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Lincoln Road Business Improvement District Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475522757 ✦ Miami beach, FL ✦ Designated as a 501(c)(6)

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Overview

What is Lincoln Road Business Improvement District Inc?

The Lincoln Road Business Improvement District Inc, established under Florida's laws, is a nonprofit organization with a primary objective of enhancing and stabilizing the Lincoln Road retail business district. Situated within a historically recognized district, this organization serves to promote, manage, and market this area, representing and advocating for property and business owners within its boundaries. The organization's major expenditures include marketing and advertising, public performances, and maintaining a clean, safe, and welcoming environment. With a team of three individuals, the Lincoln Road Business Improvement District Inc plays a significant role in improving the overall appeal and vitality of the district.


Official website here: www.lincolnrd.com

Is Lincoln Road Business Improvement District Inc legitimate?

Lincoln Road Business Improvement District Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lincoln Road Business Improvement District 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: $119,805
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,756

For more financial information, click here


Official website here: www.lincolnrd.com

What is the mission statement of Lincoln Road Business Improvement District Inc?

The Lincoln Road Business Improvement District Inc., a nonprofit organization, was established with the primary goal of enhancing and stabilizing a retail business district. This mission is achieved through various means, such as promotion, management, and marketing. By representing and advocating for the property and business owners within its boundaries, the organization aims to improve the district's overall appeal and attractiveness. This nonprofit organization operates under the laws and statutes of the state of Florida, with the specific intent of boosting the success of the retail businesses within its jurisdiction.


Official website here: www.lincolnrd.com

Who is the CEO of Lincoln Road Business Improvement District Inc?

Anabel Llopis is the Executive Di of Lincoln Road Business Improvement District Inc.


Official website here: www.lincolnrd.com

What is the revenue of Lincoln Road Business Improvement District Inc?

Lincoln Road Business Improvement District Inc's revenue in 2022 was $1,607,678.


Official website here: www.lincolnrd.com

Who are the executives of Lincoln Road Business Improvement District Inc and what are their salaries?

The average compensation at Lincoln Road Business Improvement District Inc during 2022 was $59,187. There are 3 employees at Lincoln Road Business Improvement District Inc.


Here are 11 key members and their salaries:


Anabel Llopis (Executive Di)
  • Compensation: $119,805
  • Related: $0
  • Other: $0
Albert Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Galy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Herzberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Khoudari (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Rosenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Saliamonas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mel Schlesser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Herring (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mindy Mcilroy (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Stern (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lincolnrd.com

Where can I find the form 990 for Lincoln Road Business Improvement District Inc?

Lincoln Road Business Improvement District Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lincolnrd.com

Learn more at the official website: www.lincolnrd.com

Mission Statement of Lincoln Road Business Improvement District Inc

Lincoln Road Business Improvement District Inc, a nonprofit organization, was established with a mission to stabilize and enhance the Lincoln Road retail business district. Operating under the laws and statutes of Florida, its primary goal is to improve the district through promotional, management, and marketing efforts. This nonprofit organization represents and advocates for the property and business owners within its boundaries, working tirelessly to enhance the overall quality and appeal of the district. By providing various services, Lincoln Road Business Improvement District Inc aims to boost the economic growth and overall well-being of the retail businesses within its jurisdiction.

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Impact




October, 2024

Lincoln Road Business Improvement District Inc significantly impacts the Lincoln Road retail business district by enhancing its vibrancy and appeal. Through targeted marketing and advertising initiatives, the organization boosts the visibility of local businesses, attracting both residents and tourists to the area.

Public performances and artist activations bring cultural engagement to the district, creating lively experiences that draw crowds and foster a sense of community. This commitment to arts and entertainment not only enriches the local culture but also encourages longer visits, benefiting nearby businesses.

Additionally, the organization prioritizes creating a clean, safe, and welcoming environment for all visitors. This dedication to maintaining the district's aesthetics and security helps promote a positive experience, further solidifying Lincoln Road as a premier destination for shopping, dining, and leisure.

Overall, the Lincoln Road Business Improvement District Inc plays a crucial role in stabilizing and improving the area, fostering a thriving business ecosystem that benefits property owners, business owners, and the broader Miami Beach community.




This information is meant to be a general summary of Lincoln Road Business Improvement District 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.

Revenue
$1,607,678 (2022)
Expenses
$1,325,379 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,440
  • Program Service Revenue: $1,443,740
  • Gross Receipts: $1,607,678

Assets and Liabilities:

  • Total Assets: $1,166,734
  • Total Liabilities: $139,055
  • Net Assets: $1,027,679

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$1,443,740

Organization Details

Founding Year

2015

Principal Officer

Anabel Llopis

Main Address

1620 DREXEL AVE SUITE 100, MIAMI BEACH, FL, 33139

NTEE Category

Code: S41 - Community improvement

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