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Downtown Milford Inc

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

EIN: 510364402 ✦ Milford, DE ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Milford Inc?

Downtown Milford Inc, a Milford, DE-based nonprofit organization, is dedicated to fostering economic growth, revitalization, and enhancement of the city's historic downtown and Riverside District. Their mission involves drawing in potential visitors, residents, and businesses, thereby contributing to the local economy. They have taken various initiatives to achieve this goal, such as installing community trees, plants, banners, and plaques, all aimed at crafting a warm and inviting image of Milford for tourists. The organization's efforts are instrumental in promoting a more welcoming and vibrant atmosphere within the city.

Is Downtown Milford Inc legitimate?

Downtown Milford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Milford Inc submitted a form 990EZ, 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.

What is the mission statement of Downtown Milford Inc?

Downtown Milford Inc's mission is centered around fostering economic growth, revitalization, and aesthetic enhancement in its downtown area. The organization strives to attract visitors, residents, and potential businesses, aiming to create a favorable and inviting image. To achieve this, they have undertaken initiatives such as planting community trees, installing banners, and setting up plaques. These efforts are designed to enhance the overall appeal of the district, making it more appealing to potential visitors and businesses.

Who is the CEO of Downtown Milford Inc?

Janne Collins is the Exec Director of Downtown Milford Inc.

What is the revenue of Downtown Milford Inc?

Downtown Milford Inc's revenue in 2022 was $99,435.

Who are the executives of Downtown Milford Inc and what are their salaries?


Here are 10 key members and their salaries:


James Rabe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Gulledge (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lang Redden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Babbitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janne Collins (Exec Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jane Vanvestraut (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Muldrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelby Diconstanza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Downtown Milford Inc?

Downtown Milford Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Downtown Milford Inc

Downtown Milford Inc, a nonprofit organization, is committed to driving economic development, revitalization, and beautification in the Milford Historic Downtown and Riverside District. Their mission is to create an appealing and inviting atmosphere that attracts both visitors and potential residents, as well as new businesses. To achieve this, they have installed various amenities such as community trees, plants, banners, and plaques, all aiming to enhance the overall image of Milford for visitors. By promoting these initiatives, Downtown Milford Inc strives to foster a thriving and vibrant community, thereby contributing to its long-term growth and prosperity.

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Impact




October, 2024

Downtown Milford Inc has significantly enhanced the economic development and revitalization of the Milford Historic Downtown and Riverside District. By focusing on beautification efforts, such as the installation of community trees, plants, banners, and plaques, the organization has created a vibrant and welcoming environment that attracts visitors and new businesses. This focus on improving the aesthetic appeal of the area not only enriches the community's image but also fosters local pride and encourages community engagement. The overall impact is a more inviting and thriving downtown area that serves as a hub for residents and visitors alike, promoting economic growth and encouraging a strong sense of community.




This information is meant to be a general summary of Downtown Milford 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
$99,435 (2022)
Expenses
$68,574 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $129
  • Program Service Revenue: $11,082
  • Gross Receipts: $145,341

Assets and Liabilities:

  • Total Assets: $186,935
  • Total Liabilities: $1,669
  • Net Assets: $185,266

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Organization Details

Principal Officer

Janne Collins

Main Address

PO BOX 12, MILFORD, DE, 19963

NTEE Category

Code: S20 - Community improvement

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