Downtown Mobile District Management Corporation
- Assets
- $1.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Mobile, AL
- Founding
- 09/2005
- Data as of
- 06/2021
- EIN
- 20-3052636
Organization Overview
Downtown Mobile District Management Corporation is located in Mobile, AL. The organization was established in 2005. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Downtown Mobile District Management Corporation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Mobile District Management Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Downtown Mobile District Management Corporation generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 3.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSURE THE VITALITY OF THE BUSINESS, RESIDENTIAL AND ARTS DISTRICT IN DOWNTOWN MOBILE, AL. TO ENHANCE AND MAINTAIN THE PROPERTY VALUES IN DOWNTOWN WHILE RETAINING BUSINESSES AND ATTRACTING NEW BUSINESS INVESTMENT TO DOWNTOWN MOBILE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PUBLIC SPACE MANAGEMENT PROGRAM SERVES A METROPOLITAN AREA OF APPROXIMATELY 594,000 RESIDENTS AND A DOWNTOWN VISITOR DOMAIN THAT RECEIVES APPROXIMATELY 3 MILLION VISITORS ANNUALLY BY PROVIDING VISITORS AND RESIDENTS WITH A CLEAN AND WELCOMING PUBLIC REALM. THE PUBLIC SPACE MANAGEMENT PROVIDES INTENSIVE DAILY LITTER COLLECTION, AS NEEDED SPILL/ACCIDENT REMEDIATION, SAFETY/HOSPITALITY PATROLS, PLANTING AND MAINTENANCE OF 200 FLOWER BEDS, AND MOTORIST AID SERVICES TO AREA PATRONS.
THE COMMUNICATION AND MARKETING PROGRAM SERVES A METROPOLITAN AREA OF APPROXIMATELY 594,000 RESIDENTS AND A DOWNTOWN VISITOR DOMAIN THAT RECEIVES APPROXIMATELY 3 MILLION VISITORS ANNUALLY BY PROVIDING THEM WITH UP-TO-DATE INFORMATION ON PUBLIC EVENTS, PRODUCTS AND SERVICES AVAILABLE, AND BUSINESS OPPORTUNITIES AVAILABLE THROUGHOUT THE DOWNTOWN MOBILE BUSINESS IMPROVEMENT DISTRICT. THIS PROGRAM ALSO CREATES COLLATERAL MATERIAL USED TO RECRUIT RESIDENTS AND BUSINESSES. COMMUNICATIONS AND MARKETING ALSO COORDINATES EVENTS AND PROVIDES CONSULTATION AND LOGISTICAL ASSISTANCE FOR OTHER ORGANIZATIONS PLANNING EVENTS.
THE BUSINESS RECRUITMENT AND RETENTION PROGRAM SERVES THE 600 CORPORATE AND INDIVIDUAL OWNERS OF PROPERTY LOCATED WITHIN THE DOWNTOWN MOBILE BUSINESS IMPROVEMENT DISTRICT BY MARKETING THEIR PROPERTIES TO PROSPECTIVE BUYERS, INVESTORS AND TENANTS. THIS PROGRAM ALSO ASSISTS NEW BUSINESSES NAVIGATE THE PERMITTING AND INSPECTION PROCESS AT CITY HALL. IN ADDITION, THE BUSINESS RECRUITMENT AND RETENTION PROGRAM ACTIVELY SEEKS NEW BUSINESSES TO LOCATE IN THE DISTRICT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Stevens President & | Officer | 40 | $126,523 |
Bertha Boatman Secretary | OfficerTrustee | 1 | $0 |
Rebecca Byrne Immediate Pa | OfficerTrustee | 0.5 | $0 |
Matt Lemond V C For Econ | OfficerTrustee | 1 | $0 |
Jacquitta Powell-Green Treasurer | OfficerTrustee | 1 | $0 |
Steven Mcmahon Chairman Of | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,669,646 |
| Investment income | $2,017 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,703,591 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $493,270 |
| Pension plan accruals and contributions | $25,307 |
| Other employee benefits | $43,631 |
| Payroll taxes | $38,524 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,400 |
| Fees for services: Accounting | $8,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,770 |
| Advertising and promotion | $0 |
| Office expenses | $21,790 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,718 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,163 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,477 |
| Insurance | $15,970 |
| All other expenses | $58,232 |
| Total functional expenses | $1,752,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $499,786 |
| Savings and temporary cash investments | $252,706 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,377 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $289,820 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $225 |
| Total assets | $1,047,914 |
| Accounts payable and accrued expenses | $9,121 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $261,329 |
| Total liabilities | $270,450 |
| Net assets without donor restrictions | $777,464 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,047,914 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Macon Bibb County Economic Opportunity Council Inc Macon, GA | $9,862,743 | $18,330,804 |
Economic Opportunity For Savannah Chatham County Area Inc Savannah, GA | $8,523,279 | $14,850,530 |
Coastal Plain Area Economic Opportunity Authority Inc Valdosta, GA | $6,623,534 | $13,801,263 |
Golden Triangle Planning & Development District Inc Starkville, MS | $16,192,589 | $11,220,298 |
Tri-County Community Council Inc Bonifay, FL | $6,451,084 | $10,551,381 |
Neighborhood Preservation Inc Memphis, TN | $5,226,571 | $6,441,182 |
Community Action For Improvement Inc Lagrange, GA | $4,305,950 | $11,116,636 |
Woodbine Community Organization Wco Inc Nashville, TN | $99,872,484 | $15,160,345 |
Southwest Mississippi Planning And Development District Inc Natchez, MS | $14,931,557 | $8,375,753 |
Northwest Tennessee Development Martin, TN | $5,677,713 | $7,068,049 |
Oasis Center Inc Nashville, TN | $8,797,706 | $7,228,064 |
Action Ministries Inc Atlanta, GA | $1,217,329 | $6,005,144 |