Overview
What is Capitol Riverfront Business Improvement District?
The Capitol Riverfront Business Improvement District (BID) is a dedicated nonprofit organization situated in Washington, D.C., specifically at 1100 New Jersey Avenue SE 1010. Their primary mission is to bolster the economic strength and vitality of the Capitol Riverfront neighborhood. To achieve this, they employ a uniformed street cleaning team to maintain cleanliness, removing trash, weeds, graffiti, sediment, and debris daily. They also host safety meetings with property owners to address local concerns. Beyond their cleaning services, the BID provides maintenance, programming, and security services for two parks in the Capitol Riverfront. They are committed to making the area clean, safe, friendly, and vibrant. This is accomplished through several activities, including maintaining clean teams, organizing marketing, branding, and special events, attracting office, retail, and residential spaces, coordinating with decision-makers, advocating for ongoing public realm improvements, and fostering community building. With a team of 11 employees, the Capitol Riverfront BID is dedicated to enhancing the overall experience and appeal of the Capitol Riverfront neighborhood.
Official website here: www.capitolriverfront.org
Is Capitol Riverfront Business Improvement District legitimate?
Capitol Riverfront Business Improvement District is a legitimate nonprofit organization registered as a 501(c)(6) entity. Capitol Riverfront Business Improvement District 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: $868,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.capitolriverfront.org
What is the mission statement of Capitol Riverfront Business Improvement District?
The Capitol Riverfront Business Improvement District is committed to enhancing the economic strength and vitality of its neighborhood. Its primary mission is to keep the area clean, safe, friendly, and vibrant. To achieve this, the organization engages in various activities, including maintaining cleanliness through clean teams, marketing and organizing special events, supporting economic development, coordinating with decision-makers, and advocating for public realm improvements, transportation access, infrastructure, and neighborhood enhancements. Furthermore, the BID is involved in community building, aiming to create a welcoming and lively environment.
Official website here: www.capitolriverfront.org
Who is the CEO of Capitol Riverfront Business Improvement District?
Michael Stevens is the Chairman of Capitol Riverfront Business Improvement District.
Official website here: www.capitolriverfront.org
What is the revenue of Capitol Riverfront Business Improvement District?
Capitol Riverfront Business Improvement District's revenue in 2022 was $4,125,775.
Official website here: www.capitolriverfront.org
Who are the executives of Capitol Riverfront Business Improvement District and what are their salaries?
The average compensation at Capitol Riverfront Business Improvement District during 2022 was $78,970. There are 11 employees at Capitol Riverfront Business Improvement District.
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- Other: $34,761
Official website here: www.capitolriverfront.org
Where can I find the form 990 for Capitol Riverfront Business Improvement District?
Capitol Riverfront Business Improvement District's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitolriverfront.org
Learn more at the official website: www.capitolriverfront.org
Mission Statement of Capitol Riverfront Business Improvement District
The Capitol Riverfront Business Improvement District is committed to enhancing the economic strength and vitality of its neighborhood. This organization's mission is threefold: firstly, it strives to keep the Capitol Riverfront clean, safe, and welcoming. Secondly, it supports and enhances the area through marketing, branding, and special events. Lastly, it works on economic development, attracting office, retail, and residential establishments to the area. The Capitol Riverfront Business Improvement District also coordinates with decision-makers and advocates on behalf of ongoing public realm, transportation access, infrastructure, and neighborhood improvements. Furthermore, it engages in community building activities. In essence, the Capitol Riverfront Business Improvement District is dedicated to making its neighborhood a vibrant and thriving place.
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Impact
October, 2024
The Capitol Riverfront Business Improvement District significantly enhances the economic vitality and overall quality of life in the Capitol Riverfront neighborhood. By providing dedicated clean team services, the BID ensures that streets and sidewalks are kept tidy, which creates a welcoming environment for residents, businesses, and visitors alike.
Daily removal of trash, weeds, graffiti, and other debris fosters a sense of pride in the community and encourages more foot traffic, which is vital for local businesses. The BID also actively addresses public safety concerns through regular meetings with property owners, fostering a collaborative approach to maintaining safety and security.
Additionally, the BID enhances the area by managing parks, organizing special events, and engaging in marketing and branding efforts. These initiatives not only promote the local economy but also attract office, retail, and residential developments, contributing to a vibrant neighborhood atmosphere. By advocating for improvements in public infrastructure and transportation access, the BID supports ongoing enhancements that benefit the entire community, making the Capitol Riverfront a clean, safe, friendly, and vibrant place to live and work.
This information is meant to be a general summary of Capitol Riverfront Business Improvement District. 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: $1,802
- Program Service Revenue: $2,814,331
- Gross Receipts: $4,125,775
Assets and Liabilities:
- Total Assets: $2,784,952
- Total Liabilities: $1,842,270
- Net Assets: $942,682
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BID ASSESSMENT
Revenue
$2,768,051
EVENT REVENUE
Revenue
$46,280
Organization Details
Founding Year
2006
Phone
(202) 465-7093Principal Officer
Michael Stevens
Main Address
1100 NEW JERSEY AVENUE SE 1010, WASHINGTON, DC, 20003
Website
www.capitolriverfront.orgNTEE Category
Code: S41 - Community improvement
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