Overview
What is Nashville District Management Corp Inc?
Nashville District Management Corp Inc, based in Nashville, Tennessee, serves to enhance and improve the downtown area. They collaborate with the Nashville Downtown Partnership to augment cleaning, safety, and marketing efforts. Additionally, they undertake landscaping beautification projects and utilize social media for district marketing. Their primary goal is to contribute to the betterment of downtown Nashville, providing various projects and services for the community.
Official website here: www.nashvilledowntown.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating - 69%)**
The Nashville District Management Corp Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement primarily in their accountability and finance practices. While their financial oversight practices score well, including full credit for having a majority of independent board members, several critical policies such as conflict of interest and whistleblower protections are missing. This highlights areas where the organization can strengthen its governance.
One organizational strength lies in their high program expense ratio, which suggests a significant portion of their budget is directed toward programs rather than administrative costs. However, the overall accountability score is tempered by the lack of essential governance policies and transparency in certain areas, such as their website not displaying the required tax form.
User reviews from GreatNonprofits were not available, limiting insights from those with direct experience with the organization. This absence of user feedback leaves a gap in understanding community sentiment regarding their operations and impact. Overall, while the organization demonstrates strengths in some aspects, the need for improved governance and policy structures is clear.
This AI summary has been generated from information found on Charity Navigator.
Is Nashville District Management Corp Inc legitimate?
Nashville District Management Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nashville District Management Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nashvilledowntown.com
What is the mission statement of Nashville District Management Corp Inc?
Nashville District Management Corp Inc's mission is centered around enhancing and providing projects and services within downtown areas. Specifically, their goal is to improve the downtown sector by engaging in various initiatives. This includes supplemental cleaning and safety services, landscaping beautification projects, and marketing efforts through social media. Their mission is aimed at ensuring the greatest efficiency in these endeavors.
Official website here: www.nashvilledowntown.com
Who is the CEO of Nashville District Management Corp Inc?
Thomas D Turner is the Chairman of Nashville District Management Corp Inc.
Official website here: www.nashvilledowntown.com
What is the revenue of Nashville District Management Corp Inc?
Nashville District Management Corp Inc's revenue in 2022 was $7,673,079.
Official website here: www.nashvilledowntown.com
Who are the executives of Nashville District Management Corp Inc and what are their salaries?
There 20 volunteers at Nashville District Management Corp Inc.
Here are 12 key members and their salaries:
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- Related: $398,236
- Other: $32,021
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- Related: $121,441
- Other: $20,249
- Compensation: $0
- Related: $120,313
- Other: $15,821
- Compensation: $0
- Related: $113,697
- Other: $10,355
Official website here: www.nashvilledowntown.com
Where can I find the form 990 for Nashville District Management Corp Inc?
Nashville District Management Corp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nashvilledowntown.com
Learn more at the official website: www.nashvilledowntown.com
Mission Statement of Nashville District Management Corp Inc
Nashville District Management Corp Inc, a nonprofit organization, is dedicated to enhancing and offering projects and services within and for downtown Nashville. Their primary mission is to improve the area, and they accomplish this by engaging the Nashville Downtown Partnership to provide supplemental cleaning, safety services, and landscape beautification projects. Additionally, Nashville District Management Corp Inc utilizes district marketing strategies through social media to further promote the area. Overall, their objective is to make downtown Nashville a more efficient and appealing place for its community.
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Impact
July, 2024
Nashville District Management Corp Inc, through its focus on community improvement within downtown Nashville, has significantly impacted the local area. By engaging the Nashville Downtown Partnership to provide supplemental cleaning and safety services, alongside implementing landscaping beautification projects and district marketing through social media, NDMC contributes to the overall enhancement of the downtown area. Through these efforts, NDMC plays a crucial role in creating a more vibrant, safe, and attractive environment for residents, visitors, and businesses in Nashville.
This information is meant to be a general summary of Nashville District Management Corp 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 2022.
- Investment Income: $20,894
- Program Service Revenue: $7,652,185
- Gross Receipts: $7,673,079
Assets and Liabilities:
- Total Assets: $3,798,184
- Total Liabilities: $3,538,877
- Net Assets: $259,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CBID ASSESSMENTS
Revenue
$4,066,429
CBID SALES TAX
Revenue
$3,585,756
Organization Details
Founding Year
1998
Phone
(615) 743-3093Principal Officer
Thomas D Turner
Main Address
150 4TH AVENUE NORTH 110, NASHVILLE, TN, 37219
Website
www.nashvilledowntown.comNTEE Category
Code: S20 - Community improvement
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