Overview
What is Rome Community Brownfield Restoration Corporation?
The Rome Community Brownfield Restoration Corporation is a nonprofit organization based in Rome, New York, with an address at 584 Phoenix Drive. Their primary mission revolves around fostering economic development within the city and its surrounding areas. This is achieved by rehabilitating buildings and cleaning up contamination on properties, acting as a title holder and manager for said properties with the intention of economic development. Their ultimate goal is to revitalize and ensure economic sustainability for the city of Rome, NY, by addressing environmental issues and restoring uninhabitable buildings, before selling or leasing the properties at a reasonable price for further development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Rome Community Brownfield Restoration Corporation has been rated 84%, reflecting a solid commitment to accountability and finance. This score is derived solely from its performance in the Accountability & Finance category, indicating that the organization maintains a robust operational framework and transparency in its financial practices.
Strengths include a fully independent board, with all members meeting the criteria for independence, and a strong program expense ratio of 97.72%, showcasing efficient allocation of resources towards its mission. Additionally, the nonprofit has policies in place for conflict of interest, whistleblower protection, and document retention, all contributing to its sound governance practices.
However, the rating is limited to financial metrics, and while the organization demonstrates strong accountability, additional evaluations regarding program effectiveness and community impact are not reflected in this score. Future assessments could benefit from a broader scope that includes these aspects for a more comprehensive understanding of the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Rome Community Brownfield Restoration Corporation legitimate?
Rome Community Brownfield Restoration Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rome Community Brownfield Restoration Corporation 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
What is the mission statement of Rome Community Brownfield Restoration Corporation?
The Rome Community Brownfield Restoration Corporation aims to stimulate the growth and revitalization of property within its vicinity. As a title-holding entity, it manages properties for economic development purposes. The organization's primary objective is to breathe new life into its urban landscape by addressing environmental issues such as contamination and rehabilitating uninhabitable buildings. Following cleanups and renovations, the properties are then sold or leased at reasonable prices, contributing to the economic sustainability of the city. In essence, the corporation seeks to promote economic development through building rehabilitation and contamination clean up.
Who is the CEO of Rome Community Brownfield Restoration Corporation?
Robert Angelicola is the President of Rome Community Brownfield Restoration Corporation.
What is the revenue of Rome Community Brownfield Restoration Corporation?
Rome Community Brownfield Restoration Corporation's revenue in 2022 was $186,505.
Who are the executives of Rome Community Brownfield Restoration Corporation and what are their salaries?
There 2 volunteers at Rome Community Brownfield Restoration Corporation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rome Community Brownfield Restoration Corporation?
Rome Community Brownfield Restoration Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rome Community Brownfield Restoration Corporation
The Rome Community Brownfield Restoration Corporation, a dedicated organization, is committed to promoting economic development within its jurisdiction. Its primary mission is to revitalize properties, focusing on contaminated sites within the city and its surroundings, and transforming them into spaces suitable for development or reuse. The Corporation serves as a title-holding entity, managing properties for the purpose of economic development.
The organization's ultimate goal is to provide economic sustainability by cleaning up contamination and rehabilitating buildings that are uninhabitable. Once the properties have been restored, the Corporation sells or leases them at a reasonable price, thereby facilitating economic growth. In essence, the Rome Community Brownfield Restoration Corporation aims to breathe new life into its city, enhancing its livability and fostering a thriving economy.
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Impact
June, 2024
The Rome Community Brownfield Restoration Corporation's impact is evident in its efforts to revitalize and provide economic sustainability for the city of Rome, NY. By cleaning up contamination, rehabilitating uninhabitable buildings, and then selling or leasing the property at a reasonable price, the organization is actively promoting economic development in the area. Through this work, the corporation is contributing to the transformation of blighted properties into valuable assets for the community, ultimately helping to enhance the local economy and environment.
This information is meant to be a general summary of Rome Community Brownfield Restoration Corporation. 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.
- Program Service Revenue: $138,364
- Gross Receipts: $186,505
Assets and Liabilities:
- Total Assets: $2,109,922
- Total Liabilities: $173,577
- Net Assets: $1,936,345
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASES
Revenue
$138,364
Organization Details
Founding Year
2004
Phone
(315) 338-0393Principal Officer
Robert Angelicola
Main Address
584 PHOENIX DRIVE, ROME, NY, 13441
NTEE Category
Code: C34 - Environment
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