Overview
What is Diamond City Partnership Inc?
Diamond City Partnership Inc, based in Wilkes-Bare, Pennsylvania, serves as the revitalization organization for the downtown area of the city. Their primary mission is to collaborate with various organizations, businesses, and individuals to develop and implement strategies that revitalize specific areas within Wilkes-Bare. They focus on creating new marketing and business development initiatives, building upon their established "Clean and Safe" activities. The organization also supports the city by assisting in cleaning streets and sidewalks, providing additional security, and administering the Business Improvement District program. Overall, Diamond City Partnership Inc is dedicated to enhancing the appeal and vitality of downtown Wilkes-Bare, fostering a sense of community and economic growth.
Official website here: www.wbdcp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Diamond City Partnership Inc has achieved a respectable rating of 84%, which reflects a solid performance in its accountability and finance practices. This rating is primarily based on its accountability and finance score, indicating that the organization maintains a high level of transparency and effectiveness in its financial management.
The organization excels in several key areas, such as having a fully independent board of directors and thorough financial audits. They have demonstrated a strong commitment to responsible financial practices, with a program expense ratio of 79.15%, meaning a significant portion of their expenditures directly supports their programs. Additionally, they have no reported material diversion of assets, which enhances their credibility.
However, there are some limitations noted, particularly the absence of a conflict of interest policy and a whistleblower policy, which could indicate areas for improvement in governance practices. Addressing these gaps could enhance overall organizational integrity and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Diamond City Partnership Inc legitimate?
Diamond City Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diamond City Partnership 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: $107,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,470
For more financial information, click here
Official website here: www.wbdcp.org
What is the mission statement of Diamond City Partnership Inc?
The mission of Diamond City Partnership Inc, serving as a downtown revitalization organization, is to foster collaboration among various entities, including organizations, businesses, and individuals. Their primary goal is to develop and execute revitalization strategies for designated areas within a city. This organization aims to contribute to the enhancement and transformation of these areas, ultimately promoting community growth and development.
Official website here: www.wbdcp.org
Who is the CEO of Diamond City Partnership Inc?
Michael Wood is the Treasurer of Diamond City Partnership Inc.
Official website here: www.wbdcp.org
What is the revenue of Diamond City Partnership Inc?
Diamond City Partnership Inc's revenue in 2022 was $679,754.
Official website here: www.wbdcp.org
Who are the executives of Diamond City Partnership Inc and what are their salaries?
The average compensation at Diamond City Partnership Inc during 2022 was $39,756. There are 4 employees at Diamond City Partnership Inc.
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- Compensation: $107,552
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Official website here: www.wbdcp.org
Where can I find the form 990 for Diamond City Partnership Inc?
Diamond City Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wbdcp.org
Learn more at the official website: www.wbdcp.org
Mission Statement of Diamond City Partnership Inc
Diamond City Partnership Inc, serving as Wilkes-Barre's downtown revitalization organization, is dedicated to upholding the community's vision for the city's downtown area. Their defined mission involves cultivating an alliance of various organizations, businesses, and individuals, all working together to strategize and implement revitalization plans for designated areas within Wilkes-Barre, Pennsylvania. By fostering collaboration and shared goals, Diamond City Partnership Inc aims to breathe new life into the city's downtown district.
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Impact
July, 2024
Diamond City Partnership Inc's impact can be seen in the revitalization of Wilkes-Barre's downtown area. By forming alliances with organizations, businesses, and individuals, this organization has developed and implemented strategies to enhance the city's economic and social landscape. Their focus on creating new marketing and business development initiatives, in addition to their "clean and safe" activities, has attracted new audiences to downtown Wilkes-Barre. Moreover, their programs that involve cleaning the streets and providing extra security contribute to a safer and more inviting environment for residents and visitors. Overall, Diamond City Partnership Inc's efforts have played a significant role in improving the overall quality of life in Wilkes-Barre, Pennsylvania.
This information is meant to be a general summary of Diamond City Partnership 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.
- Program Service Revenue: $315,053
- Gross Receipts: $679,754
Assets and Liabilities:
- Total Assets: $245,379
- Total Liabilities: $48,487
- Net Assets: $196,892
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BID PROGRAM
Revenue
$315,053
Organization Details
Founding Year
2001
Phone
(570) 208-9737Principal Officer
Michael Wood
Main Address
4 PUBLIC SQUARE, WILKESBARRE, PA, 18701
Website
www.wbdcp.orgNTEE Category
Code: S20 - Community improvement
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