Hartford Business Improvement District

Organization Overview

Hartford Business Improvement District is located in Hartford, CT. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Hartford Business Improvement District employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hartford Business Improvement District 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 06/2023, Hartford Business Improvement District generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.3m during the year ending 06/2023. While expenses have increased by 1.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE HARTFORD BUSINESS IMPROVEMENT DISTRICT IS A SPECIAL SERVICES DISTRICT THAT ENCOMPASSES DOWNTOWN HARTFORD AND ASYLUM HILL. THE HARTFORD BUSINESS IMPROVEMENT DISTRICT'S FOCUS IS ON CLEAN STREETS, PUBLIC SAFETY AND MARKETING OF THE DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLEANING & SECURITY AMBASSADOR PROGRAM - DAILY ON STREET CLEAN STREET AND SECURITY OPERATIONS WITHIN THE DISTRICT


PLACEMAKING AND EVENTS - TO CREATE AND BEAUTIFY PROGRAM SPACES IN THE DISTRICT


MARKETING - MARKETING WAS FOCUSED ON PROMOTING HARTFORD'S ASSETS TO CREATE A RELEVANT AND POSITIVE MESSAGE ABOUT CONNECTICUT'S CAPITAL CITY, AND GETTING THE HARTFORD BUSINESS IMPROVEMENT DISTRICT'S NAME OUT TO THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Wayne Benjamin
Chair
$0
Lisa Drazen
Vice Chair
$0
Dina Silva
Secretary
$0
Tim Moore
Treasurer
$0
Cynthia Huveldt
Immediate Past Chair
$0
David Jakubowski Jr
Commissioner
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Hartford Guides Inc
Security Services
$233,104
Mydatt Services Dba Block By Block Ll
Clean Street Services
$451,735
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $978,778
All other contributions, gifts, grants, and similar amounts not included above$178,850
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,157,628
Total Program Service Revenue$200,105
Investment income $0
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 $1,358,342

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