Overview
What is Knoxville Cbid Management Corporation?
Knoxville Cbid Management Corporation, doing business as Downtown Knoxville Alliance, is a nonprofit organization situated in Knoxville, Tennessee. Their primary mission revolves around the development of the downtown area of the city. This involves working tirelessly to enhance and improve various aspects of the urban center, with a focus on fostering growth and progress in the downtown district. While the specific activities and projects undertaken by this organization are not detailed in the provided information, it's safe to assume that their efforts are geared towards the betterment and revitalization of downtown Knoxville.
Official website here: www.downtownknoxville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Knoxville Cbid Management Corporation, operating as the Downtown Knoxville Alliance, has achieved an impressive score of 96%, which reflects its strong commitment to accountability and financial management. This rating is based entirely on its accountability and finance score, indicating a solid financial foundation and responsible governance practices.
The organization boasts an independent board comprised entirely of independent members, demonstrating transparency and a commitment to ethical oversight. It has been recognized for its effective financial statements and has successfully implemented policies regarding conflict of interest and whistleblower protections. Moreover, the Alliance has a commendable program expense ratio of 89.17%, indicating that a significant portion of its resources is dedicated directly to its programs, rather than administrative costs.
While the data suggests a highly effective operation with no material diversion of assets, the rating is limited to the financial aspect of the organization. Future assessments could benefit from a broader evaluation including programmatic impact and community feedback to provide a more comprehensive view of its effectiveness and reach within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Knoxville Cbid Management Corporation legitimate?
Knoxville Cbid Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Cbid Management Corporation 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.
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Official website here: www.downtownknoxville.org
What is the mission statement of Knoxville Cbid Management Corporation?
The mission of Knoxville Cbid Management Corporation, operating as Downtown Knoxville Alliance, is centered around the development of the downtown area. This urban development organization aims to enhance and improve the downtown sector, striving for its continued growth and progress. By focusing on this mission, Downtown Knoxville Alliance contributes to the betterment of the overall cityscape, promoting a vibrant and thriving downtown community.
Official website here: www.downtownknoxville.org
Who is the CEO of Knoxville Cbid Management Corporation?
Angela Lunsford is the Chair of Knoxville Cbid Management Corporation.
Official website here: www.downtownknoxville.org
What is the revenue of Knoxville Cbid Management Corporation?
Knoxville Cbid Management Corporation's revenue in 2023 was $1,148,489.
Official website here: www.downtownknoxville.org
Who are the executives of Knoxville Cbid Management Corporation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.downtownknoxville.org
Where can I find the form 990 for Knoxville Cbid Management Corporation?
Knoxville Cbid Management Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownknoxville.org
Learn more at the official website: www.downtownknoxville.org
Mission Statement of Knoxville Cbid Management Corporation
Knoxville Cbid Management Corporation Dba Downtown Knoxville Alliance is an urban development organization with a mission to foster the growth and improvement of the downtown area of Knoxville. Their primary objective is to develop this vital part of the city, aiming to enhance its overall appeal and functionality for the benefit of the community. This nonprofit organization plays a significant role in shaping the urban landscape of Knoxville, focusing on the betterment of the downtown district.
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Impact
July, 2024
The impact of Knoxville Cbid Management Corporation Dba Downtown Knoxville Alliance, also known as Downtown Knoxville Alliance, is the ongoing development of the downtown area of Knoxville. Through its activities and initiatives, this organization works towards improving the overall community and urban environment in Knoxville, Tennessee. Their focus on enhancing the downtown area contributes to economic growth, revitalization, and a sense of community pride within the city.
This information is meant to be a general summary of Knoxville Cbid Management Corporation. 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: $3,774
- Gross Receipts: $1,148,489
Assets and Liabilities:
- Total Assets: $1,342,666
- Total Liabilities: $357,406
- Net Assets: $985,260
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Organization Details
Founding Year
1993
Phone
(865) 637-4550Principal Officer
Angela Lunsford
Main Address
17 MARKET SQUARE 201, KNOXVILLE, TN, 37902
Website
www.downtownknoxville.orgNTEE Category
Code: S200 - Community improvement
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