Overview
What is Fordham Road District Management Association Inc?
Fordham Road District Management Association Inc, based in the Bronx, New York, is a nonprofit organization dedicated to enhancing the vitality and economic growth of a Business Improvement District (BID) within New York City. Their primary focus includes providing supplemental sanitation services, ensuring public safety, improving streetscapes, offering visitor information, and offering commercial support to property owners, businesses, and residents in the specified area. Their activities extend to removing public trash, sweeping sidewalks, removing graffiti, painting street furniture, coordinating with the NYC Department of Sanitation, and offering additional sanitation services. With a team of three dedicated individuals, Fordham Road District Management Association Inc works tirelessly to maintain the cleanliness and safety of the district, thereby fostering a thriving and prosperous community.
Official website here: www.fordhamroadbid.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Fordham Road District Management Association Inc has received an 88% rating from Charity Navigator, reflecting a strong performance primarily in Accountability & Finance. The organization benefits from a fully independent board, with 95% of members being independent, and it has a solid financial oversight structure in place, as indicated by high scores in areas like material diversion of assets and program expense ratios.
A notable strength is the absence of any material diversion of assets, emphasizing the integrity of its operations. Additionally, the nonprofit maintains thorough documentation of board meeting minutes and has a clear conflict of interest policy. However, there are areas for improvement, such as the absence of a whistleblower policy, document retention policy, and the posting of tax forms on its website, which may affect transparency for potential donors and stakeholders.
Overall, the organization demonstrates a commendable commitment to financial accountability, yet addressing the noted deficiencies could further enhance its trustworthiness and operational transparency in the eyes of the public.
This AI summary has been generated from information found on Charity Navigator.
Is Fordham Road District Management Association Inc legitimate?
Fordham Road District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fordham Road District Management 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: $135,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,075
For more financial information, click here
Official website here: www.fordhamroadbid.org
What is the mission statement of Fordham Road District Management Association Inc?
The Fordham Road District Management Association Inc is dedicated to fostering the vitality and economic growth of a Business Improvement District (BID) located in a city. The organization's mission is to offer additional sanitation, public safety, streetscape improvement, visitor information, and commercial support services to property owners, businesses, and residents within the BID area. The sanitation program includes tasks such as sidewalk sweeping, trash removal, graffiti removal, painting of street furniture, supplemental sanitation services, and coordinating with the city's Department of Sanitation to address any district-related issues and concerns. Overall, the association's goal is to enhance the overall livability and commercial appeal of the BID area.
Official website here: www.fordhamroadbid.org
Who is the CEO of Fordham Road District Management Association Inc?
Wilma Alonso is the Chairperson of Fordham Road District Management Association Inc. The CEO's salary of Fordham Road District Management Association Inc is $122,055 and their total compensation is $124,925.
Official website here: www.fordhamroadbid.org
What is the revenue of Fordham Road District Management Association Inc?
Fordham Road District Management Association Inc's revenue in 2022 was $1,131,947.
Official website here: www.fordhamroadbid.org
Who are the executives of Fordham Road District Management Association Inc and what are their salaries?
The average compensation at Fordham Road District Management Association Inc during 2022 was $94,936. There are 3 employees and 22 volunteers at Fordham Road District Management Association Inc.
Here are 24 key members and their salaries (Fordham Road District Management Association Inc's CEO's salary is $122,055 and their total compensation is $124,925):
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- Other: $3,387
Official website here: www.fordhamroadbid.org
Where can I find the form 990 for Fordham Road District Management Association Inc?
Fordham Road District Management Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fordhamroadbid.org
Learn more at the official website: www.fordhamroadbid.org
Mission Statement of Fordham Road District Management Association Inc
Fordham Road District Management Association Inc, as a nonprofit organization, is dedicated to fostering the vitality and economic growth of a Business Improvement District (BID) situated in New York City. The organization's primary mission is to deliver supplemental sanitation, public safety, streetscape improvement, visitor information, and commercial support services to the property owners, businesses, and residents within this designated area.
To achieve this, Fordham Road District Management Association Inc implements a comprehensive sanitation program that includes tasks such as sweeping sidewalks, removing public trash, eradicating graffiti, painting street furniture, providing supplemental sanitation services, and coordinating with the New York City Department of Sanitation to address any concerns related to the district. This commitment to maintaining cleanliness and order contributes significantly to the overall appeal and attractiveness of the BID, thereby fostering economic growth.
Beyond sanitation, Fordham Road District Management Association Inc also provides essential public safety services, ensuring the well-being of the community members within the BID. Additionally, the organization improves the aesthetic appeal of the area through streetscape enhancements, making it an inviting and appealing location for both businesses and residents. Furthermore, Fordham Road District Management Association Inc offers visitor information and commercial support services, which further bolsters the economic growth of the BID.
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Impact
October, 2024
Fordham Road District Management Association Inc significantly enhances the vitality and economic growth of the Fordham area in the Bronx. By implementing a comprehensive sanitation program that includes sidewalk sweeping, public trash removal, graffiti eradication, and the maintenance of street furniture, the organization ensures a clean and welcoming environment for residents, businesses, and visitors alike.
In addition to sanitation efforts, they facilitate coordination with the NYC Department of Sanitation to address concerns impacting the district, making the area more appealing and functional. The focus on public safety and streetscape improvements not only beautifies the neighborhood but also fosters a sense of community and pride.
Supporting local businesses and property owners, Fordham Road District Management Association Inc plays a crucial role in promoting economic development, ultimately enriching the community by creating a vibrant, thriving business environment. Through these efforts, the organization not only contributes to the physical landscape but also uplifts the community’s overall quality of life.
This information is meant to be a general summary of Fordham Road District Management 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.
- Investment Income: $444
- Program Service Revenue: $1,010,000
- Gross Receipts: $1,131,947
Assets and Liabilities:
- Total Assets: $406,001
- Total Liabilities: $76,095
- Net Assets: $329,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$1,010,000
Organization Details
Founding Year
2005
Phone
(718) 562-2104Principal Officer
Wilma Alonso
Main Address
2488 GRAND CONCOURSE STE 415-416, BRONX, NY, 10458
Website
www.fordhamroadbid.orgNTEE Category
Code: S22 - Community improvement
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