Delaware · Nonprofit
WDBID Management Company
WDBID Management Company (Delaware) receives grants from 4 organizations whose IRS filings report $314,581 to it, the largest being The Bank of America Charitable Foundation Inc ($265,000). 4 of them have funded it in more than one year.
- Revenue FY2025
- $3.4M
- Funders on record
- 4
- Grants received
- $315k
- Net assets
- $2.0M
What WDBID Management Company does
Mission
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.
As stated on its FY2025 Form 990.
Programs
Safety Division Programs - Aid in crime reduction and enhance the perception of safety in downtown Wilmington. Downtown Visions offers a range of services to property owners, businesses, residents, and visitors.
$1,306,852 spent$1,421,619 earned by the program50% of program spendingCleaning Division Programs - Helping to keep Downtown Wilmington clean is a key mission for Downtown Visions. Our Cleaning Ambassador crews supplement the services of the City of Wilmington to provide premium cleaning results. This ensures that Wilmington's streets and sidewalks are clean and graffiti-free and that downtown presents a neat, welcoming environment each and every morning.
$914,796 spent$1,047,076 earned by the program35% of program spendingMarketing and Promotion Programs - Downtown Visions also provides marketing and promotional activities designed to enhance the image of the business district, including grants to facilitate upgrades to the face of buildings and storefronts.
$392,056 spentof which $90,895 as grants$442,729 earned by the program15% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,613,704.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.0M to $2.6M (−13%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 12% · 2022 13% · 2023 1% · 2024 1% · 2025 9%. Grants only. Government contracts and fees sit inside program revenue.
14% of WDBID Management Company’s revenue is contributions — about as donation-reliant as the typical peer (72% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Michael Maggitti
Executive Director
Board chair
Adam Landis Esq
Director - Chairman
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 3 funders, grant income fell $100k → $10k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of WDBID Management Company’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
WDBID Management Company leans on a few funders — its largest provides 84% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 68% · 2020 67% · 2021 98% · 2022 100% · 2023 99% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
WDBID Management Company draws 100% of its grant income from funders outside Delaware, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $49k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
WDBID Management Company is better cushioned than half of the 369 unclassified nonprofits its size.
this organization peer median middle 50% of peers· 369 unclassified nonprofits $1M–$10M, FY2025
Organizations like WDBID Management Company
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Delaware
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 3 related entities
- City of Wilmington Delaware · exempt
- Clean & Safe Services Inc · corp_trust
- WDBID Properties Company · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for WDBID Management Company: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds WDBID Management Company?
- WDBID Management Company (Delaware) receives grants from 4 organizations whose IRS filings report $314,581 to it, the largest being The Bank of America Charitable Foundation Inc ($265,000). 4 of them have funded it in more than one year.
- How many funders does WDBID Management Company have?
- IRS filings report 4 organizations giving $314,581 in grants to WDBID Management Company, 4 of which have funded it in more than one year.
- Who is the largest funder of WDBID Management Company?
- The Bank of America Charitable Foundation Inc is the largest funder on record, with $265,000 in grants. The full list of funders is on this page.
- How can an organization like WDBID Management Company find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing