Midtown Business Association Inc
- Assets
- $5.0m
- Revenue
- $10.8m
- Investments
- $0.0
- Employees
- 94
- Location
- Atlanta, GA
- Founding
- 01/1979
- Data as of
- 12/2021
- EIN
- 58-1341100
Organization Overview
Midtown Business Association Inc, operating under the name Midtown Alliance, is located in Atlanta, GA. The organization was established in 1979. 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. As of 12/2021, Midtown Alliance employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midtown Alliance 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, Midtown Alliance generated $10.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $10.8m during the year ending 12/2021. While expenses have increased by 6.0% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILD A VIBRANT URBAN COMMUNITY, ESTABLISHING MIDTOWN ATLANTA AS A PREMIERE DESTINATION FOR COMMERCE, CULTURE, EDUCATION, LIVING, AND LEISURE.
Describe the Organization's Program Activity:
IMPROVEMENT PROJECTS: EXPENSES FOR MIDTOWN ATLANTA CAPITAL PROJECTS TO IMPROVE PUBLIC STREETS AND STREETSCAPES, CREATE PUBLIC PLAZAS AND OPEN SPACES, ENHANCE BRIDGES AND OTHER GATEWAY ACCESS POINTS, AND IMPROVE TRANSPORTATION SYSTEMS.
PUBLIC SAFETY: EXPENSES FOR FULL-TIME PUBLIC SAFETY FORCE INCLUDING OFF-DUTY CITY POLICE OFFICERS, WHO PATROL STREETS AND HELP COORDINATE AND FOCUS LAW ENFORCEMENT ACTIVITIES TO ENHANCE PUBLIC SAFETY THROUGH INCREASED VISIBILITY, REDUCED CRIME, CODE ENFORCEMENT AND QUICK RESPONSES TO EMERGENCIES. EXPENSES ALSO INCLUDE THE OPERATION AND MAINTENANCE OF A SURVEILLANCE CAMERA SYSTEM COVERING NUMEROUS PUBLIC STREETS AND INTERSECTIONS IN MIDTOWN ATLANTA.
STREETSCAPE MAINTENANCE: EXPENSES TO MAINTAIN MIDTOWN ATLANTA CAPITAL IMPROVEMENTS INCLUDING SIDEWALK CLEANING, TRASH AND GRAFFITI REMOVAL, BEAUTIFICATION PROJECTS AND COMPREHENSIVE STREETSCAPE MAINTENANCE INCLUDING SIDEWALKS AND CROSSWALKS, STREET TREES AND LIGHTS, MEDIANS, STREET FURNITURE, TRASH AND RECYCLING BINS, AND PET WASTE STATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Green President & CEO | OfficerTrustee | 60 | $483,705 |
Norman Mckay CFO | Officer | 40 | $157,240 |
Marcus Neville Director, Public Safety & Oper | 40 | $145,475 | |
Cladie Washburn Director, Capital Projects | 40 | $141,820 | |
Virginia Kennedy Director, Urban Design | 40 | $138,250 | |
Dan Hourigan Director, Transp. & Sustain. | 40 | $135,253 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Magnum Companies Ltd Exterior Lighting | 12/30/21 | $268,425 |
Arm Program Management Project Management | 12/30/21 | $144,382 |
Kimley-horn And Associates Civil Engineering | 12/30/21 | $423,174 |
Ruppert Landscape Inc Landscaping | 12/30/21 | $214,446 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $709,550 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,305,319 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,873 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,076,742 |
| Total Program Service Revenue | $745,760 |
| Investment income | $23,274 |
| 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 | $10,845,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,740 |
| 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. | $691,430 |
| Compensation of current officers, directors, key employees. | $224,035 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,256,020 |
| Pension plan accruals and contributions | $86,760 |
| Other employee benefits | $365,415 |
| Payroll taxes | $273,573 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,825 |
| Fees for services: Accounting | $30,600 |
| Fees for services: Lobbying | $20,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $513,529 |
| Advertising and promotion | $59,578 |
| Office expenses | $71,677 |
| Information technology | $89,768 |
| Royalties | $0 |
| Occupancy | $333,822 |
| Travel | $5,351 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,150 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $219,550 |
| Insurance | $239,564 |
| All other expenses | $613,932 |
| Total functional expenses | $10,845,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $555 |
| Savings and temporary cash investments | $3,318,982 |
| Pledges and grants receivable | $22,209 |
| Accounts receivable, net | $93,844 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $566 |
| Prepaid expenses and deferred charges | $88,483 |
| Net Land, buildings, and equipment | $421,738 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,006,179 |
| Total assets | $4,952,556 |
| Accounts payable and accrued expenses | $2,422,014 |
| Grants payable | $0 |
| Deferred revenue | $590,443 |
| 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 | $3,012,457 |
| Net assets without donor restrictions | $1,940,099 |
| 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 | $4,952,556 |
Grants Awarded
Over the last fiscal year, Midtown Business Association Inc has awarded $35,563 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: EVENT BENEFICIARY | $10,428 |
Atlanta, GA PURPOSE: Help Sponsor Event | $7,000 |
Atlanta, GA PURPOSE: EVENT BENEFICIARY | $6,977 |
Atlanta, GA PURPOSE: Help Sponsor Events | $5,900 |
Atlanta, GA PURPOSE: EVENT BENEFICIARY | $5,258 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
Serc Reliability Corporation Charlotte, NC | $16,241,101 | $25,718,150 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
Motor & Equipment Manufacturers Association Research Triangle Park, NC | $37,966,318 | $17,239,678 |
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
Icamr Inc Neocity, FL | $16,807,579 | $18,482,877 |