East Loop Community Improvement District is located in St Louis, MO. The organization was established in 2018. 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. East Loop Community 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, East Loop Community Improvement District generated $667.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $657.7k during the year ending 06/2023. 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
THE EAST LOOP COMMUNITY IMPROVEMENT DISTRICT (CID)'S MISSION IS TO PROVIDE SERVICES AND IMPROVEMENTS AUTHORIZED UNDER THE CID ACT, INCLUDING WITHOUT LIMITATION FURTHERING ECONOMIC DEVELOPMENT, ENHANCING PUBLIC SAFETY, AND MAINTAINING AND IMPROVING INFRASTRUCTURE WITHIN THAT PORTION OF THE CITY OF ST. LOUIS, MISSOURI, THAT IS LOCATED WITHIN THE CID'S BOUNDARIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE FISCAL YEAR 2022-2023, THE EAST LOOP COMMUNITY IMPROVEMENT DISTRICT (CID) CONTINUED ITS DEDICATED EFFORTS TO MANAGE MAINTENANCE, SECURITY, AND ECONOMIC DEVELOPMENT WITHIN ITS DISTRICT BOUNDARIES. THE CID'S COMMITMENT TO ENHANCING THE SAFETY, APPEARANCE, AND VITALITY OF THE AREA REMAINED STEADFAST THROUGH A SERIES OF INITIATIVES.MAINTENANCE REMAINED A TOP PRIORITY, WITH REGULAR TRASH PICK-UP THREE DAYS A WEEK, ONGOING LANDSCAPING IN PUBLIC AREAS, AND THE NECESSARY UPKEEP OF THE PUBLIC PARKING LOT IN THE 5800 BLOCK OF DELMAR, WHICH IS LEASED FROM THE MISSOURI HISTORY MUSEUM. NOTABLY, THE CID PARTNERED WITH THE LOCAL NON-PROFIT ORGANIZATION STL ARTWORKS TO LAUNCH THE TRASH CAN REPURPOSING PROGRAM, SUCCESSFULLY DIVERTING TWO TONS OF CONCRETE FROM LANDFILLS WHILE CREATING 10 NEW PLANTERS FILLED WITH NATIVE PLANTS.SECURITY MEASURES WERE BOLSTERED WITH THE INTRODUCTION OF A NEW SCANNABLE TOKEN PROGRAM FOR SECONDARY FORCES, ALLOWING FOR EFFICIENT BUSINESS CHECKS. THE INSTALLATION OF PARK SMART SIGNS FURTHER ENHANCED SECURITY, AND COLLABORATION WITH SECURITY CONSULTANTS AND LOCAL POLICE FORCES EXTENDED OUTREACH AND RESOURCES FOR UNHOUSED INDIVIDUALS. THE COMPREHENSIVE SECURITY PLAN CONTINUED TO INCLUDE POLICE PATROLS AND FOOT PATROLS WITH UNARMED GUARDS, THANKS TO SUPPORT FROM A GRANT PROVIDED BY WASHINGTON UNIVERSITY.IN TERMS OF EVENTS, THE CID CELEBRATED THE CULTURE AND CUISINE OF THE COMMUNITY WITH A SUCCESSFUL CINCO DE MAYO TACO CRAWL. THE ANNUAL JUNETEENTH AND KWANZA CELEBRATIONS CONTINUED TO ATTRACT VISITORS AND GARNER POSITIVE MEDIA COVERAGE. SMALL BUSINESS SATURDAY WAS ACTIVELY SUPPORTED IN NOVEMBER, AND HOLIDAY PROMOTIONS ADDED TO THE FESTIVE SPIRIT. THE COMMUNITY ALSO CELEBRATED 314 DAY AND BLACK OWNED BUSINESS MONTH, HIGHLIGHTING AND SUPPORTING LOCAL BLACK-OWNED BUSINESSES.ECONOMIC DEVELOPMENT INITIATIVES INCLUDED A RETAIL POP-UP PROGRAM TO FILL VACANT SPACES AND STIMULATE GROWTH, AS WELL AS THE RELEASE OF A MARKET REPORT WITH A STRATEGIC PLAN FOR THE DISTRICT'S ECONOMIC FUTURE. A REFINED MARKETING STRATEGY WAS IMPLEMENTED TO ATTRACT MORE VISITORS AND BUSINESSES, AND BUSINESSES IN THE DISTRICT WERE OFFERED FREE ADVERTISING OPPORTUNITIES ON THE LOOP TROLLEY TO INCREASE THEIR VISIBILITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Mastin President | OfficerTrustee | 3 | $0 |
Joe Edwards Vice President | OfficerTrustee | 4 | $0 |
Joanna Schooler Secretary / Treasurer | OfficerTrustee | 1 | $0 |
John Langa Member | Trustee | 1 | $0 |
Qui Tran Member | Trustee | 1 | $0 |
Reginald Scott Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $23,122 |
All other contributions, gifts, grants, and similar amounts not included above | $99,507 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $122,629 |
Total Program Service Revenue | $0 |
Investment income | $1,536 |
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 | $667,834 |
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. | $141,559 |
Compensation of current officers, directors, key employees. | $26,753 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,928 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,500 |
Fees for services: Accounting | $8,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $66,040 |
Office expenses | $1,264 |
Information technology | $103 |
Royalties | $0 |
Occupancy | $31,159 |
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 | $5,467 |
All other expenses | $173 |
Total functional expenses | $657,710 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $393,341 |
Savings and temporary cash investments | $117,639 |
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 | $510,980 |
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 | $510,980 |
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 | $510,980 |