Central District Management Assocation
Revitalizes the Central Avenue business district through property development, construction supervision, and program planning to restore local economic viability. For fiscal year 2024 it reported $957K in revenue, $1.2M in expenses, and $1.3M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Albany, NY
- Website
- www.centralbid.com
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Where the work happens
Steam garden this program encompasses the development and operation of the 279 central avenue property. Activities include primarily the supervision of the construction and future program planning of the building.
Avenew 2000 this program constitutes the long standing strategic revitalization plan for the central avenue commercial corridor in the city of albany prepared for the central business improvement district (cbid) in september 2000. It is the ongoing work plan used by the organization to advance its mission.
Safety & maintenance this program operates a daily cleaning program using the association's "clean team." activities of this program include but are not limited to dealing with crime and safety issues related to current property issues, merchant issues related to litter, maintenance of the association's own equipment and replacement or…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Anthony Capece’s $125K as Executive Director is at the 84th percentile of top reported officer pay among 1710 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Anthony Capece | $124,810 | $124,706 | $120,000 | $92,086 | $93,944 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 87% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -24% | — | — |
| Legal fee ratio | 0.4% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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