Overview
What is Downtown Parking Management Inc?
Downtown Parking Management Inc, operating under the name Park Cedar Rapids, is a nonprofit organization based in Cedar Rapids, Iowa. Their primary mission is to offer efficient, convenient, and affordable parking solutions for the downtown area, contributing to an enhanced tenant and visitor experience. They manage a system that accommodates approximately 3,900 employees and 280,000 estimated visitor/event patrons, in addition to around 4,000 on-street spaces. Their system facilitates around 550,000 annual transactions, ensuring safety through 24/7 security efforts and amenity services. In case of emergencies, these amenities provide instant assistance with services such as courtesy jump starts, tire fills, and security aid. Capital projects completed by the organization include elevator upgrades, roof replacements, deck sealing, security, lighting, and skywalk and entrance gate enhancements, aiming to create a welcoming and secure environment for all.
Official website here: www.parkcedarrapids.com
Is Downtown Parking Management Inc legitimate?
Downtown Parking Management Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Downtown Parking Management 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.parkcedarrapids.com
What is the mission statement of Downtown Parking Management Inc?
The mission of Downtown Parking Management Inc. (DPMI) is centered around providing efficient, convenient, and affordable parking options for its users. This organization aims to enhance the overall experience of downtown workers and visitors, serving as a catalyst for economic development. DPMI manages a parking system that accommodates approximately 3,900 employees and 280,000 visitors or event patrons annually. In addition, the system operates around 4,000 on-street spaces with an estimated 322,000 annual transactions. DPMI is committed to ensuring a welcoming and safe environment through 24/7 security efforts and amenity services. These services cater to parking patrons in case of unexpected situations, offering services such as courtesy jump starts, tire fills, and security assistance. The company has completed various capital projects, including elevator upgrades, roof replacements, deck sealing, security, lighting, skywalk, and entrance gate upgrades.
Official website here: www.parkcedarrapids.com
Who is the CEO of Downtown Parking Management Inc?
David Zylstra is the Chairman of Downtown Parking Management Inc.
Official website here: www.parkcedarrapids.com
What is the revenue of Downtown Parking Management Inc?
Downtown Parking Management Inc's revenue in 2022 was $3,106,069.
Official website here: www.parkcedarrapids.com
Who are the executives of Downtown Parking Management Inc and what are their salaries?
There 5 volunteers at Downtown Parking Management Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.parkcedarrapids.com
Where can I find the form 990 for Downtown Parking Management Inc?
Downtown Parking Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parkcedarrapids.com
Learn more at the official website: www.parkcedarrapids.com
Mission Statement of Downtown Parking Management Inc
Downtown Parking Management Inc, or DPMI, is dedicated to providing efficient, convenient, and affordable parking options for downtown areas. Their mission is to enhance the experience of both downtown tenants and visitors, acting as a catalyst for economic development. DPMI strives to create a welcoming, safe environment by offering 24/7 security efforts and a range of amenities. These amenities, under the Services Program, are designed to assist parking patrons in case of unexpected situations, providing services like courtesy jump starts, tire fills, and security assistance. The organization continues to invest in capital projects, such as elevator upgrades, roof replacements, deck sealing, security, lighting, skywalk, and entrance gate upgrades, to ensure the parking system remains functional and user-friendly.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Downtown Parking Management Inc (DPMI) plays a crucial role in enhancing the urban landscape of Cedar Rapids by providing effective, convenient, and affordable parking solutions. The organization manages parking facilities that accommodate around 3,900 downtown employees and supports approximately 280,000 visitors and event patrons annually. This not only facilitates access to local businesses and events but also stimulates economic activity in the area.
DPMI oversees roughly 4,000 on-street spaces, with an estimated 322,000 transactions taking place each year. This high volume of parking transactions illustrates the demand for accessible parking, which DPMI meets through efficient management practices.
Furthermore, DPMI actively works on system upgrades and capital projects that enhance parking facilities. Improvements such as elevator upgrades, roof replacements, and enhanced security measures contribute to a safer and more welcoming environment for users. Continuous security efforts, along with a range of amenities, such as courtesy jump starts and tire fills, ensure that patrons feel secure and supported during their parking experience.
Through its comprehensive approach, DPMI not only improves the convenience of parking in downtown Cedar Rapids but also serves as a catalyst for economic development, significantly impacting the community's overall vibrancy and accessibility.
This information is meant to be a general summary of Downtown Parking Management 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 2022.
- Investment Income: $4,661
- Program Service Revenue: $3,098,140
- Gross Receipts: $3,106,069
Assets and Liabilities:
- Total Assets: $2,245,768
- Total Liabilities: $3,162,089
- Net Assets: -$916,321
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING REVENUE
Revenue
$2,878,646
DERECHO INSURANCE PROC
Revenue
$219,494
Organization Details
Founding Year
2011
Phone
(319) 365-7275Principal Officer
David Zylstra
Main Address
349 4TH AVE SE, CEDAR RAPIDS, IA, 52401
Website
www.parkcedarrapids.comNTEE Category
Code: S99 - Community improvement
If you are a representative of Downtown Parking Management Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.