DOWNTOWN BOSTON BUSINESS IMPROVEMENT DISTRICT CORPORATION Charity Report

Public IRS 990 nonprofit record

DOWNTOWN BOSTON BUSINESS IMPROVEMENT DISTRICT CORPORATION

EIN 27-3596446 · Chambers of Commerce & Business Leagues (S41)

What they do

to CREATE A CLEAN, WELCOME, and VIBRANT ENVIRONMENT THAT WILL INCREASE BUSINESS ACTIVITY IN THE DOWNTOWN BOSTON AREA, INCLUDING DOWNTOWN CROSSING, THE LADDER DISTRICT, and PARTS of THE THEATER and FINANCIAL DISTRICTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

92.39%of revenue went to mission work92.6% of expenses · Program services

$99.82spent for every $100 of revenueRevenue covered expenses this year.

7.42%of revenue went to management and office costs7.4% of expenses

$0.63in assets for every $1 spent this yearSome assets cannot be spent right away.

94.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $254,659 for MICHAEL NICHOLS (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,542,870

Mission workProgram services$6,968,93192.39% of revenue92.6% of expenses

ManagementOffice and general costs$560,0267.42% of revenue7.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$13,9130.18% of revenueShown in gray on the chart

Total expenses$7,528,95799.82% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.6% mission · 7.4% management · 0.0% fundraisingTotal expenses: 99.82% of revenue

2023Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 105.60% of revenue

2022Expense mix: 86.9% mission · 13.1% management · 0.0% fundraisingTotal expenses: 99.03% of revenue

2021Expense mix: 93.8% mission · 6.2% management · 0.0% fundraisingTotal expenses: 90.38% of revenue

2020Expense mix: 93.5% mission · 6.5% management · 0.0% fundraisingTotal expenses: 93.42% of revenue

2019Expense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 96.58% of revenue

2018Expense mix: 87.5% mission · 12.5% management · 0.0% fundraisingTotal expenses: 104.81% of revenue

2017Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 97.94% of revenue

Money in and money out

Revenue$7,542,870

Expenses$7,528,957

Annual surplus $13,913 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,968,931 · 92.6% of expenses

Management and office costs$560,026 · 7.4% of expenses

See all reported dollar amounts

Revenue$7,542,870

Expenses$7,528,957

Assets$4,761,530

Income$7,542,870

Contributions$7,133,847

Mission work (program services)$6,968,931

Grants given$250,000

Average grant$62,500

Management and general$560,026

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL NICHOLSPRESIDENT & CEO · 40 hrs/week $254,659Base $242,000 · Other $12,659

ROSEMARIE BOARDMANCFO · 40 hrs/week $195,238Base $176,534 · Other $18,704

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

MICHAEL NICHOLSPRESIDENT & CEO

ROSEMARIE BOARDMANCFO

RICK MURAIDADIRECTOR

LAUREN JOHNSONDIRECTOR

MICHAEL MARTINSDIRECTOR

MORGAN WEINSTEINDIRECTOR

NATHANIEL SHEIDLEYDIRECTOR

PAM MESSENGERCHAIRMAN

PEGGY INGSDIRECTOR

PETER STANDISHDIRECTOR

KERRI GALLAWAYDIRECTOR

RICK MURIADADIRECTOR

RISHI SHUKLADIRECTOR

RON DRUKERDIRECTOR

SAM TYLERDIRECTOR

SPENCER MACALASTERDIRECTOR

STEVE FABERDIRECTOR

ED KANEDIRECTOR

ANTHONY SINGLETONTREASURER

BRAD FREDERICKSDIRECTOR

BRIAN AWECLERK

CHAD REMISVICE CHAIRMAN

CHRISTINE DUNNDIRECTOR

DAVID GREANEYDIRECTOR

DOUG SICKLERDIRECTOR

ED HAVERTYDIRECTOR

ANDREW GRACEDIRECTOR

JACK SPURRDIRECTOR

JENN TWOMBLYDIRECTOR

JIM ROBERTSONDIRECTOR

JOE LARKINDIRECTOR

JOHN NUCCIDIRECTOR

JOHN RATTIGANDIRECTOR

KATE DAVISDIRECTOR

About this charity

Recognized since: January 2012
Location: 101 ARCH ST STE 160, BOSTON, MA 02110-1150
County: Suffolk
In care of: % CFO ROSE BOARDMAN
Primary officer: ROSE BOARDMAN, CFO

How to reach them

WebsiteVisit the charity’s website Phone(617) 261-1457

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DANIEL DENNIS & COMPANY LLP
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Grant-giving organization: Yes