Belmont District Management Association Inc

Organization Overview

Belmont District Management Association Inc is located in Bronx, NY. The organization was established in 2011. 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. As of 06/2022, Belmont District Management Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmont District Management Association 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 06/2022, Belmont District Management Association Inc generated $698.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $523.0k during the year ending 06/2022. While expenses have increased by 0.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTING THE BUSINESS IMPROVEMENT DISTRICT. BELMONT DMAS FOCUS AREAS ARE SANITATION, SECURITY, MARKETING AND PROMOTION, CULTURAL PROGRAMMING AND STREETSCAPE IMPROVEMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MARKETING AND PROMOTION SERVICES INCLUDE PROMOTING AND EXPANDING THE ECONOMIC WELLBEING OF THE BUSINESS COMMUNITY, AND THE COMMUNITY AT LARGE, BY PROMOTION OF THE LITTLE ITALY IN THE BRONX BRAND, OUR STRONG ETHNIC HERITAGE, AND LEADERSHIP IN THE CULINARY MARKETPLACE, AND BY LEVERAGING THE MERCANTILE, SOCIAL, POLITICAL AND CULTURAL ASSETS WITHIN AND AROUND THE COMMUNITY.


SECURITY SERVICES INCLUDE UNARMED SECURITY GUARD FOOT PATROL OF THE DISTRICT, MONITORING SECURITY CAMERAS AND WORKING WITH THE LOCAL 48TH PRECINCT ON SAFETY, SECURITY, AND QUALITY OF LIFE ISSUES.


SANITATION SERVICES INCLUDE CLEANING OF THE SIDEWALKS, TREE PITS, FIRE HYDRANTS AND GUTTER 18 INCHES INTO THE STREET, EMPTYING AND RE-LINING OF THE TRASH RECEPTACLES, REMOVAL OF POSTERS AND GRAFFITI FROM STREET FURNITURE, AND SNOW REMOVAL FROM CATCH BASIN, CROSS WALKS, INTERSECTIONS, AND FIRE HYDRANTS WITHIN THE DISTRICT.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $130,331
All other contributions, gifts, grants, and similar amounts not included above$76,239
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$206,570
Total Program Service Revenue$490,793
Investment income $885
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 $698,248

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Belmont District Management Association Inc has recieved totaling $15,000.

Awarding OrganizationAmount
St Barnabas Hospital

Bronx, NY

PURPOSE: GENERAL SUPPORT

$15,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or