Overview
What is Downtown Phoenix Inc?
Downtown Phoenix Inc, located in Phoenix, Arizona, serves as a central hub for supporting the economic and cultural vitality of its community. With a team of 65 dedicated individuals, the nonprofit provides leadership, coordination, and operational efficiencies. It oversees and coordinates functions for other downtown-oriented not-for-profits, taking up about 30% of its time. Additionally, it promotes the positive attributes of Downtown Phoenix to the public, accounting for approximately 25% of its time. The organization also advocates for development initiatives that improve the physical appearance of Downtown Phoenix and contribute to its economic vitality, taking up 15% of its time. Similarly, it supports neighborhood, arts, and community initiatives and projects that improve the downtown quality of life, allocating about 15% of its time to this cause. Lastly, it promotes and supports special events and festivals that enhance the downtown quality of life, consuming around 15% of its time. By fulfilling these roles, Downtown Phoenix Inc contributes significantly to the growth and vibrancy of its community.
Official website here: www.dtphx.org
Is Downtown Phoenix Inc legitimate?
Downtown Phoenix Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Phoenix 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: $208,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,584
For more financial information, click here
Official website here: www.dtphx.org
What is the mission statement of Downtown Phoenix Inc?
Downtown Phoenix Inc's mission is centered around supporting the economic and cultural vitality of its community and surrounding areas. The organization takes on various roles, including providing leadership, coordination, and operational efficiencies. It aims to maximize the strengths of existing downtown-oriented non-profits and assist in creating new ones as necessary. The organization's activities include overseeing and coordinating functions for other downtown non-profits, promoting the positive attributes of the downtown area, advocating for development initiatives, advocating for neighborhood, arts, and community projects, and supporting special events and festivals. These activities collectively contribute to enhancing the overall quality of life in the downtown community.
Official website here: www.dtphx.org
Who is the CEO of Downtown Phoenix Inc?
Devney Majerle is the Chair of Downtown Phoenix Inc. The CEO's salary of Downtown Phoenix Inc is $190,733 and their total compensation is $208,333.
Official website here: www.dtphx.org
What is the revenue of Downtown Phoenix Inc?
Downtown Phoenix Inc's revenue in 2022 was $672,138.
Official website here: www.dtphx.org
Who are the executives of Downtown Phoenix Inc and what are their salaries?
The average compensation at Downtown Phoenix Inc during 2022 was $5,337. There are 65 employees and 18 volunteers at Downtown Phoenix Inc.
Here are 20 key members and their salaries (Downtown Phoenix Inc's CEO's salary is $190,733 and their total compensation is $208,333):
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- Compensation: $190,733
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Official website here: www.dtphx.org
Where can I find the form 990 for Downtown Phoenix Inc?
Downtown Phoenix Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dtphx.org
Learn more at the official website: www.dtphx.org
Mission Statement of Downtown Phoenix Inc
Downtown Phoenix Inc, a nonprofit organization, is dedicated to supporting the economic and cultural vitality of the Phoenix downtown community and its surrounding areas. Their mission is multifaceted, involving several key activities. Firstly, the organization provides leadership, coordination, and operational efficiencies for existing downtown-oriented not-for-profits. This function is primarily handled by the DPI CEO, part-time administrative assistant, and part-time controller, accounting for about 30% of the organization's time.
Secondly, Downtown Phoenix Inc promotes the positive attributes of downtown Phoenix to the general public. This task is undertaken by the DPI CEO and staff from affiliate organizations, accounting for approximately 25% of the organization's time. By showcasing the strengths and benefits of the downtown area, the organization seeks to attract more people and businesses to the area, thereby boosting its economic vitality.
Thirdly, the nonprofit advocates for development initiatives that improve the physical appearance of downtown and contribute to its economic vitality. This activity is also carried out by the DPI CEO and staff from affiliate organizations, accounting for about 15% of the organization's time. By advocating for improvements to the downtown infrastructure and aesthetics, the organization aims to make the area more appealing and attractive to residents and visitors alike.
Lastly, Downtown Phoenix Inc advocates for neighborhood, arts, and community initiatives and projects that improve the downtown quality of life. This function accounts for about 15% of the organization's time and is handled by the DPI CEO and staff from affiliate organizations. By supporting initiatives that enhance the quality of life in the downtown area, the organization seeks to create a vibrant and thriving community.
In summary, Downtown Phoenix Inc is a nonprofit organization with a mission to support the economic and cultural vitality of the Phoenix downtown community and its surrounding areas. This is achieved through various activities, including providing leadership and coordination for existing not-for-profits, promoting the positive attributes of downtown Phoenix, advocating for development initiatives, and supporting neighborhood, arts, and community projects.
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Impact
October, 2024
Downtown Phoenix Inc plays a crucial role in enhancing the economic and cultural vitality of the Phoenix downtown community and its surrounding areas. By providing leadership and facilitating coordination among various organizations, it maximizes the strengths of existing initiatives while promoting the development of new ones as needed.
A significant portion of its effort is directed towards promoting the positive attributes of downtown Phoenix to both residents and visitors, helping to shift perceptions and attract more foot traffic to the area. Through advocating for development initiatives, Downtown Phoenix Inc works to improve the physical appearance of the downtown area, directly contributing to its economic vitality and appeal.
Furthermore, the organization supports neighborhood, arts, and community projects, fostering a higher quality of life in the downtown region. This commitment is evident through its promotion of special events and festivals that enrich community engagement and cultural experiences. Overall, Downtown Phoenix Inc is instrumental in shaping a vibrant, thriving urban environment that benefits both the community and the economy.
This information is meant to be a general summary of Downtown Phoenix 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: $249
- Program Service Revenue: $156,849
- Gross Receipts: $672,138
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICE
Revenue
$100,000
EVENT INCOME
Revenue
$56,849
Organization Details
Founding Year
2012
Phone
(602) 744-6403Principal Officer
Devney Majerle
Main Address
1 EAST WASHINGTON SUITE 230, PHOENIX, AZ, 85004
Website
www.dtphx.orgNTEE Category
Code: S41 - Community improvement
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