Program areas at DGI
Downtown municipal service district (dmsd) funds project to provide funds levied and collected by the city from ad valorem property taxes and sales taxes in the dmsd as authorized by ncgs 160a-536(d)to dgi to perform, promote, and develop services, facilities, functions, and promotional and developmental activities in the dmsd. Funds are used to position the Downtown business improvement district as an attractive, vibrant destination for those who work, play and live here through public space management, economic development initiatives, marketing services, special events and advocacy activities.
Economic services project - to provide for the revitalization and economic development of Downtown Greensboro. Services include marketing of the Downtown area, economic development programs, program management and implementation as well as providing long term vision development and planning recommendations for the Downtown area.
Who funds Downtown Greensboro (DGI)
Grants from foundations and other nonprofits
Personnel at DGI
| Name | Title | Compensation | Date of data |
|---|
| Zack Matheny | President and Chief Executive Officer | $188,956 | 2024-05-02 |
| Joy Ross | Chief Financial Officer / Director of Finance | $73,252 | 2023-06-30 |
| Andy Zimmerman | Board Chairman / Board Treasurer / Board Executive Committee / Board Member | $0 | 2023-06-30 |
| Adrian Smith | Board Treasurer / Board Executive Committee | $0 | 2023-06-30 |
| Tracey Myers | Board Chairman / Board Treasurer and Chair Elec / Board Secretary / Board Member | $0 | 2023-06-30 |
| ...and 5 more key personnel |
Financials for DGI
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $856,373 | $711,822 | 20.3% |
| Program services | $1,476,443 | $1,216,875 | 21.3% |
| Investment income and dividends | $12,777 | $1,096 | 1065.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-1,438 | $-734 | -95.9% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $2,344,155 | $1,929,059 | 21.5% |
Organizations like DGI
| Organization | Type | Location | Revenue |
|---|
| Southwest Business Improvement District (SWBID) | 501(c)(6) | Washington, DC | $5,316,282 |
| North Texas Commission | 501(c)(6) | DFW Airport, TX | $4,810,487 |
| Greater Olean | 501(c)(6) | Olean, NY | $649,488 |
| Downtown Norfolk Council (DNC) | 501(c)(6) | Norfolk, VA | $2,378,826 |
| The River District | 501(c)(6) | Sacramento, CA | $1,326,901 |
| Charleston Digital Corridor Foundation | 501(c)(6) | Charleston, SC | $2,275,599 |
| Economic Progress Alliance of Crawford County | 501(c)(6) | Meadville, PA | $5,381,663 |
| Cortland County Business Development Corporation | 501(c)(6) | Cortland, NY | $777,252 |
| Area Development Partnership (ADP) | 501(c)(6) | Hattiesburg, MS | $2,451,369 |
| Downtown Tempe Authority | 501(c)(6) | Tempe, AZ | $2,933,931 |
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 12, 2024
Updated personnel
Identified 8 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
Political advocacyState / local levelReceives government fundingCommunity engagement / volunteering
General information
- Address
- 532 S Elm St
- Greensboro, NC 27406
- Metro area
- Greensboro-High Point, NC
- County
- Guilford County, NC
- Website URL
- downtowngreensboro.org/Â
- Phone
- (336) 379-0060
- Facebook page
- DowntownGreensboroÂ
- Twitter profile
- @downtowngsoÂ
IRS details
- EIN
- 56-2011549
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1996
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Central organization
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