Overview
What is Downtown Winston-Salem Partnership Inc?
Downtown Winston-Salem Partnership Inc is a nonprofit organization situated in Winston Salem, North Carolina. Its primary mission revolves around promoting the downtown area, ensuring public safety, and managing parks and playgrounds. The organization generates significant revenue, as evident from the $864,756 it earned last year. Besides these core functions, Downtown Winston-Salem Partnership Inc also organizes events such as the Christmas Tree Lighting, further contributing to the downtown's vitality and charm.
Official website here: www.downtownws.com/
Is Downtown Winston-Salem Partnership Inc legitimate?
Downtown Winston-Salem Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Winston-Salem Partnership 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: $130,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,848
For more financial information, click here
Official website here: www.downtownws.com/
What is the mission statement of Downtown Winston-Salem Partnership Inc?
The Downtown Winston-Salem Partnership Inc is dedicated to promoting its downtown area, ensuring public safety, and organizing events such as the Park and Shop Stamps and the annual Christmas Tree Lighting ceremony. This non-profit organization's mission is primarily focused on enhancing the downtown environment and providing engaging experiences for the community.
Official website here: www.downtownws.com/
Who is the CEO of Downtown Winston-Salem Partnership Inc?
Jason Thiel is the President of Downtown Winston-Salem Partnership Inc.
Official website here: www.downtownws.com/
What is the revenue of Downtown Winston-Salem Partnership Inc?
Downtown Winston-Salem Partnership Inc's revenue in 2023 was $909,938.
Official website here: www.downtownws.com/
Who are the executives of Downtown Winston-Salem Partnership Inc and what are their salaries?
The average compensation at Downtown Winston-Salem Partnership Inc during 2023 was $76,144. There are 3 employees at Downtown Winston-Salem Partnership Inc.
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Official website here: www.downtownws.com/
Where can I find the form 990 for Downtown Winston-Salem Partnership Inc?
Downtown Winston-Salem Partnership Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownws.com/
Learn more at the official website: www.downtownws.com/
Mission Statement of Downtown Winston-Salem Partnership Inc
Downtown Winston-Salem Partnership Inc, as a nonprofit organization, is dedicated to the promotion of its downtown area. This promotion involves ensuring public safety, managing parks and playgrounds, and encouraging shopping and visiting the area. One of their notable activities is the organization of the Christmas Tree Lighting event, which adds a festive spirit to the downtown area. The mission of Downtown Winston-Salem Partnership Inc is multifaceted, aiming to enhance the overall appeal and safety of the downtown area, while also encouraging community engagement and shopping experiences. The organization's activities contribute to the vibrancy and attractiveness of the downtown area, thereby boosting its economic potential and appeal to visitors and residents alike.
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Impact
October, 2024
The Downtown Winston-Salem Partnership Inc significantly enhances the vitality and appeal of downtown Winston-Salem, North Carolina, through various strategic initiatives. By promoting the downtown area, the organization fosters economic growth, attracting both visitors and residents to local businesses. Their focus on public safety ensures that the environment remains welcoming and secure, further encouraging community engagement and activity.
Additionally, the management of parks and playgrounds contributes to the quality of life in the city, providing essential green spaces for recreation and leisure. The introduction of Park and Shop Stamps incentivizes shopping locally, benefiting merchants and promoting a thriving local economy. Seasonal events, such as the Christmas Tree Lighting, cultivate community spirit and draw crowds, enhancing the cultural landscape of downtown Winston-Salem.
In the last year, the Partnership generated $864,756 in total revenues, reflecting the organization's effectiveness in driving initiatives that support the community and contribute to the overall development of downtown Winston-Salem. Through these efforts, they play a critical role in not only maintaining but also enriching the urban experience for all who live, work, and visit the area.
This information is meant to be a general summary of Downtown Winston-Salem Partnership 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: $3,884
- Program Service Revenue: $214,156
- Gross Receipts: $909,938
Assets and Liabilities:
- Total Assets: $254,303
- Total Liabilities: $27,477
- Net Assets: $226,826
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES AND MEMBERSHIPS
Revenue
$125,526
SUMMER MUSIC SERIES
Revenue
$88,630
Organization Details
Founding Year
1991
Phone
(336) 354-1500Principal Officer
Jason Thiel
Main Address
515 N CHERRY ST, WINSTONSALEM, NC, 27101
Website
www.downtownws.com/NTEE Category
Code: N32 - Recreation
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