Overview
What is Downtown Now?
Downtown Now is a nonprofit organization situated in St. Louis, Missouri, specifically at 211 N BROADWAY 2200. Their primary mission is to support and strengthen the downtown area of St. Louis, working towards the city's 1990 Action Plan. They accomplish this by facilitating property development, which in turn aids in retaining economic businesses within downtown St. Louis. In essence, Downtown Now plays a crucial role in stabilizing and enhancing the vitality of the downtown sector in St. Louis.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
This high rating reflects Downtown Now's strong commitment to accountability and finance, scoring a perfect 100% in several key areas. The organization has an independent board with all members (10 out of 10) being independent, which enhances its governance and oversight capabilities. Additionally, the charity has robust policies in place, including conflict of interest and whistleblower policies, ensuring transparency and integrity in its operations.
With a program expense ratio of 94.36%, Downtown Now directs a significant majority of its resources towards its programs rather than administrative costs, demonstrating effective financial management. The low liabilities to assets ratio of 3.08% indicates a stable financial position, suggesting that the organization is well-equipped to meet its obligations while continuing to serve its mission.
While no significant limitations were noted in the data, continued emphasis on transparency and maintaining strong governance practices will be essential for sustaining its high rating and public trust. Overall, Downtown Now appears to be a well-managed organization focused on its charitable mission.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Now legitimate?
Downtown Now is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Now 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
What is the mission statement of Downtown Now?
Downtown Now's mission is centered around enhancing and preserving the urban heart of a city. Specifically, it aims to stabilize and strengthen the downtown area by facilitating the development of property for economic purposes. This initiative is designed to support business retention, thereby contributing to the overall vitality and appeal of the downtown district. In essence, Downtown Now functions to alleviate some of the administrative burdens on the local government, thereby aiding in the execution of the city's 1990 action plan for downtown development.
Who is the CEO of Downtown Now?
Jason Hall is the President of Downtown Now.
What is the revenue of Downtown Now?
Downtown Now's revenue in 2022 was $39,334.
Who are the executives of Downtown Now and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Downtown Now?
Downtown Now's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Downtown Now
Downtown Now, a nonprofit organization, is dedicated to the mission of stabilizing and strengthening the downtown area of a city. Their primary objective is to help maintain this sector, contributing to the city's overall development. Through their efforts, Downtown Now aims to reduce the burden on government and facilitate the implementation of the city's 1990 Action Plan. They achieve this by developing property in downtown for economic business retention. This initiative helps to foster a thriving business environment, thereby contributing to the overall growth and vitality of the downtown area.
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Impact
August, 2024
Downtown Now plays a crucial role in stabilizing, strengthening, and helping maintain the downtown area of the city of St. Louis. By focusing on economic business retention and property development in downtown St. Louis, Downtown Now lessens the burdens on the government and contributes to the city's overall development goals. This organization's efforts have a direct impact on the economic vitality and sustainability of the downtown area, supporting local businesses and promoting growth in the community.
This information is meant to be a general summary of Downtown Now. 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: $18
- Program Service Revenue: $29,316
- Gross Receipts: $39,334
Assets and Liabilities:
- Total Assets: $6,037,374
- Total Liabilities: $186,082
- Net Assets: $5,851,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMMING INCOME
Revenue
$27,616
PROGRAM RENT INCOME
Revenue
$1,700
Organization Details
Founding Year
1999
Phone
(314) 436-6500Principal Officer
Jason Hall
Main Address
211 N BROADWAY 2200, ST LOUIS, MO, 63102
NTEE Category
Code: T70 - Philanthropy
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