Overview
What is Downtown Reno Business Improvement District?
The Downtown Reno Business Improvement District, officially known as the Downtown Reno Partnership, is a nonprofit organization situated in Reno, Nevada, at 40 E 4th Street Pavilion A. Their primary mission is to boost and promote the economic prosperity of downtown Reno. They accomplish this by managing and implementing various programs, activities, and contracts. A significant aspect of their work involves ensuring safety and security, supporting local law enforcement in crime prevention efforts, and addressing homelessness concerns through outreach programs. The organization's workforce consists of six dedicated individuals, contributing to the betterment of downtown Reno's economy.
Official website here: www.downtownreno.org
Is Downtown Reno Business Improvement District legitimate?
Downtown Reno Business Improvement District is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Reno Business Improvement District 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: $212,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,680
For more financial information, click here
Official website here: www.downtownreno.org
What is the mission statement of Downtown Reno Business Improvement District?
The Downtown Reno Business Improvement District is dedicated to enhancing and advocating for the economic prosperity of its respective area. They accomplish this by managing and implementing various programs, activities, and contracts. One of their key focuses is ensuring safety and security, which involves supporting local law enforcement in crime prevention efforts and addressing homelessness concerns. Additionally, they contribute to property owner security and outreach programs for the homeless population.
Official website here: www.downtownreno.org
Who is the CEO of Downtown Reno Business Improvement District?
Chris Shanks is the Vice Chair of Downtown Reno Business Improvement District.
Official website here: www.downtownreno.org
What is the revenue of Downtown Reno Business Improvement District?
Downtown Reno Business Improvement District's revenue in 2022 was $2,994,626.
Official website here: www.downtownreno.org
Who are the executives of Downtown Reno Business Improvement District and what are their salaries?
The average compensation at Downtown Reno Business Improvement District during 2022 was $65,779. There are 6 employees at Downtown Reno Business Improvement District.
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- Compensation: $176,813
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- Other: $20,247
Official website here: www.downtownreno.org
Where can I find the form 990 for Downtown Reno Business Improvement District?
Downtown Reno Business Improvement District's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownreno.org
Learn more at the official website: www.downtownreno.org
Mission Statement of Downtown Reno Business Improvement District
The Downtown Reno Business Improvement District, in its mission, strives to enhance and promote the economic prosperity of the downtown area. It accomplishes this by managing and implementing various programs, activities, and contracts. The organization's primary goal is to improve the economic well-being of the downtown sector, contributing positively to its overall development.
In pursuit of its mission, the Downtown Reno Business Improvement District focuses on two key areas: safety and security. It implements security programs that strengthen the cooperative efforts between the police force and property owners in preventing crimes. Additionally, the organization engages in homeless outreach initiatives, aiming to address the complex issues associated with homelessness in a sensitive and effective manner. By focusing on these aspects, the Downtown Reno Business Improvement District works tirelessly to create a safe and thriving environment for businesses and residents alike.
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Impact
October, 2024
The Downtown Reno Business Improvement District plays a crucial role in enhancing the economic vitality of the downtown area. By managing and implementing targeted programs, it focuses on improving the overall environment, which in turn attracts businesses and visitors, fostering economic growth.
One of its key initiatives includes safety and security programs that support local law enforcement and aid property owners in crime prevention efforts. This commitment to creating a safe and welcoming atmosphere not only enhances the quality of life for residents but also encourages tourists and potential investors to explore opportunities in Downtown Reno.
Furthermore, the district promotes collaboration among businesses, helping to boost local commerce and community engagement. By addressing challenges faced by the downtown area, it strives to create a vibrant urban space that benefits all stakeholders involved. Overall, the impact of the Downtown Reno Business Improvement District is evident in the revitalization of downtown, improved safety, and increased economic activity.
This information is meant to be a general summary of Downtown Reno Business Improvement District. 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: $1,097
- Program Service Revenue: $2,892,904
- Gross Receipts: $2,994,626
Assets and Liabilities:
- Total Assets: $993,640
- Total Liabilities: $322,673
- Net Assets: $670,967
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISTRICT COLLECTIONS
Revenue
$1,584,292
SUPPLEMENTAL POLICE SE
Revenue
$810,000
SUPPLEMENTAL MAINTENAN
Revenue
$403,174
AMBASSADOR SERVICES
Revenue
$95,438
Organization Details
Founding Year
2017
Phone
(775) 432-0772Principal Officer
Chris Shanks
Main Address
40 E 4TH STREET PAVILION A, RENO, NV, 89501
Website
www.downtownreno.orgNTEE Category
Code: S41 - Community improvement
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