Downtown Raleigh Alliance is located in Raleigh, NC. The organization was established in 1998. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Downtown Raleigh Alliance employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Raleigh Alliance 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 06/2022, Downtown Raleigh Alliance generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 7 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
ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DOWNTOWN RALEIGH COMMUNITY ENGAGEMENT, SAFETY, AND SOCIAL SERVICES OUTREACH PROGRAM FOSTERS A WELCOMING AND SAFE ENVIRONMENT IN DOWNTOWN THROUGH THE EFFORTS OF 16 AMBASSADORS, AS OF JUNE 30, 2022, WHO PATROL THE PUBLIC REALM WITHIN THE MUNICIPAL SERVICES DISTRICT SEVEN DAYS A WEEK. THE SAFETY AMBASSADORS ALSO PROVIDE A STRONG, UNIFORMED PRESENCE ELEVATING A SENSE OF SAFETY WITH THEIR PATROLS OF THE MUNICIPAL-OWNED PARKING DECKS AND LOTS. CLAD IN HIGHLY VISIBLE, BLUE UNIFORMS AND EQUIPPED WITH HAND-HELD RADIOS, THE AMBASSADORS SERVE AS SUPPLEMENTARY "EYES AND EARS" FOR THE DOWNTOWN DIVISION OF THE RALEIGH POLICE DEPARTMENT. IN ADDITION, THE AMBASSADOR TEAM CONTINUES TO INCREASE INTERACTIONS WITH THE COMMUNITY BY PROVIDING ONGOING INFORMATIONAL AND SAFETY PRESENTATIONS FOR BUSINESSES AND STAKEHOLDER GROUPS, PREPARING NEW EMPLOYEES MOVING INTO DOWNTOWN RALEIGH, AND THROUGH MONTHLY MEETINGS WITH THE RALEIGH POLICE DISTRICT CAPTAIN TO STRATEGIZE WAYS TO LOWER CRIME. IN FY22, THE DOWNTOWN AMBASSADORS PROVIDED THE FOLLOWING NUMBER OF BUSINESS AND HOT SPOT CHECKS, SAFE WALKS, HOSPITALITY ASSISTANCE INCLUDING DINING RECOMMENDATIONS, DIRECTIONS, AND MOTORIST ASSISTANCE: -STAKEHOLDER CHECK-INS: 4,182 -HOT SPOT CHECKS: 15,436 -SAFE WALKS: 527 -HOSPITALITY: 362 -DIRECTIONS: 788 -MOTORIST ASSISTS: 118 OUR SAFETY AMBASSADORS LOGGED 13,068 PATROLS OF THE MUNICIPAL-OWNED PARKING DECKS AND LOTS.
THE BEAUTIFICATION AND CONNECTIVITY PROGRAM PROVIDES PUBLIC ART AND BEAUTIFICATION PROJECTS SUCH AS MURALS, ALONG WITH INITIATIVES TO IMPROVE ACCESSIBILITY AND CONNECTIVITY IN DOWNTOWN, RELATED TO BICYCLE, PEDESTRIAN AND PARKING INFRASTRUCTURE. IN FY-20, DRA ALSO ADDED 11 MURALS TO BEAUTIFY AREAS THROUGHOUT DOWNTOWN. DRA ALSO PROVIDED COMMUNITY MEETINGS AND SUPPORT FOR IMPROVEMENTS IN ACCESSIBILITY, CHANGES TO DOWNTOWN PARKING AND ADVOCACY FOR NEW BIKE LANES IN DOWNTOWN. THE PRIMARY GOAL OF THE ADVOCACY & SUSTAINABILITY PROGRAM IS TO BRING TOGETHER OVER 2,000 STAKEHOLDERS AND MEMBERS THAT SUPPORT DRA'S MUNICIPAL SERVICES DISTRICT TO COLLABORATE FOR THE BENEFIT OF THE CITY. DRA BRINGS THESE GROUPS TOGETHER THROUGH TOWN HALL MEETINGS, LARGE CORPORATE EVENTS, AND BY PROVIDING STRATEGIC RESOURCES TO ENCOURAGE GROWTH IN DOWNTOWN RALEIGH. DRA HELD 3 TOWN HALLS CALLED DOWNTOWN RUNDOWNS, INCLUDING 1 VIRTUAL, PLUS 2 CITY INFORMATION SESSIONS AND 15 DISCOVER DOWNTOWN TOURS TO SHARE INFORMATION ON DEVELOPMENTS AND BUSINESSES IN DOWNTOWN RALEIGH. DRA STAFF ATTENDED 40 COMMUNITY MEETINGS AND WORKED ON 26 ISSUES REFERRED BY CITY COUNCIL AND/OR STAFF. MORE THAN 50 COMPANIES ARE ANNUAL INVESTORS IN DRA WITH NEARLY 53 ADDITIONAL FRIENDS OF DOWNTOWN RALEIGH MEMBERS.
