Overview
What is Historic Downtown Special Improvements District?
The Historic Downtown Special Improvements District is a nonprofit organization based in Jersey City. Its primary mission is to bolster the economic climate of the business district by focusing on enhancing safety and maintenance in the area. By doing so, this organization aims to create a more thriving and appealing environment for businesses and visitors alike.
Is Historic Downtown Special Improvements District legitimate?
Historic Downtown Special Improvements District is a legitimate nonprofit organization registered as a 501(c)(6) entity. Historic Downtown Special Improvements 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: $119,842
Professional Fundraising Fees: $0
Other Salaries and Wages: $254,715
For more financial information, click here
What is the mission statement of Historic Downtown Special Improvements District?
The Historic Downtown Special Improvements District's mission is centered around enhancing the economic climate in a business district. They achieve this by focusing on improving safety and maintenance within the specified area. This proactive approach aims to create a more attractive and secure environment for businesses, thereby potentially increasing their success and attracting more customers. By maintaining the area's appearance and ensuring safety, the district contributes to the overall vitality and growth of the business district.
What is the revenue of Historic Downtown Special Improvements District?
Historic Downtown Special Improvements District's revenue in 2024 was $1,088,969.
Who are the executives of Historic Downtown Special Improvements District and what are their salaries?
The average compensation at Historic Downtown Special Improvements District during 2024 was $31,213. There are 12 employees and 7 volunteers at Historic Downtown Special Improvements District.
Here are 11 key members and their salaries:
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- Compensation: $113,745
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Where can I find the form 990 for Historic Downtown Special Improvements District?
Historic Downtown Special Improvements District's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Historic Downtown Special Improvements District
The Historic Downtown Special Improvements District, an organization in Jersey City, aims to boost the economic climate of its business district by focusing on enhancing safety and maintaining the area's overall appearance. By doing so, this nonprofit contributes to attracting more businesses and customers, thereby improving the economic health of the district.
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Impact
October, 2024
The Historic Downtown Special Improvements District significantly enhances the economic climate of Jersey City's business district by focusing on two key areas: safety and maintenance. By prioritizing a clean and secure environment, the district attracts more visitors and residents, fostering increased foot traffic for local businesses. The improvements in public safety create a more welcoming atmosphere, encouraging people to shop, dine, and engage with the community.
Moreover, consistent maintenance ensures that the area remains visually appealing and conducive to business operations. This attractive environment not only supports existing businesses but also entices new ventures to set up shop, contributing to job growth and local economic development. Overall, the efforts of the Historic Downtown Special Improvements District play a crucial role in sustaining and enhancing the vibrancy of Jersey City’s Historic Downtown area.
This information is meant to be a general summary of Historic Downtown Special Improvements 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 2024.
- Investment Income: $69
- Program Service Revenue: $1,088,900
- Gross Receipts: $1,088,969
Assets and Liabilities:
- Total Assets: $82,630
- Total Liabilities: $164,027
- Net Assets: -$81,397
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL IMPROVEMENT DISTRICT ASSESMENT
Revenue
$444,576
SPONSORSHIP FEES
Revenue
$97,299
PROGRAM FEES
Revenue
$417,053
Organization Details
Founding Year
1998
Principal Officer
Steve Kalcanides
NTEE Category
Code: S41 - Community improvement
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