Downtown Green Bay Inc
- Assets
- $0.0
- Revenue
- $508.9k
- Investments
- $0.0
- Employees
- 27
- Location
- Green Bay, WI
- Founding
- 04/1997
- Data as of
- 12/2022
- EIN
- 39-1858391
Organization Overview
Downtown Green Bay Inc is located in Green Bay, WI. The organization was established in 1997. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2022, Downtown Green Bay Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Green Bay Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Downtown Green Bay Inc generated $508.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $875.4k during the year ending 12/2022. While expenses have increased by 13.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DGBI WORKS TO REVITALIZE THE SOCIAL AND ECONOMIC CLIMATE OF DOWNTOWN GREEN BAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKETING - THE GOAL OF THE MARKETING DEPARTMENT IS TO BUILD GENERAL AWARENESS OF ALL ASPECTS OF THE DISTRICT INCLUDING BUSINESS DEVELOPMENT, PHYSICAL IMPROVEMENTS, EVENTS, ATTRACTIONS, SHOPS, AND RESTAURANTS USING PRINT, DIGITAL AND SOCIAL MEDIA ADVERTISING. MARKETING EFFORTS ARE TARGETED AT BUSINESS OWNERS, RESIDENTS, COMMUNITY MEMBERS, AND TOURISTS.
BUSINESS DEVELOPMENT - DGBI ADVOCATES AND RECRUITS FOR EXPANSION AND DEVELOPMENT OF DOWNTOWN RESIDENTIAL, CORPORATE, AND RETAIL GROWTH ADDRESSING THE NEEDS OF MULTIPLE DEMOGRAPHICS.
PHYSICAL IMPROVEMENTS - DGBI CONTINUES TO POSITIVELY IMPACT THE FIRST IMPRESSION DOWNTOWN FOCUSING ON CLEANINESS, LANDSCAPING, AND STREETSCAPE IMPROVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashok Rai Member | Trustee | 2 | $0 |
Greg Babcock Member | Trustee | 2 | $0 |
Brad Toll Member | Trustee | 2 | $0 |
Steve Vanlaanen Vice President | OfficerTrustee | 2 | $0 |
Daniel Wickman Member | Trustee | 2 | $0 |
Jennifer Vander Zanden Member At Large | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,353 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,353 |
| Total Program Service Revenue | $439,322 |
| Investment income | $272 |
| 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 | $508,947 |
| 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. | $102,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $246,163 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,867 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $365 |
| Advertising and promotion | $18,799 |
| Office expenses | $32,852 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,855 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,178 |
| Insurance | $11,946 |
| All other expenses | $1,948 |
| Total functional expenses | $875,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |