NonprofitsDowntown Worcester Business Improvement District Inc

Community Improvement & Capacity Building

Downtown Worcester Business Improvement District Inc

WORCESTER, MA

Total revenue

$1.3M

Total expenses

$1.3M

Net assets

$978K

Grants received

$66K

3 grants

EIN

832860571

Tax year

2023

Mission

To develop, implement, manage, operate, enhance and promote the general welfare of the people within the designated downtown worcester business improvement district (the district), through activities, programs, and services to include but not be limited to marketing, maintenance, security, planning, and physical improvements to the district all being supplemental to those provided by the city of worcester.

Financials

FY 2023

Revenue

Contributions & grants$112K
Program service revenue$1.2M
Investment income$7K
Other revenue$2K
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits$332K
Fundraising$17K
Other expenses$960K
Total expenses$1.3M
Total assets$1.2M
Net assets$978K

People

13 listed

NameRoleCompensation

TROY SIEBELS

TREASURER

Board

1 hrs/wk

PETER ALDEN

FORMER TREASURER

Board

1 hrs/wk

CHARLES F NORTON

CLERK

Board

0.25 hrs/wk

JULIE HOLSTROM

VICE CHAIR

Board

2 hrs/wk

MARY SIMONE

DIRECTOR

Board

0.5 hrs/wk

JOFFREY SMITH

DIRECTOR

Board

0.75 hrs/wk

JULIAN WADE

CHAIR

Board

2 hrs/wk

MARGARET WONG

DIRECTOR

Board

0.5 hrs/wk

CATHERYN MCEVOY

DIRECTOR

Board

0.5 hrs/wk

PAUL MORANO

DIRECTOR

Board

0.75 hrs/wk

SEAN HARRIS

DIRECTOR

Board

0.5 hrs/wk

EVELYN CABRERA

DIRECTOR

Board

0.5 hrs/wk

SETH PITTS

DIRECTOR

Board

0.5 hrs/wk

Independent contractors

STREETPLUS

CLEANING AND HOSPITALITY SERVICES

$391K

PERRONE LANDSCAPING

SNOW REMOVAL

$149K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$15K
SPONSOR FOR COMMON OVAL
2024
$36K
SUPPORT CULTURAL EVENTS PRODUCED BY THE ORGANIZATION
2023
$15K
SPONSOR FOR COMMON OVAL
2023

Funded by

$66K from 2 funders · 3 grants · 2023–2024

Worcester Cultural Coaltioninc

$36K · 1 grant · 2023

Worcester Railers Hc Charitable

$30K · 2 grants · 2023–2024

Details

EIN832860571
NTEE codeS30
Subsection03
Ruling date2019-10
Formed2018
Employees4
Volunteers0
DOWNTOWN WORCESTER BUSINESS IMPROVEMENT DISTRICT INC — Mission, Financials & Grants Received | Grantivo