Community Improvement & Capacity Building
Downtown Parking Management Inc
CEDAR RAPIDS, IA
Total revenue
$3.5M
Total expenses
$3.8M
Net assets
—
Grants received
—
EIN
451276191
Tax year
2024
Mission
To provide efficient, convenient, and affordable parking options for downtown cedar rapids
Programs
2 programs
Provision of parking services to facilitate job growth and economic development:to aid in fostering, supporting and encouraging growth and development of jobs, and the development of new business and industry, dpmi has developed a suite of parking incentive and subsidy programs to spur investment in the greater downtown area. The programs enable businesses, employers and employees the opportunity to receive discounts off of monthly parking rates and have helped catalyze more than 650 jobs annually. To date 13 existing companies were offered parking incentives and/or parking subsidy solutions. Retention and expansion of existing jobs and business consumes approximately 33 percent of dpmi's time.
Education and communication with parking system users:in order to improve public perception of parking in downtown cedar rapids and to leverage parking as a significant tool and catalyst for economic development, dpmi has initiated significant outreach strategies. "park cedar rapids" campaign was launched in october 2011 to inform the general public and downtown stakeholders of a new and enhanced parking system - one focused on superior customer service, improved security and positive experience. Communication mechanisms ranged from creating a new interactive website, partnering with the media, hosting q&a community outreach events, and implementing an ambassador program to assist the general public and stakeholders with the use of the new parking technologies.
Financials
FY 2024
Revenue
Expenses
People
7 listed
DUSEK JON
CHAIRMAN
—
1 hrs/wk
CARLSON CHRIS
DIRECTOR
—
1 hrs/wk
CORKERY MATT
DIRECTOR
—
1 hrs/wk
KERNS CORY
DIRECTOR (THRU JUNE)
—
1 hrs/wk
TIMKO FRED
DIRECTOR
—
1 hrs/wk
ZYLSTRA DAVID
DIRECTOR
—
1 hrs/wk
BAACK RYAN
GENERAL MANAGER
—
40 hrs/wk
Independent contractors
PCI MUNICIPAL SERVICES LLC
PAYROLL AND RELATED EXPENSES
PATE ASPHALT
PAVING PARKING LOT