Overview
What is Indianapolis Downtown Inc?
Indianapolis Downtown Inc is a nonprofit organization based in Indianapolis, Indiana, specifically at 111 Monument Circle 250. Their mission is to enhance the economic, social, and cultural growth of downtown Indianapolis through educational, scientific, and charitable means. They execute this mission by implementing various programs and services, including ensuring safety and security, managing traffic and transportation, and maintaining the overall cleanliness and beauty of the downtown area. More specifically, Indianapolis Downtown Inc employs bike and walking police patrol officers to increase safety, coordinates public safety efforts with local law enforcement, maintains and installs holiday decorations, provides directional signage, and addresses pest bird mitigation. Additionally, they engage in beautification projects, such as planting and maintaining planters and gardens at various locations. In summary, Indianapolis Downtown Inc is an active organization dedicated to improving the vitality and appeal of downtown Indianapolis, focusing on safety, traffic management, and beautification efforts.
Official website here: www.downtownindy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Indianapolis Downtown Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The organization scores 96% in the Accountability & Finance category, indicating strong governance practices and prudent financial management. This rating suggests that donors can trust the organization to effectively manage their contributions.
The nonprofit boasts a fully independent board, with 100% of members being independent, and has a board size of 35 members. It also excels in transparency, with no material diversion of assets noted and a strong commitment to ethical operations, including a comprehensive conflict of interest policy and whistleblower protection measures. Financially, the organization demonstrates a robust program expense ratio of 97.53%, indicating that a significant majority of its spending is directed towards its programs.
While the data reflects a strong financial footing and governance structure, no specific limitations or challenges have been noted in the feedback. Overall, Indianapolis Downtown Inc's high ratings from Charity Navigator position it as a reliable choice for potential donors seeking to support effective nonprofit initiatives in the region.
This AI summary has been generated from information found on Charity Navigator.
Is Indianapolis Downtown Inc legitimate?
Indianapolis Downtown Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Downtown 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:
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For more financial information, click here
Official website here: www.downtownindy.org
What is the mission statement of Indianapolis Downtown Inc?
Indianapolis Downtown Inc, as a mission-driven organization, is committed to enhancing the downtown area of an unspecified city. Established with a focus on economic, social, and cultural development, the organization operates with educational, scientific, and charitable intentions. Its primary goal is to address critical issues affecting downtown growth and well-being, working proactively to improve the area. IDI serves the general public, aiming to contribute positively to the city's overall development.
Official website here: www.downtownindy.org
Who is the CEO of Indianapolis Downtown Inc?
Unavailable The CEO's salary of Indianapolis Downtown Inc is $0 and their total compensation is $48,000.
Official website here: www.downtownindy.org
What is the revenue of Indianapolis Downtown Inc?
Indianapolis Downtown Inc's revenue in 2022 was $743,854.
Official website here: www.downtownindy.org
Who are the executives of Indianapolis Downtown Inc and what are their salaries?
There 1000 volunteers at Indianapolis Downtown Inc.
Here are 43 key members and their salaries (Indianapolis Downtown Inc's CEO's salary is $0 and their total compensation is $48,000):
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- Related: $173,057
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- Related: $48,000
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- Related: $131,295
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Official website here: www.downtownindy.org
Where can I find the form 990 for Indianapolis Downtown Inc?
Indianapolis Downtown Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownindy.org
Learn more at the official website: www.downtownindy.org
Mission Statement of Indianapolis Downtown Inc
Indianapolis Downtown, Inc. (IDI) is a mission-driven organization committed to enhancing downtown Indianapolis. Established with the purpose of continuing the economic, social, and cultural development in the area, IDI operates through educational, scientific, and charitable means. Its primary goal is to address critical issues affecting the growth and well-being of downtown Indianapolis, working towards its improvement for the benefit of the general public in the city. IDI is an action-oriented nonprofit, dedicated to making a significant impact on the city's development, ensuring a vibrant and thriving downtown community.
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Impact
October, 2024
Indianapolis Downtown Inc significantly enhances the quality of life and economic vitality of downtown Indianapolis through a variety of targeted programs and initiatives. By addressing key issues such as safety, transportation, and beautification, IDI plays a vital role in the ongoing development of the area.
Their safety and security efforts include the deployment of bike and walking police patrol officers, which not only increases the presence of law enforcement but also fosters a sense of community safety. Through collaboration with public and private security partners, IDI coordinates comprehensive public safety initiatives that benefit both residents and visitors.
In terms of transportation, IDI focuses on improving traffic flow and public rights-of-way, ensuring that downtown remains accessible and navigable for all. Their efforts in this area contribute to a thriving urban environment that supports local businesses and encourages foot traffic.
IDI is also committed to enhancing the aesthetic appeal of downtown Indianapolis. They manage and maintain 200 planters and multiple gardens, alongside holiday decorations on prominent public spaces like Monument Circle. This commitment to beautification not only elevates the urban experience but also attracts tourists and enhances community pride.
Through these programs, Indianapolis Downtown Inc actively fosters economic, social, and cultural development in the heart of the city, making downtown Indianapolis a more vibrant and welcoming place for everyone.
This information is meant to be a general summary of Indianapolis Downtown 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 2022.
- Investment Income: $71,343
- Gross Receipts: $3,368,979
Assets and Liabilities:
- Total Assets: $8,352,267
- Total Liabilities: $238,167
- Net Assets: $8,114,100
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Organization Details
Founding Year
1993
Phone
(317) 237-2222Main Address
111 MONUMENT CIR 250, Indianapolis, IN, 46204
Website
www.downtownindy.orgNTEE Category
Code: S200 - Community improvement
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