THE PRIMARY GOALS OF STOREFRONT DEVELOPMENT PROGRAM ARE TO CONTRIBUTE TO DOWNTOWN'S ECONOMIC SUCCESS BY ATTRACTING NEW BUSINESSES TO VACANT STOREFRONTS, PROVIDE MARKET DATA TO ATTRACT NEW INVESTMENT AND EMPLOYERS, AND PROVIDE NEW OPPORTUNITIES AND RESOURCES TO DIVERSE SET OF BUSINESSES AND ENTREPRENEURS. DRA MONITORS SIX PEDESTRIAN COUNTERS IN DOWNTOWN TO MEASURE FOOT TRAFFIC TO HELP ATTRACT TENANTS AND AID LAND USE DECISIONS. DRA CONTINUED ITS RETAIL UP-FIT GRANT WITH THE GOAL OF CREATING AN INCENTIVE TO ATTRACT NEW RETAIL OR AID IN THE EXPANSION OF EXISTING RETAIL IN DOWNTOWN RALEIGH. DRA AWARDED 8 GRANTS IN FY-22, TOTALING 57,500. IN PARTNERSHIP WITH THE CITY OF RALEIGH'S ECONOMIC DEVELOPMENT OFFICE AND THE PLANNING DEPARTMENT, OUR ECONOMIC DEVELOPMENT STAFF ACTIVELY WORKS WITH RETAIL BROKERS AND LANDLORDS TO FILL STOREFRONT SPACES IN DOWNTOWN. IN FY- 20, 44 NEW STREET LEVEL BUSINESSES OPENED, ADDING NEW JOBS AND EXPANDING TAX REVENUES WITH 16 NEW BUSINESSES HELPING TO BUILD CLUSTERS OR ADDRESS GAPS, WITH 10 OF THOSE NEW BUSINESSES BEING NEW RETAIL. DRA CONTINUED ITS PARTNERSHIP WITH WAKE TECH TO PROVIDE POP-UP SPACE TO MINORITY AND WOMEN- OWNED BUSINESSES WITH ONE SUCCESSFUL POP-UP ESTABLISHED THROUGH THE PROGRAM. DRA ALSO HELD 4 SMALL BUSINESS WORKSHOPS, INCLUDING ONE WORKSHOP FOCUSED SPECIFICALLY ON MINORITY AND WOMEN-OWNED BUSINESS SUPPORT. THE ECONOMIC DATA AND ANALYSIS TRACKING EACH YEAR IS THEN TRANSLATED INTO DRA'S STATE OF DOWNTOWN REPORT. THE REPORT INCLUDES MARKET TRENDS, POPULATION DATA AND PROJECTIONS, DATA ON DOWNTOWN DEVELOPMENT, AND OVERVIEWS OF EVERYTHING DOWNTOWN. THE REPORT COMPLIMENTS OUR STATE OF DOWNTOWN ANNUAL EVENT, ATTENDED BY OVER 600 OF DOWNTOWN'S TOP BUSINESS LEADERS AND MEMBERS OF THE COMMUNITY. DRA'S MARKETING PLATFORM SERVES TO ENGAGE OUR STAKEHOLDERS, INFLUENCERS, AND THE PUBLIC TO HEIGHTEN VISIBILITY OF OUR ORGANIZATION AND RECOGNIZE DOWNTOWN AS A VIBRANT AND VITAL URBAN CENTER. THE ALLIANCE PRODUCES 15 COMMUNICATION CAMPAIGNS AND 14 STAND-ALONE PROGRAM WEBSITES. THE WE ARE DOWNTOWN VIDEO SERIES, WHICH HIGHLIGHTED OVER A DOZEN SMALL BUSINESSES AND THEIR OWNERS, SERVED TO CONNECT RALEIGH'S COMMUNITY AS THE COVID-19 PANDEMIC GREW. DRA'S ANNUAL RESTAURANT WEEK, IG LIVE, AND SHOP LOCAL CAMPAIGNS SERVED AS FURTHER OUTREACH. IN ADDITION, THE ORGANIZATION HAS ATTRACTED CLOSE TO 192,000 FOLLOWERS THROUGH ITS FACEBOOK, TWITTER, INSTAGRAM, AND LINKEDIN ACCOUNTS FOR ORGANIZATIONAL AND INDIVIDUAL PROGRAM ACCOUNTS. THE DOWNTOWN APP WAS DOWNLOADED BY 1,006 INDIVIDUALS. THE DRA EVENTS CALENDAR AVERAGED 3,000 PAGE VIEWS PER MONTH DUE TO THE IMPACTS OF COVID-19 AND ASSOCIATED QUARANTINE PHASE. OVER 200 BUSINESSES WERE PROMOTED THROUGH DRA'S COMMUNICATIONS CHANNELS INCLUDING SOCIAL MEDIA ACCOUNTS AND NEWSLETTERS WITH A COMBINED MORE THAN 15,000 SUBSCRIBERS. DRA'S NEWSLETTER AVERAGE OPEN RATE IS HIGHER THAN THE INDUSTRY AVERAGE AT 22%. DRA ALSO BEGAN IMPLEMENTATION OF A ROBUST UPDATE OF THE WEBSITE DEVOTED TO COVID-19 RESOURCES. THESE RANGED FROM A COMPREHENSIVE LISTING OF RESTAURANT STATUS UPDATES, CURBSIDE PICKUP ZONES, HOW TO HELP, SMALL BUSINESS SUPPORT INFORMATION AND SMALL BUSINESS RESOURCES.
