Downtown Cincinnati Inc

Organization Overview

Downtown Cincinnati Inc is located in Cincinnati, OH. The organization was established in 1994. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. Downtown Cincinnati Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Downtown Cincinnati Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $3.1m during the year ending 12/2020. While expenses have increased by 1.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD A DYNAMIC METROPOLITAN CENTER VALUED AS THE HEART OF THE REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DOWNTOWN CINCINNATI, INC. PROVIDES ENHANCED CLEANING AND SAFETY PATROLS WITH APPROXIMATELY 30 SAFE AND CLEAN STAFF OVER THE APPROXIMATELY 99 BLOCK IMPROVEMENT DISTRICT AREA. AS PART OF THIS PROGRAM DOWNTOWN CINCINNATI, INC. ALSO EMPLOYS SOCIAL SERVICE OUTREACH COORDINATORS TO PROVIDE OUTREACH SERVICES TO THE DOWNTOWN POPULATION THAT ARE HOMELESS OR PANHANDLING. DOWNTOWN CINCINNATI, INC. HAS CLEANING AGREEMENTS WITH SORTA TO CLEAN GOVERNMENT SQUARE AND VARIOUS BUS STOPS AND SHELTERS, AND VARIOUS SMALL CLEANING CONTRACTS THROUGHOUT DOWNTOWN CINCINNATI.


MARKETING, COMMUNICATIONS, STAKEHOLDER SERVICES AND RETAIL IN THE IMPROVEMENT DISTRICT AND ADJACENT AREA. THIS INCLUDES PROMOTION OF DOWNTOWN RETAILERS AND SUPPORT TO SMALL BUSINESSES, AND IMPLEMENTING A RETAIL STRATEGY WITHIN THE VISION AND PLAN FOR DOWNTOWN CINCINNATI BY SEEKING OUT AND RECRUITING STORE OPERATORS TO CREATE A UNIQUE DESTINATION FOR RETAIL.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher Habel
Chair
$0
Robert Heidenreich
Board Member
$0
Elizabeth Sherwood
Board Member
$0
Mike Michael
Board Member
$0
Stephen G Leeper
Secretary
$0
Timothy Szilasi
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Greater Cincinnati Behavior Health Servi
Outreach Program
$259,270
Agar Llc
Holiday Event
$155,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$45,945
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,835,416
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,881,361
Total Program Service Revenue$246,577
Investment income $528
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,217
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,130,683

Grants Awarded

Over the last fiscal year, Downtown Cincinnati Inc has awarded $173,326 in support to 2 organizations.

Grant RecipientAmount

CITY GOSPEL MISSION

PURPOSE: Generocity 513 - general program support

$55,616

GREATER CINCINNATI BEHAVORIAL HEALTH

PURPOSE: Generocity 513 - general program support

$117,710
View Grant Profile

Peer Organizations

Organization NameAssets
Harristown Development Corporation
Harrisburg, PA
$18,623,535
The Center Of Workforce Innovations Inc
Valparaiso, IN
$16,535,508
Capitol South Community Urban Redevelopment Corporation
Columbus, OH
$13,517,756
Community Action Of South Eastern West Virginia
Bluefield, WV
$13,634,857
Rising Tide Community Loan Fund
Bethlehem, PA
$8,811,127
Pittsburgh Downtown Partnership
Pittsburgh, PA
$9,502,366
Greater Kokomo Economic Development Alliance Inc
Kokomo, IN
$5,785,033
Midtown Detroit Inc
Detroit, MI
$8,677,582
West Central Indiana Economic Development District Inc
Terre Haute, IN
$5,441,220
Evansville Vanderburgh County Convention & Visitors Bureau Inc
Evansville, IN
$4,295,195
Downtown Cleveland Improvementcorporation
Cleveland, OH
$5,263,381
Detriot Economic Growth Association
Detroit, MI
$5,567,044
Ohio Capital Finance Corporation
Columbus, OH
$18,182,307
The Columbus Partnership
Columbus, OH
$9,362,677
Humans First Detroit
Detroit, MI
$5,407,214
Enterprise Center
Philadelphia, PA
$6,353,979
North Central Pennsylvania Regional Planning And Development Commi
Ridgway, PA
$5,098,321
Bounce Innovation Hub
Akron, OH
$3,200,814
Cleveland Development Advisors Community Reinvestment Fund Inc
Cleveland, OH
$4,293,488
Warren-Conner Development Coalition Inc
Detroit, MI
$3,448,048
Warriors Inc
Youngstown, OH
$5,227,949
Lucas County Economic Development Corporation
Toledo, OH
$4,608,812
Renaissance Development Fund
Benton Harbor, MI
$5,877,883
Downtown Cincinnati Inc
Cincinnati, OH
$3,130,683
Slavic Village Development
Cleveland, OH
$3,155,492

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