Overview
What is Downtown Dallas Inc?
Downtown Dallas Inc, established in Dallas, Texas, serves as a dedicated advocate and driving force for the city's downtown area. Their mission is to foster a thriving urban center, renowned globally for its exceptional business, hospitality, entertainment, living, and cultural environments. They achieve this by setting ambitious goals and mobilizing resources to stimulate a lively and sustainable environment. Downtown Dallas Inc focuses on improving infrastructure, boosting economic competitiveness, and promoting a culturally inclusive urban center. Additionally, they aim to position the area as a global destination and encourage innovation and technology in all aspects of urban living. With a team of 132 dedicated individuals, they strive to make Downtown Dallas a vibrant and attractive hub for both locals and visitors alike.
Official website here: www.downtowndallas.com
Is Downtown Dallas Inc legitimate?
Downtown Dallas Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Dallas 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: $820,285
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,799,395
For more financial information, click here
Official website here: www.downtowndallas.com
What is the mission statement of Downtown Dallas Inc?
Downtown Dallas Inc, acting as the primary advocate and champion, works towards transforming Downtown into a thriving urban hub recognized both locally and globally. They achieve this by setting targets and mobilizing resources, stimulating a vibrant and sustainable environment, improving infrastructure, enhancing economic competitiveness, fostering a culturally inclusive urban center, positioning the area as a global destination, and promoting innovation and technology in all aspects of urban life. Their goal is to create an exceptional business, hospitality, entertainment, living, and cultural environment in Downtown.
Official website here: www.downtowndallas.com
Who is the CEO of Downtown Dallas Inc?
Jennifer Scripps is the CEO of Downtown Dallas Inc The CEO's salary of Downtown Dallas Inc is $429,499 and their total compensation is $475,202.
Official website here: www.downtowndallas.com
What is the revenue of Downtown Dallas Inc?
Downtown Dallas Inc's revenue in 2023 was $12,448,329.
Official website here: www.downtowndallas.com
Who are the executives of Downtown Dallas Inc and what are their salaries?
The average compensation at Downtown Dallas Inc during 2023 was $45,688. There are 123 employees and 17 volunteers at Downtown Dallas Inc.
Here are 24 key members and their salaries (Downtown Dallas Inc's CEO's salary is $429,499 and their total compensation is $475,202):
- Compensation: $429,499
- Related: $0
- Other: $45,703
- Compensation: $320,850
- Related: $0
- Other: $24,235
- Compensation: $218,063
- Related: $0
- Other: $49,642
- Compensation: $177,223
- Related: $0
- Other: $49,945
- Compensation: $161,927
- Related: $0
- Other: $28,330
- Compensation: $145,095
- Related: $0
- Other: $41,157
- Compensation: $148,518
- Related: $0
- Other: $35,445
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Official website here: www.downtowndallas.com
Where can I find the form 990 for Downtown Dallas Inc?
Downtown Dallas Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtowndallas.com
Learn more at the official website: www.downtowndallas.com
Mission Statement of Downtown Dallas Inc
Downtown Dallas, Inc., serving as the primary advocate and champion for the urban center, strives to transform Downtown into a thriving hub of urban life. Recognized both locally and globally, Downtown Dallas, Inc. aims to enhance the quality of its business, hospitality, entertainment, living, and cultural environments. This is achieved through the strategic setting of targets and the mobilization of resources. These efforts stimulate a vibrant and sustainable environment, enhance infrastructure, boost economic competitiveness, and create a culturally inclusive urban center. Furthermore, the organization positions Downtown as a global destination, fostering innovation and technology in various aspects of urban life. By accomplishing these goals, Downtown Dallas, Inc. plays a significant role in driving the growth and development of Downtown, ensuring its recognition as a renowned urban center.
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Impact
October, 2024
Downtown Dallas Inc plays a pivotal role in shaping the urban landscape of Downtown Dallas, fostering a vibrant center of urban life that attracts attention both locally and globally. By advocating for and championing the area, the organization aims to enhance the quality of businesses, hospitality, entertainment, and cultural environments throughout Downtown.
Its impact is seen through targeted efforts that stimulate a sustainable urban environment, where improved infrastructure and enhanced economic competitiveness create a dynamic ecosystem for residents and visitors alike. Furthermore, Downtown Dallas Inc is committed to cultivating a culturally inclusive urban center, ensuring that the diverse voices and backgrounds within the community are represented and supported.
By positioning Downtown Dallas as a global destination, the organization draws investment and tourism, contributing to the area's economic vitality. Additionally, Downtown Dallas Inc fosters innovation and technology, integrating modern solutions into the urban experience to meet the evolving needs of the community. Overall, the organization serves as a catalyst for growth, development, and engagement in the heart of Dallas, making a lasting impact on its urban landscape and the quality of life for those who live, work, and visit the area.
This information is meant to be a general summary of Downtown Dallas 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: $381,599
- Program Service Revenue: $11,960,918
- Gross Receipts: $12,452,331
Assets and Liabilities:
- Total Assets: $11,334,217
- Total Liabilities: $4,639,574
- Net Assets: $6,694,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL MEETING/FALL FORUM
Revenue
$399,635
MEMBERSHIP DUES
Revenue
$1,244,650
PID ASSESSMENTS
Revenue
$10,316,633
Organization Details
Founding Year
1956
Principal Officer
Jennifer Scripps
Website
www.downtowndallas.comNTEE Category
Code: S31 - Community improvement
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