Overview
What is Downtown Indiana A Non-Profit Org?
Downtown Indiana A Non-Profit Org is a dedicated urban development organization based in Indiana, Pennsylvania. Their primary objective is to enhance the economic prospects of the Downtown Indiana area. This nonprofit organization works tirelessly to achieve this mission, employing various strategies to foster growth and prosperity within the downtown district. Their activities are geared towards improving the local economy, making it a hub of opportunities and progress.
Official website here: www.downtownindiana.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star Rating.
Downtown Indiana A Non-Profit Org has received a low rating due to significant issues in accountability and finance. While the organization boasts a fully independent board and has good practices concerning asset diversion and conflict of interest policies, it lacks critical policies such as a whistleblower policy and document retention guidelines, which are essential for maintaining transparency and accountability.
The organization has a concerning liabilities to assets ratio of 847.36%, indicating potential financial instability. Additionally, its program expense ratio is relatively low at 54.32%, suggesting that a smaller proportion of its budget is allocated directly to programs and services, which may impact its effectiveness in fulfilling its mission.
Overall, while Downtown Indiana A Non-Profit Org demonstrates some strengths, particularly in governance, the significant weaknesses in financial management and transparency raise concerns for potential supporters and stakeholders considering involvement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Indiana A Non-Profit Org legitimate?
Downtown Indiana A Non-Profit Org is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Indiana A Non-Profit Org submitted a form 990EZ, 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.
Official website here: www.downtownindiana.org
What is the mission statement of Downtown Indiana A Non-Profit Org?
Downtown Indiana A Non-Profit Org, as an urban development organization, aims to enhance the economic condition of its specific downtown area. By undertaking this mission, the organization seeks to contribute positively to the overall development and growth of the community. The primary focus is on improving the economic vitality of the downtown sector, thereby fostering a more prosperous and dynamic living environment for its residents and businesses. The organization may employ various strategies, such as attracting new businesses, promoting local businesses, and revitalizing infrastructure, to achieve its objectives. By successfully fulfilling its mission, Downtown Indiana A Non-Profit Org can contribute to the overall well-being and prosperity of the community.
Official website here: www.downtownindiana.org
Who is the CEO of Downtown Indiana A Non-Profit Org?
Chad Martin is the President of Downtown Indiana A Non-Profit Org.
Official website here: www.downtownindiana.org
What is the revenue of Downtown Indiana A Non-Profit Org?
Downtown Indiana A Non-Profit Org's revenue in 2022 was $117,681.
Official website here: www.downtownindiana.org
Who are the executives of Downtown Indiana A Non-Profit Org and what are their salaries?
Here are 23 key members and their salaries:
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Official website here: www.downtownindiana.org
Where can I find the form 990EZ for Downtown Indiana A Non-Profit Org?
Downtown Indiana A Non-Profit Org's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.downtownindiana.org
Learn more at the official website: www.downtownindiana.org
Mission Statement of Downtown Indiana A Non-Profit Org
Downtown Indiana A Non-Profit Org is an urban development organization with a mission to enhance the economic condition of Downtown Indiana. In simpler terms, this non-profit organization strives to elevate the economic landscape of the downtown area. By improving the economic situation, Downtown Indiana A Non-Profit Org aims to contribute positively to the overall development and growth of the community. The organization's mission is a testament to its commitment to fostering a thriving and prosperous downtown environment.
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Impact
October, 2024
Downtown Indiana A Non-Profit Org significantly enhances the economic landscape of Indiana, PA. By focusing on urban development, it strives to revitalize the downtown area, creating a vibrant environment for businesses and residents alike. Through various initiatives, the organization fosters community improvement, encouraging local entrepreneurship and attracting visitors. Its efforts help to boost foot traffic, enhance the appeal of the downtown area, and ultimately contribute to the overall economic health of the community. By improving local infrastructure and supporting events that promote engagement, it plays a crucial role in shaping a thriving urban center.
This information is meant to be a general summary of Downtown Indiana A Non-Profit Org. 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: $604
- Program Service Revenue: $34,310
- Gross Receipts: $128,203
Assets and Liabilities:
- Total Assets: $75,302
- Total Liabilities: $72,663
- Net Assets: $2,639
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Organization Details
Phone
(724) 463-6110Principal Officer
Chad Martin
Main Address
9 NORTH 9TH STREET, INDIANA, PA, 15701
Website
www.downtownindiana.orgNTEE Category
Code: S31 - Community improvement
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