Overview
What is Downtown Norfolk Development Corporation?
The Downtown Norfolk Development Corporation, operating under the name Downtown Norfolk Council, is a nonprofit organization situated at 208 E Main Street 2nd Floor, Norfolk, Virginia. Their primary role involves managing the Downtown Improvement District, focusing on public safety, maintenance of public spaces, and marketing initiatives, among other objectives as designated by the board. As a unifying voice for its members and stakeholders, the corporation serves as a catalyst for advancing the collective vision for Downtown Norfolk's future. Committed to leading, advocating, and being a resource, they strive to develop Downtown into an attractive, dynamic, and economically vital area, contributing to its continuous growth and development. With a team of eight dedicated individuals, the Downtown Norfolk Council plays a significant role in shaping the future of Norfolk's downtown district.
Official website here: www.downtownnorfolk.org
What do the Facebook reviews say about Downtown Norfolk Development Corporation?
88% of 706 reviewers on Facebook recommend Downtown Norfolk Development Corporation. Here is a summary of their reviews:
Many supporters appreciate the focus on improving the city and fostering community engagement. The mention of various local amenities, such as hotels and the waterfront, highlights positive aspects of the area’s development, suggesting that the organization plays a significant role in enhancing Norfolk's appeal.
Overall, the sentiment reflects a genuine endorsement of the initiatives taken by the organization and the positive impact on local development, making it a valued asset in the community.
This AI summary has been generated from reviews found on Facebook.
Is Downtown Norfolk Development Corporation legitimate?
Downtown Norfolk Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Norfolk Development Corporation 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: $127,229
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,191
For more financial information, click here
Official website here: www.downtownnorfolk.org
What is the mission statement of Downtown Norfolk Development Corporation?
The Downtown Norfolk Development Corporation serves as a unifying voice for its members and stakeholders, playing a pivotal role in advancing a shared vision for the future of the downtown area. Committed to leadership, advocacy, and resourcefulness, the corporation is dedicated to transforming downtown into an appealing, energetic, and economically thriving location. As the primary catalyst for development, the corporation's mission is to foster an attractive, dynamic, and economically vital downtown environment. The organization also manages the Downtown Improvement District, overseeing public safety, public space maintenance, marketing initiatives, and other key objectives as designated by the board.
Official website here: www.downtownnorfolk.org
Who is the CEO of Downtown Norfolk Development Corporation?
Mary Miller is the Chairperson of Downtown Norfolk Development Corporation. The CEO's salary of Downtown Norfolk Development Corporation is $113,215 and their total compensation is $117,744.
Official website here: www.downtownnorfolk.org
What is the revenue of Downtown Norfolk Development Corporation?
Downtown Norfolk Development Corporation's revenue in 2022 was $2,621,273.
Official website here: www.downtownnorfolk.org
Who are the executives of Downtown Norfolk Development Corporation and what are their salaries?
The average compensation at Downtown Norfolk Development Corporation during 2022 was $57,802. There are 8 employees and 400 volunteers at Downtown Norfolk Development Corporation.
Here are 25 key members and their salaries (Downtown Norfolk Development Corporation's CEO's salary is $113,215 and their total compensation is $117,744):
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- Compensation: $113,215
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- Other: $4,529
Official website here: www.downtownnorfolk.org
Where can I find the form 990 for Downtown Norfolk Development Corporation?
Downtown Norfolk Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownnorfolk.org
Learn more at the official website: www.downtownnorfolk.org
Mission Statement of Downtown Norfolk Development Corporation
The Downtown Norfolk Council, serving as the unifying voice of its members and stakeholders, is committed to being a leader, an advocate, and a resource for the continuing development of Downtown. With a vision for the future, this organization is the primary catalyst for advancing the collective aspirations of Downtown, transforming it into an attractive, dynamic, and economically vibrant place. The Downtown Norfolk Development Corporation's mission is to drive the growth and enhancement of Downtown as a thriving and appealing destination, ensuring its prosperity and enduring vitality.
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Impact
October, 2024
The Downtown Norfolk Development Corporation plays a pivotal role in shaping the future of Norfolk by serving as the unifying voice for its members and stakeholders. It acts as the primary catalyst for advancing a collective vision for a vibrant and economically vital downtown area. Through its management of the Downtown Improvement District, it focuses on enhancing public safety, maintaining public spaces, and implementing strategic marketing initiatives. This dedication to continuous development fosters an attractive and dynamic urban environment, making downtown Norfolk an appealing destination for residents, businesses, and visitors alike. By advocating for growth and collaboration, the organization contributes significantly to community improvement and the overall quality of life in Norfolk.
This information is meant to be a general summary of Downtown Norfolk Development Corporation. 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.
- Investment Income: -$4,108
- Program Service Revenue: $190,985
- Gross Receipts: $2,834,948
Assets and Liabilities:
- Total Assets: $2,778,298
- Total Liabilities: $334,777
- Net Assets: $2,443,521
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$80,949
MEMBERSHIP DUES
Revenue
$75,152
DID REVENUE
Revenue
$34,884
Organization Details
Founding Year
1979
Phone
(757) 623-1757Principal Officer
Mary Miller
Main Address
208 E MAIN STREET 2ND FLOOR, NORFOLK, VA, 23510
Website
www.downtownnorfolk.orgNTEE Category
Code: S31 - Community improvement
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