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Riverfront Recapture Inc

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

EIN: 061045653 ✦ Hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Riverfront Recapture Inc?

Riverfront Recapture Inc, situated in Hartford, Connecticut, serves as a nonprofit organization dedicated to enhancing the local community's connection with the Connecticut River. Their primary mission entails restoring public access to the river and bolstering recreational and economic opportunities. To accomplish this, they manage a sprawling park system that encompasses both Hartford and East Hartford. Riverfront Recapture hosts an array of family-oriented entertainment events, including cultural performances, concerts, and festivals, such as the Riverfront Food Truck Festival and the Asian Festival. They collaborate with other organizations to present a multifaceted schedule of events, like the Taste of the Caribbean, which showcases Caribbean culture, music, dance, and food. The organization produces numerous music, dance, and arts events, like the Hartbeat Music Festival, an annual celebration of music that has earned a notable reputation. In 2022, Riverfront Recapture showcased more than 142 free public events, attracting a substantial crowd of 50,000 visitors. Their commitment to the community is further demonstrated through the development and maintenance of the parks, as well as providing Ranger services to ensure a pleasant experience for visitors. Riverfront Recapture boasts a dedicated workforce of 90 individuals, ensuring that the parks and events remain well-maintained and enjoyable for the public.


Official website here: www.riverfront.org

What are the reviews and ratings of this charity?

100% rating on Charity Navigator indicates that Riverfront Recapture Inc has achieved a Four-Star out of Four Stars status, which reflects exemplary performance in financial accountability and transparency. This high score is solely derived from their Accountability & Finance metrics, demonstrating the organization’s strong commitment to responsible financial management.

The nonprofit excels in several key areas, such as having a fully independent board with 95% of its members meeting independence criteria. Additionally, it maintains a solid audit and oversight structure, with no instances of material diversion of assets noted. The organization also demonstrates best practices with clear conflict of interest and whistleblower policies.

However, while the financial metrics are impressive, user feedback on program effectiveness or community impact is not part of the rating. Therefore, while the financial health and governance structures of Riverfront Recapture Inc are commendable, potential donors may want to seek additional insights into the organization's programmatic outcomes to understand its overall effectiveness.


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

Is Riverfront Recapture Inc legitimate?

Riverfront Recapture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverfront Recapture 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: $263,761
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,190,215

For more financial information, click here


Official website here: www.riverfront.org

What is the mission statement of Riverfront Recapture Inc?

Riverfront Recapture Inc's mission is centered around connecting people with the Connecticut River. Their primary goal is to restore public access to the river and recognize its potential to enhance the local quality of life by providing increased recreational and economic opportunities. They achieve this mission by managing the riverfront park system, which includes developing the parks, organizing entertainment and activities for various age groups, and overseeing park maintenance and Ranger services. In 2022, over 780,000 visitors enjoyed the diverse range of offerings provided by Riverfront Recapture, including family-friendly entertainment, concerts, festivals, and collaborative events with other organizations. The organization's activities aim to foster a sense of community and promote enjoyment of the Connecticut River.


Official website here: www.riverfront.org

Who is the CEO of Riverfront Recapture Inc?

Michael Zaleski is the President & Ceo of Riverfront Recapture Inc. The CEO's salary of Riverfront Recapture Inc is $157,599 and their total compensation is $162,898.


Official website here: www.riverfront.org

What is the revenue of Riverfront Recapture Inc?

Riverfront Recapture Inc's revenue in 2022 was $4,097,994.


Official website here: www.riverfront.org

Who are the executives of Riverfront Recapture Inc and what are their salaries?

The average compensation at Riverfront Recapture Inc during 2022 was $16,155. There are 90 employees and 1557 volunteers at Riverfront Recapture Inc.


