NonprofitsCentral District Management Assocation

Community Improvement & Capacity Building

Central District Management Assocation

ALBANY, NY

Total revenue

$957K

Total expenses

$1.2M

Net assets

$1.3M

Grants received

$60K

2 grants

EIN

141803886

Tax year

2024

Mission

Restore viability of central avenue business district

Programs

2 programs

Avenew 2000 this program constitutes the long standing strategic revitalization plan for the central avenue commercial corridor in the city of albany prepared for the central business improvement district (cbid) in september 2000. It is the ongoing work plan used by the organization to advance its mission. The plan's primary purpose is to provide a blueprint for the successful repositioning of central avenue by creating a new identity for the 2.9-mile commercial "main street."

Expenses: $234KGrants: $149K

Steam garden this program encompasses the development and operation of the 279 central avenue property. Activities include primarily the supervision of the construction and future program planning of the building.

Expenses: $328KGrants: $54K

Financials

FY 2024

Revenue

Contributions & grants$899K
Program service revenue$57K
Investment income$491
Other revenue
Total revenue$957K

Expenses

Grants paid$297K
Salaries & benefits$371K
Fundraising
Other expenses$511K
Total expenses$1.2M
Total assets$3.0M
Net assets$1.3M

People

16 listed

NameRoleCompensation

ANTHONY CAPECE

EXECUTIVE DIRECTOR

Board

$125K

40 hrs/wk

KEN MORTENSEN

VICE CHAIR

Board

5 hrs/wk

DAN SANDERS

CORPORATE TREASURER

Board

5 hrs/wk

ELLIOTT ROSEN

CORPORATE SECRETARY

Board

5 hrs/wk

DARIUS SHAHINFAR

DIRECTOR

Board

5 hrs/wk

JOHN VERO

DIRECTOR

Board

5 hrs/wk

WONHYUNG LEE

DIRECTOR

Board

5 hrs/wk

ASHLEY MOHL

DIRECTOR

Board

5 hrs/wk

JONATHAN SCHERZER

DIRECTOR

Board

5 hrs/wk

HON MICHAEL O'BRIEN

DIRECTOR

Board

5 hrs/wk

PETER HUGHES

DIRECTOR

Board

5 hrs/wk

FRANK ZEOLI

DIRECTOR

Board

5 hrs/wk

HYDE CLARKE

DIRECTOR

Board

5 hrs/wk

CHIEF ERIC HAWKINS

DIRECTOR

Board

5 hrs/wk

DAVID PARENTE

CHAIR

Board

5 hrs/wk

JEFF MIREL

DIRECTOR

Board

5 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$50K
PPE, FOOD, HOUSING AND EMERGENCY AID ASSISTANCE
2020
$10K
BUILDING FACADE GRANT PROGRAM
2019

Funded by

$60K from 2 funders · 2 grants · 2019–2020

Capitalize Albany Corporation

$10K · 1 grant · 2019

Details

EIN141803886
NTEE codeS20
Subsection03
Ruling date1999-02
Formed1998
Employees6
Volunteers15
CENTRAL DISTRICT MANAGEMENT ASSOCATION — Mission, Financials & Grants Received | Grantivo