Down Town Association
The Downtown Association, established with a primary objective, serves its members engaged in commercial and professional pursuits in New York City by providing them with facilities for social interaction. Recognizing the importance of leisure time and the need for a break during business hours, this organization offers accommodations that cater to its members, ensuring they have a conducive space away from their residences. Moreover, The Downtown Association is committed to fostering literary and artistic growth within its community. To achieve this, it maintains a library, reading room, and an art gallery, providing members with a platform to delve into literature and appreciate art.
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Impact
October, 2024
The Down Town Association plays a significant role in fostering community and cultural advancement in New York City. By providing facilities for social interaction, it creates a space where individuals engaged in commercial and professional pursuits can connect and network. This environment promotes collaboration and the exchange of ideas, which is essential for professional growth and community cohesion.
In addition to social opportunities, the Association is dedicated to the advancement of literature and art. It supports cultural enrichment by maintaining a library, reading room, and art gallery, allowing members and the wider community to engage with literature and the arts. This commitment not only enhances the cultural landscape of New York City but also encourages lifelong learning and appreciation for artistic endeavors.
Through its initiatives, The Down Town Association contributes to community improvement, helping to cultivate a vibrant social and cultural environment that benefits its members and the city as a whole.
This information is meant to be a general summary of The Down Town Association. 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.
- Program Service Revenue: $404,972
- Gross Receipts: $6,966,143
Assets and Liabilities:
- Total Assets: $39,714,866
- Total Liabilities: $34,471,742
- Net Assets: $5,243,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$347,320
DUES SURCHARGE
Revenue
$32,801
LIFE MEMBERSHIP DUES
Revenue
$22,201
INITIATION FEES
Revenue
$2,650
Organization Details
Founding Year
1859
Principal Officer
Mark R Altherr
Website
www.thedta.comNTEE Category
Code: S80 - Community improvement
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