Overview
What is Westchester Square District Management Association Inc?
Westchester Square District Management Association Inc is a nonprofit organization situated in the Bronx, New York, specifically at 43 WESTCHESTER SQUARE 2ND F. Their primary mission is to enhance the Westchester Square section of the Bronx through various initiatives. They manage the New York City Business Improvement District program, focusing on maintaining cleanliness, decorating streets, promoting local businesses, and installing holiday lighting to uplift the area's overall appeal. This commitment to bettering the community is fundamental to their activity and mission.
Official website here: www.wsbid.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Westchester Square District Management Association Inc has achieved an 83% rating, indicating a solid performance in accountability and finance. The organization boasts a fully independent board, showing strong governance practices. Their financial oversight is robust, with high marks for audit and conflict of interest policies, reflecting a commitment to transparency.
However, there are notable areas for improvement. The absence of a whistleblower policy and a document retention and destruction policy suggests potential gaps in their governance framework. Additionally, the tax form is not posted on their website, which could hinder transparency efforts.
Overall, while the organization demonstrates a strong commitment to financial accountability, addressing the identified limitations could enhance their operational integrity and public trust further.
This AI summary has been generated from information found on Charity Navigator.
Is Westchester Square District Management Association Inc legitimate?
Westchester Square District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westchester Square District Management Association 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: $96,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,774
For more financial information, click here
Official website here: www.wsbid.org
What is the mission statement of Westchester Square District Management Association Inc?
The Westchester Square District Management Association Inc's mission is focused on managing a Business Improvement District (BID) program within a specific area. This organization's primary objective is to oversee the New York City BID program in the Westchester Square section of the Bronx, ensuring it operates effectively. In fulfilling this mission, the association provides essential services such as sanitation, street decorations, local business promotion, and holiday lighting to enhance the area's overall appeal. By doing so, the Westchester Square District Management Association Inc contributes to the improvement and development of the designated district.
Official website here: www.wsbid.org
Who is the CEO of Westchester Square District Management Association Inc?
John Bonizio is the Secretary of Westchester Square District Management Association Inc.
Official website here: www.wsbid.org
What is the revenue of Westchester Square District Management Association Inc?
Westchester Square District Management Association Inc's revenue in 2023 was $651,970.
Official website here: www.wsbid.org
Who are the executives of Westchester Square District Management Association Inc and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.wsbid.org
Where can I find the form 990 for Westchester Square District Management Association Inc?
Westchester Square District Management Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wsbid.org
Learn more at the official website: www.wsbid.org
Mission Statement of Westchester Square District Management Association Inc
Westchester Square District Management Association Inc is dedicated to overseeing the New York City Business Improvement District program within the Westchester Square section of the Bronx. This nonprofit organization's mission is to enhance the area's overall appeal and improve the local business environment. To achieve this goal, it focuses on various aspects such as maintaining cleanliness, beautifying streets, promoting local businesses, and organizing holiday lighting displays. By administering these initiatives, Westchester Square District Management Association Inc aims to elevate the Westchester Square section, creating a more inviting and thriving community for both businesses and residents.
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Impact
July, 2024
Westchester Square District Management Association Inc plays a vital role in enhancing the local community in the Bronx, New York. By administering the New York City Business Improvement District program for the Westchester Square section, this organization significantly contributes to the area's cleanliness, aesthetics, and overall appeal. Through initiatives such as sanitation services, street decorations, local business promotion, and holiday lighting, Westchester Square District Management Association Inc uplifts the neighborhood, fosters a sense of community pride, and promotes economic growth. Their dedication to improving the quality of life in this area underscores their commitment to community improvement and revitalization.
This information is meant to be a general summary of Westchester Square District Management Association 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.
- Gross Receipts: $651,970
Assets and Liabilities:
- Total Assets: $350,638
- Total Liabilities: $8,457
- Net Assets: $342,181
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Organization Details
Founding Year
2012
Phone
(718) 597-4629Principal Officer
John Bonizio
Main Address
43 WESTCHESTER SQUARE 2ND F, BRONX, NY, 10461
Website
www.wsbid.orgNTEE Category
Code: S31 - Community improvement
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