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Downtown Sacramento Revitalization Corporation

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

EIN: 202282551 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Sacramento Revitalization Corporation?

The Downtown Sacramento Revitalization Corporation is a nonprofit organization established to assist the City of Sacramento, California, in revitalizing its urban core. Their main goal is to revitalize specific areas within the city, thereby alleviating the burden on government. The corporation operates with the city's interests at heart and works towards enhancing the city's appeal and functionality. Their headquarters can be found at 915 I Street 3rd Floor, Sacramento, CA 95814.

Is Downtown Sacramento Revitalization Corporation legitimate?

Downtown Sacramento Revitalization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Sacramento Revitalization Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Downtown Sacramento Revitalization Corporation?

The Downtown Sacramento Revitalization Corporation is established with the purpose of benefiting and serving the city of Sacramento, California. Its primary mission is to revitalize areas within the city, thereby alleviating the burdens of government. This corporation aids the city in its revitalization efforts, aimed at improving the overall well-being of the community. By revitalizing these areas, the corporation contributes to a more vibrant and thriving city, ultimately reducing the responsibilities that the government may bear.

What is the revenue of Downtown Sacramento Revitalization Corporation?

Downtown Sacramento Revitalization Corporation's revenue in 2023 was $441,348.

Who are the executives of Downtown Sacramento Revitalization Corporation and what are their salaries?

There 8 volunteers at Downtown Sacramento Revitalization Corporation.

Here are 8 key members and their salaries:


Devin Strecker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ault (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Biller (Altern Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karina Talamantes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Corfee (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Valenzuela (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc De La Vergne (Altern Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Downtown Sacramento Revitalization Corporation?

Downtown Sacramento Revitalization Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Downtown Sacramento Revitalization Corporation

The Downtown Sacramento Revitalization Corporation is established with a mission to benefit and serve the City of Sacramento, California. Its primary objective is to revitalize various areas within the city, thereby lessening the burdens of government. By working in tandem with the city, this organization aims to enhance and rejuvenate specific sectors, contributing to the overall improvement of the city's infrastructure and community well-being.

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Impact




October, 2024

The Downtown Sacramento Revitalization Corporation plays a pivotal role in enhancing the urban landscape and overall quality of life in Sacramento. By focusing on revitalization efforts within the city, it aims to breathe new life into underdeveloped or neglected areas, fostering community improvement and vibrancy. This initiative not only boosts economic activities but also enhances public spaces, making them more accessible and enjoyable for residents and visitors alike.

Through its efforts, the corporation alleviates some of the responsibilities of local government by actively engaging in projects that improve infrastructure, promote local businesses, and create a sense of place. This collaboration with city officials assists in streamlining initiatives that address community needs while addressing challenges that may arise in urban development. Ultimately, the Downtown Sacramento Revitalization Corporation is a catalyst for growth and rejuvenation, contributing to a more vibrant, connected, and resilient Sacramento.




This information is meant to be a general summary of Downtown Sacramento Revitalization Corporation. 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
$441,348 (2023)
Expenses
$207,993 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $890
  • Program Service Revenue: $440,458
  • Gross Receipts: $441,348

Assets and Liabilities:

  • Total Assets: $12,010,294
  • Total Liabilities: $1,340,000
  • Net Assets: $10,670,294

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Programs

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

700 BLOCK COMMERCIAL

Revenue

$20,842

GREYHOUND INCOME

Revenue

$419,616

Organization Details

Founding Year

2006

Principal Officer

Daniel Corfee

NTEE Category

Code: S20 - Community improvement

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