Overview
What is Downtown Ontario Improvement Association?
The Downtown Ontario Improvement Association is a public benefit corporation primarily responsible for managing the Downtown Ontario Community Benefit Improvement District (CBD). Their primary objective is to maintain a clean, safe, and family-friendly environment in Downton Ontario, while maximizing community benefits for local businesses, property owners, and residents. Their plans include enhancing the area's aesthetics, improving its functionality, and creating a positive atmosphere within the city. The association, with a small team of one employee, strives to contribute positively to the community.
Official website here: www.downtownontario.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Downtown Ontario Improvement Association has achieved a remarkable rating of 97% from Charity Navigator, reflecting exceptional accountability and transparency in its operations. This high score is particularly significant as it stems exclusively from a strong performance in the Accountability & Finance beacon, indicating a strong commitment to responsible financial management.
The organization boasts a fully independent board, consisting of 14 members, which enhances its governance and decision-making processes. Its policies for conflict of interest, whistleblower protections, and document retention are all well-established and documented, further contributing to its high rating. Additionally, the organization maintains a healthy financial profile, evidenced by a low liabilities-to-assets ratio of 38.40% and an impressive program expense ratio of 88.20%, showing that a significant portion of its funds directly supports its mission.
While the Downtown Ontario Improvement Association demonstrates robust financial health and governance practices, continuous engagement with the community and stakeholders will be essential to maintain its success and effectiveness. Overall, the organization stands out as a reliable nonprofit dedicated to its mission, with strong accountability measures in place.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Ontario Improvement Association legitimate?
Downtown Ontario Improvement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Ontario Improvement Association 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: $81,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,763
For more financial information, click here
Official website here: www.downtownontario.org/
What is the mission statement of Downtown Ontario Improvement Association?
The Downtown Ontario Improvement Association, functioning as a public benefit corporation, is primarily responsible for managing the Downtown Ontario Community Benefit Improvement District (CBD). Their primary goal is to maintain a clean, safe, and family-friendly environment in the district, while maximizing community benefit for local business owners, property owners, and residents. They aim to enhance the aesthetic appeal of the area, improve its functionality, and establish a positive environment within the city.
Official website here: www.downtownontario.org/
Who is the CEO of Downtown Ontario Improvement Association?
Alex Baroian is the Vice President of Downtown Ontario Improvement Association.
Official website here: www.downtownontario.org/
What is the revenue of Downtown Ontario Improvement Association?
Downtown Ontario Improvement Association's revenue in 2022 was $644,378.
Official website here: www.downtownontario.org/
Who are the executives of Downtown Ontario Improvement Association and what are their salaries?
The average compensation at Downtown Ontario Improvement Association during 2022 was $82,775. There is 1 employee at Downtown Ontario Improvement Association.
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- Compensation: $81,012
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Official website here: www.downtownontario.org/
Where can I find the form 990 for Downtown Ontario Improvement Association?
Downtown Ontario Improvement Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownontario.org/
Learn more at the official website: www.downtownontario.org/
Mission Statement of Downtown Ontario Improvement Association
The Downtown Ontario Improvement Association, serving as a public benefit corporation, is primarily responsible for managing the Downtown Ontario Community Benefit Improvement District (CBD). Its mission is threefold: to maintain Downtown Ontario as a clean, safe, and family-friendly environment, maximize community benefits for local business owners, property owners, and residents, and enhance the area's aesthetics and functionality to create a positive atmosphere in the city. The association aims to beautify the area, improve its functionality, and establish a harmonious environment for all who reside or conduct business in Downtown Ontario.
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Impact
July, 2024
The Downtown Ontario Improvement Association plays a vital role in enhancing the vibrancy and appeal of Downtown Ontario. By administering the Downtown Ontario Community Benefit Improvement District (CBD), their focus on cleanliness, safety, and creating a family-friendly environment contributes significantly to the well-being of the area. They work to beautify the space, improve its functionality, and foster a positive atmosphere that benefits business owners, property owners, and residents alike. In essence, their efforts uplift the community, making Downtown Ontario a more attractive and thriving place for all who live, work, and visit there.
This information is meant to be a general summary of Downtown Ontario Improvement Association. 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: $644,378
Assets and Liabilities:
- Total Assets: $577,874
- Total Liabilities: $145,519
- Net Assets: $432,355
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Organization Details
Founding Year
2019
Phone
(909) 706-7877Principal Officer
Alex Baroian
Main Address
425 N EUCLID AVE, ONTARIO, CA, 91762
Website
www.downtownontario.org/NTEE Category
Code: S20 - Community improvement
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