Overview
What is Stamford Partnership Inc?
Stamford Partnership Inc, a 501(c)(3) nonprofit based in Stamford, Connecticut, serves as the primary economic and community development organization for the city and region. Their mission is to enhance the quality of life for residents and businesses by fostering public-private partnerships, ecosystem development, and talent development. The organization creates and empowers coalitions to transform Stamford into a smart city, fully connected and powered by technology, with sustainability at its core. They also build programs and services for high-potential industries and companies, encouraging innovation, growth, and connectivity. Furthermore, Stamford Partnership Inc emphasizes lifelong learning, soft skills, and technical know-how for workforce development, helping both individuals and companies grow in this evolving landscape. Their work is funded through projects, initiatives, and events, making it easier and more successful to start or grow a business in Stamford.
Official website here: www.stamfordpartnership.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Stamford Partnership Inc has achieved an impressive 97% rating on Charity Navigator, reflecting a strong commitment to accountability and finance. The rating is based solely on a robust beacon score, indicating that the organization has excelled in its financial practices and transparency. With a perfect score in areas such as board independence and the absence of asset diversion, it demonstrates a solid governance structure.
The organization boasts a fully independent board of 27 members, which enhances its credibility and decision-making processes. Key policies, including conflict of interest and whistleblower protections, are well-documented and in place, contributing to a culture of accountability. Furthermore, a high program expense ratio of 89.01% indicates that a significant portion of its funding is directed towards its mission rather than administrative costs.
While the data underscores the strengths of Stamford Partnership Inc, there are no noted limitations or concerns in the provided information. Overall, the nonprofit appears well-managed and dedicated to its goals, making it a reliable option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Stamford Partnership Inc legitimate?
Stamford Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stamford 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: $200,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.stamfordpartnership.org
What is the mission statement of Stamford Partnership Inc?
Stamford Partnership Inc serves as the primary economic and community development organization, functioning as a public-private partnership in an unspecified location. Guided by three pillars, the organization strives to foster collaborations that drive the transformation of cities into smart, tech-driven, and sustainable spaces. Their second pillar involves the development of ecosystems and programs for high-potential industries and companies, fostering innovation, growth, and connectivity. Lastly, their third pillar emphasizes talent development, advocating for lifelong learning, soft skills, and technical know-how to shape the workforce of the future. The partnership aims to bring together companies, governments, nonprofits, and individuals to reimagine their shared future.
Official website here: www.stamfordpartnership.org
Who is the CEO of Stamford Partnership Inc?
Chris Perrett is the Chairperson of Stamford Partnership Inc. The CEO's salary of Stamford Partnership Inc is $144,346 and their total compensation is $144,346.
Official website here: www.stamfordpartnership.org
What is the revenue of Stamford Partnership Inc?
Stamford Partnership Inc's revenue in 2022 was $1,008,999.
Official website here: www.stamfordpartnership.org
Who are the executives of Stamford Partnership Inc and what are their salaries?
The average compensation at Stamford Partnership Inc during 2022 was $100,044. There are 2 employees at Stamford Partnership Inc.
Here are 33 key members and their salaries (Stamford Partnership Inc's CEO's salary is $144,346 and their total compensation is $144,346):
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Official website here: www.stamfordpartnership.org
Where can I find the form 990 for Stamford Partnership Inc?
Stamford Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stamfordpartnership.org
Learn more at the official website: www.stamfordpartnership.org
Mission Statement of Stamford Partnership Inc
The Stamford Partnership, a 501(c)(3) nonprofit organization, serves as the predominant economic and community development entity in its domain. Its mission is to enhance the quality of life for individuals living and working in the area, fostering a public-private partnership that transcends traditional boundaries. Guided by three pillars, this nonprofit works tirelessly to transform the community into a smart city, characterized by technological advancements and sustainability.
The first pillar, public-private partnership, sees the Stamford Partnership creating and empowering coalitions. This strategic approach aims to transform the city into a fully connected and sustainable urban landscape, where technology plays a pivotal role. The second pillar, ecosystem development, involves building programs and services for high-potential industries and companies. This initiative encourages innovation, growth, and connectivity, fostering an environment that nurtures both individuals and businesses.
Lastly, the Stamford Partnership emphasizes talent development, recognizing the importance of lifelong learning, soft skills, and technical know-how in shaping the workforce of the future. Through this pillar, the nonprofit helps individuals and companies grow, with a strong focus on concepts like continuous learning and technical expertise. In summary, the Stamford Partnership's mission is to improve the community's quality of life by fostering strategic partnerships, promoting innovation, growth, and connectivity, and empowering individuals through lifelong learning and skill development.
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Impact
July, 2024
Stamford Partnership Inc's impact includes spearheading initiatives that facilitate easier business development in Stamford, Connecticut through the funding of projects, events, and programs. By fostering a public-private partnership, the organization is actively involved in transforming Stamford into a smart city that emphasizes technology and sustainability. Additionally, Stamford Partnership Inc focuses on ecosystem development by creating programs that support innovation and growth in high-potential industries. Furthermore, the organization promotes talent development by emphasizing lifelong learning, soft skills, and technical expertise to help individuals and companies thrive. Overall, Stamford Partnership Inc plays a crucial role in economic and community development in the region by uniting various stakeholders to reimagine and shape a shared future for Stamford.
This information is meant to be a general summary of Stamford 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $239
- Program Service Revenue: $239
- Gross Receipts: $1,008,999
Assets and Liabilities:
- Total Assets: $303,736
- Total Liabilities: $57,124
- Net Assets: $246,612
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION FEES
Revenue
$239
Organization Details
Founding Year
1978
Phone
(475) 619-9536Principal Officer
Chris Perrett
Main Address
2 LANDMARK SQUARE SUITE 108, STAMFORD, CT, 06901
Website
www.stamfordpartnership.orgNTEE Category
Code: S31 - Community improvement
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