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The Downtown Little Rock Partnership

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 710602465 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

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Overview

What is The Downtown Little Rock Partnership?

The Downtown Little Rock Partnership is a nonprofit organization situated in Little Rock, Arkansas, specifically at 101 E Capitol Ave Suite 106. Its primary mission is to revitalize and modernize the city's central business district, preventing urban decay and improving public safety. Key initiatives include the establishment of a Main Street Revitalization Committee, the announcement of renovations for a jazz cafe and bar, and the completion of streetscape alterations. The organization also provides leadership and funding assistance for the development of McArthur Park, aiming to upgrade it to a 'Class A' park designation. Additionally, it has developed the Museum Art and Heritage walking trail and an audio tour, contributing to the cultural enrichment of the city. The Downtown Little Rock Partnership represents its members to enhance the overall downtown community, focusing on planning, legislation, transportation, economic development, and various public and private initiatives.


Official website here: www.downtownlr.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates that The Downtown Little Rock Partnership has room for improvement in its accountability and financial practices. While the organization has a solid program expense ratio of 75.08%, reflecting a commitment to its mission, the lack of financial statements and missing policies raise concerns about transparency and governance.

The Downtown Little Rock Partnership demonstrates strengths in board independence and oversight, with 100% of board members being independent. The organization has also established a conflict of interest policy and maintains meeting minutes, suggesting a level of operational diligence. However, the absence of a whistleblower policy and inadequate documentation regarding retention and destruction may hinder trust among stakeholders.

Overall, while the organization shows a commitment to its programs and has a well-structured board, it faces challenges in financial transparency and governance policies. Addressing these limitations could enhance its rating and foster greater community confidence in its operations.


This AI summary has been generated from information found on Charity Navigator.

Is The Downtown Little Rock Partnership legitimate?

The Downtown Little Rock Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Downtown Little Rock Partnership 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: $161,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,471

For more financial information, click here


Official website here: www.downtownlr.com

What is the mission statement of The Downtown Little Rock Partnership?

The Downtown Little Rock Partnership is a nonprofit organization that represents its members in their pursuit of an exceptional urban experience for all residents, workers, visitors, and investors within the downtown area. The organization strives to provide leadership by addressing or advocating for various initiatives, such as planning, legislation, transportation, economic development, and numerous public and private projects. These initiatives are designed to strengthen the downtown business, cultural, entertainment, recreational, and residential communities. Furthermore, the aim is to enhance the image of downtown Little Rock by fostering a thriving and vibrant urban environment.


Official website here: www.downtownlr.com

Who is the CEO of The Downtown Little Rock Partnership?

Gabe Holmstrom is the Executive Director of The Downtown Little Rock Partnership.


Official website here: www.downtownlr.com

What is the revenue of The Downtown Little Rock Partnership?

The Downtown Little Rock Partnership's revenue in 2022 was $750,502.


Official website here: www.downtownlr.com

Who are the executives of The Downtown Little Rock Partnership and what are their salaries?

The average compensation at The Downtown Little Rock Partnership during 2022 was $36,429. There are 9 employees and 145 volunteers at The Downtown Little Rock Partnership.


Here are 75 key members and their salaries:


Gabe Holmstrom (Executive Director)
  • Compensation: $144,292
  • Related: $0
  • Other: $11,676
Carol Worley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sargent (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pattie Davidson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Birch (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris East (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Kelley (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Moses (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Gemberling (Lrvcb Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Meyer (Metrocentre Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dean Kumpuris (City Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Moore (City Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Frank D Scott Jr (City Of Little Rock Mayor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeline Balgavy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Bartlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Bass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Bearden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Birch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Blick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Brandon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Case (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Chesshir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christa Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Coulter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Coulter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Crane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Cranford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisha Dicarlo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Christina Drale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Faubel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocky Goodman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Hartman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Hastings Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Ho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Hoover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judge Barry Hyde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Laidlaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Erkman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Lasiter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlton Lowery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mandy Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Mccarroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Staci Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Montgomery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Odell Nickelberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Parnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heartsill Ragon Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Victoria Ramirez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tabitha Mcnulty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mimi San Pedro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sargent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stodola (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stogsdill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Shock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Tennille (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tab Townsell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Trice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Utecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Weinsinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremiah Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Frazier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownlr.com

Where can I find the form 990 for The Downtown Little Rock Partnership?

The Downtown Little Rock Partnership's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.downtownlr.com

Learn more at the official website: www.downtownlr.com

Mission Statement of The Downtown Little Rock Partnership

The Downtown Little Rock Partnership is a nonprofit organization that represents its members in their pursuit of an exceptional urban experience. This organization strives to provide leadership by addressing or advocating for various initiatives, such as planning, legislation, transportation, economic development, and numerous public and private projects. These initiatives aim to strengthen the overall downtown business, cultural, entertainment, recreational, and residential communities. By doing so, the Downtown Little Rock Partnership seeks to enhance the image of downtown Little Rock, contributing to a thriving and vibrant urban environment for all who live, work, play, and invest in the area.

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Impact



July, 2024

The Downtown Little Rock Partnership plays a vital role in stimulating and modernizing the central business district of the city of Little Rock, Arkansas. Its efforts are geared towards preventing urban blight, addressing unsafe conditions, and revitalizing the downtown area for the benefit of the general public. Through initiatives like the Main Street Revitalization Committee, partnering with the city, and supporting the development of McArthur Park, the organization has made significant strides in enhancing the overall downtown business, cultural, entertainment, recreational, and residential communities. Their work not only improves the quality of life for those living, working, and investing in downtown Little Rock but also contributes to the city's image and overall vibrancy.



This information is meant to be a general summary of The Downtown Little Rock Partnership. 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.

Revenue
$750,502 (2022)
Expenses
$714,496 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $739
  • Program Service Revenue: $106,255
  • Gross Receipts: $750,502

Assets and Liabilities:

  • Total Assets: $519,430
  • Total Liabilities: $203,719
  • Net Assets: $315,711

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EVENTS

Revenue

$106,255

Organization Details

Founding Year

1999

Phone

(501) 375-0121

Principal Officer

Gabe Holmstrom

Main Address

101 E CAPITOL AVE SUITE 106 106, LITTLE ROCK, AR, 72201

Website

www.downtownlr.com

NTEE Category

Code: S20 - Community improvement

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