Overview
What is Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc?
Downtown Phoenix Inc, formerly known as Downtown Phoenix Partnership Inc, is a nonprofit organization situated in Phoenix, Arizona, specifically at 1 East Washington Suite 230. Their primary focus lies in maintaining the aesthetic and pedestrian-friendly environment of the downtown area. This includes taking care of landscaping, pedestrian amenities, and the irrigation system. They also engage in special projects, such as forming an advisory group to create a unique identity for Downtown Phoenix and organizing street entertainment and live music events during the First Friday and Art Walk to stimulate foot traffic to local establishments. The organization aims to enhance services in the downtown Phoenix core area.
Official website here: www.dtphx.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Downtown Phoenix Inc, previously known as Downtown Phoenix Partnership Inc, has received a Three-Star rating primarily based on its accountability and finance practices. The organization has demonstrated strong governance, with 96% of its board members being independent and a robust size of 29 independent members. This level of oversight reflects a commitment to transparency and responsible management of resources.
The nonprofit shows solid financial health, with a low liabilities to assets ratio of 2.33%, indicating good financial stability. Furthermore, the program expense ratio stands at an impressive 79.80%, meaning that a significant portion of its budget is allocated directly to its programs rather than administrative costs, which is a positive indicator for donors looking for effective use of their contributions.
While the organization has shown strengths in governance and financial management, there are no specific limitations or challenges highlighted in the data. Overall, the rating signifies that Downtown Phoenix Inc is a trustworthy organization with a strong commitment to its mission and effective use of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc legitimate?
Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Phoenix Inc Fka Downtown Phoenix 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,088,473
For more financial information, click here
Official website here: www.dtphx.org
What is the mission statement of Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc?
Downtown Phoenix Inc, formerly known as Downtown Phoenix Partnership Inc, focuses on enhancing services within the downtown core area. Their mission is to maintain the district's landscape and pedestrian amenities, creating a pedestrian-friendly experience and establishing a unique identity for Downtown Phoenix. This includes streetscape maintenance, such as tree maintenance and irrigation system upkeep, as well as special projects. One of their initiatives involves serving on an advisory group representing various downtown interests, providing street entertainment and live music during monthly events like First Friday and Art Walk to attract foot traffic to local establishments.
Official website here: www.dtphx.org
Who is the CEO of Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc?
Devney Majerle is the President/Ceo of Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc. The CEO's salary of Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc is $95,367 and their total compensation is $104,167.
Official website here: www.dtphx.org
What is the revenue of Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc?
Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc's revenue in 2022 was $5,691,701.
Official website here: www.dtphx.org
Who are the executives of Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc and what are their salaries?
There 31 volunteers at Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc.
Here are 33 key members and their salaries (Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc's CEO's salary is $95,367 and their total compensation is $104,167):
- Compensation: $95,367
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- Other: $8,800
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- Compensation: $130,664
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- Other: $23,571
Official website here: www.dtphx.org
Where can I find the form 990 for Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc?
Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dtphx.org
Learn more at the official website: www.dtphx.org
Mission Statement of Downtown Phoenix Inc Fka Downtown Phoenix Partnership Inc
Downtown Phoenix Inc, formerly known as Downtown Phoenix Partnership Inc, is dedicated to enhancing services within the downtown Phoenix core area. This nonprofit organization strives to maintain the district's landscape and pedestrian amenities, creating a pedestrian-friendly experience and establishing a unique identity for downtown Phoenix. Their activities extend beyond aesthetics, as they also coordinate efforts to ensure a pleasant and enjoyable downtown experience for residents and visitors alike.
In terms of practical initiatives, Downtown Phoenix Inc takes care of streetscape maintenance. This includes the upkeep of trees, their replacement when necessary, and the maintenance of the irrigation system from the ground up. Beyond these physical improvements, the organization also undertakes special projects. For instance, they have an advisory group that represents various downtown interests, providing street entertainment and live music on the first Friday and Art Walk, thereby boosting traffic to local establishments. This diverse range of activities underlines Downtown Phoenix Inc's commitment to improving the overall experience of the downtown Phoenix core area.
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Impact
July, 2024
Downtown Phoenix Inc, formerly known as Downtown Phoenix Partnership Inc, plays a significant role in enhancing the vibrancy and appeal of the core area of Downtown Phoenix. Through its focus on streetscape and urban design, the organization maintains the district's landscape and pedestrian amenities, creating a pedestrian-friendly experience and a unique identity for Downtown Phoenix.
One of the key impacts of Downtown Phoenix Inc is its streetscape maintenance efforts, which include tree maintenance and replacement as well as the upkeep of the irrigation system. These initiatives contribute to the aesthetic appeal and overall attractiveness of the downtown area, making it more inviting for residents, visitors, and businesses.
Additionally, through special projects and events, such as the provision of street entertainment and live music during First Friday and Art Walk, Downtown Phoenix Inc helps promote traffic to local establishments and supports the cultural and economic vitality of the area. By fostering community engagement and creating a more dynamic urban environment, the organization contributes to the overall improvement and ongoing development of Downtown Phoenix.
This information is meant to be a general summary of Downtown Phoenix Inc Fka Downtown Phoenix 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $480
- Program Service Revenue: $149,543
- Gross Receipts: $5,691,701
Assets and Liabilities:
- Total Assets: $2,328,732
- Total Liabilities: $54,458
- Net Assets: $2,274,274
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NON-ASSESSMENT REVENUE
Revenue
$107,202
FEES FOR SERVICES
Revenue
$34,841
EVENT INCOME
Revenue
$7,500
Organization Details
Founding Year
1990
Phone
(602) 744-6403Principal Officer
Devney Majerle
Main Address
1 EAST WASHINGTON SUITE 230, PHOENIX, AZ, 85004
Website
www.dtphx.orgNTEE Category
Code: S200 - Community improvement
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