Overview
What is Downtown Lynchburg Association?
The Downtown Lynchburg Association is a dedicated nonprofit organization, situated in Lynchburg, Virginia, specifically at 901 Church St Suite 103. Their primary aim is to foster a lively and appealing downtown area, preserving its distinctive and historical character. They achieve this through various initiatives, such as marketing campaigns, enhancing public spaces, engaging with local businesses, and organizing cultural events. By doing so, the Downtown Lynchburg Association is committed to establishing a robust and captivating downtown district, enriching the community and contributing to its overall vitality. They currently employ a team of five individuals.
Official website here: www.downtownlynchburg.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Downtown Lynchburg Association has received an 83% rating from Charity Navigator, reflecting strong accountability and financial health. The score is based entirely on its Accountability & Finance metrics, showcasing the organization’s commitment to transparency and responsible management of resources. A key strength is its fully independent board, which consists of 16 members, indicating effective governance.
The organization displays no diversion of assets, has a solid liabilities-to-assets ratio of 39.45%, and allocates a commendable 76.45% of its expenses directly to programs. It also maintains a well-documented policy framework, including a conflict of interest policy and regular board meeting minutes. However, there are areas for improvement, as the whistleblower and document retention policies are currently missing, which could enhance its governance practices.
Overall, the Downtown Lynchburg Association demonstrates a strong position in financial accountability, though addressing its policy gaps could further strengthen its operational integrity. These factors contribute to its effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Downtown Lynchburg Association?
98% of 22 reviewers on Facebook recommend the Downtown Lynchburg Association. Here is a summary of their reviews:
Many users express appreciation for the strong leadership that effectively organizes events, fostering a sense of community and togetherness. The positive sentiment highlights the association's commitment to enhancing the downtown area's vibrancy through various activities that engage residents and visitors alike.
Overall, it seems that the Downtown Lynchburg Association successfully delivers on its promise to create a thriving local culture, as many community members are enthusiastic about their efforts.
This AI summary has been generated from reviews found on Facebook.
Is Downtown Lynchburg Association legitimate?
Downtown Lynchburg Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Lynchburg Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,527
For more financial information, click here
Official website here: www.downtownlynchburg.com
What is the mission statement of Downtown Lynchburg Association?
The Downtown Lynchburg Association is dedicated to establishing a robust, lively, and inviting downtown area, preserving its distinctive and historical charm. Through strategic marketing, enhancing public spaces, engaging with local businesses, organizing cultural events, and various other initiatives, the association aims to foster the growth of a thriving downtown district.
Official website here: www.downtownlynchburg.com
Who is the CEO of Downtown Lynchburg Association?
Chris Boswell is the President of Downtown Lynchburg Association.
Official website here: www.downtownlynchburg.com
What is the revenue of Downtown Lynchburg Association?
Downtown Lynchburg Association's revenue in 2022 was $473,855.
Official website here: www.downtownlynchburg.com
Who are the executives of Downtown Lynchburg Association and what are their salaries?
The average compensation at Downtown Lynchburg Association during 2022 was $45,905. There are 5 employees and 87 volunteers at Downtown Lynchburg Association.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.downtownlynchburg.com
Where can I find the form 990 for Downtown Lynchburg Association?
Downtown Lynchburg Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownlynchburg.com
Learn more at the official website: www.downtownlynchburg.com
Mission Statement of Downtown Lynchburg Association
The Downtown Lynchburg Association's mission is centered around enhancing and revitalizing the downtown area, aiming to establish a lively, inviting, and distinctive district. By implementing marketing strategies, improving public spaces, engaging with local businesses, organizing cultural events, and undertaking various other initiatives, this organization strives to foster a strong, dynamic, and welcoming downtown environment that showcases its unique and historical character.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Downtown Lynchburg Association has significantly impacted the community by working diligently to create a strong, vibrant, and welcoming downtown with a unique and historic character. Through various initiatives like marketing campaigns, public space improvements, business engagement programs, cultural events, and more, the association has contributed to establishing a thriving downtown district in Lynchburg, VA. Their efforts have not only enhanced the overall appeal of the area but also fostered a sense of community improvement and pride among residents and visitors alike.
This information is meant to be a general summary of Downtown Lynchburg Association. 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: $364
- Program Service Revenue: $224,248
- Gross Receipts: $473,855
Assets and Liabilities:
- Total Assets: $462,482
- Total Liabilities: $182,458
- Net Assets: $280,024
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SponsorshipsVendor Fee
Revenue
$75,125
Program
Revenue
$149,123
Organization Details
Founding Year
1995
Principal Officer
Chris Boswell
Main Address
901 Church St Suite 103, Lynchburg, VA, 24504
Website
www.downtownlynchburg.comNTEE Category
Code: S20 - Community improvement
If you are a representative of Downtown Lynchburg Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.