Overview
What is Metropolitan Denver Local Development Corporation?
The Metropolitan Denver Local Development Corporation is a nonprofit organization situated in Denver, Colorado. Established with a mission to uplift blighted and economically distressed neighborhoods, the corporation offers various services including management, maintenance, education, training, consulting, and community outreach. Their primary role is to improve and manage local maintenance districts, currently under contract with the City of Denver's Broadway Pedestrian Mall. The corporation also provides business improvement and facility management services to select commercial areas in transitional and economically depressed neighborhoods, contributing to their revitalization and preservation through educational, training, and consulting initiatives.
Official website here: www.mdldc.com
Is Metropolitan Denver Local Development Corporation legitimate?
Metropolitan Denver Local Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Metropolitan Denver Local 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: $203,467
For more financial information, click here
Official website here: www.mdldc.com
What is the mission statement of Metropolitan Denver Local Development Corporation?
The Metropolitan Denver Local Development Corporation was established to enhance the social welfare and economic revitalization of distressed neighborhoods in metro Denver and other urban areas. The corporation accomplishes this mission by providing business improvement and facility management services to specified business districts and commercial areas in transitioning and economically depressed neighborhoods. Additionally, the corporation contributes to the social welfare, economic revitalization, and preservation of these areas through education, training, consulting, and various outreach programs.
Official website here: www.mdldc.com
Who is the CEO of Metropolitan Denver Local Development Corporation?
Anthony D Gengaro is the CEO of Metropolitan Denver Local Development Corporation The CEO's salary of Metropolitan Denver Local Development Corporation is $0 and their total compensation is $0.
Official website here: www.mdldc.com
What is the revenue of Metropolitan Denver Local Development Corporation?
Metropolitan Denver Local Development Corporation's revenue in 2023 was $431,379.
Official website here: www.mdldc.com
Who are the executives of Metropolitan Denver Local Development Corporation and what are their salaries?
Here are 6 key members and their salaries (Metropolitan Denver Local Development Corporation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.mdldc.com
Where can I find the form 990 for Metropolitan Denver Local Development Corporation?
Metropolitan Denver Local Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mdldc.com
Learn more at the official website: www.mdldc.com
Mission Statement of Metropolitan Denver Local Development Corporation
The Metropolitan Denver Local Development Corporation, established with the purpose of enhancing social welfare and economic revitalization, focuses on revitalizing blighted and economically distressed neighborhoods in urban environments, beyond just Metro Denver. This corporation carries out its mission through various means, including management, maintenance, education, training, consulting, and outreach.
In fulfilling its mission, the Metropolitan Denver Local Development Corporation offers business improvement and facility management services to defined business districts within the city of Denver and other transitioning and economically depressed commercial areas. Their contributions extend beyond direct service provision, as they also participate in the social welfare, economic revitalization, and redevelopment, as well as preservation of these areas. They achieve this through education, training, consulting, and other outreach initiatives.
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Impact
October, 2024
Metropolitan Denver Local Development Corporation significantly contributes to the social welfare and economic revitalization of blighted and economically distressed neighborhoods in the metropolitan area. By managing and maintaining local streetscapes, it enhances the physical environment, making these areas more attractive and accessible.
The Corporation's efforts in providing business improvement and facility management services are crucial for defined business districts, especially in transitional neighborhoods. Through education, training, and consulting, it empowers local businesses and engages communities in the redevelopment process, fostering a sense of ownership and pride among residents.
The impact is visible in the overall improvement of local economies, where enhanced public spaces and supportive services attract businesses, encourage investment, and create jobs. This holistic approach not only addresses immediate concerns of maintenance and aesthetics but also lays the groundwork for long-term sustainability and growth in these communities.
This information is meant to be a general summary of Metropolitan Denver Local 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $8
- Program Service Revenue: $431,371
- Gross Receipts: $431,379
Assets and Liabilities:
- Total Assets: $125,895
- Total Liabilities: $5,768
- Net Assets: $120,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$431,371
Organization Details
Founding Year
1978
Principal Officer
Anthony D Gengaro
Website
www.mdldc.comNTEE Category
Code: S31 - Community improvement
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