Downtown Worcester Business Improvement District Inc

Community Development · Worcester, Massachusetts

44 Portland St 3Rd Floor, Worcester, MA 01608-2023

EIN: 832860571· Founded: Oct 2019· 7 years active· Filing Year: 2023

Annual Revenue

$1.3M

Total Expenses

$1.1M

Total Assets

$1.2M

Program Spending

117%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$194K

17.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$194K

18% of total expenses

Where the Money Goes

100%

Programs: 100%

Payroll: 18%

Other overhead: -17%

Program Revenue$1.3M (96%)

Total Expenses$1.1M (82%)

Payroll$194K (18%)

Overhead (non-program)-17%

Trust Score Breakdown

Program Spending Ratio

117% of expenses go to programs

40%

Revenue & Stability

$1.3M annual revenue

15%

Executive Compensation

$194K total officer comp (17.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.2M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.