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Waterfront Alliance Inc

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

EIN: 134355067 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Waterfront Alliance Inc?

Waterfront Alliance Inc is a nonprofit organization that originated as a project of the Municipal Art Society of New York in 2000. The primary objective of this organization is to seize opportunities with significant impacts on the waterfront. While the exact mission statement is not provided in the information, it is implied that Waterfront Alliance Inc aims to make a substantial difference in the waterfront sector by capitalizing on various prospects. The organization's activities and influence extend beyond its inception, continuing to shape the waterfront landscape in an impactful manner.


Official website here: www.waterfrontalliance.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%

Waterfront Alliance Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong financial health and transparency. With a perfect score in Accountability & Finance, the organization demonstrates effective management of resources, including having an independent board and no reported material diversions of assets. The organization’s financial practices are solid, as evidenced by their low liabilities to assets ratio and high program expense ratio.

In addition to its financial strengths, Waterfront Alliance excels in leadership and adaptability, scoring 100% in this area. The organization has established a clear strategic direction and showcases effective leadership and responsiveness to changing conditions. Feedback mechanisms are robust, allowing the organization to collect and utilize stakeholder input effectively.

The culture and community aspect of the organization also stands out, with a perfect score in this category. Waterfront Alliance prioritizes community engagement and practices that foster a supportive organizational environment. Overall, the nonprofit exhibits a strong commitment to accountability, financial stability, and community involvement, positioning itself as a responsible and impactful entity.


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

Is Waterfront Alliance Inc legitimate?

Waterfront Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterfront Alliance 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: $195,000
Professional Fundraising Fees: $157,340
Other Salaries and Wages: $749,225

For more financial information, click here


Official website here: www.waterfrontalliance.org

What is the mission statement of Waterfront Alliance Inc?

The Waterfront Alliance, initially initiated as a project by the Municipal Art Society of New York in 2000, was established to seize opportunities that could significantly impact the waterfront. Its mission, however, is not explicitly stated in the provided information. The organization aims to capitalize on these opportunities with far-reaching consequences for the waterfront. Its activities are focused on leveraging these chances to bring about positive changes.


Official website here: www.waterfrontalliance.org

Who is the CEO of Waterfront Alliance Inc?

Cortney Koenig Worrall is the President And Ceo of Waterfront Alliance Inc. The CEO's salary of Waterfront Alliance Inc is $195,000 and their total compensation is $207,632.


Official website here: www.waterfrontalliance.org

What is the revenue of Waterfront Alliance Inc?

Waterfront Alliance Inc's revenue in 2022 was $2,284,710.


Official website here: www.waterfrontalliance.org

Who are the executives of Waterfront Alliance Inc and what are their salaries?

The average compensation at Waterfront Alliance Inc during 2022 was $67,445. There are 14 employees and 60 volunteers at Waterfront Alliance Inc.


Here are 21 key members and their salaries (Waterfront Alliance Inc's CEO's salary is $195,000 and their total compensation is $207,632):


Cortney Worrall (President And Ceo)
  • Compensation: $195,000
  • Related: $0
  • Other: $12,632
Christopher O Ward (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colonel John R Boule Ii (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Robb (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Pullen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillary Lane (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Pettyjohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent L Barwick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rear Admiral Rick Larrabee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stamatis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Madonia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael O'Keefe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constantine Sanoulis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Shepard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard S Weeks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Balder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Montoya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew S Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Nice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianne Dillon-Ridgley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Mcletchie-Sheldon (Chief Operating Officer)
  • Compensation: $119,127
  • Related: $0
  • Other: $11,613


Official website here: www.waterfrontalliance.org

Where can I find the form 990 for Waterfront Alliance Inc?

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


Official website here: www.waterfrontalliance.org

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

Mission Statement of Waterfront Alliance Inc

Waterfront Alliance Inc, initially a project of the Municipal Art Society of New York established in 2000, was founded with a mission to seize opportunities that could significantly impact the waterfront. The organization's purpose is to capitalize on these opportunities, understanding their substantial implications for the waterfront. By doing so, Waterfront Alliance Inc aims to contribute positively to the area, leveraging its potential for the betterment of the community.

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Impact




October, 2024

Waterfront Alliance Inc. has significantly influenced the revitalization and sustainable development of urban waterfronts in New York. Founded in 2000 as a project of the Municipal Art Society of New York, it has focused on promoting initiatives that enhance the social, economic, and environmental quality of waterfront areas. By advocating for community engagement and better planning, Waterfront Alliance works to improve access to waterfronts, prioritize public spaces, and address pressing issues such as climate resilience.

Through a collaborative approach, the organization fosters partnerships among stakeholders, including local community members, government entities, and businesses, leading to impactful projects that enhance recreational opportunities and strengthen local economies. The Waterfront Alliance's efforts have contributed to a more vibrant, accessible, and sustainable waterfront, ultimately benefiting the communities that rely on these crucial urban spaces.




This information is meant to be a general summary of Waterfront Alliance 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
$2,284,710 (2022)
Expenses
$2,023,517 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,750
  • Program Service Revenue: $176,486
  • Gross Receipts: $2,349,177

Assets and Liabilities:

  • Total Assets: $1,896,176
  • Total Liabilities: $435,475
  • Net Assets: $1,460,701

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Programs

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

WATERFRONT CONSULTING

Revenue

$66,000

CONFERENCE FEES

Revenue

$38,313

EVENT TICKET

Revenue

$2,008

COURSE FEES

Revenue

$70,165

Organization Details

Founding Year

2007

Principal Officer

Cortney Koenig Worrall

Main Address

256 W 36 STREET 11 FLOOR, NEW YORK, NY, 10018

NTEE Category

Code: S20 - Community improvement

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