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Central Fulton Street District Management Association Inc

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

EIN: 800356502 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Central Fulton Street District Management Association Inc?

Central Fulton Street District Management Association Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 1043 Fulton St. Their primary objective is to enhance the overall welfare of businesses and residents in the Central Fulton Street area. They accomplish this by offering supplemental safety, sanitation, marketing, and promotional services. The aim is to stimulate economic growth among businesses within the Business Improvement District (BID), while simultaneously improving neighborhood conditions and the business environment. By providing these essential services, the association aims to contribute positively to the community and foster a thriving business environment.


Official website here: www.faballiance.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star rating.

The Central Fulton Street District Management Association Inc has earned a strong 92% rating from Charity Navigator, reflecting its solid performance in accountability and finance. This high score indicates that the organization has robust financial practices and transparency, which is crucial for donor trust and effective resource management.

One of the key strengths of the organization is its completely independent board, comprising 29 members. This independence, coupled with thorough financial oversight as evidenced by a perfect score in audit and committee practices, enhances the organization's integrity. Furthermore, the organization has established comprehensive policies, including conflict of interest and whistleblower protections, demonstrating its commitment to ethical governance.

However, while the financial metrics are impressive, with a program expense ratio of 77.56%, which indicates a significant portion of funds is directed towards its programs, there are no noted limitations in the data provided. Overall, this nonprofit appears to be well-managed and dedicated to its mission, making it a viable option for potential donors.


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

Is Central Fulton Street District Management Association Inc legitimate?

Central Fulton Street District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Fulton Street District Management Association 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: $86,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,593

For more financial information, click here


Official website here: www.faballiance.org

What is the mission statement of Central Fulton Street District Management Association Inc?

The Central Fulton Street District Management Association Inc is committed to fostering the economic growth and well-being of businesses within its Business Improvement District. This is achieved by providing supplemental safety, sanitation, marketing, and promotional services to enhance the neighborhood conditions and business environment. The aim is to improve the overall welfare of businesses and the community in the Central Fulton Street area. By offering supplemental security, graffiti removal, and promotional services, the organization seeks to boost the local economy and create a more appealing and safe environment for both businesses and residents.


Official website here: www.faballiance.org

Who is the CEO of Central Fulton Street District Management Association Inc?

Anthonie Marshall is the Treasurer of Central Fulton Street District Management Association Inc.


Official website here: www.faballiance.org

What is the revenue of Central Fulton Street District Management Association Inc?

Central Fulton Street District Management Association Inc's revenue in 2023 was $704,080.


Official website here: www.faballiance.org

Who are the executives of Central Fulton Street District Management Association Inc and what are their salaries?


Here are 5 key members and their salaries:


Angie Brown (Executive Dir.)
  • Compensation: $86,780
  • Related: $0
  • Other: $0
Claudette Macey (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Bagnulo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Nager (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthonie Marshall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.faballiance.org

Where can I find the form 990 for Central Fulton Street District Management Association Inc?

Central Fulton Street District Management Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.faballiance.org

Learn more at the official website: www.faballiance.org

Mission Statement of Central Fulton Street District Management Association Inc

Central Fulton Street District Management Association Inc is dedicated to fostering the economic growth and well-being of businesses within its Business Improvement District. The organization achieves this goal by providing supplemental safety, sanitation, marketing, and promotional services to enhance the neighborhood's conditions and business environment. By doing so, Central Fulton Street District Management Association Inc aims to contribute to the general welfare of both businesses and people in the Central Fulton Street area. In essence, their mission is to improve the overall appeal and functionality of the district, thereby attracting and retaining businesses and creating a more enjoyable environment for the community.

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Impact




July, 2024

Central Fulton Street District Management Association Inc's impact is significant in improving neighborhood conditions and the business environment in the Central Fulton Street area of Brooklyn, NY. By providing supplemental security, sanitation, graffiti removal, marketing, and promotional services, the organization actively contributes to the economic growth and well-being of businesses in the business improvement district. Through their efforts, they help to promote the general welfare of businesses and residents in the area, ultimately enhancing the overall community improvement.




This information is meant to be a general summary of Central Fulton Street District Management Association 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.

Revenue
$704,080 (2023)
Expenses
$593,558 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,011
  • Gross Receipts: $704,080

Assets and Liabilities:

  • Total Assets: $551,123
  • Total Liabilities: $192,565
  • Net Assets: $358,558

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Organization Details

Founding Year

2009

Principal Officer

Anthonie Marshall

Main Address

1043 Fulton St, Brooklyn, NY, 11238

NTEE Category

Code: S20 - Community improvement

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