Downtown Denver Partnership Inc

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

EIN: 841222797 ✦ Denver, CO ✦ Designated as a 501(c)(6)

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Overview

What is Downtown Denver Partnership Inc?

Downtown Denver Partnership Inc is a renowned nonprofit organization situated in Denver, Colorado. With a team of 46 dedicated individuals, its primary mission is to strategically shape and manage Downtown Denver as a distinctive, diverse, lively, and economically prosperous urban hub within the Rocky Mountain region. The organization's operational scope encompasses Downtown Denver Inc., Denver Civic Ventures, and Downtown Denver Events, all of which are combined in their financial statements. While the specifics of their activities are detailed in their Form 990, Part III, Line 1, their overall goal is to foster a thriving downtown community.


Official website here: www.downtowndenver.com

Is Downtown Denver Partnership Inc legitimate?

Downtown Denver Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Denver Partnership 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: $937,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,256,092

For more financial information, click here


Official website here: www.downtowndenver.com

What is the mission statement of Downtown Denver Partnership Inc?

The Downtown Denver Partnership Inc. focuses on strategically planning, managing, and developing Downtown Denver as a unique, diverse, lively, and economically prosperous urban center within the Rocky Mountain region. The organization's primary objective is to nurture Downtown Denver into an economically healthy urban core, enhancing its distinctiveness and vibrancy. The Partnership supports the operations of Downtown Denver Inc., Denver Civic Ventures, and Downtown Denver Events, which are consolidated in their financial statements.


Official website here: www.downtowndenver.com

What is the revenue of Downtown Denver Partnership Inc?

Downtown Denver Partnership Inc's revenue in 2024 was $3,938,572.


Official website here: www.downtowndenver.com

Who are the executives of Downtown Denver Partnership Inc and what are their salaries?

The average compensation at Downtown Denver Partnership Inc during 2024 was $44,764. There are 49 employees and 43 volunteers at Downtown Denver Partnership Inc.

Here are 25 key members and their salaries:


Kourtny Garrett (President &)
  • Compensation: $556,759
  • Related: $0
  • Other: $33,969
Matthew Karnes (Cfo)
  • Compensation: $217,073
  • Related: $0
  • Other: $8,416
Kate Barton (Chief Ext. A)
  • Compensation: $270,135
  • Related: $0
  • Other: $29,218
Sharon Alton (Svp Dwtwn Ex)
  • Compensation: $197,831
  • Related: $0
  • Other: $18,235
Beth Moyski (Svp Dwtwn En)
  • Compensation: $193,453
  • Related: $0
  • Other: $25,270
Andrew Iltis (Vp, Planning)
  • Compensation: $156,679
  • Related: $0
  • Other: $21,875
Sarah Wiebenson (Vp, Economic)
  • Compensation: $131,172
  • Related: $0
  • Other: $16,513
Dorit Fischer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Salomon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Washington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albus Brooks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sternberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Mchenry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Kucera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Hansen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Traci Lounsbury (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Tucker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Cara (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hollie Velasquez-Horvath (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kelley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Lohmeyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhys Duggan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Buerge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raju Patel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtowndenver.com

Where can I find the form 990 for Downtown Denver Partnership Inc?

Downtown Denver Partnership Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.downtowndenver.com

Learn more at the official website: www.downtowndenver.com

Mission Statement of Downtown Denver Partnership Inc

Downtown Denver Partnership Inc, as per its mission statement, focuses on creatively planning, managing, and developing Downtown Denver as a unique, diverse, vibrant, and economically healthy urban core within the Rocky Mountain region. The organization's primary aim is to transform the downtown area into a thriving and dynamic center that showcases its distinct character and fosters economic growth. It accomplishes this by supporting the operations of various entities such as Downtown Denver Inc., Denver Civic Ventures, and Downtown Denver Events, all of which are consolidated in the financial statements. In essence, Downtown Denver Partnership Inc acts as a catalyst for the revitalization and enhancement of Downtown Denver, aiming to make it a thriving and prosperous urban hub.

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Impact




October, 2024

Downtown Denver Partnership Inc plays a crucial role in shaping the economic and cultural landscape of Denver's urban core. By supporting various initiatives, it focuses on the creative planning, management, and development of downtown Denver, ensuring it remains a unique, diverse, and vibrant place to live, work, and play.

Through its collaboration with Downtown Denver Inc., Denver Civic Ventures, and various events, the Partnership enhances community engagement and fosters economic health in the Rocky Mountain region. Its efforts contribute to community improvement, making downtown a dynamic hub that attracts residents, businesses, and visitors alike. This impact is reflected in a thriving urban environment characterized by a strong sense of place and civic pride.




This information is meant to be a general summary of Downtown Denver Partnership 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
$3,938,572 (2024)
Expenses
$3,325,652 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $76,089
  • Program Service Revenue: $3,188,644
  • Gross Receipts: $3,938,572

Assets and Liabilities:

  • Total Assets: -$8,243,226
  • Total Liabilities: $1,226,202
  • Net Assets: -$9,469,428

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Programs

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

CONTRACTS

Revenue

$1,730,832

MEMBERSHIP DUES

Revenue

$909,427

EARNED REVENUE

Revenue

$548,385

Organization Details

Founding Year

1992

Principal Officer

Kourtny Garrett

NTEE Category

Code: S31 - Community improvement

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