West Shore District Management Association Inc

Nonprofit profile at a glance

EIN
472820595
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Staten Island, NY, USA
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Business and Industry

Reported finances

Revenue
$112,655
Expenses
$82,233
Assets
$246,434
Liabilities
$24,125

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

People named in this filing

  • FRED DIGIOVANNI (CHAIRMAN)
  • JEFF HENICK (1ST VICE PRE)
  • JOHN WAMBOLD (2ND VICE PRE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The west shore district management association, inc. Was founded in july 2015 to provide much needed services and advocacy on behalf of bid members. The ultimate goal is to transform this area on the west shore into a premier industrial corridor for staten island and the city of New York.

What it reported doing in 2024

The west shore district management association, inc. Is located along the west shore of staten island in a primarily industrial area generally referred to as bloomfield and chelsea, bordering on the neighborhood of travis. The association was created to provide services required for the protection and general welfare of the public; the promotion, growth and enhancement of the west shore bid; and the representation of the west shore bid for needs identified by its members. Services include sanitation and maintenance, security, district-wide wayfairing and streetscape improvements, and advocacy.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 31
  • Transparency & Controls: 82
  • Sustainability: 75
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 27%; rating input score 27
  • Program expense ratio: 36.9%; rating input score 37

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 27%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 3; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -1.2% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: 3% per year; rating input score 100; 37th percentile among comparable filings
  • Asset growth: 19% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 27% of revenue deployed · 36.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $30K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2015 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.

  • High — Financial Efficiency: Mission deployment rate scored 27/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 37/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.