Downtown Caldwell Business Improvement District Inc

Organization Overview

Downtown Caldwell Business Improvement District Inc is located in Caldwell, ID. The organization was established in 2018. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Downtown Caldwell Business Improvement District Inc 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 12/2021, Downtown Caldwell Business Improvement District Inc generated $279.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $292.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DOWNTOWN CALDWELL BUSINESS IMPROVEMENT DISTRICT, INC. WAS ESTABLISHED TO ADMINISTER AND EXPEND BUSINESS IMPROVEMENT DISTRICT FUNDS IN DOWNTOWN CALDWELL. THE ORGANIZATION WAS APPOINTED BY THE CITY OF CALDWELL TO ACCOMPLISH THE GOALS OF THE BUSINESS IMPROVEMENT DISTRICT INCLUDING, BUT NOT LIMITED TO: 1. PROMOTING PUBLIC EVENTS WITHIN THE DISTRICT 2. PROMOTING RETAIL TRADE, AND PROFESSIONAL ACTIVITIES WITHIN THE DISTRICT 3. MANAGE, DEVELOP, AND PROMOTE THE DISTRICT 4. RECRUIT NEW BUSINESSES AND ASSIST WITH REDEVELOPMENT WITHIN THE DISTRICT 5. UNDERTAKE OR PARTICIPATE IN OTHER ACTIVITIES DEEMED NECESSARY OR DESIRABLE FOR THE DISTRICT. 6. IMPROVE THE PHYSICAL APPEARANCE OF THE DISTRICT 7. FUND OPERATIONS OF THE INDIAN CREEK PLAZA

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S PROGRAM SERVICES ARE ACCOMPLISHED THROUGH GRANTS AWARDED TO DESTINATION CALDWELL, INC. DESTINATION CALDWELL MANAGES INDIAN CREEK PLAZA IN DOWNTOWN CALDWELL THROUGH AN OPERATING AGREEMENT WITH THE CITY OF CALDWELL. DURING 2021, THE PLAZA HELD 267 EVENTS AND ACTIVITIES DRAWING APPROXIMATELY 300,000 PEOPLE, OF WHICH 45,000 WERE SKATING PATRONS. THE PLAZA HOSTS EVENTS SUCH AS CONCERT SERIES, FARMER'S MARKET, FITNESS ACTIVITIES, EDUCATIONAL OUTREACH, MOVIES, FAMILY ENTERTAINMENT, WINTER WONDERLAND, INDIAN CREEK FESTIVAL, AND OTHER CULTURAL EVENTS THROUGHOUT THE YEAR AND A PUBLIC ICE SKATING RINK DURING THE WINTER MONTHS. A VISITOR INFORMATION CENTER IS OPEN TO PROVIDE INFORMATION ON THE SURROUNDING COMMUNITY. IN ADDITION, DESTINATION CALDWELL DESIGNED AND IMPLEMENTED ADVERTISING AND PROMOTIONAL ACTIVITIES TO STIMULATE AGRITOURISM SPECIFICALLY THROUGH THE IMPLEMENTATION OF A PROGRAM CALLED "AGVENTURE TRAIL", CONNECTED LOCAL FARMERS, CONSUMERS, AND DOWNTOWN BUSINESSES THROUGH THE "FARM TO FORK- AND "FARM TO CORK" INITIATIVES AND EXPANDED THE AVAILABILITY OF FRESH, LOCAL FOOD TO LOW-INCOME FAMILES THROUGH A PARTNERSHIP WITH THE IDAHO FARMER'S MARKET. DESTINATION CALDWELL MANAGED SPECIAL PROJECTS AIMED TOWARDS IMPROVING THE BEAUTIFICATION AND CLEANLINESS OF THE PLAZA WHILE CONTINUING TO RECRUITE NEW BUSINESSES TO THE DISTRICT, PROVIDE BUSINESSES WITH FINANCIAL AND PROMOTIONAL RESOURCES DURING THE PANDEMIC, AND PROMOTE RETAIL TRADE AND PROFESSIONAL ACTIVITIES IN THE DISTRICT AND SURROUNDING COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Jesse Harris
Treasurer
$0
Jeff Hunsicker
President
$0
Shawn Maybon
Vice Preside
$0
Dan Norman
Secretary
$0
Warren Kouba
Board Member
$0
Raquel Garcia
Board Member
$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$278,992
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$278,992
Total Program Service Revenue$0
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 $278,992

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