Overview
What is Wdbid Management Company?
Wdbid Management Company, commonly known as Downtown Visions, is a nonprofit organization situated in Wilmington, Delaware. Its primary mission is to enhance the safety, cleanliness, and overall management of the city's central business district. To achieve this, they offer various services to property owners, businesses, residents, and visitors. These services include crime prevention and control, sidewalk cleaning, and general pedestrian assistance within the district. Additionally, Downtown Visions engages in marketing and promotional activities to improve the image of the business district. With a workforce of 67 individuals, this organization plays an essential role in maintaining a safe and well-managed city center.
Official website here: www.downtownwilmingtonde.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Wdbid Management Company has received an overall rating of 84% from Charity Navigator, reflecting a solid performance in accountability and finance. The organization boasts a fully independent board, which is a key strength, as all 32 members are independent. Additionally, the charity achieves high scores in areas such as financial statements oversight and the ratio of program expenses to total expenses, indicating that a significant portion of its resources is directed towards its mission.
However, the organization does have several limitations that detract from its score. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy. Furthermore, the tax form is not posted on the nonprofit's website, which could impact transparency and trust among stakeholders.
Overall, while Wdbid Management Company demonstrates strong financial management and accountability practices, addressing the gaps in policy documentation and transparency could enhance its credibility and performance rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Wdbid Management Company legitimate?
Wdbid Management Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wdbid Management Company 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: $285,312
Professional Fundraising Fees: $7,727
Other Salaries and Wages: $1,709,939
For more financial information, click here
Official website here: www.downtownwilmingtonde.com
What is the mission statement of Wdbid Management Company?
Wdbid Management Company, operating as Downtown Visions, was established with the mission to enhance the safety, cleanliness, and management of a central business district. The company's initiatives are primarily focused on augmenting city services in crime prevention and control, maintaining clean sidewalks, and offering assistance to pedestrians within the district. Furthermore, Downtown Visions engages in marketing and promotional activities to boost the image of the business district.
Official website here: www.downtownwilmingtonde.com
What is the revenue of Wdbid Management Company?
Wdbid Management Company's revenue in 2023 was $3,057,635.
Official website here: www.downtownwilmingtonde.com
Who are the executives of Wdbid Management Company and what are their salaries?
The average compensation at Wdbid Management Company during 2023 was $31,176. There are 64 employees at Wdbid Management Company.
Here are 34 key members and their salaries:
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- Compensation: $118,521
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- Other: $6,681
Official website here: www.downtownwilmingtonde.com
Where can I find the form 990 for Wdbid Management Company?
Wdbid Management Company's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownwilmingtonde.com
Learn more at the official website: www.downtownwilmingtonde.com
Mission Statement of Wdbid Management Company
Wdbid Management Company, known as Downtown Visions, was established with a mission to create a safer, cleaner, and well-managed central business district. The organization's programs are designed to supplement city services, focusing on crime prevention and control, sidewalk cleaning, and offering assistance to pedestrians within the district. Beyond these practical initiatives, Downtown Visions also engages in marketing and promotional activities to enhance the image of the business district. By providing these additional services, Wdbid Management Company aims to contribute to a more vibrant and attractive central business district.
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Impact
July, 2024
The impact of Wdbid Management Company, also known as Downtown Visions, is significant in creating a safer, cleaner, and well-managed central business district in Wilmington. Through their Safety Division Programs, they contribute to crime reduction and enhance the perception of safety in downtown Wilmington. By offering various services to property owners, businesses, residents, and visitors, Downtown Visions plays a crucial role in supplementing city services in areas such as crime prevention, sidewalk cleaning, and general pedestrian assistance. Additionally, their marketing and promotional activities are designed to enhance the overall image of the business district, making a positive impact on the community as a whole.
This information is meant to be a general summary of Wdbid Management Company. 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 2023.
- Investment Income: $1,053
- Program Service Revenue: $2,830,568
- Gross Receipts: $3,057,635
Assets and Liabilities:
- Total Assets: $2,964,018
- Total Liabilities: $702,305
- Net Assets: $2,261,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Income From Assessment
Revenue
$2,579,888
Service Contracts
Revenue
$168,673
Finance Charges
Revenue
$82,007
Organization Details
Founding Year
1994
Principal Officer
Michael Maggitti
Website
www.downtownwilmingtonde.comNTEE Category
Code: Z50G - Unknown
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