Overview
What is Downtown Neighborhood Assoc Of Elgin?
The Downtown Neighborhood Assoc of Elgin is a dedicated nonprofit organization situated in Elgin, Illinois. Its primary mission involves fostering economic development by attracting new businesses to vacant downtown properties and supporting existing ones through education, grants, and strategic partnerships. This initiative aims to establish sustainable and vibrant businesses in the downtown area. In terms of community building and collaboration, the organization brings together various stakeholders such as businesses, property owners, city officials, community members, and others to cooperate and develop a thriving downtown community. In addition, the Downtown Neighborhood Assoc of Elgin is responsible for managing perception and promotion of Elgin by collaborating with the city and other organizations to showcase the city's unique offerings through marketing and special events. This helps to enhance the image and perception of downtown Elgin. Lastly, the nonprofit also advocates for the preservation of downtown Elgin's rich heritage, cultural diversity, historic architecture, and best-in-class urban design, thereby enhancing its artistic character and forward-thinking ideals. With a team of 7 dedicated individuals, the Downtown Neighborhood Assoc of Elgin is committed to supporting every business in downtown Elgin.
Official website here: www.downtownelgin.com
Is Downtown Neighborhood Assoc Of Elgin legitimate?
Downtown Neighborhood Assoc Of Elgin is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Neighborhood Assoc Of Elgin 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: $104,451
For more financial information, click here
Official website here: www.downtownelgin.com
What is the mission statement of Downtown Neighborhood Assoc Of Elgin?
The Downtown Neighborhood Association's mission is primarily centered around the revitalization and enhancement of its community. They actively recruit new businesses to vacant properties, supporting existing ones through education, grant opportunities, and strategic partnerships. This endeavor aims to foster long-term, sustainable, and vibrant businesses.
The association also focuses on community building and collaboration, bringing together businesses, property owners, city officials, community members, and other stakeholders to collaborate and build a thriving downtown community.
Perception and promotion are another significant aspect of their mission. They work with the city and other organizations to promote the city's offerings through marketing and special events, managing the image and perception of the downtown area through the press and media outlets.
Furthermore, the association is an advocate for preserving the area's rich heritage, championing the city's cultural diversity, historic architecture, and urban design. This advocacy enhances the area's artistic character and forward-thinking ideals.
Official website here: www.downtownelgin.com
Who is the CEO of Downtown Neighborhood Assoc Of Elgin?
Steve Kroiss is the President of Downtown Neighborhood Assoc Of Elgin.
Official website here: www.downtownelgin.com
What is the revenue of Downtown Neighborhood Assoc Of Elgin?
Downtown Neighborhood Assoc Of Elgin's revenue in 2022 was $267,243.
Official website here: www.downtownelgin.com
Who are the executives of Downtown Neighborhood Assoc Of Elgin and what are their salaries?
The average compensation at Downtown Neighborhood Assoc Of Elgin during 2022 was $14,922. There are 7 employees and 25 volunteers at Downtown Neighborhood Assoc Of Elgin.
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Official website here: www.downtownelgin.com
Where can I find the form 990 for Downtown Neighborhood Assoc Of Elgin?
Downtown Neighborhood Assoc Of Elgin's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownelgin.com
Learn more at the official website: www.downtownelgin.com
Mission Statement of Downtown Neighborhood Assoc Of Elgin
The Downtown Neighborhood Assoc of Elgin is committed to supporting every business within the downtown area. Their mission encompasses historical preservation, communication, education, promotion, and economic revitalization, all with the goal of fostering a thriving downtown community. They actively recruit new businesses to vacant properties, offering them educational resources, grant opportunities, and strategic partnerships. This economic development initiative aims to establish long-term, sustainable, and vibrant businesses in downtown Elgin.
In addition to economic development, the Downtown Neighborhood Assoc of Elgin is dedicated to community building and collaboration. They bring together various stakeholders, including businesses, property owners, city officials, and community members, fostering partnerships and collaborations to build a thriving downtown community. They also work with the city and other organizations to promote Elgin, showcasing its attractions through marketing and special events. By managing the image and perception of downtown Elgin, they enhance its artistic character and forward-thinking ideals.
The organization is an advocate for preserving the rich heritage of downtown Elgin. They champion the city's cultural diversity, historic architecture, and best-in-class urban design. By doing so, they enhance the artistic character and forward-thinking ideals of the area, ensuring that it remains a vibrant and attractive destination.
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Impact
October, 2024
The Downtown Neighborhood Association of Elgin plays a pivotal role in fostering a vibrant and sustainable business environment in downtown Elgin. By actively recruiting new businesses to vacant properties, the organization invigorates the local economy and ensures that existing businesses receive vital support through education, grant opportunities, and strategic partnerships.
Their collaborative approach unites businesses, property owners, city officials, and community members, fostering a sense of community and encouraging the development of a thriving downtown. Through effective marketing and special events, the association enhances the perception of downtown Elgin, showcasing its unique offerings and cultural diversity to a broader audience.
Additionally, the association emphasizes beautification and physical enhancement, advocating for the preservation of the area’s rich heritage and historic architecture. This commitment not only enriches the aesthetic and artistic character of downtown Elgin but also aligns with forward-thinking ideals that contribute to long-term economic revitalization and community improvement.
This information is meant to be a general summary of Downtown Neighborhood Assoc Of Elgin. 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: $54
- Program Service Revenue: $102,119
- Gross Receipts: $267,243
Assets and Liabilities:
- Total Assets: $378,272
- Total Liabilities: $42,551
- Net Assets: $335,721
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FARMERS MARKET
Revenue
$76,562
HOLLY DAYS
Revenue
$25,305
OTHER EVENTS
Revenue
$252
Organization Details
Founding Year
1992
Phone
(847) 488-1456Principal Officer
Steve Kroiss
Main Address
31 S GROVE AVE 100, ELGIN, IL, 60120
Website
www.downtownelgin.comNTEE Category
Code: S30 - Community improvement
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