Overview

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Est.

2010

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The District Management Association Downtown Troy Business Improvement District Inc. is a nonprofit organization focused on community improvement in Downtown Troy, New York. With an operating budget of $402.3K and total revenue of $310.1K for the 2024 filing year, its mission is to foster economic growth and development by creating a vibrant and sustainable environment that honors the city's history while looking toward the future. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.downtowntroy.org.

Mission Statement

OUR MISSION IS TO CULTIVATE THE ECONOMIC GROWTH AND DEVELOPMENT OF THE DOWNTOWN TROY COMMUNITY BY CREATING AN INCREASINGLY INVITING, DYNAMIC AND SUSTAINABLE ENVIRONMENT THAT CELEBRATES THE CITY'S HISTORY WHILE BUILDING TOWARDS ITS FUTURE.
Revenues
$310.1K
Expenses
$412.3K
Net Income:
-$102.2K
Assets
$45.3K
Liabilities
$9.3K
Net Assets:
+$36K
Operating Budget
$402.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$20K
Largest grant received
$20K
O
Olivia Clemente
Board Member
J
Jamie Magur
Board Member
K
Kimberly Fredericks
Board Member

Frequently Asked Questions

What is DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC’s budget?
In 2024, DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC reported an annual operating budget of around $402 thousand. More detailed financial information is available to registered users.
What causes does DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC support?
DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC supports work in Community improvement.
Where does DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC operate?
DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC is headquartered in Troy, NY.
Who funded DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC recently?
In 2023, DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC received grants from TROY REDEVELOPMENT FOUNDATION INC, CAPITAL DISTRICT PHYSICIANS' HEALTH PLAN INC, and The Bank of America Charitable Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC received in 2023?
The largest grant to DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC in 2023 exceeds $20 thousand.
What is DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC’s reliance on government grants?
DISTRICT MANAGEMENT ASSOC DOWNTOWN TROY BUSINESS IMPROVEMENT DIST INC relied on government grants for less than 5% of their total revenue in 2024.