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Central District Management Association

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

EIN: 141803886 ✦ Albany, NY ✦ Designated as a 501(c)(3)

Overview

What is Central District Management Association?

The Central District Management Association is a nonprofit organization situated in Albany, New York. Its primary mission is to revitalize the Central Avenue Business District. To accomplish this, they engage in economic development by recruiting and supporting businesses, offering assistance and guidance. Furthermore, they address crime and safety concerns within the district through a daily cleaning program as part of their safety and maintenance initiative. This program aims to enhance property and merchant conditions, ultimately contributing to the overall vitality of the Central Avenue Business District.


Official website here: www.centralbid.com

Is Central District Management Association legitimate?

Central District Management Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central District Management Association 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,640

For more financial information, click here


Official website here: www.centralbid.com

What is the mission statement of Central District Management Association?

The Central District Management Association is committed to restoring the viability of its business district. This is achieved through its corridor development program, which involves attracting and supporting economic growth. Furthermore, the association addresses crime and safety concerns related to property and merchants by operating a daily cleaning program as part of its safety and maintenance program. The association is dedicated to enhancing the overall well-being and success of its business district.


Official website here: www.centralbid.com

Who is the CEO of Central District Management Association?

Anthony Capece is the Board Chair of Central District Management Association.


Official website here: www.centralbid.com

What is the revenue of Central District Management Association?

Central District Management Association's revenue in 2022 was $713,635.


Official website here: www.centralbid.com

Who are the executives of Central District Management Association and what are their salaries?

The average compensation at Central District Management Association during 2022 was $25,164. There are 10 employees and 14 volunteers at Central District Management Association.

Here are 15 key members and their salaries:

    Anthony Capece (Executive Director)
  • Compensation: $120,000
  • Related: $0
  • Other: $0

    • David Parente (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Mortensen (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Sanders (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliott Rosen (Corporate Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darius Shahinfar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Vero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wonhyung Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Mirel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Scherzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Michael O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Zeoli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hyde Clarke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Reginelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.centralbid.com

    Where can I find the form 990 for Central District Management Association?

    The Central District Management Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.centralbid.com

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

    Mission Statement of Central District Management Association

    The Central District Management Association, in its mission, strives to revitalize the Central Avenue Business District. This nonprofit organization achieves this goal through its corridor development program, which entails attracting and aiding businesses in their growth within the district. Furthermore, the Central District Management Association addresses crime and safety concerns related to both property and merchants by implementing a daily cleaning program as part of its safety and maintenance program.

    Impact

    This information is meant to be a general summary of Central District Management Association. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Central District Management Association has a significant impact on the Albany community by working to restore the viability of the Central Avenue Business District. Through its corridor development program, the association recruits and assists in economic development, helping to revitalize the area and support local businesses. Additionally, their daily cleaning program addresses crime and safety issues, contributing to a safer and more inviting environment for both property owners and merchants. This proactive approach to community improvement plays a crucial role in enhancing the overall quality of life in Albany.





    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: $1,577
  • Program Service Revenue: $20,882
  • Gross Receipts: $713,635

    • Assets and Liabilities:
  • Total Assets: $3,183,103
  • Total Liabilities: $1,779,102
  • Net Assets: $1,404,001
  • Programs

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

    RENTAL INCOME

    Revenue

    $18,590

    MISCELLANEOUS REVENUE

    Revenue

    $2,292

    Organization Details

    Founding Year

    1998

    Principal Officer

    Anthony Capece

    Main Address

    176 CENTRAL AVE, ALBANY, NY, 12206

    NTEE Category

    Code: S20 - Community improvement

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