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Sidney Tourism Business Improvement District Inc

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

EIN: 814685424 ✦ Sidney, MT ✦ Designated as a 501(c)(3)

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Overview

What is Sidney Tourism Business Improvement District Inc?

Sidney Tourism Business Improvement District Inc, situated in Sidney, Montana, is a nonprofit organization dedicated to enhancing the city's economic and residential vitality. They achieve this through strategic partnerships and promoting Sidney as a year-round tourist, convention, and event destination. Their mission is to boost the city's appeal, attracting visitors and events throughout all seasons, thereby contributing to a thriving local economy and community.


Official website here: www.sidneytbid.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Sidney Tourism Business Improvement District Inc has received a Three-Star rating from Charity Navigator, with an overall score of 76%. This rating reflects its strong performance in accountability and finance, which is crucial for potential donors assessing the organization’s financial health and transparency. The score is derived entirely from the Accountability & Finance beacon, emphasizing the importance of sound financial practices in nonprofit operations.

The organization displays notable strengths, including a fully independent board comprised of five members and a commendable program expense ratio of 86.21%, indicating that a significant portion of its funding is directed towards its programs. Additionally, there are no reported material diversions of assets, and the organization maintains thorough documentation of board meeting minutes. However, the absence of policies for conflict of interest and whistleblower protection, along with document retention practices, suggests areas for improvement in governance and compliance.

While Sidney Tourism Business Improvement District Inc shows a solid foundation in financial accountability, the missing policies highlight potential risks in governance practices. Strengthening these areas could enhance overall organizational integrity and foster greater trust from stakeholders. Overall, the organization demonstrates effective financial management but would benefit from enhancing its governance framework.


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

Is Sidney Tourism Business Improvement District Inc legitimate?

Sidney Tourism Business Improvement District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sidney Tourism Business Improvement District 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sidneytbid.org

What is the mission statement of Sidney Tourism Business Improvement District Inc?

The Sidney Tourism Business Improvement District (TBID) aims to enhance the economic and residential vitality of a specific town, promoting it as a year-round visitor, convention, and event destination. They accomplish this goal through strategic partnerships, working to elevate the town's profile and attract tourists throughout the year. The organization's activities are focused on positioning the town as a desirable destination for various events and conventions, ultimately contributing to its overall growth and development.


Official website here: www.sidneytbid.org

Who is the CEO of Sidney Tourism Business Improvement District Inc?

Cori Crowe is the President of Sidney Tourism Business Improvement District Inc.


Official website here: www.sidneytbid.org

What is the revenue of Sidney Tourism Business Improvement District Inc?

Sidney Tourism Business Improvement District Inc's revenue in 2022 was $165,608.


Official website here: www.sidneytbid.org

Who are the executives of Sidney Tourism Business Improvement District Inc and what are their salaries?


Here are 5 key members and their salaries:


Cori Crowe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaimie Dishon (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kariann Mejia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Shwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Walter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sidneytbid.org

Where can I find the form 990 for Sidney Tourism Business Improvement District Inc?

Sidney Tourism Business Improvement District Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sidneytbid.org

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

Mission Statement of Sidney Tourism Business Improvement District Inc

Sidney Tourism Business Improvement District, also known as TBID, is an organization dedicated to enhancing the economic and residential vitality of its unspecified location. Its primary mission lies in promoting the area as a year-round visitor, convention, and event destination. By forging partnerships, TBID aims to position the location as an attractive and engaging destination for tourists, conventions, and events. The ultimate goal is to stimulate economic growth and improve the overall quality of life for the local community.

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Impact




October, 2024

Sidney Tourism Business Improvement District Inc plays a crucial role in enhancing both the economic and residential vitality of Sidney, Montana. By promoting the area as a year-round destination for visitors, conventions, and events, it effectively attracts tourists and stimulates local businesses.

Through strategic partnerships, the organization fosters an environment that encourages community engagement and vitality. This focus not only helps to increase foot traffic to local establishments but also enhances the overall quality of life for residents by creating a dynamic atmosphere enriched by events and activities.

The commitment to promoting Sidney as a key destination position enhances its visibility and appeal, driving economic growth and development within the region. By championing community improvement initiatives, Sidney Tourism Business Improvement District Inc significantly contributes to the longevity and sustainability of local businesses and the community as a whole.




This information is meant to be a general summary of Sidney Tourism Business Improvement District 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
$165,608 (2022)
Expenses
$97,534 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,173
  • Program Service Revenue: $164,435
  • Gross Receipts: $165,608

Assets and Liabilities:

  • Total Assets: $205,465
  • Total Liabilities: $0
  • Net Assets: $205,465

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TBID ASSESSMENT

Revenue

$164,435

Organization Details

Founding Year

2016

Principal Officer

Cori Crowe

Main Address

909 S CENTRAL AVE, SIDNEY, MT, 59270

NTEE Category

Code: S20 - Community improvement

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