Overview
What is Flatiron23rd Street Partnership District Management Association Inc?
Flatiron23rd Street Partnership District Management Association Inc is a nonprofit organization situated at 230 FIFTH AVE 1511, New York, NY 10001. Their primary focus is on promoting the vitality and economic growth within a Business Improvement District (BID) situated in New York City. To achieve this, they offer supplemental sanitation, public safety, streetscape improvement, visitor information, and commercial support services to property owners, businesses, and residents within the designated BID area. Their mission encompasses maintaining clean streets, curbs, sidewalks, and removing graffiti, thereby contributing to the overall enhancement and wellbeing of the district. The organization currently employs a team of 10 individuals.
Official website here: www.flatironnomad.nyc
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Flatiron23rd Street Partnership District Management Association Inc demonstrates strong accountability and financial health, as reflected in its impressive 96% score. The organization boasts a fully independent board, with 97% of its members independent, and maintains rigorous oversight through its audit and finance policies. Additionally, it has a low liability-to-assets ratio of 21.52%, indicating solid financial stability.
The organization has prioritized transparency and ethical governance, with comprehensive policies on conflicts of interest, whistleblowing, and document retention. Its program expense ratio of 90.09% further highlights its commitment to using the majority of its funds for programmatic efforts rather than administrative costs.
While the data reflects a robust operational framework, ongoing monitoring of the organization’s financial practices and community impact will be essential to maintain these high standards. Overall, Flatiron23rd Street Partnership seems to be effectively fulfilling its mission with a solid foundation of trust and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Flatiron23rd Street Partnership District Management Association Inc legitimate?
Flatiron23rd Street Partnership District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flatiron23rd Street Partnership 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: $249,217
Professional Fundraising Fees: $0
Other Salaries and Wages: $571,962
For more financial information, click here
Official website here: www.flatironnomad.nyc
What is the mission statement of Flatiron23rd Street Partnership District Management Association Inc?
The Flatiron23rd Street Partnership District Management Association Inc is an organization dedicated to promoting the vitality and economic growth of a Business Improvement District. Its mission involves providing supplemental services such as enhanced sanitation, public safety, streetscape improvements, visitor information, and commercial support to property owners, businesses, and residents within this specific district. The organization works towards maintaining clean streets, removing graffiti, and improving the overall appearance of the area.
Official website here: www.flatironnomad.nyc
Who is the CEO of Flatiron23rd Street Partnership District Management Association Inc?
James Mettham is the Chair of Flatiron23rd Street Partnership District Management Association Inc.
Official website here: www.flatironnomad.nyc
What is the revenue of Flatiron23rd Street Partnership District Management Association Inc?
Flatiron23rd Street Partnership District Management Association Inc's revenue in 2022 was $6,245,179.
Official website here: www.flatironnomad.nyc
Who are the executives of Flatiron23rd Street Partnership District Management Association Inc and what are their salaries?
The average compensation at Flatiron23rd Street Partnership District Management Association Inc during 2022 was $82,118. There are 10 employees and 41 volunteers at Flatiron23rd Street Partnership District Management Association Inc.
Here are 41 key members and their salaries:
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Official website here: www.flatironnomad.nyc
Where can I find the form 990 for Flatiron23rd Street Partnership District Management Association Inc?
Flatiron23rd Street Partnership District Management Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flatironnomad.nyc
Learn more at the official website: www.flatironnomad.nyc
Mission Statement of Flatiron23rd Street Partnership District Management Association Inc
Flatiron23rd Street Partnership District Management Association Inc is a dedicated organization with a mission to foster the vitality and economic growth of a Business Improvement District (BID) in New York City. This mission is carried out by providing supplemental services to property owners, businesses, and residents within the designated BID area. These services are designed to enhance sanitation, ensure public safety, improve the streetscape, offer visitor information, and provide commercial support.
In particular, the organization focuses on maintaining clean streets, curbs, and sidewalks, as well as removing graffiti. By doing so, they contribute to creating a visually appealing and hygienic environment within the BID. This, in turn, helps to attract and retain businesses and residents, thereby promoting economic growth within the district. The Flatiron23rd Street Partnership District Management Association Inc also provides additional support services, such as visitor information, to further enhance the overall experience of the BID community.
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Impact
October, 2024
Flatiron23rd Street Partnership District Management Association Inc significantly enhances the vitality and economic growth of its designated business improvement district in New York City. By maintaining clean streets, curbs, and sidewalks, the organization ensures a welcoming environment that encourages both residents and visitors to explore and engage with the area. Their efforts in graffiti removal contribute to the aesthetic appeal and overall safety of the district.
The organization provides essential services that go beyond sanitation. It focuses on public safety, streetscape improvements, and commercial support, all of which are vital for fostering a thriving local economy. By offering visitor information and promoting local businesses, it helps to create a vibrant community atmosphere that benefits property owners, business operators, and residents alike. Overall, the impact of Flatiron23rd Street Partnership is felt not only in the cleanliness and safety of the area but also in its economic vitality and community spirit.
This information is meant to be a general summary of Flatiron23rd Street Partnership 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: $6,370
- Program Service Revenue: $5,730,623
- Gross Receipts: $6,245,179
Assets and Liabilities:
- Total Assets: $4,091,918
- Total Liabilities: $441,554
- Net Assets: $3,650,364
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BID TAX ASSESSMENT
Revenue
$5,269,178
PLAZA FEES/EVENT FEES
Revenue
$461,445
Organization Details
Founding Year
2006
Phone
(212) 741-2323Principal Officer
James Mettham
Main Address
230 FIFTH AVE 1511, NEW YORK, NY, 10001
Website
www.flatironnomad.nycNTEE Category
Code: S20 - Community improvement
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