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Revere Beach Partnership Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050565298 ✦ Revere, MA ✦ Designated as a 501(c)(3)

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Overview

What is Revere Beach Partnership Inc?

Revere Beach Partnership Inc is a 501(c)(3) nonprofit organization established in 2001, with a passion for preserving and enhancing America's first public beach, Revere Beach. The partnership, mainly funded by their annual event, the New England Sand Sculpture Festival in July, is committed to revitalizing the beach and strengthening its role as a community asset. The organization is driven by a volunteer board, who share a deep affection for Revere and its beach, and work tirelessly to maintain and improve this cherished space for everyone's enjoyment.


Official website here: www.reverebeachpartnership.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%, Four-Star out of Four Star rating

Revere Beach Partnership Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with a score of 93%. This rating is significant as it demonstrates the organization’s commitment to transparency and effective financial management. The score is derived entirely from the accountability and finance beacon, indicating a solid foundation in these critical areas for nonprofit organizations.

The organization showcases notable strengths, including a fully independent board comprised of 8 members, which enhances its governance. Additionally, it has effective oversight mechanisms in place, such as an audit and oversight committee, and robust policies related to conflict of interest and whistleblower protections. The financial health of the organization is also strong, with a low liabilities-to-assets ratio of 3.94%, indicating prudent financial management.

However, while the program expense ratio is reasonable at 67.37%, there is still room for improvement to ensure that a higher percentage of funds are directed towards programs rather than administrative costs. Overall, Revere Beach Partnership Inc stands out for its financial integrity and governance practices, making it a trustworthy choice for donors looking to support their mission.


This AI summary has been generated from information found on Charity Navigator.

Is Revere Beach Partnership Inc legitimate?

Revere Beach Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Revere Beach Partnership Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.reverebeachpartnership.com

What is the mission statement of Revere Beach Partnership Inc?

The Revere Beach Partnership Inc., a 501(c)(3) non-profit organization established in 2001, is committed to preserving and revitalizing Revere Beach. Its mission is to enhance America's first public beach, making it an asset for the community's enjoyment. The organization is driven by a volunteer board who share a love for Revere and Revere Beach. The Revere Beach Partnership derives a significant portion of its support from its annual event, the New England Sand Sculpture Festival in July. The partnership aims to preserve and enhance the beach for the benefit of all.


Official website here: www.reverebeachpartnership.com

Who is the CEO of Revere Beach Partnership Inc?

Erin Lynch is the President of Revere Beach Partnership Inc.


Official website here: www.reverebeachpartnership.com

What is the revenue of Revere Beach Partnership Inc?

Revere Beach Partnership Inc's revenue in 2022 was $607,270.


Official website here: www.reverebeachpartnership.com

Who are the executives of Revere Beach Partnership Inc and what are their salaries?


Here are 8 key members and their salaries:


Rosette Cataldo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Fox (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Demaio (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Giuffrida (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Haney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Karshis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Laidlaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry D'Ambrosio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.reverebeachpartnership.com

Where can I find the form 990 for Revere Beach Partnership Inc?

Revere Beach Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.reverebeachpartnership.com

Learn more at the official website: www.reverebeachpartnership.com

Mission Statement of Revere Beach Partnership Inc

Revere Beach Partnership Inc, established in 2001, is a 501(c)(3) non-profit organization with a mission to preserve and revitalize Revere Beach. This mission is driven by a passionate volunteer board who share a deep love for Revere and its iconic beach. The primary goal of Revere Beach Partnership Inc is to enhance America's first public beach, ensuring it remains an asset for the entire community to enjoy. A significant portion of the organization's support comes from its annual event, the New England Sand Sculpture Festival, held in July. This event not only showcases the artistic talents of sculptors but also contributes to the preservation and improvement of Revere Beach. The organization's activities are centered around this mission, aiming to preserve and enhance the beach for the enjoyment and benefit of all.

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Impact




July, 2024

Revere Beach Partnership Inc plays a crucial role in preserving and revitalizing Revere Beach, strengthening it as a community asset for all to enjoy. Through initiatives and events like the New England Sand Sculpture Festival in July, the organization raises significant support to further their mission. By focusing on the enhancement of America's first public beach, the Partnership positively impacts the local community and promotes the value of preserving natural landmarks. Their dedication to this cause underscores their commitment to improving the quality of life for residents and visitors alike.




This information is meant to be a general summary of Revere Beach Partnership Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$607,270 (2022)
Expenses
$604,560 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23
  • Program Service Revenue: $157,631
  • Gross Receipts: $607,270

Assets and Liabilities:

  • Total Assets: $241,107
  • Total Liabilities: $9,500
  • Net Assets: $231,607

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SAND SCULPTURE FESTIVA

Revenue

$157,631

Organization Details

Founding Year

2003

Principal Officer

Erin Lynch

Main Address

150 BEACH ST, REVERE, MA, 02151

NTEE Category

Code: B82 - Education

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