Overview
What is Harrisonburg Downtown Renaissance?
Harrisonburg Downtown Renaissance (HDR) is a nonprofit organization situated in Harrisonburg, Virginia. Their primary focus is on revitalizing the historic downtown area, promoting local businesses, attractions, and amenities to both local residents and tourists. This strategy aims to attract new and returning customers, attract talent for local employers, attract students and faculty to Harrisonburg universities, and draw tourists. In 2022, HDR implemented various campaigns, such as Restaurant Month, events, and holiday shopping promotions, utilizing streaming media commercials, digital marketing, interviews, radio segments, posters, and newspaper holiday shopping guide inserts. HDR is designated as a Main Street America community, continuously working on the rejuvenation of the downtown district. Their mission is to establish a downtown destination where businesses prosper and individuals enjoy memorable experiences, achieved through direct small business assistance, destination marketing, events, beautification projects, grants, and other community-building activities. HDR currently employs eight individuals in its operations.
Official website here: www.downtownharrisonburg.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
Harrisonburg Downtown Renaissance has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The nonprofit's overall score is derived entirely from its accountability and finance measures, indicating a focus on transparency and responsibility in its operations. The organization boasts a perfect score for having a fully independent board and maintaining robust financial oversight.
Strengths of Harrisonburg Downtown Renaissance include its high scores across various metrics, such as having no material diversion of assets and a favorable liabilities-to-assets ratio. Notably, the organization has implemented effective policies regarding conflict of interest and document retention, which further enhances its credibility. The program expense ratio of 70.38% also signals that the majority of its resources are directed towards its mission-driven programs.
However, there is a noted limitation in that the organization lacks a whistleblower policy, which could be an area for improvement. Overall, the strong financial health and accountability measures position Harrisonburg Downtown Renaissance as a trustworthy nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Harrisonburg Downtown Renaissance legitimate?
Harrisonburg Downtown Renaissance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harrisonburg Downtown Renaissance 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: $82,144
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,738
For more financial information, click here
Official website here: www.downtownharrisonburg.org
What is the mission statement of Harrisonburg Downtown Renaissance?
Harrisonburg Downtown Renaissance, as a Main Street America community, focuses on the ongoing revitalization of its historic downtown area. Its mission is to establish a downtown destination that fosters the success of local businesses and offers memorable experiences for visitors. This is achieved through various community-building activities such as direct assistance to small businesses, destination marketing, events, beautification projects, grants, and other initiatives. The organization utilizes strategic marketing approaches to promote the historic downtown, local businesses, and attractions to both residents and tourists. This helps draw in new and returning customers, attract talent for local employers, attract students and faculty to nearby universities, and attract tourists. In 2022, Harrisonburg Downtown Renaissance led multiple campaigns to promote the district, including Restaurant Month, events, and holiday shopping, employing various promotional tactics like streaming media commercials, digital marketing, media interviews, and newspaper inserts.
Official website here: www.downtownharrisonburg.org
Who is the CEO of Harrisonburg Downtown Renaissance?
Andrea Dono is the President of Harrisonburg Downtown Renaissance.
Official website here: www.downtownharrisonburg.org
What is the revenue of Harrisonburg Downtown Renaissance?
Harrisonburg Downtown Renaissance's revenue in 2022 was $706,534.
Official website here: www.downtownharrisonburg.org
Who are the executives of Harrisonburg Downtown Renaissance and what are their salaries?
The average compensation at Harrisonburg Downtown Renaissance during 2022 was $26,860. There are 8 employees and 85 volunteers at Harrisonburg Downtown Renaissance.
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- Compensation: $68,342
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- Other: $10,599
Official website here: www.downtownharrisonburg.org
Where can I find the form 990 for Harrisonburg Downtown Renaissance?
Harrisonburg Downtown Renaissance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownharrisonburg.org
Learn more at the official website: www.downtownharrisonburg.org
Mission Statement of Harrisonburg Downtown Renaissance
Harrisonburg Downtown Renaissance (HDR) is a designated Main Street America community committed to the ongoing revitalization of historic downtown Harrisonburg. Their mission is to create a downtown destination where businesses prosper and individuals enjoy memorable experiences. This objective is achieved through various means, including providing direct small business assistance, destination marketing, events, beautification projects, grants, and other community-building activities.
By employing destination marketing strategies, HDR promotes the historic downtown, local businesses, and attractions and amenities to both local residents and tourists. This marketing effort draws new and returning customers to the district, attracts talent for area employers, students and faculty to Harrisonburg universities, and tourists to the town. In 2022, HDR spearheaded multiple campaigns to promote the district, such as Restaurant Month, events, and holiday shopping. This involved streaming media commercials, paid digital marketing, media interviews, radio segments, posters, and newspaper holiday shopping guide inserts.
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Impact
July, 2024
Harrisonburg Downtown Renaissance's impact is significant in revitalizing historic downtown Harrisonburg. Through destination marketing strategies, they promote local businesses, attractions, and amenities to both residents and tourists, attracting new and returning customers to the district. In 2022, they spearheaded various campaigns such as Restaurant Month, events, and holiday shopping promotions utilizing various marketing channels. Their mission to build a downtown destination where businesses thrive and people enjoy memorable experiences is achieved through direct small business assistance, events, beautification projects, grants, and other community building activities. Their efforts contribute to the overall improvement of the community.
This information is meant to be a general summary of Harrisonburg Downtown Renaissance. 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: $13,351
- Program Service Revenue: $126,779
- Gross Receipts: $955,196
Assets and Liabilities:
- Total Assets: $859,245
- Total Liabilities: $166,058
- Net Assets: $693,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$95,666
GIFT CERTIFICATES
Revenue
$23,996
OTHER PROGRAM SERVICE
Revenue
$7,117
Organization Details
Founding Year
2003
Phone
(540) 432-8922Principal Officer
Andrea Dono
Main Address
217 S LIBERTY STREET 204, HARRISONBURG, VA, 22801
Website
www.downtownharrisonburg.orgNTEE Category
Code: S20 - Community improvement
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