EIN 14-1803886

Central District Management Association

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Year formed
1998
Most recent tax filings
2023-12-01
Description
The Central District Management Association aims to restore the viability of the Central Avenue Business District through its corridor development program, which involves recruiting and assisting in economic development. Additionally, it operates a daily cleaning program through its safety and maintenance program to address crime and safety issues related to property and merchant concerns. It is located in Albany, NY.
Also known as...
Central Albany B I D
Total revenues
$1,262,384
2023
Total expenses
$1,190,545
2023
Total assets
$3,198,160
2023
Num. employees
8
2023

Program areas at Central District Management Association

Safety & maintenance this program operates a daily cleaning program using the Association's "clean team." Activities of this program include but are not limited to dealing with crime and safety issues related to current property issues, merchant issues related to litter, maintenance of the Association's own equipment and replacement or repair research, holiday decorations, installation of seasonal and visual media and hardware, and parking lot maintenance.
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.
Corridor development this program includes the work done by the Association's staff to recruit and assist in the economic development of the business improvement District (bid). Activities of this program include but are not limited to interacting with property owners onreal estate and new business development, responding to requests for available properties, planning and development with a community partner and developing strategic partners to bring needed resources and efforts to the bid area.

Personnel at Central District Management Association

NameTitleCompensation
Anthony CapeceExecutive Director$120,000
Danny SandersCorporate Treasurer$0
David ParenteChair of the Board$0
Elliot RosenCorporate Secretary$0
Ken MortensonVice President$0
...and 4 more key personnel

Financials for Central District Management Association

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,223,235
Program services$38,171
Investment income and dividends$978
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,262,384

Form 990s for Central District Management Association

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122024-06-27990View PDF
2022-122023-11-15990View PDF
2021-122022-11-11990View PDF
2020-122021-10-29990View PDF
...and 11 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 5 new personnel
December 29, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
176 Central Ave
Albany, NY 12206
Metro area
Albany-Schenectady-Troy, NY
County
Albany County, NY
Website URL
centralbid.com/ 
Phone
(518) 462-4300
IRS details
EIN
14-1803886
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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