Overview
What is Midtown Detroit Inc?
Midtown Detroit Inc is a dedicated nonprofit organization based in Detroit, Michigan, specifically at 3939 Woodward Avenue 100. Established in 1976, their primary mission is to revitalize and enhance the vibrancy of Midtown Detroit. They achieve this by supporting physical maintenance, including major streets, alleys, and sidewalks within their district. Additionally, Midtown Detroit Inc works towards increasing public awareness and appreciation of the area, encouraging new housing development, boosting visitor numbers to local attractions, and fostering commercial activity in the neighborhood. The organization's efforts contribute to the overall renewal and strengthening of Midtown Detroit as a thriving urban community.
Official website here: www.midtowndetroitinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Midtown Detroit Inc has achieved a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The organization boasts a high percentage of independent board members and an independent board size, both scoring the maximum points possible. Additionally, it has received full marks for its financial oversight, including its audit and oversight committee, demonstrating a commitment to responsible financial management.
However, there are areas noted for improvement, particularly in governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which are important for transparency and accountability. Moreover, while its program expense ratio is strong, the liabilities to assets ratio suggests a need for better financial health management.
Overall, Midtown Detroit Inc shows promising financial practices and a governance structure that supports its mission. Addressing the limitations identified could further enhance its effectiveness and trustworthiness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Midtown Detroit Inc legitimate?
Midtown Detroit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midtown Detroit 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:
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Other Salaries and Wages: $594,638
For more financial information, click here
Official website here: www.midtowndetroitinc.org
What is the mission statement of Midtown Detroit Inc?
Midtown Detroit Inc, a non-profit organization, is committed to revitalizing and renewing the Midtown district in Detroit. Their mission is to act as a catalyst for the area's redevelopment, fostering a strong urban community. They accomplish this by encouraging new housing developments, boosting visitor numbers to local attractions, and stimulating commercial activity within the neighborhood. The organization also focuses on improving public spaces and maintaining major streets, alleys, and sidewalks within the Midtown district.
Official website here: www.midtowndetroitinc.org
Who is the CEO of Midtown Detroit Inc?
Cari Easterday is the Executive Director of Midtown Detroit Inc.
Official website here: www.midtowndetroitinc.org
What is the revenue of Midtown Detroit Inc?
Midtown Detroit Inc's revenue in 2022 was $6,472,343.
Official website here: www.midtowndetroitinc.org
Who are the executives of Midtown Detroit Inc and what are their salaries?
Here are 50 key members and their salaries:
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Official website here: www.midtowndetroitinc.org
Where can I find the form 990 for Midtown Detroit Inc?
Midtown Detroit Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midtowndetroitinc.org
Learn more at the official website: www.midtowndetroitinc.org
Mission Statement of Midtown Detroit Inc
Midtown Detroit Inc, a nonprofit organization established in 1976, is dedicated to the redevelopment, revitalization, and renewal of the Midtown district in Detroit. Their mission is to transform this urban community into a strong and vibrant neighborhood. The organization's efforts focus on encouraging new housing development, attracting visitors to local attractions, and stimulating commercial activity within the district. To achieve these goals, Midtown Detroit Inc works on improving public spaces and maintaining major streets, alleys, and sidewalks within the Midtown district. Their aim is to enhance public awareness, appreciation, and use of this area, ultimately contributing to its overall vitality.
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Impact
July, 2024
Midtown Detroit Inc plays a crucial role in revitalizing and redeveloping the Midtown district of Detroit. Since its founding in 1976, the organization has been instrumental in encouraging new housing development, increasing visitorship to area attractions, and stimulating new commercial activity within the neighborhood. Through its focus on public space improvements and maintenance of major streets, alleys, and sidewalks, Midtown Detroit Inc has significantly enhanced the physical environment of the district, making it a more attractive and welcoming place for residents and visitors alike. Its efforts have not only directly improved the infrastructure and aesthetics of Midtown Detroit but have also contributed to the overall economic and social growth of the community.
This information is meant to be a general summary of Midtown Detroit 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: $1,789
- Program Service Revenue: $287,154
- Gross Receipts: $6,472,343
Assets and Liabilities:
- Total Assets: $9,714,154
- Total Liabilities: $4,975,772
- Net Assets: $4,738,382
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$207,000
MANAGEMENT FEES
Revenue
$35,396
OTHER
Revenue
$23,100
EVENT/CATERING REVENUE
Revenue
$21,658
Organization Details
Founding Year
1976
Phone
(313) 420-6000Principal Officer
Cari Easterday
Main Address
3939 WOODWARD AVENUE 100, DETROIT, MI, 48201
Website
www.midtowndetroitinc.orgNTEE Category
Code: S31 - Community improvement
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