Overview
What is Downtown Arlington Management Corp?
Downtown Arlington Management Corp is a dedicated nonprofit organization based in Arlington, Texas, specifically at 501 E Front Street 140. Their primary mission is to foster collaborations between property owners, businesses, residents, and the city of Arlington, with the ultimate goal of enhancing the economic vitality and overall appeal of the downtown area. To achieve this, they actively promote the downtown area, attract new businesses, and support ongoing residential developments. Their initiatives include expanding their social media presence, leveraging their updated website, and organizing a new music festival. Additionally, they enhance the appearance of the downtown area through increased litter patrol and providing storefront grants to property owners. With a team of 11 dedicated individuals, Downtown Arlington Management Corp is committed to positively impacting the city and its citizens.
Official website here: www.downtownarlington.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
Downtown Arlington Management Corp has earned an 88% score from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts 100% independent board members and has received full points in areas such as financial statement audits and the absence of material asset diversions. They demonstrate a strong commitment to transparency in several aspects, including maintaining accurate board meeting minutes and a conflict of interest policy.
However, the nonprofit has some areas that require improvement, particularly regarding governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which both received zero points in the evaluation. Additionally, the tax form is not posted on their website, which affects their transparency score.
Overall, while Downtown Arlington Management Corp has a commendable rating highlighting its financial health and accountability, addressing the noted gaps in governance policies could enhance its overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Downtown Arlington Management Corp?
90% of 332 reviewers on Facebook recommend Downtown Arlington Management Corp. Here is a summary of their reviews:
Many patrons appreciate the diverse selection of restaurants and bars available, noting that they cater to a wide range of tastes. The vibrant mix of food, music, and entertainment options received positive remarks, indicating that visitors find the area lively and engaging. Overall, the sentiment among those expressing their views is largely favorable, highlighting an enjoyable experience in Downtown Arlington.
People have expressed satisfaction with the offerings and the atmosphere created in the downtown area, suggesting that the management effectively enhances the community's appeal. This enthusiasm points to a strong connection between the nonprofit's efforts and the positive experiences reported by visitors.
This AI summary has been generated from reviews found on Facebook.
Is Downtown Arlington Management Corp legitimate?
Downtown Arlington Management Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Arlington Management Corp 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: $123,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,822
For more financial information, click here
Official website here: www.downtownarlington.org
What is the mission statement of Downtown Arlington Management Corp?
The Downtown Arlington Management Corp's mission is to establish partnerships between property owners, businesses, residents, and the city, aiming to enhance and improve the economic vitality and overall environment of the downtown area. This organization works towards fostering alliances with various stakeholders to boost the economic health of the downtown sector. They have been successful in attracting new businesses, such as restaurants, retail outlets, and destination venues, and have also encouraged new residential developments. The organization has also been instrumental in promoting the downtown area, positively influencing perceptions, and leveraging social media and an updated website to increase business visibility. Additionally, they have implemented beautification initiatives and provided grant support to property owners to further enhance the downtown environment.
Official website here: www.downtownarlington.org
Who is the CEO of Downtown Arlington Management Corp?
Maggie Campbell is the President & Ceo of Downtown Arlington Management Corp. The CEO's salary of Downtown Arlington Management Corp is $110,000 and their total compensation is $113,300.
Official website here: www.downtownarlington.org
What is the revenue of Downtown Arlington Management Corp?
Downtown Arlington Management Corp's revenue in 2022 was $827,899.
Official website here: www.downtownarlington.org
Who are the executives of Downtown Arlington Management Corp and what are their salaries?
The average compensation at Downtown Arlington Management Corp during 2022 was $18,584. There are 11 employees and 65 volunteers at Downtown Arlington Management Corp.
Here are 37 key members and their salaries (Downtown Arlington Management Corp's CEO's salary is $110,000 and their total compensation is $113,300):
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Official website here: www.downtownarlington.org
Where can I find the form 990 for Downtown Arlington Management Corp?
Downtown Arlington Management Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownarlington.org
Learn more at the official website: www.downtownarlington.org
Mission Statement of Downtown Arlington Management Corp
Downtown Arlington Management Corp, with a mission-driven approach, aims to establish collaborative relationships between property owners, businesses, residents, and the City of Arlington. The primary objective of this nonprofit organization is to boost and enhance the economic vitality and overall environment of Downtown Arlington. By fostering these alliances, it seeks to contribute positively to the city's economic interests and its citizens.
In pursuit of this mission, Downtown Arlington Management Corp has implemented various strategies. It has welcomed new businesses, such as restaurants, retail outlets, and destination venues, which have enriched the downtown area. Additionally, the nonprofit has overseen the construction of new residential developments, catering to both the housing needs of the community and the growth of the local economy.
Furthermore, Downtown Arlington Management Corp has been proactive in promoting the area and improving perceptions about it. It has expanded its social media presence, increased the visibility of businesses on its updated website, and built a strong branding for a new music festival. To enhance the aesthetic appeal of the downtown area, the nonprofit has also expanded its beautification efforts, including regular litter patrols and providing storefront grants to property owners.
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Impact
October, 2024
Downtown Arlington Management Corp has significantly enhanced the economic vitality and overall environment of Downtown Arlington. By forging strong alliances among property owners, businesses, residents, and the city, it has fostered a collaborative atmosphere that encourages growth and development. This initiative has resulted in the opening of numerous new businesses, including restaurants and retail stores, which contribute to the local economy and provide residents with more diverse options.
Additionally, ongoing construction of new residential developments indicates a commitment to creating a vibrant community where people can live, work, and play. The organization has also played a key role in elevating the perception of Downtown Arlington through consistent promotion and branding efforts, including a dedicated focus on social media and an updated website that showcases local businesses.
Another notable impact is the expansion of beautification efforts, which include litter patrols and storefront grants for property owners. These initiatives not only improve the visual appeal of the downtown area but also enhance the overall quality of life for residents and visitors. Furthermore, the creation and promotion of events like a new music festival reflects an understanding of the importance of cultural offerings in attracting people to the area. Overall, Downtown Arlington Management Corp’s efforts are pivotal in driving economic growth and fostering a stronger sense of community within Arlington.
This information is meant to be a general summary of Downtown Arlington Management Corp. 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.
- Program Service Revenue: $790,681
- Gross Receipts: $827,899
Assets and Liabilities:
- Total Assets: $401,809
- Total Liabilities: $110,717
- Net Assets: $291,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$584,192
EVENT REVENUE
Revenue
$206,489
Organization Details
Founding Year
2006
Phone
(817) 462-4200Principal Officer
Maggie Campbell
Main Address
501 E FRONT STREET 140, Arlington, TX, 76011
Website
www.downtownarlington.orgNTEE Category
Code: S300 - Community improvement
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