Overview
What is Downtown St Louis Foundation Inc C/O Greater St Louis Inc?
The Downtown St Louis Foundation Inc, affiliated with Greater St Louis Inc, serves as a nonprofit organization dedicated to enhancing the city of St. Louis, Missouri. Their primary focus lies in fostering civic improvement and revitalizing the Downtown area. Through various programs, they contribute to the betterment of the city, offering assistance and support to initiatives within Downtown St. Louis.
Official website here: www.downtownstl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55%, One-Star out of Four Star rating
The Downtown St Louis Foundation Inc has received a 55% score from Charity Navigator, which is indicative of significant areas needing improvement, particularly in accountability and financial management. The organization has scored notably low in having an independent board, with 0% of board members being independent, which raises concerns about governance and oversight.
Despite these weaknesses, the foundation demonstrates compliance in several operational areas, such as having a conflict of interest policy and a whistleblower policy in place, both of which are positive indicators of internal governance. However, the absence of independent board members and a low program expense ratio of 52% suggests that a larger portion of its expenditures is not directed towards its core programs.
Additionally, while the organization lists its website on tax forms and has documentation of board meeting minutes, it fails to post its tax forms online, which detracts from transparency. These factors combined contribute to its overall low rating, highlighting a need for enhancements in both board independence and financial transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown St Louis Foundation Inc C/O Greater St Louis Inc legitimate?
Downtown St Louis Foundation Inc C/O Greater St Louis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown St Louis Foundation Inc C/O Greater St Louis 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
For more financial information, click here
Official website here: www.downtownstl.org
What is the mission statement of Downtown St Louis Foundation Inc C/O Greater St Louis Inc?
The Downtown St Louis Foundation, affiliated with Greater St Louis Inc, has a mission to foster civic enhancement and revitalize the downtown area of an unspecified city. Through their initiatives, they aim to contribute to the betterment of the urban environment. The organization is also involved in supporting programs within the downtown district.
Official website here: www.downtownstl.org
What is the revenue of Downtown St Louis Foundation Inc C/O Greater St Louis Inc?
Downtown St Louis Foundation Inc C/O Greater St Louis Inc's revenue in 2023 was $17,373.
Official website here: www.downtownstl.org
Who are the executives of Downtown St Louis Foundation Inc C/O Greater St Louis Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $446,000
- Other: $26,936
- Compensation: $0
- Related: $262,071
- Other: $22,751
- Compensation: $0
- Related: $330,000
- Other: $26,552
- Compensation: $0
- Related: $111,956
- Other: $4,962
Official website here: www.downtownstl.org
Where can I find the form 990 for Downtown St Louis Foundation Inc C/O Greater St Louis Inc?
Downtown St Louis Foundation Inc C/O Greater St Louis Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownstl.org
Learn more at the official website: www.downtownstl.org
Mission Statement of Downtown St Louis Foundation Inc C/O Greater St Louis Inc
The Downtown St. Louis Foundation Inc., an entity affiliated with Greater St. Louis Inc., is devoted to driving civic improvement and urban renewal within the city of St. Louis, Missouri. Their primary objective is to revitalize the downtown area, fostering a sense of progress and development within the city. Through their initiatives, they aim to contribute to the overall betterment of the community, focusing on programs and projects that enhance the downtown region.
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Impact
August, 2024
Downtown St Louis Foundation Inc, operating under Greater St Louis Inc, plays a vital role in enhancing the urban landscape of St. Louis, Missouri. By focusing on civic improvement and downtown revitalization initiatives, the Foundation contributes significantly to the overall development and livability of the city. Their efforts in fostering community improvement and revitalization projects have a direct and positive impact on the city's growth and prosperity.
This information is meant to be a general summary of Downtown St Louis Foundation Inc C/O Greater St Louis 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.
- Investment Income: $17,373
- Gross Receipts: $17,373
Assets and Liabilities:
- Total Assets: $278,476
- Total Liabilities: $1,325
- Net Assets: $277,151
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Organization Details
Founding Year
1982
Principal Officer
Jason Hall
Website
www.downtownstl.orgNTEE Category
Code: S31 - Community improvement
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