Interesting data from their 2019 990 filing

The non-profit's mission is outlined in the filing as being “Plan and coordinate public and private development in downtown kalamazoo to assure that the downtown area is able to support retail, commercial, and residential activity in the interest of maintaining the central business district as the core of the community. the exempt purpose of the organization includes lessening the burden of the city of kalamazoo government by providing staffing services for the downtown development authority and operating the parking structures owned and built by the city of kalamazoo for the benefit of the public. the organization exists to create a sense of place for a diverse community by supporting and sponsoring events, activities and public spaces which are fun, safe and welcoming to all with a focus on families, youth and education.”.

When outlining its responsibilities, they were referred to as: “Plan and coordinate public and private development in downtown kalamazoo by lessening the burden of government, city parking staffing and events for public benefit”.

• The state in which the non-profit operates has been officially reported as MI.
• The filing reveals the non-profit's address in 2019 to be 162 East Michigan Avenue, KALAMAZOO, MI, 49007.
• As per the non-profit's form for 2019, they have 7 employees on their payroll.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are between $500,000 and $1,000,000+.
• Revenue is between $500,000 and $1,000,000+.
• Revenue less expenses is $39,859.
• The CEO salary policy within the organization is subject to review and endorsement by an impartial party.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 16 independent voting members.
• The organization was formed in 1989.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule O.
• The organization pays $440,808 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization's financial statements were reviewed by an accountant.