Overview
What is Fondren Business Improvement District Inc?
Fondren Business Improvement District Inc is a nonprofit organization situated in Jackson, Mississippi, specifically at 4145 Old Canton Road. Its primary role is to enhance the economic and business development within its defined boundaries. This is accomplished through various initiatives, including ensuring public safety, maintaining landscaping, and executing marketing strategies. Weekly, they provide essential services such as security, street sweeping, garbage removal, and landscaping maintenance. The organization also actively promotes the common interests of businesses in the area and supports programs that foster economic growth.
Is Fondren Business Improvement District Inc legitimate?
Fondren Business Improvement District Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fondren 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.
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What is the mission statement of Fondren Business Improvement District Inc?
The Fondren Business Improvement District Inc serves to advance the shared business interests of establishments within its designated area. It proactively initiates, promotes, and supports opportunities and programs that boost economic and business development. By doing so, the organization aims to enhance the overall vitality and prosperity of the business community. In practice, this is achieved through various services, including public safety, landscaping, marketing, and economic development initiatives. On a regular basis, the organization provides security, street cleaning, garbage removal, and landscaping services to maintain a clean and safe environment. Furthermore, the BID invests in marketing and economic development projects to attract new businesses and stimulate growth within the district.
What is the revenue of Fondren Business Improvement District Inc?
Fondren Business Improvement District Inc's revenue in 2024 was $282,718.
Who are the executives of Fondren Business Improvement District Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Fondren Business Improvement District Inc?
Fondren Business Improvement District Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Fondren Business Improvement District Inc
Fondren Business Improvement District Inc, as an organization, is committed to advocating for the shared business interests of companies situated within its designated area. This nonprofit initiates, supports, and promotes opportunities and programs that foster and enhance economic and business development. By doing so, it aims to create a conducive environment for the growth and success of these businesses. The organization carries out its mission by providing essential services such as public safety, landscaping, marketing, and economic development within the defined boundaries of the Fondren Business Improvement District. On a weekly basis, they ensure the provision of security, street cleaning, garbage removal, and landscaping, contributing significantly to the overall well-being and appearance of the area. Their efforts in this regard not only bolster the economic development of businesses but also contribute to the overall attractiveness and appeal of the district.
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Impact
October, 2024
Fondren Business Improvement District Inc significantly impacts the community by fostering economic growth and enhancing the business environment in the Fondren area. By promoting the common interests of local businesses, it serves as a catalyst for collaboration and resource sharing among entrepreneurs, leading to a thriving commercial ecosystem.
The organization ensures public safety through regular security measures, contributing to a safer atmosphere for both businesses and patrons. Additionally, the BID enhances the area's aesthetic appeal by maintaining clean streets and landscaped spaces, creating an inviting environment that attracts customers and visitors.
Through consistent marketing initiatives, Fondren Business Improvement District Inc raises awareness of local offerings, driving foot traffic and supporting revenue growth for area businesses. Moreover, the organization actively initiates programs that encourage economic development, nurturing an environment ripe for innovation and investment.
Overall, the Fondren Business Improvement District Inc plays a crucial role in transforming and sustaining the commercial landscape in Jackson, MS, making it a vibrant hub for business activity and community engagement.
This information is meant to be a general summary of Fondren 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $10,340
- Program Service Revenue: $272,378
- Gross Receipts: $282,718
Assets and Liabilities:
- Total Assets: $54,234
- Total Liabilities: $5,496
- Net Assets: $48,738
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BID ASSESSMENTS
Revenue
$272,378
Organization Details
Founding Year
2019
Principal Officer
Ron Aldridge
NTEE Category
Code: S20 - Community improvement
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