Overview
What is Downtown Billings Bid Inc?
Downtown Billings Bid Inc is a nonprofit organization situated in Billings, Montana, specifically at 116 N 29th St A. Their primary mission is to revitalize, maintain, and enhance the atmosphere of Downtown Billings, aiming to make it an appealing destination for various groups such as visitors, residents, business owners, employees, and students. They carry out this mission by managing certain functions, including cleanliness, appearance, and safety improvements within the area. With a workforce of 15 individuals, Downtown Billings Bid Inc is committed to making Billings a lively and welcoming urban center.
Official website here: www.downtownbillings.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Downtown Billings Bid Inc has received a mixed rating of 73% from Charity Navigator, indicating moderate performance in accountability and finance. The organization showcases strong governance practices with a fully independent board and no material diversion of assets, which reflects positively on its operational integrity.
However, there are significant weaknesses in its policies, particularly in the areas of whistleblower protection and document retention, where it scored zero out of four points. These shortcomings suggest potential vulnerabilities in organizational transparency and risk management, which could be areas for improvement moving forward. Despite these challenges, the high program expense ratio indicates a strong commitment to its mission and program delivery.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Downtown Billings Bid Inc?
88% of 62 reviewers on Facebook recommend Downtown Billings Bid Inc. Here is a summary of their reviews:
Many people express a positive sentiment towards the organization, particularly highlighting the festive atmosphere created by holiday decorations in downtown Billings. For instance, one user reminisced about the enjoyable experiences they had during Halloween, indicating that the decorations contribute significantly to a vibrant community spirit.
Overall, it appears that the nonprofit successfully captures the charm of the downtown area, fostering enjoyment among residents and visitors alike. The feedback reflects a general appreciation for the community events and decorative efforts that enhance the local experience.
This AI summary has been generated from reviews found on Facebook.
Is Downtown Billings Bid Inc legitimate?
Downtown Billings Bid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Billings Bid 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: $20,135
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,391
For more financial information, click here
Official website here: www.downtownbillings.com
What is the mission statement of Downtown Billings Bid Inc?
The mission of Downtown Billings Bid Inc, as a business improvement district, is centered around enhancing the cleanliness, aesthetic appeal, and perceived safety of its area. This is done with the aim of making it a more vibrant and attractive destination for various groups, including visitors, residents, property owners, employees, and students. The organization's activities are focused on revitalizing, maintaining, and providing hospitality services, contributing to the overall betterment and promotion of the district.
Official website here: www.downtownbillings.com
Who is the CEO of Downtown Billings Bid Inc?
Kathryn Easton is the Ceo of Downtown Billings Bid Inc. The CEO's salary of Downtown Billings Bid Inc is $20,135 and their total compensation is $67,116.
Official website here: www.downtownbillings.com
What is the revenue of Downtown Billings Bid Inc?
Downtown Billings Bid Inc's revenue in 2022 was $906,855.
Official website here: www.downtownbillings.com
Who are the executives of Downtown Billings Bid Inc and what are their salaries?
The average compensation at Downtown Billings Bid Inc during 2022 was $16,702. There are 15 employees and 20 volunteers at Downtown Billings Bid Inc.
Here are 6 key members and their salaries (Downtown Billings Bid Inc's CEO's salary is $20,135 and their total compensation is $67,116):
- Compensation: $20,135
- Related: $46,981
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.downtownbillings.com
Where can I find the form 990 for Downtown Billings Bid Inc?
Downtown Billings Bid Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownbillings.com
Learn more at the official website: www.downtownbillings.com
Mission Statement of Downtown Billings Bid Inc
Downtown Billings Bid Inc, an organization dedicated to improving the area, is committed to enhancing the cleanliness, appearance, and perception of safety in Downtown Billings. Their mission is to transform the district into a vibrant and appealing destination for visitors, residents, property owners, employees, and students alike. By executing revitalization, maintenance, and hospitality functions under the Billings Business Improvement District, Downtown Billings Bid Inc aims to make Billings an attractive and safe place, ultimately boosting its overall appeal and appeal.
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Impact
October, 2024
Downtown Billings Bid Inc plays a pivotal role in transforming and enhancing the urban landscape of Downtown Billings. By focusing on cleanliness, aesthetic improvements, and safety perceptions, the organization directly contributes to creating a welcoming environment that attracts visitors, residents, business owners, employees, and students alike.
The initiatives undertaken by the Billings Improvement District BID foster a sense of community pride and elevate the overall experience in downtown areas. The focus on revitalization not only improves physical spaces but also encourages economic activity and boosts local commerce. With its dedicated maintenance and hospitality functions, the BID enhances the vibrancy of Downtown Billings, making it a culturally rich and appealing destination for all.
Through collaborative efforts, Downtown Billings Bid Inc facilitates a positive transformation that encourages community involvement and creates an atmosphere where people want to gather, work, and explore. By investing in the area's cleanliness and safety, the BID’s work instills confidence in both residents and visitors, ultimately contributing to a thriving and dynamic downtown environment.
This information is meant to be a general summary of Downtown Billings Bid 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: $4,366
- Program Service Revenue: $578,706
- Gross Receipts: $908,543
Assets and Liabilities:
- Total Assets: $708,482
- Total Liabilities: $36,888
- Net Assets: $671,594
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue
Revenue
$578,706
Organization Details
Founding Year
2006
Phone
(406) 294-5060Principal Officer
Kathryn Easton
Main Address
116 N 29th St A, Billings, MT, 59101
Website
www.downtownbillings.comNTEE Category
Code: S31 - Community improvement
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