Overview
What is Downtown Center Business Improvement District Management Corporation?
The Downtown Center Business Improvement District Management Corporation is a nonprofit organization situated in Los Angeles, California, specifically at 600 Wilshire Boulevard, 90017. Their primary mission is to enhance and promote special benefits for properties within the Central Business District of Los Angeles City. To achieve this, they provide various services, including ensuring public safety through collaborations with local law enforcement agencies, maintaining cleanliness through garbage removal and sidewalk upkeep, engaging in community service by coordinating with other social service organizations, marketing Downtown Los Angeles through events and media, fostering economic development by retaining and attracting businesses, and undertaking special projects like trash removal, graffiti abatement, and weed eradication. The corporation operates with a team of 13 dedicated individuals.
Official website here: www.downtownla.com
Is Downtown Center Business Improvement District Management Corporation legitimate?
Downtown Center Business Improvement District Management Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Center Business Improvement District Management Corporation 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: $499,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,124,184
For more financial information, click here
Official website here: www.downtownla.com
What is the mission statement of Downtown Center Business Improvement District Management Corporation?
The Downtown Center Business Improvement District Management Corporation's mission is to enhance and communicate unique advantages to properties situated within a central business district. Their primary objective is to enhance the area by improving various aspects such as safety, maintenance, and economic development.
To accomplish this, they provide a range of services, including increased public security through collaboration with local law enforcement agencies, maintaining cleanliness through waste removal and sidewalk upkeep, implementing social programs in conjunction with local social service organizations, promoting the area through media and special events, retaining and attracting businesses, and overseeing special projects like graffiti removal and weed abatement.
Official website here: www.downtownla.com
Who is the CEO of Downtown Center Business Improvement District Management Corporation?
Suzanne Holley is the CEO of Downtown Center Business Improvement District Management Corporation The CEO's salary of Downtown Center Business Improvement District Management Corporation is $248,149 and their total compensation is $281,543.
Official website here: www.downtownla.com
What is the revenue of Downtown Center Business Improvement District Management Corporation?
Downtown Center Business Improvement District Management Corporation's revenue in 2023 was $8,043,986.
Official website here: www.downtownla.com
Who are the executives of Downtown Center Business Improvement District Management Corporation and what are their salaries?
The average compensation at Downtown Center Business Improvement District Management Corporation during 2023 was $124,933. There are 13 employees and 25 volunteers at Downtown Center Business Improvement District Management Corporation.
Here are 33 key members and their salaries (Downtown Center Business Improvement District Management Corporation's CEO's salary is $248,149 and their total compensation is $281,543):
- Compensation: $248,149
- Related: $0
- Other: $33,394
- Compensation: $217,350
- Related: $0
- Other: $1,057
- Compensation: $162,320
- Related: $0
- Other: $17,697
- Compensation: $144,745
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- Other: $15,467
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Official website here: www.downtownla.com
Where can I find the form 990 for Downtown Center Business Improvement District Management Corporation?
Downtown Center Business Improvement District Management Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownla.com
Learn more at the official website: www.downtownla.com
Mission Statement of Downtown Center Business Improvement District Management Corporation
The Downtown Center Business Improvement District Management Corporation, in essence, is committed to enhancing and showcasing the benefits of properties situated within the Central Business District of a city. Their primary objective is to improve this area, ensuring it offers distinctive advantages to the properties within its boundaries.
To accomplish this mission, the organization provides a range of services and programs. They bolster public safety by collaborating with local law enforcement agencies such as the Los Angeles Police, Los Angeles Sheriff, and Los Angeles Fire Departments, thereby fostering a sense of security within the district. In addition, they maintain the cleanliness of the area by ensuring that sidewalks, curbs, and garbage are well-maintained.
Moreover, the Downtown Center Business Improvement District Management Corporation also focuses on community service. They develop and implement social programs, coordinating with other service organizations within the district to address community needs effectively. Furthermore, they promote Downtown Los Angeles through media and special events, aiming to attract more businesses and visitors to the area.
In terms of economic development, the corporation endeavors to retain existing businesses and attract prospective ones within the district. They also invest in special projects, including the removal of trash, graffiti, and weed abatement, aiming to keep the area looking its best. Overall, the Downtown Center Business Improvement District Management Corporation's mission is to create a thriving, safe, and appealing environment within its district.
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Impact
October, 2024
Downtown Center Business Improvement District Management Corporation significantly enhances the quality of life and economic vitality in Downtown Los Angeles. Its primary focus areas include public safety, maintenance, community service, destination marketing, economic development, and special projects.
By employing uniformed security personnel and fostering strong partnerships with local law enforcement agencies, the organization effectively increases public security, creating a safer environment for residents, visitors, and businesses. The maintenance efforts ensure clean streets, pathways, and public spaces, which contributes to a welcoming atmosphere and promotes community pride.
The corporation also plays a vital role in social initiatives, collaborating with local service organizations to address community needs and improve social conditions. Its marketing efforts elevate Downtown Los Angeles as a destination, promoting events and attractions that draw in visitors and potential investors.
In terms of economic development, the organization focuses on retaining and attracting businesses, which is crucial for local job creation and economic growth. Special projects address issues like waste management and urban beautification, further enhancing the area’s appeal.
Overall, the Downtown Center Business Improvement District Management Corporation is instrumental in fostering a vibrant, safe, and economically thriving community in Downtown Los Angeles.
This information is meant to be a general summary of Downtown Center Business Improvement District Management Corporation. 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 2023.
- Investment Income: $73,902
- Program Service Revenue: $7,912,220
- Gross Receipts: $8,043,986
Assets and Liabilities:
- Total Assets: $2,456,710
- Total Liabilities: $2,196,094
- Net Assets: $260,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$7,843,099
CONTRACT REVENUE
Revenue
$69,121
Organization Details
Founding Year
1997
Principal Officer
Suzanne Holley
Website
www.downtownla.comNTEE Category
Code: S20 - Community improvement
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