Overview
What is Downtown Cincinnati Improvement District?
The Downtown Cincinnati Improvement District is a nonprofit organization situated in Cincinnati, Ohio, specifically at 1203 Walnut Street 4th Floor. Its primary mission is to enhance and revitalize the downtown area, ensuring it remains a lively and appealing hub of activity. This is achieved through several initiatives. Firstly, the organization maintains and improves the cleanliness, safety, and welcoming atmosphere of downtown, including the renowned Downtown Ambassador program. Secondly, they boost the image and usage of the downtown area by employing strategic marketing and communications strategies, such as proactive media relations, engaging social media posts, and producing free downtown events. Lastly, they advocate for and support business and residential growth in the downtown area by offering stakeholder services and serving as the primary source of downtown data collection and distribution to stakeholders. This is achieved through the provision of the State of Downtown report.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
The Downtown Cincinnati Improvement District has been evaluated with a score of 79%, reflecting a good standing in terms of accountability and finance. The rating is based solely on the Accountability & Finance beacon, which indicates a strong emphasis on fiscal responsibility and transparency within the organization.
Strengths of the organization include a fully independent board, which demonstrates a commitment to governance and oversight. The District has implemented key policies, such as conflict of interest, whistleblower protection, and document retention, ensuring ethical management practices. Additionally, the low liabilities to assets ratio and a high program expense ratio indicate effective allocation of resources toward its mission.
While the organization shows a solid financial framework, the single focus of the rating means that other aspects such as fundraising efficiency or programmatic impact are not covered in this evaluation. Therefore, while the accountability metrics are commendable, potential donors or stakeholders may wish to look for additional insights regarding the overall effectiveness and reach of the organization’s programs.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Cincinnati Improvement District legitimate?
Downtown Cincinnati Improvement District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Cincinnati Improvement District 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:
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What is the mission statement of Downtown Cincinnati Improvement District?
The Downtown Cincinnati Improvement District's mission is centered around creating a clean, safe, and inviting atmosphere in its downtown area. This is achieved through various initiatives, such as maintaining and improving the environment, marketing and communications to boost downtown's image, and advocating for business and residential growth. The district also serves as a primary source of downtown data for stakeholders, providing regular reports on its state.
Who is the CEO of Downtown Cincinnati Improvement District?
Brian Banke is the Chair of Downtown Cincinnati Improvement District.
What is the revenue of Downtown Cincinnati Improvement District?
Downtown Cincinnati Improvement District's revenue in 2022 was $3,268,761.
Who are the executives of Downtown Cincinnati Improvement District and what are their salaries?
There 9 volunteers at Downtown Cincinnati Improvement District.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Downtown Cincinnati Improvement District?
Downtown Cincinnati Improvement District's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Downtown Cincinnati Improvement District
The Downtown Cincinnati Improvement District is dedicated to establishing a thriving, secure, and inviting atmosphere within the downtown area. This mission is achieved through various initiatives, such as the maintenance and improvement of the environment, ensuring it remains clean, safe, and appealing. One of their notable projects is the Downtown Ambassador program, which contributes to this endeavor.
In addition to environmental upkeep, the Downtown Cincinnati Improvement District also aims to promote and enhance the image of downtown as a lively center of activity. This is accomplished through strategic marketing and communication strategies, including proactive media relations, captivating social media messaging, and the organization of free downtown events to boost attendance and vitality.
Furthermore, the Downtown Cincinnati Improvement District supports business and residential growth within the downtown area. They achieve this by offering stakeholder services and acting as the primary source for downtown data collection and distribution to stakeholders. This includes providing the State of Downtown report, which is a valuable resource for those invested in the area's growth and development.
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Impact
October, 2024
The Downtown Cincinnati Improvement District (DCID) plays a crucial role in enhancing the urban environment of downtown Cincinnati. By focusing on cleanliness, safety, and accessibility, DCID creates a welcoming atmosphere that attracts both visitors and residents. Their initiatives, such as the recognized Downtown Ambassador program, ensure that the area remains inviting and secure.
DCID also prioritizes the promotion of downtown as a vibrant hub through strategic marketing and communications. This includes proactive media relations, engaging social media campaigns, and free community events that draw people to the area, fostering a sense of community and vibrancy.
Additionally, DCID advocates for business and residential growth by providing valuable data and insights through the State of Downtown report, supporting stakeholders in making informed decisions about investments and community development. Overall, DCID's impact is seen in the revitalization of Cincinnati's downtown, making it a thriving center for activity and engagement.
This information is meant to be a general summary of Downtown Cincinnati Improvement District. 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.
- Gross Receipts: $3,268,761
Assets and Liabilities:
- Total Assets: $746,209
- Total Liabilities: $213
- Net Assets: $745,996
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Organization Details
Founding Year
1997
Phone
(513) 621-4400Principal Officer
Brian Banke
Main Address
1203 Walnut Street 4th Floor, Cincinnati, OH, 45202
NTEE Category
Code: S20 - Community improvement
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