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Mckinney Downtown Business Re-Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043615798 ✦ Mckinney, TX ✦ Designated as a 501(c)(3)

Overview

What is Mckinney Downtown Business Re-Development Corp?

Mckinney Downtown Business Re-Development Corp is a nonprofit organization situated in the heart of McKinney, Texas, at 111 N Tennessee St. Their primary mission is to uphold and improve the vitality of the downtown area by means of economic redevelopment, design, organization, and promotion. This mission is part of McKinney's Main Street Program, a nationwide initiative originating from the National Trust for Historic Preservation. By fostering this vibrant downtown community, the corporation aims to contribute positively to the economic growth and overall appeal of the area, employing a team of one dedicated individual.


Official website here: www.downtownmckinney.com

Is Mckinney Downtown Business Re-Development Corp legitimate?

Mckinney Downtown Business Re-Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mckinney Downtown Business Re-Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.downtownmckinney.com

What is the mission statement of Mckinney Downtown Business Re-Development Corp?

The Mckinney Downtown Business Re-Development Corp's mission is centered around preserving and enhancing the vitality of a downtown area. They accomplish this through economic revitalization, design, organization, and promotion, all as part of the Main Street Program. This national initiative, originating from the National Trust for Historic Preservation, serves as the foundation for their efforts. Their primary objective is to promote the historical downtown community and its businesses, fostering their growth and development.


Official website here: www.downtownmckinney.com

Who is the CEO of Mckinney Downtown Business Re-Development Corp?

Andrew Jones is the President of Mckinney Downtown Business Re-Development Corp.


Official website here: www.downtownmckinney.com

What is the revenue of Mckinney Downtown Business Re-Development Corp?

Mckinney Downtown Business Re-Development Corp's revenue in 2022 was $1,220,213.


Official website here: www.downtownmckinney.com

Who are the executives of Mckinney Downtown Business Re-Development Corp and what are their salaries?

There are 1 employees and 300 volunteers at Mckinney Downtown Business Re-Development Corp.

Here are 10 key members and their salaries:

    Robert Hamilton (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ginger Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Willmarth (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Taylor Phelan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Wilkes (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Pyeatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Preston Schwalls (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Von Daniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Toby Thomason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.downtownmckinney.com

    Where can I find the form 990 for Mckinney Downtown Business Re-Development Corp?

    The Mckinney Downtown Business Re-Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.downtownmckinney.com

    Learn more at the official website: www.downtownmckinney.com

    Mission Statement of Mckinney Downtown Business Re-Development Corp

    The Mckinney Downtown Business Re-Development Corp, in alignment with the National Trust for Historic Preservation's Main Street Program, is committed to maintaining and enhancing the vitality of its downtown area. This is achieved through strategic economic redevelopment, design, organization, and promotion efforts. The organization's mission is centered around revitalizing the downtown community, fostering a thriving business environment, and preserving the historical charm that defines the area. By embracing these principles, the Mckinney Downtown Business Re-Development Corp contributes to the overall prosperity of the downtown district.

    Impact

    This information is meant to be a general summary of Mckinney Downtown Business Re-Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Mckinney Downtown Business Re-Development Corp has had a significant impact on the historical downtown community of McKinney, Texas. By focusing on economic redevelopment, design, organization, and promotion as part of McKinney's Main Street program, they have helped maintain and enhance a vibrant downtown area. Their efforts have not only preserved the historical charm of the area but also supported local businesses and fostered a sense of community pride. Through their dedication to promoting the arts and revitalizing the downtown area, Mckinney Downtown Business Re-Development Corp has played a crucial role in the ongoing success and growth of the McKinney community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $165
  • Program Service Revenue: $1,220,048
  • Gross Receipts: $1,220,213

    • Assets and Liabilities:
  • Total Assets: $578,038
  • Total Liabilities: $148,855
  • Net Assets: $429,183
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Arts in Bloom

    Revenue

    $140,349

    Home for the Holidays

    Revenue

    $305,136

    Oktoberfest

    Revenue

    $543,548

    Other special events

    Revenue

    $48,094

    TX Music Revolution

    Revenue

    $113,565

    Organization Details

    Founding Year

    2002

    Principal Officer

    Andrew Jones

    Main Address

    111 N Tennessee St, McKinney, TX, 75069

    NTEE Category

    Code: A80 - Arts

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