Saint Paul Downtown Improvement District
Nonprofit profile at a glance
- EIN
- 853607220
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024
- Location
- Saint Paul, MN, USA
- Phone
- 6513214427
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $1,311,740
- Expenses
- $1,335,274
- Assets
- $252,512
- Liabilities
- $121,118
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
People named in this filing
- KATHY BECK (DIRECTOR)
- CLINTON BLAISER (CHAIR)
- ZACHARY ATHERTON ELY (VICE CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The m1ss1on of the saint paul downtown improvement district is to create and maintain a vibrant, and economically successful downtown through safe, clean, and vitality programs. The saint paul downtown improvement district will seek to accomplish the following: improve safety outcomes and perceptions in downtown saint paul, improve the appearance, cleanliness, and maintenance in downtown saint paul, and activate public space and vitality
What it reported doing in 2024
The saint paul downtown improvement district will seek to accomplish the following: improve safety outcomes and perceptions in downtown saint paul, improve the appearance, cleanliness, and maintenance in downtown saint paul, and activate public space and vitality.
Operating model
- Revenue model
- Grant-funded. 99% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.1%; rating input score 97
- Program expense ratio: 95.4%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.8%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 27.3% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 20.4% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 13.8% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 97.1% of revenue deployed · 95.4% of spending went to programs
- Governance: 14 of 14 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.