Overview
What is Downtown Fort Worth Inc?
Downtown Fort Worth Inc, based in Fort Worth, Texas, is a nonprofit organization with a mission to enhance the civic, social, and general welfare of the city. Established with the aim of promoting better business and living conditions in the downtown area, the organization plays a pivotal role in fostering development. The specific focus areas include residential density and development, providing free public parking, preserving historic buildings, improving streetscapes, and upgrading public infrastructure. With a dedicated workforce of 10 individuals, Downtown Fort Worth Inc is committed to driving growth and development within its urban core.
Official website here: www.dfwi.org
Is Downtown Fort Worth Inc legitimate?
Downtown Fort Worth Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Fort Worth 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: $997,594
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,372
For more financial information, click here
Official website here: www.dfwi.org
What is the mission statement of Downtown Fort Worth Inc?
Downtown Fort Worth Inc was established with the mission to enhance the civic, social, and general welfare of a city, in this case, Fort Worth. They achieve this by promoting better business and living conditions in the downtown area. The organization's activities are centered around fostering a vibrant and thriving downtown environment. One of their focuses is the establishment of a Tax Increment Financing District (TIF), which aims to support downtown development by prioritizing areas such as residential density, historic building preservation, and public infrastructure improvements.
Official website here: www.dfwi.org
Who is the CEO of Downtown Fort Worth Inc?
Andrew Taft is the Director of Downtown Fort Worth Inc.
Official website here: www.dfwi.org
What is the revenue of Downtown Fort Worth Inc?
Downtown Fort Worth Inc's revenue in 2022 was $4,903,912.
Official website here: www.dfwi.org
Who are the executives of Downtown Fort Worth Inc and what are their salaries?
The average compensation at Downtown Fort Worth Inc during 2022 was $115,297. There are 10 employees and 83 volunteers at Downtown Fort Worth Inc.
Here are 71 key members and their salaries:
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- Compensation: $384,215
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Official website here: www.dfwi.org
Where can I find the form 990 for Downtown Fort Worth Inc?
Downtown Fort Worth Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dfwi.org
Learn more at the official website: www.dfwi.org
Mission Statement of Downtown Fort Worth Inc
Downtown Fort Worth Inc, established with a mission, aims to enhance the civic, social, and general welfare of the city of Fort Worth. This nonprofit organization accomplishes this by promoting better business and living conditions within downtown Fort Worth. By fostering and encouraging these improvements, Downtown Fort Worth Inc seeks to uplift the overall well-being of the city.
The organization's mission is further demonstrated through its involvement in the Downtown Tax Increment Financing District. This district was established to support downtown development, focusing on various areas such as residential density and development, free public parking, historic building preservation, streetscape, and public infrastructure improvements. By addressing these key aspects, Downtown Fort Worth Inc contributes to the revitalization and enhancement of downtown Fort Worth, ultimately benefiting the city as a whole.
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Impact
October, 2024
Downtown Fort Worth Inc plays a crucial role in enhancing the civic, social, and economic fabric of Fort Worth. By focusing on initiatives that promote better business and living conditions, the organization fosters vibrant community interactions and supports the overall welfare of the area.
One of its significant impacts is through the establishment of the Downtown Tax Increment Financing District, which is designed to stimulate downtown development. This district emphasizes residential density and development, ensuring that more people can live and thrive in the downtown area. The focus on free public parking facilitates easier access to businesses, encouraging a bustling economic environment.
Moreover, Downtown Fort Worth Inc is dedicated to preserving the historic character of the city by focusing on historic building preservation. This commitment not only protects the cultural heritage but also enhances the aesthetic appeal of the downtown area.
Investments in streetscape and public infrastructure improvements further contribute to a more enjoyable and accessible urban environment. By creating safe and attractive public spaces, Downtown Fort Worth Inc enhances the quality of life for residents and visitors alike, making the downtown area a desirable place to live, work, and explore.
Overall, the impact of Downtown Fort Worth Inc is evident through its comprehensive approach to community improvement, fostering a dynamic downtown that supports economic growth while enriching the community's social and civic life.
This information is meant to be a general summary of Downtown Fort Worth 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 2022.
- Investment Income: $56
- Program Service Revenue: $4,450,101
- Gross Receipts: $5,022,196
Assets and Liabilities:
- Total Assets: $1,918,357
- Total Liabilities: $1,237,608
- Net Assets: $680,749
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PID #1
Revenue
$3,065,211
TIF DISTRICT #3
Revenue
$614,117
MEMBERSHIP DUES
Revenue
$390,000
LUNCHEONS
Revenue
$149,650
STRATEGIC ACTION PLAN
Revenue
$149,203
Organization Details
Founding Year
1981
Phone
(817) 870-1692Principal Officer
Andrew Taft
Main Address
777 TAYLOR STREET 100, FORT WORTH, TX, 76102
Website
www.dfwi.orgNTEE Category
Code: S31 - Community improvement
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