Overview
What is Central Business District Assoc?
Central Business District Assoc, based in Virginia Beach, Virginia, is a nonprofit organization with a primary focus on promoting the growth and development of the Pembroke area. Their mission involves creating a high-quality mixed-use urban environment in the Central Business District, enhancing public awareness of its benefits, strengthening the local economy, producing public spaces for community use, and fostering networking opportunities for its members. The association aims to integrate various components of the Central Business District safely and effectively, ultimately contributing to the city's economic and cultural vibrancy.
Official website here: www.cbda.net
Is Central Business District Assoc legitimate?
Central Business District Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Central Business District Assoc 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:
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Other Salaries and Wages: $89,912
For more financial information, click here
Official website here: www.cbda.net
What is the mission statement of Central Business District Assoc?
The Central Business District Association is dedicated to fostering the development and implementation of a high-quality mixed-use urban environment in its district. Its mission involves promoting public awareness of the benefits of having the district serve as a hub for financial, commercial, professional, and cultural activities. The organization aims to strengthen the local economy by expanding existing businesses and attracting new ones to the district. Additionally, it strives to create safe and clean public spaces, such as parks, for community use and enjoyment. Furthermore, the association provides networking opportunities for its members to boost the economic vitality of its constituency. Lastly, it collaborates with local authorities to integrate all components of the district safely and effectively.
Official website here: www.cbda.net
Who is the CEO of Central Business District Assoc?
Jeanne Evans Cox is the Director of Central Business District Assoc.
Official website here: www.cbda.net
What is the revenue of Central Business District Assoc?
Central Business District Assoc's revenue in 2022 was $645,096.
Official website here: www.cbda.net
Who are the executives of Central Business District Assoc and what are their salaries?
The average compensation at Central Business District Assoc during 2022 was $89,912. There is 1 employee at Central Business District Assoc.
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Official website here: www.cbda.net
Where can I find the form 990 for Central Business District Assoc?
Central Business District Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cbda.net
Learn more at the official website: www.cbda.net
Mission Statement of Central Business District Assoc
The Central Business District Association is dedicated to fostering the growth and improvement of a high-quality mixed-use urban environment within its district. Their mission encompasses several key objectives. Firstly, they aim to raise public awareness of the advantages that stem from the development of the Central Business District, positioning it as a hub for financial, commercial, professional, and cultural activities. Secondly, they strive to bolster the local economy by encouraging the expansion of existing businesses and attracting new ones to the district.
Thirdly, the Central Business District Association focuses on creating public spaces within the district, such as parks, that are safe, clean, and available for community use and enjoyment. These spaces contribute to the overall appeal and livability of the district. Fourthly, they facilitate networking opportunities for their members, thereby enhancing the economic vitality of their constituency. Lastly, they collaborate with the city to seamlessly integrate all components of the Central Business District, ensuring a cohesive and well-connected urban environment.
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Impact
October, 2024
The Central Business District Association of Virginia Beach is pivotal in fostering a vibrant and dynamic urban environment in the city's central business area. Its impact manifests in several ways:
1. **Public Awareness and Engagement**: By promoting the benefits of the Central Business District as a hub for financial, commercial, professional, and cultural activities, the association enhances public awareness and community involvement. This education helps residents and stakeholders understand the potential of their urban environment and how it can serve as a focal point for community activities.
2. **Economic Growth**: The association plays a crucial role in strengthening the economic base of Virginia Beach. By focusing on the expansion of existing businesses and attracting new companies to the central district, it helps stimulate local job creation and economic vitality. This focus on local business promotion fosters a sustainable economic ecosystem within the city.
3. **Community Spaces**: The creation of public spaces, such as parks and recreational areas, contributes significantly to the quality of life for residents and visitors. These areas not only provide safe and clean environments for community gatherings and leisure activities but also enhance the overall aesthetic and functionality of the urban landscape.
4. **Networking Opportunities**: The association facilitates networking opportunities for its members, allowing businesses and professionals to connect, collaborate, and share resources. This networking is essential for fostering innovation and economic resilience within the community.
5. **Collaboration with City Planning**: By working closely with the city to integrate various components of the Central Business District, the association ensures that development is cohesive and aligned with community needs. This collaboration leads to enhanced urban planning that prioritizes public safety, accessibility, and sustainability.
Overall, the Central Business District Association significantly contributes to the urban development and economic vitality of Virginia Beach, creating a thriving environment that benefits both residents and businesses alike.
This information is meant to be a general summary of Central Business District Assoc. 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: $43
- Program Service Revenue: $566,919
- Gross Receipts: $672,579
Assets and Liabilities:
- Total Assets: $577,608
- Total Liabilities: $29,000
- Net Assets: $548,608
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES - CBDE
Revenue
$392,062
2022 MEMBERSHIP DUES (CBDA)
Revenue
$83,200
PROGRAM REVENUES - CBDA
Revenue
$62,475
PROGRAM REVENUES- CIP
Revenue
$15,869
2021 DEFERRED REVENUE REC
Revenue
$13,603
Organization Details
Founding Year
1986
Phone
(757) 490-7812Principal Officer
Jeanne Evans Cox
Main Address
1 COLUMBUS CENTER SUITE 611, VIRGINIA BEACH, VA, 23462
Website
www.cbda.netNTEE Category
Code: S31 - Community improvement
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