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Downtown Troy Business Improvement District Foundation Inc

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

EIN: 812946188 ✦ Troy, NY ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Troy Business Improvement District Foundation Inc?

The Downtown Troy Business Improvement District Foundation Inc is a nonprofit organization that actively supports and stimulates the Downtown Troy Business Improvement District. Their primary role involves fundraising for various initiatives, such as annual sponsorships, advertising agreements, project-based funding, and event sponsorships, all in the name of advancing the district. Through these efforts, they contribute to the promotion of events in the area, enhancing its overall appeal and vitality.


Official website here: www.downtowntroy.org/foundation

Is Downtown Troy Business Improvement District Foundation Inc legitimate?

Downtown Troy Business Improvement District Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Troy Business Improvement District Foundation Inc submitted a form 990EZ, 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.


Official website here: www.downtowntroy.org/foundation

What is the mission statement of Downtown Troy Business Improvement District Foundation Inc?

The Downtown Troy Business Improvement District Foundation Inc serves to stimulate the Downtown Troy Business Improvement District and encourages community events through charitable contributions. The foundation's role encompasses managing various fundraising initiatives, such as annual sponsorships, advertising agreements, project-based financing, and event sponsorships, all on behalf of the district. In essence, the foundation's mission is to foster the growth and development of the business district by raising funds and supporting events.


Official website here: www.downtowntroy.org/foundation

Who is the CEO of Downtown Troy Business Improvement District Foundation Inc?

Unavailable


Official website here: www.downtowntroy.org/foundation

What is the revenue of Downtown Troy Business Improvement District Foundation Inc?

Downtown Troy Business Improvement District Foundation Inc's revenue in 2022 was $35,000.


Official website here: www.downtowntroy.org/foundation

Who are the executives of Downtown Troy Business Improvement District Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Jody Brooks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Fagan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Magur (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Groff (Baord Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Guyton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Sheehan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Tranvaag (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtowntroy.org/foundation

Where can I find the form 990EZ for Downtown Troy Business Improvement District Foundation Inc?

Downtown Troy Business Improvement District Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.downtowntroy.org/foundation

Learn more at the official website: www.downtowntroy.org/foundation

Mission Statement of Downtown Troy Business Improvement District Foundation Inc

The Downtown Troy Business Improvement District Foundation, Inc. plays a significant role in fostering the growth of the Downtown Troy Business Improvement District. Acting as a charitable entity, the Foundation drives funding initiatives, including annual sponsorships, advertising agreements, project-based financing, and event sponsorships. By doing so, the Foundation supports the district in its mission to promote events and development within the business district.

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Impact




August, 2024

The impact of the Downtown Troy Business Improvement District Foundation Inc is significant in catalyzing the growth and development of Downtown Troy. Through its fundraising initiatives, the Foundation is able to support the Downtown Troy Business Improvement District and promote various events through charitable donations. This support enables the district to enhance its community improvement efforts, attract visitors, and create a vibrant atmosphere for both residents and businesses in Troy, NY. Overall, the Foundation plays a key role in driving economic growth and revitalization in Downtown Troy.




This information is meant to be a general summary of Downtown Troy Business Improvement District Foundation 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
$35,000 (2022)
Expenses
$34,805 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $35,000

Assets and Liabilities:

  • Total Assets: $43,162
  • Total Liabilities: $33,336
  • Net Assets: $9,826

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Organization Details

Main Address

102 THIRD STREET, TROY, NY, 12180

NTEE Category

Code: S20 - Community improvement

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