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Chestnut Hill Business Improvement Distr

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

EIN: 841629688 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Chestnut Hill Business Improvement Distr?

Chestnut Hill Business Improvement District, abbreviated as CHBID, is a nonprofit organization situated at 8514 Germantown Avenue, Philadelphia, Pennsylvania. Their primary mission is to foster economic growth and overall improvement within the commercial district. This is achieved through various initiatives, such as tree lighting, signage enhancement, and street maintenance, all aimed at revitalizing the business area. CHBID plays a significant role in promoting the well-being and prosperity of the commercial sector in the region.

Is Chestnut Hill Business Improvement Distr legitimate?

Chestnut Hill Business Improvement Distr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chestnut Hill Business Improvement Distr 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: $22,125

For more financial information, click here

What is the mission statement of Chestnut Hill Business Improvement Distr?

The Chestnut Hill Business Improvement District has a mission to improve the economic vitality and overall well-being of its commercial area. This is achieved by formulating, promoting, and implementing various strategies, such as organizing tree lighting events, enhancing signage, and maintaining the streets. The primary goal is to stimulate economic growth and enhance the overall appeal of the commercial district.

Who is the CEO of Chestnut Hill Business Improvement Distr?

Courtney O'Neill is the Executive Dir. of Chestnut Hill Business Improvement Distr.

What is the revenue of Chestnut Hill Business Improvement Distr?

Chestnut Hill Business Improvement Distr's revenue in 2022 was $396,504.

Who are the executives of Chestnut Hill Business Improvement Distr and what are their salaries?


Here are 2 key members and their salaries:


Courtney O'Neill (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irma Fralig (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chestnut Hill Business Improvement Distr?

Chestnut Hill Business Improvement Distr's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chestnut Hill Business Improvement Distr

The Chestnut Hill Business Improvement District, in its mission, strives to enhance the economic vitality and overall well-being of its commercial area. This is accomplished through various strategic initiatives, such as organizing tree lighting events, implementing attractive signage, and ensuring regular street maintenance. By executing these activities, the Chestnut Hill Business Improvement District aims to foster a vibrant and inviting commercial environment, thereby contributing to the overall prosperity of the area.

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Impact




October, 2024

The Chestnut Hill Business Improvement District significantly enhances the economic vitality and overall appeal of the Chestnut Hill commercial area in Philadelphia. Through initiatives such as tree lighting, signage, and street maintenance, it fosters a welcoming and attractive environment for both residents and visitors. This focus on aesthetics and functionality contributes to increased foot traffic, supporting local businesses and stimulating economic growth. By promoting a vibrant community space, the Chestnut Hill Business Improvement District plays a crucial role in the area's ongoing revitalization and ensures its ongoing viability as a commercial hub.




This information is meant to be a general summary of Chestnut Hill Business Improvement Distr. 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
$396,504 (2022)
Expenses
$301,982 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $543
  • Program Service Revenue: $9,316
  • Gross Receipts: $396,504

Assets and Liabilities:

  • Total Assets: $140,432
  • Total Liabilities: $0
  • Net Assets: $140,432

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Programs

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

Retail Mix Plan

Revenue

$9,316

Organization Details

Founding Year

2004

Principal Officer

Courtney O'Neill

Main Address

8514 Germantown Ave, Philadelphia, PA, 19118

NTEE Category

Code: W20 - Public benefit

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