THE BALANCED ACTIVATIONS PROGRAM SERVES AS THE FACE OF THE ORGANIZATION TO THE COMMUNITY. IN FY-22, DOWNTOWN RALEIGH ALLIANCE HOSTED 86 OUTDOOR AND VIRTUAL EVENTS, ATTRACTING 68,674 ATTENDEES. MOORE SQUARE MARKET IS A 20- WEEK MARKET SERIES HELD EACH WEDNESDAY AT MOORE SQUARE TO ENHANCE THE QUALITY OF LIFE FOR DOWNTOWN RESIDENTS AND THE COMMUNITY AT LARGE, AND OFFERS EBT BENEFITS FOR THOSE IN NEED TO BE ABLE TO SHOP AND PURCHASE FRESH FOOD. DURING THIS FISCAL YEAR, MOORE SQUARE MARKET SAW AN INCREASE IN CUSTOMERS AND VENDORS. OTHER ACTIVATIONS AROUND DOWNTOWN, SUCH AS THE OUTDOOR OFFICE AND FLANNELS & FROST, DREW HEIGHTENED ATTENTION AND INTEREST AMONG THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill King President An | OfficerTrustee | 3 | $137,500 |
William Barfield Director | Trustee | 1 | $0 |
Monica Barnes Director | Trustee | 1 | $0 |
Adrienne Cole Ex-Officio | Trustee | 1 | $0 |
Janet Cowell Ex-Officio | Trustee | 1 | $0 |
Leon Cox Immediate Pa | Trustee | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
333 Ventures Llc | 6/29/22 | $133,882 |
Streetplus Company Llc | 6/29/22 | $399,345 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $25,601 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $32,079 |
All other contributions, gifts, grants, and similar amounts not included above | $493,035 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $550,715 |
Total Program Service Revenue | $1,777,012 |
Investment income | $103 |
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 | $2,444,068 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $49,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $137,500 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $777,246 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,793 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $37,602 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $75,265 |
Advertising and promotion | $131,026 |
Office expenses | $48,949 |
Information technology | $22,164 |
Royalties | $0 |
Occupancy | $132,116 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,066 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $25,339 |
Insurance | $8,699 |
All other expenses | $12,583 |
Total functional expenses | $2,373,390 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $178,261 |
Savings and temporary cash investments | $722,041 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $143,000 |
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 | $22,022 |
Net Land, buildings, and equipment | $77,695 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $37,195 |
Total assets | $1,180,214 |
Accounts payable and accrued expenses | $93,645 |
Grants payable | $0 |
Deferred revenue | $24,180 |
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 | $39,953 |
Total liabilities | $157,778 |
Net assets without donor restrictions | $1,022,436 |
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 | $1,180,214 |