NonprofitsDowntown Morgan Hill Improvement District

Downtown Morgan Hill Improvement District

MORGAN HILL, CA

Total revenue

$255K

Total expenses

$181K

Net assets

$171K

Grants received

EIN

883740933

Tax year

2024

Mission

The goal of the Downtown Morgan Hill Improvement District is to maintain the Downtown District as a safe and inviting environment, attract more tenants and shoppers, increase property values, and stabilize occupancy. The company will provide Clean and Safe programs, Capital Improvements, Art Installations, Marketing, Special Events, and related Management and Administration directly and only to assessed parcels within the Downtown boundary. This entity will have the ability to leverage parcel owners investment with additional public investment to provide the financial resources necessary to develop and implement a focused strategy to support existing and future businesses and patrons in Downtown Morgan Hill.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$267K
Investment income$1K
Other revenue
Total revenue$255K

Expenses

Grants paid
Salaries & benefits$21K
Fundraising
Other expenses$160K
Total expenses$181K
Total assets$171K
Net assets$171K

People

9 listed

NameRoleCompensation

CHRIS GHIONE

Director

Board

2 hrs/wk

FRANK LEAL

Director

Board

2 hrs/wk

HONNIE MURPHY

Director

Board

2 hrs/wk

LARRY CARR

Director

Board

2 hrs/wk

ROSY BERGIN

Director

Board

2 hrs/wk

SAM CARLSON

Director

Board

2 hrs/wk

DAN McCRANIE

Chairman

Board

2 hrs/wk

ERIC WALLACE

Treasurer

Board

2 hrs/wk

MATT MAHOOD

Secretary

Board

2 hrs/wk

Details

EIN883740933
Subsection06
Ruling date2023-09
Formed2023
Employees0
DOWNTOWN MORGAN HILL IMPROVEMENT DISTRICT — Mission, Financials & Grants Received | Grantivo