EIN 51-0362299

WDBID Management Company

IRS 501(c) type
501(c)(3)
Num. employees
64
Year formed
1994
Most recent tax filings
2023-06-01
Description
WDBID Management Company, also known as Downtown Visions, was established to enhance the central business district of Wilmington by creating a safer and cleaner environment. The company's Cleaning Ambassador crews supplement City services to ensure premium cleaning results. Additionally, Downtown Visions provides marketing and promotional activities to improve the image of the business district, including grants for building upgrades and storefronts.
Also known as...
Downtown Visions
Total revenues
$3,057,635
2023
Total expenses
$3,082,995
2023
Total assets
$2,985,347
2023
Num. employees
64
2023

Program areas at WDBID Management Company

Safety Division Programs - Aid in crime reduction and enhance the perception of safety in downtown Wilmington. Downtown Visions offers a range of services to property owners, businesses, residents, and visitors.
Marketing and Promotion Programs - Downtown Visions also provides marketing and promotional activities designed to enhance the image of the business district, including grants to facilitate upgrades to the face of buildings and storefronts.
Cleaning Division Programs - Helping to keep Downtown Wilmington clean is a key mission for Downtown Visions. Our Cleaning Ambassador crews supplement the services of the City of Wilmington to provide premium cleaning results. This ensures that Wilmington's streets and sidewalks are clean and graffiti-free and that downtown presents a neat, welcoming environment each and every morning.

Who funds WDBID Management Company

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Bank of America Charitable FoundationProgram/operating Support$10,000
WSFS Cares FoundationCommunity Investments (Art, Community Centers, Green Spaces)$3,500
AmazonSmile FoundationGeneral Support$5

Personnel at WDBID Management Company

NameTitleCompensation
Michael MaggittiExecutive Director$149,549
Loshawn MaxwellSenior Director of Finance and Administration / Director of Administration$118,521
Martin P HagemanPast Former Executive Director$144,811
Peggy StrineDirector - First Vice Chair / Director - Vice - Chair$0
Jed HatfieldPresident , Colonial / Director - Second Vice Chair$0
...and 1 more key personnel

Financials for WDBID Management Company

RevenuesFYE 06/2023
Total grants, contributions, etc.$217,264
Program services$2,830,568
Investment income and dividends$1,053
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$8,750
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,057,635

Form 990s for WDBID Management Company

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
2019-062020-12-21990View PDF
...and 9 more Form 990s
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 4, 2024
Updated personnel
Identified 5 new personnel
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The Bank of America Charitable Foundation
December 24, 2023
Received grants
Identified 2 new grant, including a grant for $20,000 from The Bank of America Charitable Foundation
July 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementBusiness and industry
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
409 N Orange St
Wilmington, DE 19801
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Website URL
downtownwilmingtonde.com/about/ 
Phone
(302) 425-4200
IRS details
EIN
51-0362299
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
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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