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Downtown Framingham Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262634709 ✦ Framingham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Framingham Inc?

Downtown Framingham Inc is a nonprofit organization dedicated to revitalizing its local community through urban, economic development initiatives. Their mission focuses on improving the area's economic well-being, working towards a more vibrant and prosperous community. While specific details about their activities or projects were not provided, the organization's commitment to community development and economic growth is clear.


Official website here: www.fdrms.org

Is Downtown Framingham Inc legitimate?

Downtown Framingham Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Framingham Inc 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.fdrms.org

What is the mission statement of Downtown Framingham Inc?

Downtown Framingham Inc's mission is centered around revitalizing its community through urban economic development. This organization is committed to enhancing the local area by focusing on community development efforts. Their goal is to stimulate economic growth and improve the overall quality of life in the community. They strive to achieve this by implementing strategies that foster business development, job creation, and overall urban renewal.


Official website here: www.fdrms.org

Who is the CEO of Downtown Framingham Inc?

Anne O'Connell is the President of Downtown Framingham Inc.


Official website here: www.fdrms.org

What is the revenue of Downtown Framingham Inc?

Downtown Framingham Inc's revenue in 2022 was $141,311.


Official website here: www.fdrms.org

Who are the executives of Downtown Framingham Inc and what are their salaries?


Here are 6 key members and their salaries:


Anne O'Connell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Lucivero (Executive Dir.)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Brooke Harvey (Social Media Co)
  • Compensation: $11,700
  • Related: $0
  • Other: $0
Alex Paiva (Business Outrea)
  • Compensation: $20,800
  • Related: $0
  • Other: $0
Brian Li (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie White Harvey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fdrms.org

Where can I find the form 990EZ for Downtown Framingham Inc?

Downtown Framingham Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.fdrms.org

Learn more at the official website: www.fdrms.org

Mission Statement of Downtown Framingham Inc

Downtown Framingham Inc, a nonprofit organization, is committed to revitalizing its community through an urban and economic development mission. The goal is to breathe new life into the area, aiming to foster a thriving and vibrant community for all its inhabitants. This mission involves promoting economic growth and development, ensuring that the area remains a desirable and attractive destination for both businesses and residents alike.

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Impact




October, 2024

Downtown Framingham Inc has made a significant impact on the revitalization of the Framingham area, focusing on urban and community economic development. By implementing initiatives that enhance the local economy and improve public spaces, Downtown Framingham Inc fosters a vibrant and inviting atmosphere for residents, businesses, and visitors alike. This commitment to community improvement not only attracts new businesses but also supports existing ones, creating a more robust and diverse economic landscape.

The organization plays a crucial role in promoting events and activities that bring the community together, further enhancing the sense of belonging and pride among residents. By investing in the infrastructure and aesthetic appeal of downtown, it encourages foot traffic and engagement, leading to a thriving local culture and economy. Overall, Downtown Framingham Inc serves as a catalyst for positive change, transforming the downtown area into a dynamic hub for community interaction and economic growth.




This information is meant to be a general summary of Downtown Framingham 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.

Revenue
$141,311 (2022)
Expenses
$138,235 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $11,260
  • Gross Receipts: $141,311

Assets and Liabilities:

  • Total Assets: $7,348
  • Total Liabilities: $169,594
  • Net Assets: -$162,246

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Organization Details

Principal Officer

Anne O'Connell

Main Address

12 IRVING STREET 205, FRAMINGHAM, MA, 01702

NTEE Category

Code: S20 - Community improvement

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