Overview
What is Downtown South Bend Inc?
Downtown South Bend Inc, commonly known as DTSB, is a dedicated nonprofit organization based in South Bend, Indiana. With a mission to advance and revitalize the downtown area, DTSB offers business resources, support, and incentives, while hosting marketing and events to attract visitors. In 2022, the organization welcomed 18 new businesses, creating an estimated 82 jobs, and organized 131 events. The Ambassador Program, a key initiative, provided extensive cleaning, safety, and hospitality services, resulting in a noticeable improvement in the downtown environment. The organization's social services outreach specialist also engaged in numerous interactions with the community. Overall, DTSB works tirelessly to transform Downtown South Bend into a hub for arts, dining, and entertainment.
Official website here: www.downtownsouthbend.com
Is Downtown South Bend Inc legitimate?
Downtown South Bend Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown South Bend 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: $144,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,652
For more financial information, click here
Official website here: www.downtownsouthbend.com
What is the mission statement of Downtown South Bend Inc?
Downtown South Bend Inc is dedicated to promoting the growth and vitality of its downtown area. This is achieved by offering business resources, support, initiatives, and incentives. The organization also hosts marketing events and showcases downtown as a hub for arts, dining, and entertainment, attracting visitors. Its mission involves presenting initiatives that enhance the overall appeal of the downtown area and position it as a focal point for leisure activities.
Official website here: www.downtownsouthbend.com
What is the revenue of Downtown South Bend Inc?
Downtown South Bend Inc's revenue in 2023 was $1,303,911.
Official website here: www.downtownsouthbend.com
Who are the executives of Downtown South Bend Inc and what are their salaries?
The average compensation at Downtown South Bend Inc during 2023 was $29,462. There are 11 employees and 245 volunteers at Downtown South Bend Inc.
Here are 24 key members and their salaries:
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Official website here: www.downtownsouthbend.com
Where can I find the form 990 for Downtown South Bend Inc?
Downtown South Bend Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownsouthbend.com
Learn more at the official website: www.downtownsouthbend.com
Mission Statement of Downtown South Bend Inc
Downtown South Bend, Inc. is dedicated to enhancing and revitalizing the downtown area by providing business resources, support, initiatives, and incentives. The organization aims to attract visitors and establish downtown as a hub for arts, dining, and entertainment. Its mission is multifaceted, encompassing the advancement of the downtown area through various means. This includes offering business assistance, promoting events, and showcasing the area's artistic and leisure offerings.
In pursuit of its mission, Downtown South Bend, Inc. takes an active role in the community. It organizes events, plans promotions, and implements activities to draw people to the downtown area. Additionally, the organization offers business resources and support, acting as a catalyst for growth and development in the district. By highlighting downtown as a center for arts, dining, and entertainment, the nonprofit seeks to position it as a desirable destination, thereby boosting its appeal and vitality.
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Impact
October, 2024
Downtown South Bend Inc plays a pivotal role in enhancing the vibrancy and economic vitality of the downtown area. Through a range of resources and initiatives, the organization actively supports local businesses, facilitating growth and development that leads to job creation. In 2022 alone, 18 new businesses opened their doors, resulting in an estimated 82 new jobs for the community.
The organization does not just focus on business support; it also emphasizes community engagement through a variety of events and marketing campaigns. In 2022, Downtown South Bend Inc organized and promoted 131 events, creating opportunities for residents and visitors alike to experience the area's rich offerings in arts, dining, and entertainment.
The Ambassador Program further demonstrates the organization's commitment to maintaining a clean and safe environment. With over 8,677 hours dedicated to cleaning and more than 3,900 hours to safety initiatives, ambassadors significantly contribute to the overall appeal of downtown. Their efforts in trash removal, weed maintenance, and plant care, including the watering of flowers with over 58,511 gallons of water, showcase a deep commitment to beautifying the area. Additionally, the engagement of a social services outreach specialist in 1,077 interactions highlights the organization’s focus on community well-being.
Overall, Downtown South Bend Inc's multifaceted approach fosters a thriving downtown that attracts visitors, supports local businesses, and enhances the quality of life for residents.
This information is meant to be a general summary of Downtown South Bend 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.
- Program Service Revenue: $190,400
- Gross Receipts: $1,303,911
Assets and Liabilities:
- Total Assets: $571,611
- Total Liabilities: $292,581
- Net Assets: $279,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP
Revenue
$88,614
ADMISSION
Revenue
$39,399
VENDOR FEE
Revenue
$31,167
PARTICIPATION FEES
Revenue
$8,897
ADMINISTRATIVE INCOME
Revenue
$8,750
Organization Details
Founding Year
1982
Principal Officer
Willow Wetherall
Website
www.downtownsouthbend.comNTEE Category
Code: S31 - Community improvement
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