Downtown Phoenix Inc

Community development organization based in Phoenix, AZ. 75 employees. Exempt under §501(c)(3).

MissionTO FACILITATE COLLABORATION, CULTIVATE CONNECTIONS, AND CONTRIBUTE TO THE GROWTH AND VITALITY OF OUR COMMUNITY. TO GENERATE PROGRESS ON ISSUES, WORK TOWARD SUSTAINABLE GROWTH, AND BUILD A STRONGER, MORE INCLUSIVE CITY CORE THAT GENERATES POSITIVE PERCEPTIONS, MEMORABLE

Financial snapshot · TY 2024

$5.6M
Total revenue
$5.1M
Total expenses
$3.8M
Net assets

Financial health · TY 2024

45
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
27
4.8 months of expenses
Program efficiency
72
78.7% spent on programs
Revenue diversity
26
Mix of program fees, grants & contributions

Leadership compensation

Devney Majerle
PRESIDENT/CEO
$242,387
74th percentile vs. peers
$166,835
56th percentile vs. peers
$117,033
26th percentile vs. peers
Mark Hutflesz
SENIOR DIRECTOR, STREET OPERATIONS
$116,920
56th percentile vs. peers

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Downtown Phoenix Inc Executive Compensation | 990 Data | DoubleNine