EIN 41-2229120

Hartford Business Improvement District (HBID)

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2006
Most recent tax filings
2023-06-01
Description
The mission of the Hartford Business Improvement District (HBID) is to bring about positive and lasting change by enhancing the economic vitality and quality of life within the District.
Total revenues
$1,358,342
2023
20182019202120222023$0.8m$1.2m
Total expenses
$1,330,925
2023
20182019202120222023$0.7m$1.1m
Total assets
$680,222
2023
20182019202120222023$0$0.4m
Num. employees
3
2023
2018201920212022202302

Program areas at HBID

Cleaning & security ambassador program - daily on street clean street and security operations within the District
Marketing - marketing was focused on promoting Hartford's assets to create a relevant and positive message about Connecticut's capital city, and getting the Hartford Business Improvement District's name out to the community.
Placemaking and events - to create and beautify program spaces in the District

Who funds Hartford Business Improvement District (HBID)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Hartford Arts Council (GHAC)Art Activation Grant$100,000
Greater Hartford Arts Council (GHAC)Public Art$50,000
Hartford Foundation for Public Giving (HFPG)Arts and Culture$7,500

Personnel at HBID

NameTitleCompensation
Jordan PolonExecutive Director$96,849
Wayne BenjaminChair$0
Lisa DrazenVice Chair$0
Dina SilvaSecretary$0
Tim MooreTreasurer$0
...and 3 more key personnel

Financials for HBID

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,157,628
Program services$200,105
Investment income and dividends$0
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$609
Total revenues$1,358,342

Form 990s for HBID

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-15990View PDF
2022-062023-05-02990View PDF
2021-062022-05-10990View PDF
2019-062020-09-03990View PDF
2018-062019-05-14990View PDF
...and 8 more Form 990s
Data update history
June 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 22, 2024
Updated personnel
Identified 8 new personnel
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $100,000 from Greater Hartford Arts Council (GHAC)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Business and community development organizationsConvention and visitors bureausCharities
Issues
Human servicesCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
31 Pratt St 5th Floor
Hartford, CT 06103
Metro area
Hartford-East Hartford-Middletown, CT
County
Capitol Planning Region, CT
Website URL
hartford.com/about-us/ 
Phone
(262) 673-7193
Facebook page
karinbid 
IRS details
EIN
41-2229120
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
561591: Convention and Visitors Bureaus
Parent/child status
Independent
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