Overview
What is Long Island City Business Improvement District Inc?
Long Island City Business Improvement District Inc, located at 2701 Queens Plaza North LVL-B, Long Island City, New York 11101, is a nonprofit organization dedicated to enhancing the overall appearance of its district. Their mission is to promote the vitality and economic growth of the Business Improvement District situated in New York City. They achieve this by offering supplemental sanitation, public safety, streetscape improvement, visitor information, and commercial support services to property owners, businesses, and residents within the established Business Improvement District. The organization's activities primarily focus on public improvements, aiming to elevate the district's appearance through a combination of beautification and other projects.
Official website here: www.licqns.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Long Island City Business Improvement District Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization demonstrates a high level of transparency and integrity, as evidenced by its perfect score in governance and oversight measures.
The nonprofit shows exceptional commitment to best practices, maintaining a fully independent board and adhering to robust policies regarding conflict of interest and whistleblowing. Financially, it demonstrates a healthy balance between its assets and liabilities, with a low liabilities-to-assets ratio, indicating sound financial management.
While the organization excels in program expense allocation with over 92% of expenses directed towards its programs, ongoing monitoring of its financial practices and community impact will be essential for sustaining its high standards and continued support from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Long Island City Business Improvement District Inc?
94% of 11 reviewers on Facebook recommend Long Island City Business Improvement District Inc. Here is a summary of their reviews:
Many commenters appreciate the organization's efforts in fostering a strong sense of community within Long Island City. Reviewers highlighted the positive impact the nonprofit has on local businesses and community engagement, indicating that it plays a vital role in enhancing the neighborhood's vibrancy.
Overall, those who have interacted with the nonprofit express satisfaction with its initiatives and feel it effectively supports local businesses while promoting a welcoming atmosphere for residents and visitors alike. The organization's commitment to community development is clearly recognized and valued by its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Long Island City Business Improvement District Inc legitimate?
Long Island City Business Improvement District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Island City Business Improvement District 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:
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For more financial information, click here
Official website here: www.licqns.com
What is the mission statement of Long Island City Business Improvement District Inc?
The Long Island City Business Improvement District Inc serves to enhance the vitality and economic growth of a designated business district in New York City. It achieves this by providing supplemental sanitation, public safety, streetscape improvement, visitor information, and commercial support services to property owners, businesses, and residents within the district. The organization's mission is carried out through public improvements, aimed at improving the overall appearance of the district through a combination of beautification and various projects.
Official website here: www.licqns.com
Who is the CEO of Long Island City Business Improvement District Inc?
Laura Rothrock is the Chair of Long Island City Business Improvement District Inc.
Official website here: www.licqns.com
What is the revenue of Long Island City Business Improvement District Inc?
Long Island City Business Improvement District Inc's revenue in 2022 was $949,448.
Official website here: www.licqns.com
Who are the executives of Long Island City Business Improvement District Inc and what are their salaries?
There 139 volunteers at Long Island City Business Improvement District Inc.
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- Related: $210,511
- Other: $38,047
Official website here: www.licqns.com
Where can I find the form 990 for Long Island City Business Improvement District Inc?
Long Island City Business Improvement District Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.licqns.com
Learn more at the official website: www.licqns.com
Mission Statement of Long Island City Business Improvement District Inc
Long Island City Business Improvement District Inc, in essence, works towards enhancing the vitality and economic growth of a specific Business Improvement District situated in New York City. To achieve this mission, the organization provides supplemental services, catering to the needs of property owners, businesses, and residents within the designated district. These services encompass supplemental sanitation, public safety, streetscape improvement, visitor information, and commercial support. By offering these services, Long Island City Business Improvement District Inc aims to improve the overall appearance of the district, thereby fostering a more appealing and thriving environment for all. This is accomplished through various beauty enhancements and other projects, contributing to the district's overall well-being and development.
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Impact
October, 2024
Long Island City Business Improvement District Inc significantly enhances the economic vitality and visual appeal of the Long Island City area in New York City. Through a comprehensive approach that includes supplemental sanitation, public safety initiatives, and streetscape improvements, it contributes to a cleaner and safer environment for residents, businesses, and visitors alike.
By prioritizing beautification projects and providing vital commercial support services, the organization fosters a vibrant atmosphere that attracts new businesses and encourages existing ones to thrive. This commitment not only elevates the overall aesthetic of the district but also bolsters economic growth by creating a welcoming environment that supports local commerce. Furthermore, the provision of visitor information ensures that both locals and tourists can fully experience and appreciate the offerings of Long Island City, making it a more engaging place to live, work, and visit. The efforts of the Long Island City Business Improvement District Inc effectively transform the area into a dynamic community hub, reinforcing its status as a key contributor to the local economy.
This information is meant to be a general summary of Long Island City Business Improvement District 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: $76
- Program Service Revenue: $908,000
- Gross Receipts: $949,448
Assets and Liabilities:
- Total Assets: $632,781
- Total Liabilities: $145,385
- Net Assets: $487,396
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$908,000
Organization Details
Founding Year
2005
Phone
(718) 786-5300Principal Officer
Laura Rothrock
Main Address
2701 QUEENS PLAZA NORTH LVL-B, LONG ISLAND CITY, NY, 11101
Website
www.licqns.comNTEE Category
Code: S20 - Community improvement
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