Overview
What is Fifth Avenue South Business Improvement?
Fifth Avenue South Business Improvement is a nonprofit organization located at 649 5th Avenue S, Ste 204, Naples, FL 34102. Their primary mission is to enhance and improve commercial property in the Fifth Avenue South Business Improvement District in Naples, Florida. They accomplish this through various promotional, managerial, marketing, and administrative services. To increase public interest, they sponsor events and holidays, and have launched a comprehensive brand and marketing program, featuring enhanced advertising, a revamped logo and tagline, and enhanced event schedules. Additionally, they have installed decorative street lighting, directory signage, and implemented outreach programs for merchants, property owners, and the larger community. Their workforce comprises two dedicated individuals.
Official website here: www.fifthavenuesouth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
Fifth Avenue South Business Improvement has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and finance practices. The rating is based solely on a comprehensive evaluation of fiscal accountability, with a strong emphasis on governance and financial management. The organization boasts an entirely independent board, which enhances its credibility and oversight.
Among the strengths highlighted are perfect scores in several categories, including financial statements audit and program expense ratio, indicating a commitment to transparency and effective use of resources. However, the organization received a lower score due to the absence of a whistleblower policy and a liability-to-assets ratio that did not meet expectations. These factors may represent areas for improvement that the organization should consider addressing to bolster its overall performance and governance.
Despite these limitations, the nonprofit demonstrates a solid foundation of accountability and finance practices, with proactive measures in place to ensure financial integrity. The strengths in program expense allocation suggest that the organization prioritizes its mission-driven activities effectively, despite needing to enhance some governance policies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fifth Avenue South Business Improvement?
90% of 762 reviewers on Facebook recommend Fifth Avenue South Business Improvement. Here’s a summary of their experiences:
Many find Fifth Avenue South to be an enjoyable place to relax and immerse themselves in the atmosphere. Visitors appreciate the vibrant environment, often mentioning it as a perfect location for leisurely strolls and socializing, particularly on warm evenings. The overall sentiment reflects a positive vibe, highlighting the area's charm and appeal.
Though the reviews are limited, the consistent emphasis on its lovely ambiance suggests that it successfully attracts patrons seeking a pleasant outing. Overall, those who visit seem to have a satisfying experience, enjoying both the location and the community it fosters.
This AI summary has been generated from reviews found on Facebook.
Is Fifth Avenue South Business Improvement legitimate?
Fifth Avenue South Business Improvement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fifth Avenue South Business Improvement 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,581
For more financial information, click here
Official website here: www.fifthavenuesouth.com
What is the mission statement of Fifth Avenue South Business Improvement?
The Fifth Avenue South Business Improvement District's mission is centered around stabilizing and improving commercial property in an assessment area. This is achieved through various services such as promotion, management, marketing, and administration. The organization aims to increase public interest in the district by hosting events and launching comprehensive branding and marketing initiatives. These include enhanced advertising, a new logo and tagline, event scheduling, and outreach programs to merchants, property owners, and the wider community. Additionally, the organization has added decorative street lighting, directory signage, and instituted outreach programs to enhance the district's appeal.
Official website here: www.fifthavenuesouth.com
Who is the CEO of Fifth Avenue South Business Improvement?
Christopher Shucart is the President of Fifth Avenue South Business Improvement.
Official website here: www.fifthavenuesouth.com
What is the revenue of Fifth Avenue South Business Improvement?
Fifth Avenue South Business Improvement's revenue in 2022 was $625,149.
Official website here: www.fifthavenuesouth.com
Who are the executives of Fifth Avenue South Business Improvement and what are their salaries?
The average compensation at Fifth Avenue South Business Improvement during 2022 was $59,290. There are 2 employees and 7 volunteers at Fifth Avenue South Business Improvement.
Here are 7 key members and their salaries:
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- Other: $0
Official website here: www.fifthavenuesouth.com
Where can I find the form 990 for Fifth Avenue South Business Improvement?
Fifth Avenue South Business Improvement's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fifthavenuesouth.com
Learn more at the official website: www.fifthavenuesouth.com
Mission Statement of Fifth Avenue South Business Improvement
Fifth Avenue South Business Improvement District, Inc. is committed to enhancing and stabilizing commercial properties through various promotional, management, marketing, and administrative services in a designated assessment area. The organization's primary objective is to boost public interest in the district by organizing numerous street events and holiday celebrations. To achieve this, Fifth Avenue South Business Improvement District, Inc. has launched a comprehensive brand and marketing program. This includes a new logo, tagline, image, and event advertising, as well as a website, directory brochures, and an enhanced events schedule. Furthermore, the organization has added decorative street lighting, directory signage, and initiated outreach programs to engage merchants, property owners, and the wider community. In essence, Fifth Avenue South Business Improvement District, Inc. works tirelessly to enhance the overall appeal and commercial success of the designated assessment area.
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Impact
July, 2024
Fifth Avenue South Business Improvement has had a significant impact in Naples, Florida, by increasing public interest in the Fifth Avenue South Business Improvement District. Through sponsoring street events, holiday celebrations, and implementing a comprehensive brand and marketing program, the organization has successfully enhanced the district's visibility and appeal. Additionally, initiatives such as adding decorative street lighting, directory signage, and outreach programs to merchants and the community have contributed to the overall improvement of the commercial property in the area. Overall, Fifth Avenue South Business Improvement's efforts have positively influenced the community and local businesses, making it a key player in driving forward economic growth and development in Naples.
This information is meant to be a general summary of Fifth Avenue South Business Improvement. 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: $186
- Program Service Revenue: $624,963
- Gross Receipts: $625,149
Assets and Liabilities:
- Total Assets: $567,425
- Total Liabilities: $451,702
- Net Assets: $115,723
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BID REVENUE
Revenue
$579,704
EVENT REVSPONSORS
Revenue
$34,151
MAGAZINE COMMISSIONS
Revenue
$11,108
Organization Details
Founding Year
2011
Principal Officer
Christopher Shucart
Main Address
649 5TH AVENUE S STE 204, NAPLES, FL, 34102
Website
www.fifthavenuesouth.comNTEE Category
Code: S30 - Community improvement
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