Downtown Miami Partnership Inc
- Assets
- $44.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Miami, FL
- Founding
- 12/1977
- Data as of
- 09/2023
- EIN
- 59-1743641
Organization Overview
Downtown Miami Partnership Inc is located in Miami, FL. The organization was established in 1977. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Downtown Miami Partnership Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Miami Partnership 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 09/2023, Downtown Miami Partnership Inc generated $69.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $67.9k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS PURPOSE IS TO ENHANCE THE QUALITY OF LIFE IN DOWNTOWN MIAMI THROUGH BUILDING IMPROVEMENTS, BEAUTIFICATION AND PROMOTIONS.
Describe the Organization's Program Activity:
Part 3
COMMERCIAL FACADES-HELP DOWNTOWN MERCHANTS IMPROVE THEIR STORES BY RENOVATING THEIR FACADES (COST SHARED BY GOVERNMENT AND MERCHANTS)
OTHER GRANTS
COMMERCIAL FACADES-HELP DOWNTOWN MERCHANTS IMPROVE THEIR STORES BY RENOVATING THEIR FACADES (COST SHARED BY GOVERNMENT AND MERCHANTS)
OTHER GRANTS
CRA GRANTS-A BUILDING REHABILITATION GRANT FOR PROPERTIES LOCATED IN THE MIAMI COMMUNITY REDEVELOPMENT AGENCY'S JURISDICTION.
CRA GRANTS-A BUILDING REHABILITATION GRANT FOR PROPERTIES LOCATED IN THE MIAMI COMMUNITY REDEVELOPMENT AGENCY'S JURISDICTION.
PROMOTE DOWNTOWN LIVING AND SUPPORT LOCAL EVENTS FOR RESIDENTS TO ENHANCE QUALITY OF LIFE.
PROMOTE DOWNTOWN LIVING AND SUPPORT LOCAL EVENTS FOR RESIDENTS TO ENHANCE QUALITY OF LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrell Fritz Executive Director | 20 | $65,875 | |
Dylan Finger President/chair | 4 | $0 | |
Daniel Pena Giraldi Vice President/vice-Chair | 4 | $0 | |
Sergio Rok Secretary | 4 | $0 | |
Gary Ressler Treasurer | 4 | $0 | |
Randy Alonso Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $69,750 |
| Investment income | $0 |
| Gain or Loss | -$545 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,205 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $65,875 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $552 |
| Other expenses | $1,436 |
| Total expenses | $67,863 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,168 |
| Other assets | $0 |
| Total assets | $44,318 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,318 |