Overview
What is Downtown Dover Partnership Corporat?
Downtown Dover Partnership Corporat is a nonprofit organization situated in Dover, Delaware, specifically at 101 W LOOCKERMAN ST. Their primary mission is to enhance economic growth and broaden the tax base in the central Dover area. They accomplish this by developing and acquiring commercial and residential real estate, preserving the historic, architectural, and community qualities of the downtown area in alignment with the National Main Street Program's goals. In essence, their objective is to revitalize the economic, cultural, and historical resources of downtown Dover, thereby creating more business and job opportunities and fostering the commercial and residential potential of the central downtown area, as stated by their 3-strong team.
Official website here: www.downtowndoverpartnership.com
Is Downtown Dover Partnership Corporat legitimate?
Downtown Dover Partnership Corporat is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Dover Partnership Corporat 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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Executive Compensation: $0
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Other Salaries and Wages: $145,102
For more financial information, click here
Official website here: www.downtowndoverpartnership.com
What is the mission statement of Downtown Dover Partnership Corporat?
The mission of Downtown Dover Partnership Corporation is centered around enhancing the economic, cultural, and historical resources of a specific downtown area. Their primary objective is to stimulate business and job opportunities, as well as develop the commercial and residential potential of this central downtown area. To achieve this, they focus on improving job creation prospects and expanding the tax base through the development or acquisition of commercial and residential real estate. Additionally, they strive to maintain and restore the historical, architectural, and community qualities of the downtown area, aligning with the principles of the National Main Street Program.
Official website here: www.downtowndoverpartnership.com
Who is the CEO of Downtown Dover Partnership Corporat?
Todd Stonesifer is the Vice Preside of Downtown Dover Partnership Corporat.
Official website here: www.downtowndoverpartnership.com
What is the revenue of Downtown Dover Partnership Corporat?
Downtown Dover Partnership Corporat's revenue in 2022 was $480,902.
Official website here: www.downtowndoverpartnership.com
Who are the executives of Downtown Dover Partnership Corporat and what are their salaries?
The average compensation at Downtown Dover Partnership Corporat during 2022 was $48,367. There are 3 employees at Downtown Dover Partnership Corporat.
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Official website here: www.downtowndoverpartnership.com
Where can I find the form 990 for Downtown Dover Partnership Corporat?
Downtown Dover Partnership Corporat's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtowndoverpartnership.com
Learn more at the official website: www.downtowndoverpartnership.com
Mission Statement of Downtown Dover Partnership Corporat
The Downtown Dover Partnership Corporation is dedicated to enhancing the economic, cultural, and historic resources of the downtown area. Their mission is to foster business and job opportunities, as well as develop the commercial and residential potential in the central downtown area. This nonprofit organization strives to improve job creation opportunities and expand the tax base by investing in commercial and residential real estate within the downtown area. Furthermore, they are committed to preserving and restoring the historic, architectural, and community qualities of the downtown area, in alignment with the goals of the National Main Street Program.
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Impact
October, 2024
The Downtown Dover Partnership Corporation significantly enhances the economic, cultural, and historical landscape of downtown Dover. By focusing on the development and revitalization of the area, it plays a crucial role in increasing business and job opportunities. Its efforts in acquiring and developing commercial and residential real estate contribute directly to job creation and a broader tax base, benefiting the entire community.
This initiative also emphasizes the preservation and restoration of the historic and architectural qualities that define downtown Dover, aligning with the goals of the National Main Street Program. By maintaining the unique character of the area, the Partnership fosters a vibrant community that attracts residents and visitors alike. Ultimately, the organization's work supports the holistic growth of downtown Dover, enhancing both its economic vitality and community appeal.
This information is meant to be a general summary of Downtown Dover Partnership Corporat. 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.
- Program Service Revenue: $29,138
- Gross Receipts: $735,790
Assets and Liabilities:
- Total Assets: $5,229,804
- Total Liabilities: $1,865,188
- Net Assets: $3,364,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING PERMIT REVENUES
Revenue
$29,138
Organization Details
Founding Year
1990
Principal Officer
Todd Stonesifer
Main Address
101 W LOOCKERMAN ST, DOVER, DE, 19904
NTEE Category
Code: S31 - Community improvement
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