Build Up Downtown Inc

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

EIN: 872565094 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Build Up Downtown Inc?

Build Up Downtown Inc is a nonprofit organization situated in Jacksonville, Florida. Its primary role is advocacy and offering support to collaborating city departments and nonprofit organizations. The organization's main initiatives include facilitating development tours and promoting smart growth, preservation, and outstanding public spaces within Downtown Jacksonville. As a privately funded entity, Build Up Downtown serves as a vital resource and supporter for the Downtown Investment Authority and Downtown Vision, Inc., strengthening Downtown's status as a hub for business, history, culture, education, and entertainment.

Is Build Up Downtown Inc legitimate?

Build Up Downtown Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Build Up Downtown 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: $146,685
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Build Up Downtown Inc?

Build Up Downtown Inc is dedicated to promoting preservation, intelligent development, and exceptional public spaces in urban areas. Their mission is to serve as a connector and communicator between current and future businesses and stakeholders. They function as a privately-funded, nonprofit organization that supports the Downtown Investment Authority (DIA) and Downtown Vision, Inc. (DVI) to strengthen Downtown as a vibrant hub for business, history, culture, education, and entertainment. Their goal is to reinforce the city's unique essence by reinforcing the significance of Downtown.

Who is the CEO of Build Up Downtown Inc?

Allan Devault is the Executive Director of Build Up Downtown Inc.

What is the revenue of Build Up Downtown Inc?

Build Up Downtown Inc's revenue in 2022 was $296,274.

Who are the executives of Build Up Downtown Inc and what are their salaries?

There 6 volunteers at Build Up Downtown Inc.


Here are 5 key members and their salaries:


Allan Devault (Executive Director)
  • Compensation: $80,823
  • Related: $0
  • Other: $0
Andy Allen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Sifakis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Edgecombe (Director Of Development)
  • Compensation: $64,861
  • Related: $0
  • Other: $0
Matt Brockelman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Build Up Downtown Inc?

Build Up Downtown Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Build Up Downtown Inc

Build Up Downtown, a privately funded nonprofit organization, is dedicated to facilitating and advocating for the preservation, thoughtful development, and enhancement of public spaces in Downtown Jacksonville. The organization serves as a vital resource and supporter for the Downtown Investment Authority (DIA) and Downtown Vision, Inc. (DVI), working tirelessly to reinforce Downtown as the city's distinctive hub for business, history, culture, education, and entertainment. By communicating, connecting, and informing current and future businesses and stakeholders, Build Up Downtown aims to reinforce Downtown's unique position and ensure its continued growth and success.

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Impact




October, 2024

Build Up Downtown Inc plays a crucial role in enhancing the vibrancy and functionality of Downtown Jacksonville. By advocating for preservation, smart development, and the creation of great public spaces, the organization actively contributes to the area's revitalization. It engages current and future businesses and stakeholders through effective communication and connections, ensuring that the needs of the community are met and that the historic and cultural essence of Downtown is maintained.

The organization's support for the Downtown Investment Authority (DIA) and Downtown Vision, Inc. (DVI) reinforces Downtown Jacksonville as a unique epicenter of business, history, culture, education, and entertainment. By facilitating development tours and providing valuable staff assistance to partnering city departments and nonprofit organizations, Build Up Downtown Inc drives collaboration and encourages informed decision-making among key stakeholders.

Ultimately, the impact of Build Up Downtown Inc is reflected in its commitment to creating a dynamic and attractive environment that fosters economic growth, community engagement, and cultural enrichment in Downtown Jacksonville.




This information is meant to be a general summary of Build Up Downtown 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
$296,274 (2022)
Expenses
$277,938 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $296,274

Assets and Liabilities:

  • Total Assets: $110,079
  • Total Liabilities: $81,333
  • Net Assets: $28,746

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Programs

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

NA

Organization Details

Founding Year

2021

Principal Officer

Allan Devault

Main Address

221 NORTH HOGAN ST SUITE 260, JACKSONVILLE, FL, 322024201

NTEE Category

Code: W01 - Public benefit

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