Overview
What is Downtown Moorhead Inc?
Downtown Moorhead Inc is a nonprofit organization based in Moorhead, Minnesota, dedicated to fostering economic growth and business development in the downtown area. With a focus on policy development, advocacy, and program management, they work in collaboration with stakeholders, investors, and public and private-sector partners to drive positive change. Their recent accomplishments include the approval of the 2022 Onward Moorhead Comprehensive Plan, unveiling of downtown redevelopment plans, and a call for community input to create a more inviting downtown. In the near future, residents and visitors can look forward to various exciting experiences such as Mary's Light Tunnel, Sculpture Walk, and a new community center. The organization's efforts also include funding for a community center and public library, adaptive reuse of historic buildings, and natural playgrounds.
Official website here: www.dtmoorhead.org
Is Downtown Moorhead Inc legitimate?
Downtown Moorhead Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Moorhead 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: $164,624
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dtmoorhead.org
What is the mission statement of Downtown Moorhead Inc?
Downtown Moorhead Inc, a private, non-profit organization, is committed to fostering economic growth and promoting business development in its downtown area. They achieve this goal by engaging in policy development, advocacy, and program management on behalf of their stakeholders and investors. The organization collaborates with public and private-sector partners to achieve these objectives, aiming to enhance the overall well-being of the downtown community.
Official website here: www.dtmoorhead.org
Who is the CEO of Downtown Moorhead Inc?
Derrick Lapoint is the Director of Downtown Moorhead Inc. The CEO's salary of Downtown Moorhead Inc is $154,000 and their total compensation is $162,654.
Official website here: www.dtmoorhead.org
What is the revenue of Downtown Moorhead Inc?
Downtown Moorhead Inc's revenue in 2022 was $228,500.
Official website here: www.dtmoorhead.org
Who are the executives of Downtown Moorhead Inc and what are their salaries?
The average compensation at Downtown Moorhead Inc during 2022 was $164,624. There is 1 employee at Downtown Moorhead Inc.
Here are 15 key members and their salaries (Downtown Moorhead Inc's CEO's salary is $154,000 and their total compensation is $162,654):
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- Compensation: $154,000
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Official website here: www.dtmoorhead.org
Where can I find the form 990 for Downtown Moorhead Inc?
Downtown Moorhead Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dtmoorhead.org
Learn more at the official website: www.dtmoorhead.org
Mission Statement of Downtown Moorhead Inc
Downtown Moorhead Incorporated is a private, non-profit organization committed to fostering beneficial economic growth and business development in Downtown Moorhead. They achieve this goal through various functions, including policy development, advocacy, and program management. These activities are carried out on behalf of downtown stakeholders and investors, collaborating with both public and private-sector partners. Their mission is to enhance the economic vitality of Downtown Moorhead, ultimately contributing to its overall prosperity.
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Impact
October, 2024
Downtown Moorhead Inc plays a vital role in shaping the economic landscape and community engagement of Downtown Moorhead. Through strategic policy development, advocacy, and program management, it fosters beneficial economic growth and supports business development in the area.
Recent initiatives demonstrate a commitment to revitalization, evident in the approval of the 2022 Onward Moorhead! Comprehensive Plan, which sets the direction for future development. The unveiling of Downtown Moorhead redevelopment plans signals significant opportunities for transformation, while the upcoming community center and public library, funded by a local option sales tax, underscores an investment in community infrastructure.
Downtown Moorhead Inc promotes placemaking efforts that turn urban spaces into vibrant gathering places, enriching the community experience. Events like Greater Moorhead Days, Frostival, River Arts, and the Farmers Market have become staples, attracting residents and visitors alike. The activation call for community ideas not only brings innovation to urban planning but also encourages local ownership of the space, fostering a sense of pride among residents.
Looking ahead, the incorporation of unique projects such as Mary’s Light Tunnel and the Rourke's Sculpture Walk adds character and creativity to the downtown area. These efforts not only enhance the aesthetic appeal but also create opportunities for community interaction and engagement. The adaptive reuse of historic buildings and the development of new housing options, like the Compass Apartments, exemplify a forward-thinking approach to urban living.
Overall, the impact of Downtown Moorhead Inc can be seen in its ability to catalyze economic growth, create vibrant community spaces, and foster a culture of collaboration among stakeholders, ensuring a promising future for Downtown Moorhead.
This information is meant to be a general summary of Downtown Moorhead 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.
- Program Service Revenue: $130,000
- Gross Receipts: $228,500
Assets and Liabilities:
- Total Assets: $172,882
- Total Liabilities: $11,142
- Net Assets: $161,740
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$130,000
Organization Details
Founding Year
2019
Phone
(218) 443-1361Principal Officer
Derrick Lapoint
Main Address
200 5TH STREET S STE 203, MOORHEAD, MN, 56560
Website
www.dtmoorhead.orgNTEE Category
Code: S41 - Community improvement
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