Noma Improvement Association
- Assets
- $4.4m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 33
- Location
- Washington, DC
- Founding
- 12/2007
- Data as of
- 09/2023
- EIN
- 76-0832248
Organization Overview
Noma Improvement Association, operating under the name Noma Business Improvement District, is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Noma Business Improvement District employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noma Business Improvement District 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 09/2023, Noma Business Improvement District generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $4.0m during the year ending 09/2023. While expenses have increased by 2.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE REVITALIZATION OF THE 35-BLOCK NEIGHBORHOOD JUST NORTH OF UNION STATION IN DC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC SPACE MAINTENANCE:THE ASSOCIATION PROVIDE A CLEAN TEAM THAT REMOVES TRASH, WEEDS, GRAFFITI SEDIMENT AND OTHER DEBRIS FROM THE STREETS AND SIDEWALKS ON A DAILY BASIS. THE ASSOCIATION ALSO HOSTS MONTHLY PUBLIC SAFETY MEETINGS WITH THE METROPOLITAN POLICE DEPARTMENT (MPD), OTHER LOCAL POLICE AND PROPERTY OWNERS TO ADDRESS LOCAL PUBLIC SAFETY CONCERNS. THE ASSOCIATION COORDINATES WITH MPD AND PUBLIC AND SOCIAL SERVICES AGENCIES TO ASSURE STREET CONDITIONS ARE CONDUCTIVE TO NEIGHBORHOOD'S VISITORS, WORKERS, AND RESIDENTS. HOSPITALITY AMBASSADORS PROVIDE A WELCOMING PRESENCE FOR THE NEIGHBORHOOD'S VISITORS, WORKERS, AND RESIDENTS. THEY ASSIST IN THE EXPERIENTIAL CONNECTIVITY OF THE NEIGHBORHOOD, PROMOTE EVENTS DISTRIBUTE BRANDED MATERIALS AND PROVIDE INFORMATION TO THE PUBLIC. THEY ALSO PROVIDE DIRECTIONS AND INFORMATION, ASSIST IN CONNECTING HOMELESS PERSONS WITH SERVICES, PROVIDE EVENT SUPPORT AND REPORT INFRASTRUCTURE ISSUES TO CITY AGENCIES.
EVENTS AND PROGRAMMING:NOMA BID ORGANIZES AND MANAGES MORE THAN 25 FREE COMMUNITY EVENTS EACH YEAR, INCLUDING AN AUTUMNAL PUMPKIN-CARVING FESTIVAL, CINOMATIC SPRING AND FALL OUTDOOR MOVIES, AN ANNUAL OUTDOOR LIVE MURAL FESTIVAL, MONTHLY OUTDOOR CONCERTS, A WEEKLY FARMERS MARKET, AND POP-UP ACTIVATIONS THROUGHOUT THE NEIGHBORHOOD. THESE EVENTS ATTRACT UPWARDS OF 25,000 PEOPLE TO THE NEIGHBORHOOD.
MARKETING:THE ASSOCIATION HEIGHTENS PUBLIC AWARENESS OF THE UNIQUE MIX OF COMMERCIAL, CULTURAL, RECREATIONAL, MONUMENTAL, AND GOVERNMENTAL ASSETS IN NOMA. WORKING IN CONJUNCTION WITH NEIGHBORHOOD BUSINESSES AND DEVELOPERS, THE ASSOCIATION PROMOTES NOMA AS A VIBRANT AND ENGAGING COMMUNITY THROUGH A BI-WEEKLY NEWSLETTER, MEDIA OUTREACH, BROCHURES, MAPS, WEBSITE AND MORE, PROVIDING INFORMATION TO RESIDENTS, WORKERS, AND VISITORS ON NOMA AREA ACTIVITIES, DEVELOPMENT, AND MARKETS.
ECONOMIC DEVELOPMENT:THE ASSOCIATION TRACKS A WIDE RANGE OF DATA ON NOMA'S RESOURCES, GROWTH, AND DEMOGRAPHICS TO HELP INFORM PROSPECTIVE INVESTORS, TENANTS AND OTHER GROUPS ABOUT NOMA'S ATTRIBUTES. THE DATA PROVIDES INFORMATION ABOUT GROWTH IN NOMA AND IDENTIFIES POTENTIAL PROJECTS AND INITIATIVES OF IMPORTANCE. SOME KEY METRICS TRACKED ARE BUILT SPACE AND ITS DEDICATED USES, TENANCY, MODE SPLITS AND POPULATION GROWTH. THIS INFORMATION IS CRITICAL TO ACCURATELY PROJECTING DEMANDS ON INFRASTRUCTURE AND PUBLIC SPACE TO OUR PARTNERS IN THE DISTRICT OF COLUMBIA GOVERNMENT AND THE PRIVATE SECTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Uwe Brandes At-Large | Trustee | 0.25 | $0 |
Thomas Cicotello At-Large | Trustee | 0.25 | $0 |
Christopher Lynch At-Large | Trustee | 0.25 | $0 |
Matthew Robinson Vice-Chair | OfficerTrustee | 0.5 | $0 |
Anne Shimabukuro Treasurer | OfficerTrustee | 0.25 | $0 |
Eric Shin At-Large | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Block By Block Cleaning Services | 9/29/19 | $525,785 |
Design Communication Ltd Manufacturing | 9/29/19 | $126,820 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $213,234 |
| 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 | $213,234 |
| Total Program Service Revenue | $3,535,603 |
| Investment income | $40,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,450 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,812,614 |
| 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. | $682,627 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,225,075 |
| Pension plan accruals and contributions | $59,674 |
| Other employee benefits | $135,889 |
| Payroll taxes | $172,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,227 |
| Fees for services: Accounting | $109,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $496,318 |
| Advertising and promotion | $52,544 |
| Office expenses | $210,431 |
| Information technology | $186,936 |
| Royalties | $0 |
| Occupancy | $266,914 |
| Travel | $30,926 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,943 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $71,489 |
| Insurance | $26,146 |
| All other expenses | $108,645 |
| Total functional expenses | $3,998,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,130,191 |
| Savings and temporary cash investments | $1,850,523 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $725,886 |
| 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 | $84,588 |
| Net Land, buildings, and equipment | $416,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $69,717 |
| Other assets | $77,581 |
| Total assets | $4,354,721 |
| Accounts payable and accrued expenses | $314,088 |
| Grants payable | $0 |
| Deferred revenue | $2,210,082 |
| 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 | $76,863 |
| Total liabilities | $2,601,033 |
| Net assets without donor restrictions | $1,753,688 |
| 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 | $4,354,721 |
Grants Awarded
Over the last fiscal year, Noma Improvement Association has awarded $15,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH CAPITOL MAIN STREET PURPOSE: ART ALL NIGHT EVENT SUPPORT | $5,000 |
PATHWAYS TO HOUSING DC PURPOSE: ANNUAL BREAKFAST FUNDRAISER | $5,000 |
PROUST PARTNERS LLC DBA WUNDER GARTEN PURPOSE: SPONSORSHIP FOR WINTERFEST AT WUNDER GARTEN. ACTIVATION OF A 2.5 WEEK LONG MADE-IN-DC POP-UP HOLIDAY MARKET AND CHRISTMAS TREE MARKET. | $5,000 |