WDBID MANAGEMENT COMPANY Charity Report

Public IRS 990 nonprofit record

WDBID MANAGEMENT COMPANY

EIN 51-0362299 · Unknown (Z50G)

What they do

WDBID Management Company (Downtown Visions) Was Established to Create A Safer, Cleaner and Well-managed Central Business District (City). Downtown Visions Programs Are Designed to Supplement City Services In The Areas of Crime Prevention and Control, Sidewalk Cleaning and General Pedestrian Assistance Within The District. Downtown Visions Also Provides Marketing and Promotional Activities Designed to Enhance The Image of The Business District.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.80 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 leaders32 people are listed in the latest report.

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

Money made simple

75.81%of revenue went to mission work76.8% of expenses · Program services

0.84%of revenue went to fundraising0.9% of expenses

$98.73spent for every $100 of revenueRevenue covered expenses this year.

22.50%of revenue went to management and office costs22.8% of expenses

$0.77in assets for every $1 spent this yearSome assets cannot be spent right away.

13.8%of its money came from giftsOther money may come from services or investments.

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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 $189,199 for MICHAEL MAGGITTI (EXECUTIVE DIRECTOR). 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$3,447,719

Mission workProgram services$2,613,70475.81% of revenue76.8% of expenses

ManagementOffice and general costs$775,58822.50% of revenue22.8% of expenses

FundraisingAsking for donations$29,1120.84% of revenue0.9% of expenses

Revenue left after expensesReported annual surplus$43,8711.27% of revenueShown in gray on the chart

Total expenses$3,403,84898.73% 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: 76.8% mission · 22.8% management · 0.9% fundraisingTotal expenses: 98.73% of revenue

2023Expense mix: 77.5% mission · 22.2% management · 0.3% fundraisingTotal expenses: 107.93% of revenue

2022Expense mix: 83.8% mission · 15.9% management · 0.3% fundraisingTotal expenses: 100.83% of revenue

2021Expense mix: 77.4% mission · 22.6% management · 0.0% fundraisingTotal expenses: 90.20% of revenue

2020Expense mix: 70.9% mission · 29.1% management · 0.0% fundraisingTotal expenses: 91.66% of revenue

2019Expense mix: 79.5% mission · 20.5% management · 0.0% fundraisingTotal expenses: 111.43% of revenue

2018Expense mix: 70.0% mission · 30.0% management · 0.0% fundraisingTotal expenses: 91.04% of revenue

2017Expense mix: 76.5% mission · 23.5% management · 0.0% fundraisingTotal expenses: 102.41% of revenue

Money in and money out

Revenue$3,447,719

Expenses$3,403,848

Annual surplus $43,871 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)$2,613,704 · 76.8% of expenses

Management and office costs$775,588 · 22.8% of expenses

Fundraising$29,112 · 0.9% of expenses

See all reported dollar amounts

Revenue$3,447,719

Expenses$3,403,848

Assets$2,614,271

Income$3,447,719

Contributions$475,099

Mission work (program services)$2,613,704

Fundraising$29,112

Grants given$404,365

Average grant$18,380

Management and general$775,588

Accounting fees$41,695

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 MAGGITTIEXECUTIVE DIRECTOR · 40 hrs/week $189,199Base $182,879 · Other $6,320

LOSHAWN MAXWELLSENIOR DIRECTOR OF FINANCE · 40 hrs/week $138,774Base $131,403 · Other $7,371

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 (32)

MICHAEL MAGGITTIEXECUTIVE DIRECTOR

LOSHAWN MAXWELLSENIOR DIRECTOR OF FINANCE

KELLY WILLIAMSDIRECTOR

YVONNE DEADWYLELRDIRECTOR

VITO I DIMAIODIRECTOR

VERNITA DORSEYDIRECTOR

THOMAS HANSON ESQDIRECTOR

STEPHANIE MERGLERDIRECTOR

STAN SOJADIRECTOR

SEAN PARKDIRECTOR

SAMIRA AIRDDIRECTOR

SALLIE HENDRICKSDIRECTOR

RANDY KUNKLEDIRECTOR

PEGGY STRINEDIRECTOR - 1ST VICE CHAIR

MICHAEL VANNIDIRECTOR

LT JAMES PEEDIRECTOR

ADAM LANDIS ESQDIRECTOR - CHAIRMAN

JULIA HANDIRECTOR

JOSEPH GUZZARDODIRECTOR

JOHN WILLIAMS ESQDIRECTOR

JOHN KACZOWKADIRECTOR

JOHN HAWKINSDIRECTOR

JEFFREY BUHRMANDIRECTOR

JED HATFIELDDIRECTOR - 2ND VICE CHAIR

JAIME BOHNDIRECTOR

HONORABLE STEPHANIE BOLDENDIRECTOR

HONORABLE ERNEST TRIPPI CONGODIRECTOR

HILLARY PATTERSON ESQDIRECTOR

FRANK SKIP PENNELLADIRECTOR

DEBORAH SCHWARTZDIRECTOR

DANIELLE ANDRISANI NOWACZYKI ESQDIRECTOR

CHIEF WILFREDO CAMPOSDIRECTOR

About this charity

Recognized since: January 1996
Location: PO BOX 2000, WILMINGTON, DE 19899-2000
County: New Castle
In care of: % MARY CATHERINE BIONDI
Primary officer: Michael Maggitti, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(302) 425-4200

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BELFINT LYONS & SHUMAN PA
NTEE classification: Unknown (Z50G)
Grant-giving organization: Yes