Overview
What is Downtown Hampton Development Partnership?
The Downtown Hampton Development Partnership (DHDP) is a nonprofit organization situated in Hampton, Virginia, specifically at 710 Settlers Landing Road. Their primary mission is to bolster the economic health and enhance the overall quality of life in downtown Hampton. They achieve this goal by implementing various development initiatives, such as offering business incentives, improving transportation systems, producing special events, participating in cooperative marketing programs, enhancing public spaces, and managing the waterfront. The DHDP's 9 dedicated employees work tirelessly to ensure the success and prosperity of downtown Hampton.
Official website here: www.downtownhampton.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Downtown Hampton Development Partnership has achieved a strong rating of 96% from Charity Navigator, indicating exceptional performance in financial health and accountability. With a perfect score of 100% for Accountability & Finance, the organization demonstrates a high level of transparency and responsible management of its resources.
Strengths of the organization include a fully independent board, consisting of 20 members, which helps ensure unbiased governance. Their financial oversight is robust, with a program expense ratio of 92.37%, indicating that a significant majority of their spending goes directly toward their programs and mission. Additionally, they maintain strict policies regarding conflicts of interest and whistleblowing, reflecting a commitment to ethical practices.
No significant limitations were noted; the organization appears to operate effectively without any material diversions of assets. Overall, the Downtown Hampton Development Partnership is recognized for its strong financial practices and governance, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Downtown Hampton Development Partnership?
80% of 263 reviewers on Facebook recommend the Downtown Hampton Development Partnership. Here is a summary of their reviews:
Many users appreciate the vibrant atmosphere and the engaging activities organized by the nonprofit. The friendly demeanor of the staff and community members has also been highlighted, contributing to a welcoming environment for both residents and visitors.
Overall, the feedback indicates that the Downtown Hampton Development Partnership effectively fosters a sense of community and provides enjoyable experiences, enhancing local engagement and tourism.
This AI summary has been generated from reviews found on Facebook.
Is Downtown Hampton Development Partnership legitimate?
Downtown Hampton Development Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Hampton Development Partnership 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: $132,404
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,300
For more financial information, click here
Official website here: www.downtownhampton.com
What is the mission statement of Downtown Hampton Development Partnership?
The Downtown Hampton Development Partnership is committed to enhancing the economic health and overall quality of life in its respective downtown area. They achieve this objective by implementing various economic development initiatives. These initiatives include offering business incentives and improving transportation infrastructure, organizing special events, implementing cooperative marketing programs, embarking on public space beautification projects, and managing waterfront areas. The ultimate goal is to invigorate the local economy and create an appealing environment for both residents and visitors.
Official website here: www.downtownhampton.com
Who is the CEO of Downtown Hampton Development Partnership?
Stephen Mallon is the Director of Downtown Hampton Development Partnership.
Official website here: www.downtownhampton.com
What is the revenue of Downtown Hampton Development Partnership?
Downtown Hampton Development Partnership's revenue in 2023 was $743,338.
Official website here: www.downtownhampton.com
Who are the executives of Downtown Hampton Development Partnership and what are their salaries?
The average compensation at Downtown Hampton Development Partnership during 2023 was $31,523. There are 9 employees and 350 volunteers at Downtown Hampton Development Partnership.
Here are 21 key members and their salaries:
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Official website here: www.downtownhampton.com
Where can I find the form 990 for Downtown Hampton Development Partnership?
Downtown Hampton Development Partnership's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownhampton.com
Learn more at the official website: www.downtownhampton.com
Mission Statement of Downtown Hampton Development Partnership
The Downtown Hampton Development Partnership (DHDP) is committed to enhancing the economic health and improving the overall quality of life in the downtown area of Hampton. To achieve this mission, DHDP engages in various economic development initiatives. These include offering business incentives and improving transportation systems to attract and retain businesses. Additionally, the partnership produces special events, implements cooperative marketing programs, and embarks on public space beautification projects to create a vibrant and inviting downtown. Lastly, DHDP manages the waterfront to ensure it remains a key attraction and contributes to the overall appeal of downtown Hampton. Through these initiatives, DHDP strives to foster an economically thriving and enjoyable downtown environment.
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Impact
July, 2024
The Downtown Hampton Development Partnership has a significant impact on the economic health and quality of life in Downtown Hampton. Through various economic development initiatives such as business incentives, transportation improvements, special events production, cooperative marketing programs, public space beautification, and waterfront management, DHDP actively works towards enhancing the overall experience in Downtown Hampton. This organization plays a pivotal role in fostering community improvement and ensuring that Downtown Hampton continues to thrive and evolve.
This information is meant to be a general summary of Downtown Hampton Development Partnership. 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: $6,351
- Program Service Revenue: $208,439
- Gross Receipts: $749,098
Assets and Liabilities:
- Total Assets: $1,064,590
- Total Liabilities: $72,836
- Net Assets: $991,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLIC PIERS AND SERVI
Revenue
$105,292
BLOCK PARTY
Revenue
$103,147
Organization Details
Founding Year
1995
Phone
(757) 727-1271Principal Officer
Stephen Mallon
Main Address
710 SETTLERS LANDING ROAD, HAMPTON, VA, 23669
Website
www.downtownhampton.comNTEE Category
Code: S41 - Community improvement
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