Central Square Business Improvement District Inc

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

EIN: 842076384 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Central Square Business Improvement District Inc?

Central Square Business Improvement District Inc is a nonprofit organization situated in Cambridge, Massachusetts, specifically at 620 Massachusetts Avenue, 02139. Their primary mission is to enhance the aesthetic and functionality of public spaces within the Central Square area. This includes maintaining and upgrading streets, sidewalks, and incorporating landscaping, street furniture, decorations, and activities. The organization also encourages and facilitates public and private investments to improve street-level uses, aiming to bring additional resources to both existing and new businesses in the district. The nonprofit, with a team of 7 employees, strives to invigorate Cambridge's Central Square by providing additional management and resources for the maintenance and programming of the streets and public spaces.


Official website here: www.centralsq.org

Is Central Square Business Improvement District Inc legitimate?

Central Square Business Improvement District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Square Business Improvement District Inc 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: $192,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,356

For more financial information, click here


Official website here: www.centralsq.org

What is the mission statement of Central Square Business Improvement District Inc?

Central Square Business Improvement District Inc's mission is centered around revitalizing public spaces. It aims to enhance the aesthetics of these areas by implementing cleaning, management, and upgrades to streets and sidewalks. The initiative also involves adding landscaping, street furniture, decorations, and activities. Additionally, it encourages and coordinates both public and private investments to improve street-level uses. Furthermore, the organization seeks to bring additional resources to support existing businesses and attract new ones.


Official website here: www.centralsq.org

Who is the CEO of Central Square Business Improvement District Inc?

Michael S Monestime is the Chairman of Central Square Business Improvement District Inc.


Official website here: www.centralsq.org

What is the revenue of Central Square Business Improvement District Inc?

Central Square Business Improvement District Inc's revenue in 2022 was $2,519,554.


Official website here: www.centralsq.org

Who are the executives of Central Square Business Improvement District Inc and what are their salaries?

The average compensation at Central Square Business Improvement District Inc during 2022 was $62,728. There are 7 employees and 15 volunteers at Central Square Business Improvement District Inc.

Here are 19 key members and their salaries:

    Michael S Monestime (Executive Director)
  • Compensation: $121,250
  • Related: $0
  • Other: $0

    • Kenneth S Barron (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Metzger (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Barrett (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robyn Arruda (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Abele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eva Martin Bythe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Christina Ellow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Gerber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Morris Naggar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geeta Pradhan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Pratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert P Reardon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Rowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Ellis Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luis Cotto (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.centralsq.org

    Where can I find the form 990 for Central Square Business Improvement District Inc?

    The Central Square Business Improvement District Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.centralsq.org

    Learn more at the official website: www.centralsq.org

    Mission Statement of Central Square Business Improvement District Inc

    Central Square Business Improvement District Inc, in its mission, aims to revitalize the energy of Central Square by providing additional management and resources for the upkeep and programming of public spaces. This nonprofit organization seeks to enhance the aesthetic appeal of these areas by executing cleaning, maintenance, and upgrading tasks on streets, sidewalks, and other public spaces. To further improve the atmosphere, Central Square Business Improvement District Inc introduces landscaping, street furniture, decorations, and activities.

    In addition to these visual improvements, the nonprofit encourages and coordinates both public and private investments to enhance street-level uses. By doing so, Central Square Business Improvement District Inc brings additional resources to aid existing businesses and attract new ones to the area. Ultimately, the mission of Central Square Business Improvement District Inc is to create a more vibrant and inviting public environment, where both residents and visitors can enjoy the improved surroundings and benefit from the thriving businesses.

    Impact

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




    Saturday, July 20, 2024

    Central Square Business Improvement District Inc energizes Cambridge's Central Square by enhancing the look and feel of public spaces through cleaning, managing, and upgrading streets and sidewalks. They add landscaping, street furniture, decorations, and activities, coordinating and encouraging public and private investment to upgrade street-level uses. This organization brings additional resources to support existing businesses and attract new ones, ultimately contributing to the overall improvement of the 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: $0
  • Program Service Revenue: $1,326,260
  • Gross Receipts: $2,519,554

    • Assets and Liabilities:
  • Total Assets: $657,722
  • Total Liabilities: $409,667
  • Net Assets: $248,055
  • Programs

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

    ASSESSMENTS

    Revenue

    $1,133,210

    PARKING MANAGEMENT FEES

    Revenue

    $193,050

    Organization Details

    Founding Year

    2019

    Principal Officer

    Michael S Monestime

    Main Address

    620 MASSACHUSETTS AVENUE, CAMBRIDGE, MA, 021393378

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Central Square Business Improvement District Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.