Overview
What is Trenton Downtown Association Inc?
Trenton Downtown Association Inc is a nonprofit organization situated in Trenton, New Jersey, specifically at 16 E Hanover Street. Their primary mission is to revitalize the downtown area of Trenton, making it a more attractive location for businesses, workers, residents, and visitors. They achieve this through various initiatives, such as maintaining street cleanliness, enhancing the overall appearance of the area, ensuring visible security, organizing promotional events to draw tourists, and hosting festivals. Their activities are designed to transform Trenton into a competitive and engaging city center, contributing to its overall growth and development. The organization has a workforce of seven dedicated individuals.
Official website here: www.trenton-downtown.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
Trenton Downtown Association Inc has achieved a high rating of 92%, reflecting strong performance in accountability and finance. The organization boasts a fully independent board of directors, which is a significant strength. This independence ensures that the board can make decisions without conflicts of interest, contributing to effective governance and oversight.
The financial health of the organization is commendable, with a low liabilities-to-assets ratio of 7.88%, indicating a solid financial position. Additionally, 74.19% of its expenses are directed toward programs, showcasing a commitment to maximizing its resources for direct impact. The presence of comprehensive policies, such as those related to whistleblowing and conflict of interest, demonstrates a commitment to transparency and ethical practices.
While the data does not indicate any significant limitations, it is essential for stakeholders to continue monitoring the organization’s performance and impact over time. Overall, the Trenton Downtown Association Inc stands out as a well-managed nonprofit with a strong framework for accountability and a dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Trenton Downtown Association Inc legitimate?
Trenton Downtown Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trenton Downtown 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: $59,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,746
For more financial information, click here
Official website here: www.trenton-downtown.com
What is the mission statement of Trenton Downtown Association Inc?
The Trenton Downtown Association Inc is committed to enhancing the competitiveness of an unspecified city as a business hub and fostering an appealing environment for workers, residents, and visitors. Their mission, in essence, is to revitalize the city center. This is achieved through various initiatives such as maintaining street infrastructure, beautifying the area, ensuring safety, organizing promotional programs to attract visitors, hosting festivals, and implementing various events and programs.
Official website here: www.trenton-downtown.com
Who is the CEO of Trenton Downtown Association Inc?
Roland Pott is the Executive Dir. of Trenton Downtown Association Inc.
Official website here: www.trenton-downtown.com
What is the revenue of Trenton Downtown Association Inc?
Trenton Downtown Association Inc's revenue in 2022 was $905,563.
Official website here: www.trenton-downtown.com
Who are the executives of Trenton Downtown Association Inc and what are their salaries?
The average compensation at Trenton Downtown Association Inc during 2022 was $35,371. There are 7 employees and 17 volunteers at Trenton Downtown Association Inc.
Here are 18 key members and their salaries:
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Official website here: www.trenton-downtown.com
Where can I find the form 990 for Trenton Downtown Association Inc?
Trenton Downtown Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trenton-downtown.com
Learn more at the official website: www.trenton-downtown.com
Mission Statement of Trenton Downtown Association Inc
Trenton Downtown Association Inc is committed to enhancing the competitiveness of its city as a business hub and creating an engaging environment for workers, residents, and visitors. This nonprofit organization aims to facilitate the revitalization of the downtown area, focusing on initiatives such as street maintenance, area beautification, and maintaining a visible security presence. To attract visitors, Trenton Downtown Association Inc organizes promotional programs, festivals, and various events within the downtown area. The ultimate goal of this organization is to transform the capital city of Trenton into a more appealing and competitive location for both business owners and the broader community.
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Impact
October, 2024
Trenton Downtown Association Inc significantly enhances the vibrancy and competitiveness of Trenton, NJ, by focusing on the revitalization of its downtown area. Their efforts in street maintenance and area beautification contribute to a more attractive environment that encourages business growth and community engagement. By maintaining visible security, they foster a safe atmosphere that appeals to residents, workers, and visitors alike.
The association's promotional programs and festival events draw attention to downtown Trenton, creating a lively hub that showcases local culture and stimulates economic activity. Overall, their impact is reflected in a more dynamic, inviting, and competitive downtown, ultimately benefiting business owners and the broader community.
This information is meant to be a general summary of Trenton Downtown 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.
- Gross Receipts: $905,563
Assets and Liabilities:
- Total Assets: $652,944
- Total Liabilities: $58,016
- Net Assets: $594,928
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Organization Details
Founding Year
1986
Phone
(609) 393-8998Principal Officer
Roland Pott
Main Address
16 E Hanover Street, Trenton, NJ, 08608
Website
www.trenton-downtown.comNTEE Category
Code: S31 - Community improvement
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