Overview
What is District Management Assoc Downtown Troy Business Improvement Dist Inc?
District Management Assoc Downtown Troy Business Improvement Dist Inc is a nonprofit organization dedicated to fostering economic growth and development in the Downtown Troy community. By creating an inviting, dynamic, and sustainable environment, they celebrate the city's rich history while looking towards its future. They achieve this through hosting various events annually, such as the popular Rockin' on the River summer concert series and Troy Night Out art and culture event, engaging in exciting quality endeavors that attract thousands of visitors to Downtown Troy.
Official website here: www.downtowntroy.org
Is District Management Assoc Downtown Troy Business Improvement Dist Inc legitimate?
District Management Assoc Downtown Troy Business Improvement Dist Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. District Management Assoc Downtown Troy Business Improvement Dist 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,761
For more financial information, click here
Official website here: www.downtowntroy.org
What is the mission statement of District Management Assoc Downtown Troy Business Improvement Dist Inc?
The District Management Association Downtown Troy Business Improvement District aims to foster economic growth and development in a particular community. They achieve this by creating an engaging, vibrant, and sustainable environment, honoring the area's history while looking forward to its future. Various events, including the popular Rockin' on the River summer concert series and Troy Night Out art and culture event, are organized to attract crowds to the area, furthering this objective. The association actively takes part in planning and executing exciting, high-quality events in the community.
Official website here: www.downtowntroy.org
What is the revenue of District Management Assoc Downtown Troy Business Improvement Dist Inc?
District Management Assoc Downtown Troy Business Improvement Dist Inc's revenue in 2023 was $233,596.
Official website here: www.downtowntroy.org
Who are the executives of District Management Assoc Downtown Troy Business Improvement Dist Inc and what are their salaries?
The average compensation at District Management Assoc Downtown Troy Business Improvement Dist Inc during 2023 was $27,460. There are 6 employees at District Management Assoc Downtown Troy Business Improvement Dist Inc.
Here are 19 key members and their salaries:
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Official website here: www.downtowntroy.org
Where can I find the form 990 for District Management Assoc Downtown Troy Business Improvement Dist Inc?
District Management Assoc Downtown Troy Business Improvement Dist Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtowntroy.org
Learn more at the official website: www.downtowntroy.org
Mission Statement of District Management Assoc Downtown Troy Business Improvement Dist Inc
District Management Assoc Downtown Troy Business Improvement Dist Inc is committed to fostering the economic growth and development of the Downtown Troy community. They strive to create an environment that is not only inviting and dynamic but also sustainable, celebrating the city's rich history while looking towards its future. The organization achieves this by hosting a variety of events throughout the year, attracting thousands of people to Downtown Troy. This includes the popular 'Rockin' on the River' summer concert series and the monthly 'Troy Night Out' art and culture event. Additionally, District Management Assoc Downtown Troy Business Improvement Dist Inc is actively involved in organizing and executing other exciting quality events in the area.
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Impact
October, 2024
District Management Association Downtown Troy Business Improvement District Inc significantly enhances the economic and cultural landscape of Downtown Troy. By fostering an inviting, vibrant, and sustainable environment, it attracts both locals and visitors, celebrating the city's rich history while gearing up for its future.
Through a diverse range of events, such as the "Rockin’ on the River" summer concert series and the monthly "Troy Night Out" art and culture events, the organization draws thousands to the area each year. These events not only provide entertainment but also support local businesses, creating a ripple effect that bolsters the economic vitality of the community.
Additionally, the emphasis on creating a dynamic urban environment contributes to the overall quality of life, encouraging more people to engage with the downtown area. This dual focus on cultural enrichment and economic development positions Downtown Troy as a thriving hub for residents and visitors alike.
This information is meant to be a general summary of District Management Assoc Downtown Troy Business Improvement Dist 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 2023.
- Investment Income: $137
- Program Service Revenue: $173,193
- Gross Receipts: $266,742
Assets and Liabilities:
- Total Assets: $301,571
- Total Liabilities: $25,182
- Net Assets: $276,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$154,803
OTHER EVENT
Revenue
$18,390
Organization Details
Founding Year
2010
Principal Officer
Matt Callahan
Website
www.downtowntroy.orgNTEE Category
Code: S31 - Community improvement
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