Downtown Shreveport Development Corporation

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

EIN: 720915463 ✦ Shreveport, LA ✦ Designated as a 501(c)(4)

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Overview

What is Downtown Shreveport Development Corporation?

The Downtown Shreveport Development Corporation is a nonprofit organization situated in Shreveport, Louisiana, specifically at 416 Cotton Street, with a postal code of 71101. Their primary objective is to promote and advocate for the development of downtown Shreveport, Louisiana. They actively pursue, support, and facilitate private development initiatives, while also coordinating public development within the Downtown Development District of Shreveport, Louisiana. Their mission is to provide convenient parking options, making it easy for individuals to access downtown Shreveport. In essence, the Downtown Shreveport Development Corporation is dedicated to enhancing and uplifting the downtown area of Shreveport, Louisiana, through various development initiatives.


Official website here: www.downtownshreveport.com

Is Downtown Shreveport Development Corporation legitimate?

Downtown Shreveport Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Downtown Shreveport Development 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.


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.downtownshreveport.com

What is the mission statement of Downtown Shreveport Development Corporation?

The Downtown Shreveport Development Corporation actively pursues, supports, facilitates, and welcomes initiatives that aid and encourage private development within its district. Their mission is to promote and coordinate public development, contributing to the betterment of the area. Additionally, they focus on providing convenient parking to ensure easy access to downtown Shreveport, thereby enhancing its attractiveness and usability. In essence, their goal is to foster growth and development within the downtown district, benefiting both private entities and the community at large.


Official website here: www.downtownshreveport.com

Who is the CEO of Downtown Shreveport Development Corporation?

Liz Swaine is the Director of Downtown Shreveport Development Corporation.


Official website here: www.downtownshreveport.com

What is the revenue of Downtown Shreveport Development Corporation?

Downtown Shreveport Development Corporation's revenue in 2022 was $259,155.


Official website here: www.downtownshreveport.com

Who are the executives of Downtown Shreveport Development Corporation and what are their salaries?


Here are 9 key members and their salaries:


Greg Lott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Bryan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Feldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeri Little (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Malsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conway Link (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Razinsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Malone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Newt Dorsett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownshreveport.com

Where can I find the form 990 for Downtown Shreveport Development Corporation?

Downtown Shreveport Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.downtownshreveport.com

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

Mission Statement of Downtown Shreveport Development Corporation

The Downtown Shreveport Development Corporation is dedicated to actively pursuing, supporting, facilitating, and welcoming initiatives that aid and encourage private development within the Downtown Development District of Shreveport, Louisiana. Their mission is to promote and coordinate public development in this district, working towards the betterment of the area. One of their key objectives is to provide convenient parking, making it easy for individuals to access downtown Shreveport. This commitment to both private and public development aims to enhance and revitalize the downtown area, ultimately contributing to its overall growth and success.

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Impact




October, 2024

The Downtown Shreveport Development Corporation has a significant impact on the revitalization and growth of the Downtown Shreveport area. By actively promoting and advocating for initiatives that foster private development, the organization works to enhance the overall urban landscape. Its focus on providing convenient parking solutions facilitates easy access to the downtown area, encouraging both residents and visitors to explore local businesses and attractions.

Additionally, the corporation plays a crucial role in coordinating public development efforts, ensuring that investments are strategically aligned to benefit the community. Through its mission, the organization not only supports economic growth but also helps to create a vibrant urban environment that fosters community improvement and engagement in Shreveport, Louisiana. By welcoming initiatives that enhance the downtown district, the Downtown Shreveport Development Corporation contributes to a more dynamic, accessible, and appealing city center for all.




This information is meant to be a general summary of Downtown Shreveport Development 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.

Revenue
$259,155 (2022)
Expenses
$215,547 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $133,169
  • Program Service Revenue: $118,396
  • Gross Receipts: $588,447

Assets and Liabilities:

  • Total Assets: $6,094,006
  • Total Liabilities: $9,989
  • Net Assets: $6,084,017

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Programs

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

BUILDING-416 COTTON ST

Revenue

$39,045

SECURITY GRANTS

Revenue

$37,765

DOWNTOWN PARKING LOT

Revenue

$28,881

MARKETING GRANTS

Revenue

$9,000

INTEREST ON LOANS TO D

Revenue

$3,705

Organization Details

Founding Year

1978

Principal Officer

Liz Swaine

Main Address

416 COTTON STREET, SHREVEPORT, LA, 71101

NTEE Category

Code: S31 - Community improvement

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