Overview
What is Downtown Tomorrow Inc?
Downtown Tomorrow Inc, established in Kalamazoo, Michigan, is a nonprofit organization primarily focused on urban development. Their main mission is to aid the Downtown Development Authority in implementing the Arcadia Creek Plan, a project that involves purchasing, holding, and eventually disposing of necessary real estate. Beyond this, Downtown Tomorrow Inc engages in various other development activities and projects within the downtown area of Kalamazoo, contributing to the city's growth and improvement.
Is Downtown Tomorrow Inc legitimate?
Downtown Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Tomorrow 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Downtown Tomorrow Inc?
Downtown Tomorrow Inc's mission revolves around assisting in the implementation of the Arcadia Creek Plan, which is a development project. The organization works in close collaboration with the Downtown Development Authority. Beyond this, Downtown Tomorrow Inc also engages in purchasing and disposing of necessary real estate for these projects and undertakes other development activities within the downtown area. Their overall goal is to contribute to the growth and development of the downtown sector.
What is the revenue of Downtown Tomorrow Inc?
Downtown Tomorrow Inc's revenue in 2023 was $0.
Who are the executives of Downtown Tomorrow Inc and what are their salaries?
There 9 volunteers at Downtown Tomorrow Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Downtown Tomorrow Inc?
Downtown Tomorrow Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Downtown Tomorrow Inc
Downtown Tomorrow Inc, a nonprofit organization, is committed to assisting the Downtown Development Authority in implementing the Arcadia Creek Plan. Their mission primarily revolves around undertaking development activities and projects within the downtown Kalamazoo area. This involves working closely with the Downtown Development Authority to ensure the successful implementation of the Arcadia Creek Plan. In addition to this, Downtown Tomorrow Inc also has the authority to purchase, hold, and eventually dispose of real estate needed for the Arcadia Creek Project or other development initiatives within the downtown area. The organization's scope of work extends beyond the Arcadia Creek Project, as it also engages in other development activities and projects within the downtown area.
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Impact
October, 2024
Downtown Tomorrow Inc significantly impacts the downtown Kalamazoo area by driving development activities and projects that enhance the urban landscape. By collaborating with the Downtown Development Authority, it plays a crucial role in implementing the Arcadia Creek Plan, which aims to revitalize the area and promote community engagement.
Through the acquisition and management of real estate, Downtown Tomorrow Inc ensures that the necessary properties for the Arcadia Creek Project and other initiatives are available, paving the way for transformative developments. These efforts not only improve the physical environment of downtown Kalamazoo but also foster economic growth, stimulate local businesses, and enhance the overall quality of life for residents.
By undertaking various development activities, the organization aims to create vibrant public spaces, encourage sustainable growth, and cultivate a thriving downtown community that attracts visitors and supports local culture. The commitment to community improvement at the heart of its mission underscores the long-term benefits that Downtown Tomorrow Inc brings to the region.
This information is meant to be a general summary of Downtown Tomorrow 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: $18,750
- Gross Receipts: $18,750
Assets and Liabilities:
- Total Assets: $1,475,273
- Total Liabilities: $1,876,316
- Net Assets: -$401,043
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$18,750
Organization Details
Founding Year
1984
Principal Officer
Kenneth V Miller
NTEE Category
Code: S31Z - Community improvement
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