Overview
What is Market District Improvement Corp?
Market District Improvement Corp, often referred to as Ohio City Improvement Corporation, is a nonprofit organization situated in Cleveland, Ohio. Its primary mission is to establish a clean, safe, and vibrant neighborhood that preserves Ohio City's rich history while looking towards the future. The corporation achieves this by providing various services through a contract with the Downtown Cleveland Alliance and Block by Block. These services include maintaining cleanliness, ensuring safety, offering neighborhood assistance, and conducting walking and bike patrols to provide an additional layer of security in the district. The Ohio City Ambassadors work year-round, seven days a week, ensuring the area remains clean, safe, and welcoming for its residents and visitors.
Official website here: www.ohiocity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
Market District Improvement Corp has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 84%, primarily based on its Accountability & Finance metrics. This score indicates that the organization demonstrates a reasonable level of financial health and transparency, which is essential for donor trust and engagement.
The nonprofit showcases strong governance practices, including a fully independent board with 100% majority independent members. Additionally, it has a commendable program expense ratio of 89.28%, suggesting that a significant portion of its funds is allocated towards programmatic efforts rather than administrative costs. However, the organization falls short in several areas, such as lacking a conflict of interest policy and a whistleblower policy, which may impact its overall governance practices.
While the financial metrics indicate stability, the absence of essential policies and missing documentation on its website may raise concerns for potential donors regarding its accountability and operational transparency. Addressing these limitations would further enhance the organization’s credibility and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Market District Improvement Corp legitimate?
Market District Improvement Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Market District Improvement Corp 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.
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Official website here: www.ohiocity.org
What is the mission statement of Market District Improvement Corp?
The Market District Improvement Corp is committed to creating a clean, safe, and vibrant neighborhood. This mission is grounded in principles that prioritize balanced growth, while showing respect for the environment and promoting social equity. The corporation aims to preserve the rich history of the area and work towards its future development. Their activities include providing safety, maintenance, and cleaning services, ensuring a level of cleanliness in the district, and offering additional security through walking and bike patrollers and safety escorts.
Official website here: www.ohiocity.org
Who is the CEO of Market District Improvement Corp?
Michael Dostal is the Board Chair of Market District Improvement Corp.
Official website here: www.ohiocity.org
What is the revenue of Market District Improvement Corp?
Market District Improvement Corp's revenue in 2022 was $681,406.
Official website here: www.ohiocity.org
Who are the executives of Market District Improvement Corp and what are their salaries?
There 9 volunteers at Market District Improvement Corp.
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Official website here: www.ohiocity.org
Where can I find the form 990 for Market District Improvement Corp?
Market District Improvement Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ohiocity.org
Learn more at the official website: www.ohiocity.org
Mission Statement of Market District Improvement Corp
Market District Improvement Corp, with a mission deeply rooted in balance, strives to create a clean, safe, and vibrant neighborhood that honors Ohio City's rich history while looking forward to its future. This mission is anchored by principles that prioritize growth, while also showing respect for the environment and social equity. The organization accomplishes this by providing essential services to maintain the district's cleanliness and safety, ensuring a welcoming atmosphere for its residents and visitors.
The corporation's ambassadors, employed through a contract with Downtown Cleveland Alliance and Block by Block, play a significant role in achieving this mission. These ambassadors are responsible for sweeping streets and sidewalks, removing litter and gum stains, and abating graffiti on public property. They also maintain a high level of cleanliness in the district by removing litter and keeping the area free of unsightly gum stains. In addition to their cleaning duties, the ambassadors provide walking and bike patrols, ensuring safety and offering assistance to neighborhood residents. The Ohio City Ambassadors operate daily, maintaining a clean, safe, and welcoming environment throughout the year.
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Impact
July, 2024
Market District Improvement Corp's impact is seen in the transformation of the Ohio City neighborhood in Cleveland. Through its safety, maintenance, and cleaning services provided by the Market District Improvement Corporation ambassadors, the area has become cleaner, safer, and more welcoming. The ambassadors' efforts in sweeping streets and sidewalks, removing litter and graffiti, and conducting patrols have not only enhanced the physical appearance of the district but also instilled a sense of security among residents and visitors. Overall, Market District Improvement Corp has played a crucial role in creating a vibrant community that honors its history while advancing towards a sustainable future.
This information is meant to be a general summary of Market District Improvement Corp. 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.
- Gross Receipts: $681,406
Assets and Liabilities:
- Total Assets: $430,529
- Total Liabilities: $48,878
- Net Assets: $381,651
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Organization Details
Founding Year
2011
Phone
(216) 781-3222Principal Officer
Michael Dostal
Main Address
3308 LORAIN AVENUE, CLEVELAND, OH, 44113
Website
www.ohiocity.orgNTEE Category
Code: S99 - Community improvement
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