DOWNERS GROVE, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DOWNERS GROVE DOWNTOWN MANAGEMENT CORPORATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $522K in total revenue in fiscal year 2024. Expenses of $445K left a modest 15% surplus.
DOWNERS GROVE DOWNTOWN MANAGEMENT CORPORATION WAS ORGANIZED FOR THE PURPOSE OF PROMOTING THE DEVELOPMENT AND EXPANSION OF BUSINESS AND THE INCREASED VALUATION OF PROPERTY WITHIN THE SPECIAL SERVICE AREA NUMBER ELEVEN IN DOWNERS GROVE, ILLINOIS.
THROUGH VARIOUS PROMOTIONAL EVENTS THE ORGANIZATION WORKS TOWARD CREATING A FAVORABLE RETAIL SHOPPING AND SERVICE BUSINESS ENVIRONMENT TO INCREASE ACTIVITY WITHIN THE SPECIAL SERVICE AREA NUMBER...
THROUGH VARIOUS PROMOTIONAL EVENTS THE ORGANIZATION WORKS TOWARD CREATING A FAVORABLE RETAIL SHOPPING AND SERVICE BUSINESS ENVIRONMENT TO INCREASE ACTIVITY WITHIN THE SPECIAL SERVICE AREA NUMBER ELEVEN IN DOWNERS GROVE, ILLINOIS. THE MAIN PROMOTIONAL EVENT IS THE FINE ARTS FESTIVAL HELD IN SEPTEMBER OF EACH YEAR.
OTHER PROMOTIONAL EVENTS INCLUDE THE SUMMER NIGHTS LIVE ENTERTAINMENT HELD FRIDAYS WEEKLY FROM MAY THROUGH AUGUST, VARIOUS PARADES, THE DOWNTOWN SIDEWALK SALE, GIRLS' DAY OUT ACTIVITIES, THE WINE...
OTHER PROMOTIONAL EVENTS INCLUDE THE SUMMER NIGHTS LIVE ENTERTAINMENT HELD FRIDAYS WEEKLY FROM MAY THROUGH AUGUST, VARIOUS PARADES, THE DOWNTOWN SIDEWALK SALE, GIRLS' DAY OUT ACTIVITIES, THE WINE WALK, HALLOWEEN ACTIVITIES, VISITS WITH SANTA AND OTHER HOLIDAY ACTIVITIES, THE ICE FESTIVAL AND OTHER EVENTS THROUGHOUT THE YEAR.
PROMOTIONAL PROGRAMS INCLUDE ON-GOING PUBLIC RELATIONS AND ADVERTISING, THE BUSINESS DIRECTORY, THE RESTAURANT GUIDE, DOWNTOWN DOLLARS, GIFT CERTIFICATES, HOLIDAY DECORATIONS, WELCOME FOLDER AND THE...
PROMOTIONAL PROGRAMS INCLUDE ON-GOING PUBLIC RELATIONS AND ADVERTISING, THE BUSINESS DIRECTORY, THE RESTAURANT GUIDE, DOWNTOWN DOLLARS, GIFT CERTIFICATES, HOLIDAY DECORATIONS, WELCOME FOLDER AND THE WEBSITE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $521,830 | $514,522 | +0.0% |
| Expenses | $444,536 | $418,838 | +0.1% |
| Net Income | $77,294 | $95,684 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PHIL STROMBERG | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THERESA SCHULZ | VICE CHAIRMAN | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| KATHY BURNS | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| GEOFF ANDERMAN | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| SAM VLAHOS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ERIC BREZINA | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| TODD DAVIES | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| RON ROCCO | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ERIN VENEZIA | EXECUTIVE DIRECTOR/MANAGER | 40.00 |
Officer
|
$89,600 | $8,400 | $98,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $521,830 | $444,536 | $547,521 | $77,294 |
| 2023 | $514,522 | $418,838 | $470,227 | $95,684 |
| 2022 | $478,456 | $375,322 | $374,543 | $103,134 |
| 2021 | $414,737 | $355,365 | $271,409 | $59,372 |
| 2020 | $288,229 | $249,871 | $233,455 | $38,358 |
| 2020 | $159,204 | $180,992 | $212,017 | $-21,788 |
Compare DOWNERS GROVE DOWNTOWN MANAGEMENT CORPORATION with other nonprofits in Illinois and across the country.