Overview
What is Muncie Downtown Dev Partnership?
The Muncie Downtown Dev Partnership is a small, nonprofit organization situated in Muncie, Indiana, at 120 W Charles Street. Its primary mission is to stimulate positive improvements in the development of the city's downtown area by facilitating public events. With a team of one dedicated individual, they work tirelessly to contribute to the growth and enhancement of their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
The Muncie Downtown Development Partnership holds a Three-Star rating with an overall score of 79%, reflecting a strong emphasis on accountability and finance. This score is derived entirely from its accountability measures, showcasing the organization's solid governance structure, including a fully independent board and adherence to various policies related to conflict of interest and whistleblower protections.
Strengths include a perfect score in several areas, such as having a majority of independent board members and no material diversion of assets. The organization demonstrates prudent financial management, with a program expense ratio of 100%, indicating that all its resources are allocated towards its mission-driven programs. Additionally, its liability to assets ratio stands at 0.00%, suggesting a healthy financial status.
While the rating is encouraging, it is important for potential supporters to remain aware that the overall score is based solely on one aspect of the organization—accountability and finance. Future evaluations may benefit from a broader assessment of program effectiveness and impact, which could provide a more comprehensive view of the nonprofit’s operations and contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Muncie Downtown Dev Partnership legitimate?
Muncie Downtown Dev Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Muncie Downtown Dev Partnership 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: $196,745
For more financial information, click here
What is the mission statement of Muncie Downtown Dev Partnership?
The Muncie Downtown Development Partnership aims to foster positive advancements in the development of its downtown area by organizing and facilitating public events. By doing so, they strive to enhance the overall appeal and vitality of the downtown district. Their activities are focused on encouraging growth and improvement, ultimately contributing to a more vibrant and attractive urban center.
What is the revenue of Muncie Downtown Dev Partnership?
Muncie Downtown Dev Partnership's revenue in 2023 was $458,663.
Who are the executives of Muncie Downtown Dev Partnership and what are their salaries?
The average compensation at Muncie Downtown Dev Partnership during 2023 was $196,745. There is 1 employee at Muncie Downtown Dev Partnership.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Muncie Downtown Dev Partnership?
Muncie Downtown Dev Partnership's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Muncie Downtown Dev Partnership
The Muncie Downtown Development Partnership, an influential nonprofit organization, is dedicated to fostering positive advancements in the development of downtown Muncie, Indiana. Their primary mission is to catalyze this transformation by orchestrating public events. By doing so, they aim to breathe new life into the downtown area, ultimately contributing to its overall improvement and growth.
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Impact
July, 2024
Muncie Downtown Dev Partnership plays a crucial role in driving positive changes in the development of Downtown Muncie, Indiana. Through the facilitation of public events, the organization actively works to enhance the vibrancy and liveliness of the downtown area. This impact is evident in the increased community engagement, economic growth, and overall revitalization of the downtown district. By fostering a sense of community and creating opportunities for residents and visitors to connect, Muncie Downtown Dev Partnership contributes significantly to the ongoing transformation and improvement of Downtown Muncie.
This information is meant to be a general summary of Muncie Downtown Dev Partnership. 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: $98,563
- Gross Receipts: $458,663
Assets and Liabilities:
- Total Assets: $286,669
- Total Liabilities: $0
- Net Assets: $286,669
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT INCOME
Revenue
$6,301
Fire Up Downtown
Revenue
$89,912
MISC CITY PROGRAMS SERV
Revenue
$2,350
Organization Details
Founding Year
1995
Principal Officer
Jim Borgmann
NTEE Category
Code: S21Z - Community improvement
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