Overview
What is Downtown Springdale Alliance?
Downtown Springdale Alliance is a dedicated nonprofit organization, headquartered in Springdale, with a mission to enhance the city's downtown area. Their primary objective is to uplift the image of downtown Springdale, showcasing its promising potential. They achieve this by collaborating with the City of Springdale through contractual agreements. Their main goal is to foster a lively and dynamic downtown Springdale, attracting people to the area. They work tirelessly to promote the area's growth and development, contributing positively to the local community.
Official website here: www.downtownspringdale.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Downtown Springdale Alliance has received a One-Star rating from Charity Navigator, reflecting concerns primarily in the area of accountability and finance. With an overall score of 57%, the organization demonstrates strengths in governance, including having a fully independent board and maintaining transparent practices regarding board meeting minutes and the listing of their website on tax forms. However, significant limitations are evident, particularly in financial disclosures and missing policies that are recommended for effective governance.
Notably, the organization has not provided financial statements, which has heavily impacted its financial score. While it maintains a reasonable liabilities-to-assets ratio of 0.30%, its program expenses ratio is at 56.88%, indicating that less than a majority of its financial resources are directed towards programming. This raises questions about the impact of their operations and the effectiveness of their expenditures.
Additionally, the absence of a whistleblower policy and document retention policy highlights areas where the organization could improve its governance framework. Overall, while the Downtown Springdale Alliance shows some strengths in board independence and governance practices, it faces challenges in financial transparency and operational efficiency, which could affect donor confidence and support.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Springdale Alliance legitimate?
Downtown Springdale Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Springdale Alliance 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: $110,295
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,323
For more financial information, click here
Official website here: www.downtownspringdale.org
What is the mission statement of Downtown Springdale Alliance?
The Downtown Springdale Alliance has a mission to enhance the perception of downtown Springdale, highlighting its promising future. Through strategic collaborations with the City of Springdale, they aim to draw people to the area, fostering a lively and vibrant downtown environment. Their objective is primarily focused on improving the image of the downtown area and showcasing its potential.
Official website here: www.downtownspringdale.org
Who is the CEO of Downtown Springdale Alliance?
Jill Dabbs is the Director of Downtown Springdale Alliance.
Official website here: www.downtownspringdale.org
What is the revenue of Downtown Springdale Alliance?
Downtown Springdale Alliance's revenue in 2022 was $679,666.
Official website here: www.downtownspringdale.org
Who are the executives of Downtown Springdale Alliance and what are their salaries?
Here are 16 key members and their salaries:
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- Other: $5,473
Official website here: www.downtownspringdale.org
Where can I find the form 990 for Downtown Springdale Alliance?
Downtown Springdale Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownspringdale.org
Learn more at the official website: www.downtownspringdale.org
Mission Statement of Downtown Springdale Alliance
The Downtown Springdale Alliance, a notable organization, is dedicated to enhancing the allure of downtown Springdale. Its primary mission is to elevate the perception of this area, showcasing its captivating potential to attract people. Through strategic partnerships with the City of Springdale, the Alliance strives to breathe life into Downtown Springdale, making it a vibrant and appealing destination. By promoting this lively atmosphere, the Downtown Springdale Alliance contributes to the overall development and revitalization of the downtown area.
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Impact
July, 2024
The impact of the Downtown Springdale Alliance is evident in the revitalization and promotion of a vibrant downtown area in Springdale. Through their efforts to improve the image of downtown Springdale and communicate its exciting potential, they have successfully attracted more people to the area. This has not only enhanced the overall community experience but has also brought economic benefits to local businesses and residents. The Alliance's focus on community improvement has created a more engaging and dynamic downtown environment, contributing to the overall prosperity and appeal of Springdale.
This information is meant to be a general summary of Downtown Springdale Alliance. 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: $3,326
- Program Service Revenue: $70,450
- Gross Receipts: $679,666
Assets and Liabilities:
- Total Assets: $1,042,059
- Total Liabilities: $3,139
- Net Assets: $1,038,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DOWNTOWN EVENTS
Revenue
$69,694
PROGRAM-RELATED MERCHA
Revenue
$756
Organization Details
Founding Year
1999
Phone
(501) 425-0478Principal Officer
Jill Dabbs
Main Address
224 W HUNTSVILLE AVE, SPRINGDALE, AR, 72764
Website
www.downtownspringdale.orgNTEE Category
Code: S20 - Community improvement
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