Overview
What is Downtown Roanoke Inc?
Downtown Roanoke Inc, established in 1960, is a dedicated nonprofit organization located in Roanoke, Virginia. Its primary mission is to drive growth and development in the downtown area, collaborating with the city, property owners, and the business community. The organization's activities encompass programming, marketing, events, economic development, advocacy, and leadership, all aimed at enhancing the overall experience of the downtown area. In addition, Downtown Roanoke Inc provides specified services to the city, as outlined in the Downtown Service District (DSD) agreement. With a team of 34 dedicated individuals, the organization plays a crucial role in preserving the past and shaping the future of Roanoke's downtown district.
Official website here: www.downtownroanoke.org
Is Downtown Roanoke Inc legitimate?
Downtown Roanoke Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Roanoke 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: $140,177
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,038
For more financial information, click here
Official website here: www.downtownroanoke.org
What is the mission statement of Downtown Roanoke Inc?
Downtown Roanoke Inc, established in 1960, is committed to enhancing the downtown experience for its community. The organization achieves this through various initiatives such as programs, marketing, events, economic development, advocacy, and leadership. Its primary role is to serve as the economic development organization for the downtown area, working in collaboration with the city, property owners, and the business community. Additionally, the organization provides specific services as outlined in the terms of the Downtown Service District (DSD) agreement with the city, with the aim of preserving the past while pursuing innovative development plans for the future.
Official website here: www.downtownroanoke.org
Who is the CEO of Downtown Roanoke Inc?
Tina Workman is the President & of Downtown Roanoke Inc.
Official website here: www.downtownroanoke.org
What is the revenue of Downtown Roanoke Inc?
Downtown Roanoke Inc's revenue in 2023 was $2,420,683.
Official website here: www.downtownroanoke.org
Who are the executives of Downtown Roanoke Inc and what are their salaries?
The average compensation at Downtown Roanoke Inc during 2023 was $11,212. There are 34 employees at Downtown Roanoke Inc.
Here are 22 key members and their salaries:
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Official website here: www.downtownroanoke.org
Where can I find the form 990 for Downtown Roanoke Inc?
Downtown Roanoke Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownroanoke.org
Learn more at the official website: www.downtownroanoke.org
Mission Statement of Downtown Roanoke Inc
Downtown Roanoke Inc, established in 1960, is dedicated to enhancing the downtown experience for its residents and visitors. The organization's mission is multifaceted, encompassing programs, marketing, events, economic development, advocacy, and leadership. It aims to preserve the historic charm of the downtown area while simultaneously fostering innovative development plans for the future. Downtown Roanoke Inc serves as the primary economic development organization for the downtown sector, collaborating with the city, property owners, and the local business community. The organization also fulfills specified duties as outlined in the Downtown Service District (DSD) Agreement between itself and the city. In summary, Downtown Roanoke Inc's mission is to create a remarkable downtown experience by leveraging various strategies and partnerships, all while preserving the area's rich heritage and driving forward progress.
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Impact
October, 2024
Downtown Roanoke Inc plays a critical role in enhancing the downtown experience through a variety of strategic initiatives. Founded in 1960, it has been instrumental in fostering economic development, advocating for community interests, and organizing events that bring vibrancy to the urban center. Through effective marketing and programs, the organization attracts visitors and supports local businesses, creating a thriving atmosphere for both residents and tourists.
The partnership with the City of Roanoke, downtown property owners, and the business community underscores its commitment to sustainable development while preserving the character of the area. By uniting citizens with a shared vision, Downtown Roanoke Inc not only elevates the quality of life in the city but also ensures that downtown remains a dynamic and engaging place to work, live, and visit.
Their efforts in leadership and community improvement have a lasting impact, making downtown Roanoke an exceptional destination that reflects the rich history while embracing future growth.
This information is meant to be a general summary of Downtown Roanoke 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 2023.
- Investment Income: $4,120
- Program Service Revenue: $2,416,563
- Gross Receipts: $2,420,683
Assets and Liabilities:
- Total Assets: $1,410,696
- Total Liabilities: $562,876
- Net Assets: $847,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$1,190,404
DOWNTOWN SERVICE DISTRICT
Revenue
$771,282
AMBASSADOR PROGRAM
Revenue
$310,000
CITY EVENT CONTRACT
Revenue
$65,000
ICE SKATING RINK REVENUE
Revenue
$58,927
Organization Details
Founding Year
1960
Phone
(540) 342-2028Principal Officer
Tina Workman
Main Address
213 MARKET ST SW, ROANOKE, VA, 24011
Website
www.downtownroanoke.orgNTEE Category
Code: S31 - Community improvement
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