Overview
What is Bay Ridge 5th Avenue District Management Association Inc?
Bay Ridge 5th Avenue District Management Association Inc is a nonprofit organization situated at 482 80th Street, Brooklyn, New York 11209. Their primary mission is to enhance the community's general well-being by providing supplemental services such as sanitation, security, holiday decorations, graffiti removal, and other activities that foster safety, crime reduction, improved traffic flow, and cleanliness. The organization serves the 5th avenue area, extending from 65th to 85th streets, and collaborates with local property owners, merchants, residents, elected officials, and community organizations to improve neighborhood conditions and promote the economic and cultural vitality of the commercial corridor. With a workforce of three individuals, the Bay Ridge 5th Avenue District Management Association Inc plays a significant role in maintaining the livability and prosperity of the area.
Official website here: www.bayridgebid.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Bay Ridge 5th Avenue District Management Association Inc has received a commendable rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This rating is solely based on a comprehensive evaluation of its financial practices. The organization has demonstrated exceptional governance with a fully independent board and robust financial oversight, signifying a commitment to transparency and responsible management of resources.
The organization excels in various financial metrics, including a program expense ratio of 83.69%, which suggests that a significant portion of its budget is dedicated to its mission-driven activities. Furthermore, the absence of any material diversion of assets and a low liabilities-to-assets ratio of 8.31% reflect solid financial health. The presence of well-established policies for conflict of interest and whistleblower protection further underscores its dedication to ethical practices.
While the data paints a positive picture of the Bay Ridge 5th Avenue District Management Association Inc's performance, potential donors and stakeholders might consider looking into its specific program outcomes and community impact in addition to financial metrics. Overall, this organization appears to be a reliable choice for those interested in supporting its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Ridge 5th Avenue District Management Association Inc legitimate?
Bay Ridge 5th Avenue District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Ridge 5th Avenue District Management Association 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: $123,422
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,986
For more financial information, click here
Official website here: www.bayridgebid.com
What is the mission statement of Bay Ridge 5th Avenue District Management Association Inc?
The Bay Ridge 5th Avenue District Management Association Inc serves as a non-profit organization, collaborating with various stakeholders such as property owners, merchants, residents, elected officials, and community groups. Their primary aim is to enhance the neighborhood conditions along 5th avenue, extending from 65th to 85th streets. They strive to promote economic and cultural vitality within their commercial corridor, contributing to its overall prosperity. The organization acts as a catalyst for improvement, working towards the betterment of the local community.
Official website here: www.bayridgebid.com
Who is the CEO of Bay Ridge 5th Avenue District Management Association Inc?
Essa Masoud is the Executive Dir. of Bay Ridge 5th Avenue District Management Association Inc.
Official website here: www.bayridgebid.com
What is the revenue of Bay Ridge 5th Avenue District Management Association Inc?
Bay Ridge 5th Avenue District Management Association Inc's revenue in 2023 was $701,371.
Official website here: www.bayridgebid.com
Who are the executives of Bay Ridge 5th Avenue District Management Association Inc and what are their salaries?
The average compensation at Bay Ridge 5th Avenue District Management Association Inc during 2023 was $44,469. There are 3 employees at Bay Ridge 5th Avenue District Management Association Inc.
Here are 6 key members and their salaries:
- Compensation: $66,167
- Related: $0
- Other: $0
- Compensation: $63,422
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bayridgebid.com
Where can I find the form 990 for Bay Ridge 5th Avenue District Management Association Inc?
Bay Ridge 5th Avenue District Management Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bayridgebid.com
Learn more at the official website: www.bayridgebid.com
Mission Statement of Bay Ridge 5th Avenue District Management Association Inc
Bay Ridge 5th Avenue District Management Association Inc is a dedicated non-profit organization with a mission to collaborate with various stakeholders, including local property owners, merchants, residents, elected officials, and community organizations. Its primary objective is to enhance the neighborhood conditions of 5th avenue, situated between 65th and 85th streets. The association aims to foster economic and cultural vitality within this commercial corridor, serving as a catalyst for improvement and growth. By partnering with numerous entities, Bay Ridge 5th Avenue District Management Association Inc seeks to elevate the overall appeal and competitiveness of the area, ultimately benefiting both businesses and the community as a whole.
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Impact
July, 2024
Bay Ridge 5th Avenue District Management Association Inc's impact includes providing supplemental services to the community such as sanitation, security, holiday decorations, graffiti removal, and other activities that foster safety, crime reduction, improved traffic flow, and cleanliness for the general well-being of the community. By partnering with local property owners, merchants, residents, elected officials, and community organizations, the organization works to improve neighborhood conditions and promote the economic and cultural vitality of the commercial corridor along 5th Avenue between 65th and 85th streets in Brooklyn, NY. Their efforts contribute to community improvement and enhance the overall quality of life in the area.
This information is meant to be a general summary of Bay Ridge 5th Avenue District Management Association 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: $3,167
- Gross Receipts: $721,854
Assets and Liabilities:
- Total Assets: $370,773
- Total Liabilities: $30,834
- Net Assets: $339,939
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Organization Details
Founding Year
2007
Phone
(718) 238-8181Principal Officer
Essa Masoud
Main Address
482 80th Street 2nd Fl, Brooklyn, NY, 11209
Website
www.bayridgebid.comNTEE Category
Code: S200 - Community improvement
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