Overview
What is Downtown Denville B I D A New Jersey Nonprofit Corporation?
Downtown Denville B I D A New Jersey Nonprofit Corporation is a charitable organization based in Denville, New Jersey, specifically at 65 Broadway, ZIP code 07834. Its primary mission is to foster economic revitalization and promote the general welfare within the Business Improvement District (BID) and the wider Township of Denville. Serving as the district management corporation, it was established in accordance with New Jersey state legislation, as per the Denville Business Improvement District Ordinance adopted by the Municipal Council of Denville. The organization, with a team of two dedicated individuals, works towards enhancing the economic vitality of the Downtown Denville BID, thereby contributing positively to the community's overall well-being.
Official website here: www.downtowndenville.com
Is Downtown Denville B I D A New Jersey Nonprofit Corporation legitimate?
Downtown Denville B I D A New Jersey Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Denville B I D A New Jersey Nonprofit Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,920
For more financial information, click here
Official website here: www.downtowndenville.com
What is the mission statement of Downtown Denville B I D A New Jersey Nonprofit Corporation?
The Downtown Denville B I D A New Jersey Nonprofit Corporation serves as the district management corporation for the Denville Downtown Business Improvement District, as established by the municipal council of the Township of Denville. Its mission is to foster the economic revitalization and general welfare of the business improvement district and the township of Denville, in accordance with New Jersey state laws. The corporation's role is to oversee and manage the initiatives and activities aimed at enhancing the economic and social well-being of the district, ultimately contributing to the overall development and growth of the area.
Official website here: www.downtowndenville.com
Who is the CEO of Downtown Denville B I D A New Jersey Nonprofit Corporation?
Thomas Dean is the Chairman of Downtown Denville B I D A New Jersey Nonprofit Corporation.
Official website here: www.downtowndenville.com
What is the revenue of Downtown Denville B I D A New Jersey Nonprofit Corporation?
Downtown Denville B I D A New Jersey Nonprofit Corporation's revenue in 2022 was $221,913.
Official website here: www.downtowndenville.com
Who are the executives of Downtown Denville B I D A New Jersey Nonprofit Corporation and what are their salaries?
The average compensation at Downtown Denville B I D A New Jersey Nonprofit Corporation during 2022 was $31,960. There are 2 employees at Downtown Denville B I D A New Jersey Nonprofit Corporation.
Here are 8 key members and their salaries:
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Official website here: www.downtowndenville.com
Where can I find the form 990 for Downtown Denville B I D A New Jersey Nonprofit Corporation?
Downtown Denville B I D A New Jersey Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtowndenville.com
Learn more at the official website: www.downtowndenville.com
Mission Statement of Downtown Denville B I D A New Jersey Nonprofit Corporation
Downtown Denville B I D A New Jersey Nonprofit Corporation, established under N.J.S.A. 40:56-65 et seq., serves as the district management corporation for the Denville Downtown Business Improvement District. Its primary mission is to oversee the economic revitalization and general welfare of this business improvement district, as well as the surrounding township of Denville. The corporation aims to foster a thriving and prosperous business environment within the district, ultimately contributing to the overall well-being of the community. By working in close collaboration with local businesses, Downtown Denville B I D A Nonprofit Corporation aims to create a vibrant and attractive downtown area, thereby attracting more visitors and businesses to the district.
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Impact
October, 2024
Downtown Denville B I D plays a crucial role in fostering economic revitalization within the Denville Downtown Business Improvement District. By functioning as the district management corporation, it promotes strategic initiatives aimed at enhancing the overall welfare of local businesses and the community.
The organization's collaborative efforts contribute to a vibrant downtown atmosphere, attracting visitors and residents alike. By implementing programs and events that emphasize local commerce, it encourages shopping and dining within the district, which in turn stimulates economic growth and helps create a thriving local economy.
Moreover, Downtown Denville B I D acts as a catalyst for community improvement, working to beautify public spaces and enhance the overall appeal of the area. These efforts not only benefit local businesses but also improve the quality of life for residents, fostering a sense of community pride and engagement.
In summary, Downtown Denville B I D is instrumental in driving economic development and community enhancement, ensuring that Denville remains a desirable place for both business and leisure.
This information is meant to be a general summary of Downtown Denville B I D A New Jersey Nonprofit Corporation. 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: $6
- Gross Receipts: $221,913
Assets and Liabilities:
- Total Assets: $51,135
- Total Liabilities: $7,846
- Net Assets: $43,289
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Organization Details
Founding Year
2016
Phone
(973) 886-9624Principal Officer
Thomas Dean
Main Address
65 BROADWAY, DENVILLE, NJ, 07834
Website
www.downtowndenville.comNTEE Category
Code: S30 - Community improvement
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