Here are 48 key members and their salaries (Riverfront Recapture Inc's CEO's salary is $157,599 and their total compensation is $162,898):


Michael Zaleski (President & Ceo)
  • Compensation: $157,599
  • Related: $0
  • Other: $5,299
Marc Nicol (Director Of Park Planning & Development)
  • Compensation: $143,369
  • Related: $0
  • Other: $7,739
Peter Morse (Finance Director)
  • Compensation: $106,305
  • Related: $0
  • Other: $31,627
Deborah Baker (Director Of Development)
  • Compensation: $106,983
  • Related: $0
  • Other: $17,408
Christopher Hayes (Director Of Operations)
  • Compensation: $100,302
  • Related: $0
  • Other: $12,190
Margaret Gregg (Secretary)
  • Compensation: $3,631
  • Related: $0
  • Other: $0
Harold Blinderman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Klein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Stanford Iii (Board Member, Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josye Utick (Board Member, Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Adams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Annon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Byrd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Carrier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Cassidy (Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Castonguay Hany (Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ranjana Chawla (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Christian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chinenye Claytor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Clemow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Cody (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julio Concepcion (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Cushman (Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Henry Decker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Freedman (Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liahna Gonda-King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Levaniel Griffin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jenkins (Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Lilley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarad Lucan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Montross (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mullaney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Pittman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Puckly (Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Ripple (Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Rowlins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Sauve (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camille Simpson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herb Virgo (Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aimee Chambers (Ex-Officio Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Hart (Ex-Officio Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Jellison (Ex-Officio Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pasquale Salemi (Ex-Officio Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Trinks (Ex-Officio Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Walsh (Ex-Officio Board Member, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sebrina Wilson (Ex-Officio Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.riverfront.org

Where can I find the form 990 for Riverfront Recapture Inc?

Riverfront Recapture Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.riverfront.org

Learn more at the official website: www.riverfront.org

Mission Statement of Riverfront Recapture Inc

Riverfront Recapture, an organization with a mission, strives to bridge the gap between people and the Connecticut River. Their primary goal is to restore public access to this natural resource, recognizing its potential to significantly enhance the quality of life in the region. By doing so, Riverfront Recapture aims to increase recreational and economic opportunities, ultimately fostering a stronger community connection with the river. This mission is accomplished through their commitment to developing and maintaining the riverfront parks, as well as coordinating entertainment, activities, and events for all ages. These offerings, ranging from cultural performances to concerts and festivals, attract a diverse audience of over 780,000 visitors annually, making the riverfront a vibrant and engaging space for the community.

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Impact




July, 2024

Riverfront Recapture Inc's impact is significant in connecting people with the Connecticut River. Through its management of the riverfront park system in Hartford and East Hartford, Riverfront Recapture provides a wide range of entertainment and activities for all ages. In 2022 alone, over 780,000 visitors enjoyed the offerings provided by Riverfront Recapture. The organization hosts numerous events throughout the year, such as cultural performances, concerts, festivals, and food truck festivals, attracting thousands of visitors and promoting community engagement. By fostering public access to the Connecticut River and enhancing recreational and economic opportunities in the region, Riverfront Recapture plays a vital role in improving the quality of life for local residents and visitors alike.




This information is meant to be a general summary of Riverfront Recapture 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
$4,097,994 (2022)
Expenses
$3,903,081 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $170,284
  • Program Service Revenue: $621,353
  • Gross Receipts: $4,134,997

Assets and Liabilities:

  • Total Assets: $6,732,502
  • Total Liabilities: $546,645
  • Net Assets: $6,185,857

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Programs

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

Water Related Lessons and Fees

Revenue

$326,339

Sporting Event Entry Fees

Revenue

$212,355

Event Vendor Fees

Revenue

$57,184

Ropes Course Teambuilding Fees

Revenue

$25,475

Organization Details

Founding Year

1981

Principal Officer

Michael Zaleski

Main Address

50 Columbus Boulevard 1st Floor, Hartford, CT, 06106

NTEE Category

Code: N32Z - Recreation

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