Overview
What is Newmarket Business Improvement District Inc?
Newmarket Business Improvement District Inc, located at 225 Southampton Street, Boston, MA 02118, is a nonprofit organization with a mission to enhance the general welfare of the community within its designated district. The organization collects assessments from property owners within this area and utilizes these funds to develop, manage, operate, and promote various activities, programs, and services. These efforts include marketing, maintenance, security, planning, and physical improvements to the district, complementing the services provided by the city of Boston.
Official website here: www.newmarketboston.org
Is Newmarket Business Improvement District Inc legitimate?
Newmarket Business Improvement District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newmarket 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $27,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,308
For more financial information, click here
Official website here: www.newmarketboston.org
What is the mission statement of Newmarket Business Improvement District Inc?
The Newmarket Business Improvement District Inc's mission is centered around enhancing the general welfare of its community. Specifically, the corporation aims to develop, implement, manage, operate, and promote various activities, programs, and services within its designated area. These endeavors extend beyond what the city provides and encompass initiatives such as marketing, maintenance, security, planning, and physical improvements to the district. The goal is to foster a thriving and well-maintained environment for the benefit of the people within the district.
Official website here: www.newmarketboston.org
Who is the CEO of Newmarket Business Improvement District Inc?
Susan Sullivan is the Chair of Newmarket Business Improvement District Inc.
Official website here: www.newmarketboston.org
What is the revenue of Newmarket Business Improvement District Inc?
Newmarket Business Improvement District Inc's revenue in 2022 was $1,004,213.
Official website here: www.newmarketboston.org
Who are the executives of Newmarket Business Improvement District Inc and what are their salaries?
There 25 volunteers at Newmarket Business Improvement District Inc.
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Official website here: www.newmarketboston.org
Where can I find the form 990 for Newmarket Business Improvement District Inc?
Newmarket Business Improvement District Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newmarketboston.org
Learn more at the official website: www.newmarketboston.org
Mission Statement of Newmarket Business Improvement District Inc
Newmarket Business Improvement District Inc, as a nonprofit organization, is committed to enhancing the overall well-being of its community. Its mission is twofold: firstly, to develop, implement, manage, and operate various activities, programs, and services within the designated district. These initiatives aim to supplement those provided by the city, encompassing areas such as marketing, maintenance, security, planning, and physical improvements. Secondly, Newmarket Business Improvement District Inc strives to promote the general welfare of the people within the district. By undertaking these tasks, the corporation seeks to contribute positively to the lives of the individuals residing or working in the designated area, ultimately improving the quality of life for all.
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Impact
July, 2024
Newmarket Business Improvement District Inc has a significant impact on the community in Boston, MA. By developing, implementing, managing, operating, enhancing, and promoting the general welfare of the people within the designated district, this organization plays a key role in improving the overall quality of life for residents, businesses, and visitors. Through activities, programs, and services such as marketing, maintenance, security, planning, and physical improvements, the Business Improvement District contributes to the economic growth and vitality of the area. Additionally, the assessments collected from property owners within the district help fund these initiatives, ensuring sustainable progress and enhancement for the community.
This information is meant to be a general summary of Newmarket 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 2022.
- Investment Income: $31
- Program Service Revenue: $743,182
- Gross Receipts: $1,004,213
Assets and Liabilities:
- Total Assets: $598,395
- Total Liabilities: $242,890
- Net Assets: $355,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$518,182
SHUTTLE SERVICE REVENU
Revenue
$225,000
Organization Details
Founding Year
2022
Phone
(617) 233-7565Principal Officer
Susan Sullivan
Main Address
225 SOUTHAMPTON STREET, BOSTON, MA, 02118
Website
www.newmarketboston.orgNTEE Category
Code: S20 - Community improvement
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