Nashville District Management Corporation Inc
- Assets
- $1.6m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 06/2002
- Data as of
- 12/2021
- EIN
- 62-1747009
Organization Overview
Nashville District Management Corporation Inc is located in Nashville, TN. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville District Management Corporation 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 12/2021, Nashville District Management Corporation Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 12.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE IMPROVEMENTS AND PROVIDE PROJECTS AND SERVICES WITHIN AND FOR DOWNTOWN NASHVILLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR GREATEST EFFICIENCY, NDMC ENGAGES THE NASHVILLE DOWNTOWN PARTNERSHIP TO PROVIDE SUPPLEMENTAL CLEANING AND SAFETY SERVICES IN ADDITION TO LANDSCAPING BEAUTIFICATION PROJECTS AND DISTRICT MARKETING THROUGH SOCIAL MEDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabth Mayhill Secretary/treasurer | OfficerTrustee | 1 | $0 |
Brian Reames Chairman | OfficerTrustee | 1 | $0 |
Mike Tidwell Vice Chairman | OfficerTrustee | 1 | $0 |
Thomas Turner Executive Director | Officer | 2 | $0 |
Richard Fletcher Board Member | Trustee | 1 | $0 |
Will Freeman Board Member | Trustee | 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 | $4,689,135 |
| Investment income | $3,563 |
| 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 | $4,692,698 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,132,770 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $3,907 |
| All other expenses | $20 |
| Total functional expenses | $4,146,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $247,514 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $883,933 |
| 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 | $326,455 |
| Net Land, buildings, and equipment | $110,706 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,568,608 |
| Accounts payable and accrued expenses | $111,084 |
| Grants payable | $219,254 |
| 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 | $330,338 |
| Net assets without donor restrictions | $1,238,270 |
| 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 | $1,568,608 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nashville District Management Corporation Inc has recieved totaling $19,250.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $19,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky River Foothills Development Council Inc Richmond, KY | $12,381,295 | $19,871,173 |
Community Action Of Southern Kentucky Incorporated Bowling Green, KY | $10,381,389 | $18,999,181 |
Northern Kentucky Community Action Commisson Inc Covington, KY | $8,823,439 | $18,121,235 |
Jefferson Franklin Community Action Corporation Hillsboro, MO | $6,544,452 | $18,340,130 |
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 |
Northwest Arkansas Council Foundation Springdale, AR | $9,473,428 | $13,530,717 |
Coastal Community Action Inc Newport, NC | $6,264,251 | $13,623,681 |
South Central Missouri Community Action Agency Winona, MO | $9,962,741 | $13,195,865 |
Community Action Agency Of St Louis County Inc Overland, MO | $8,798,142 | $11,519,810 |
Golden Triangle Planning & Development District Inc Starkville, MS | $16,192,589 | $11,220,298 |