Overview
What is Richardson Center Corporation?
Richardson Center Corporation is a nonprofit organization located at 444 Forest Avenue, Buffalo, New York. Their primary mission is to rehabilitate and redevelop the historic Richardson Olmsted Campus, a National Historic Landmark, situated in Buffalo. The corporation envisions transforming this campus, which includes H. H. Richardson-designed buildings and Frederick Law Olmsted-designed grounds (the former Buffalo State Asylum for the Insane), into a vibrant, mixed-use, multi-purpose civic campus. The revitalized space will offer a blend of contemporary concepts and 19th-century heritage, providing a premier location for architectural, educational, cultural, and recreational activities. By doing so, they aim to benefit the residents and visitors of the Richardson community, the Museum District, the Elmwood Village, and the entire Buffalo Niagara region. The corporation currently employs 4 individuals.
Official website here: www.richardson-olmsted.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating
The Richardson Center Corporation has received a solid Three-Star rating on Charity Navigator, indicating a respectable level of accountability and financial health. The overall score reflects a strong focus on governance, with a perfect score for having an entirely independent board of directors and a commendable liability-to-assets ratio. This suggests financial stability and a commitment to transparency within the organization.
Strengths of the Richardson Center include its comprehensive policies on conflict of interest, whistleblowing, and document retention, all of which contribute to its high accountability rating. Additionally, the organization has demonstrated good governance practices by maintaining detailed meeting minutes. The program expense ratio is also noteworthy, indicating that a significant portion of funds is directed towards its programs and services.
However, the program expense ratio stands at 61.05%, which, while better than many nonprofits, may raise questions about the allocation of funds relative to programmatic impact. It would be beneficial for the organization to enhance this aspect to further improve its efficiency and effectiveness in fulfilling its mission. Overall, the Richardson Center Corporation shows promise in its governance and financial practices, but there remains room for improvement in program expenditure.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Richardson Center Corporation?
86% of 393 reviewers on Facebook recommend Richardson Center Corporation. Here is a summary of their reviews:
The feedback highlights a positive experience, particularly noting the beauty and cleanliness of the facility. Many reviewers appreciate the friendly staff, indicating a welcoming atmosphere that enhances visitors' experiences. The impressive architecture and tranquil grounds are frequently mentioned, contributing to the overall appeal of the location.
Overall, it seems that Richardson Center Corporation delivers on its promises, offering a well-maintained and inviting environment that resonates well with guests. Many look forward to future visits, further solidifying their satisfaction with the nonprofit's services.
This AI summary has been generated from reviews found on Facebook.
Is Richardson Center Corporation legitimate?
Richardson Center Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richardson Center 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: $150,179
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,153
For more financial information, click here
Official website here: www.richardson-olmsted.com
What is the mission statement of Richardson Center Corporation?
The Richardson Center Corporation envisions the restoration of the National Historic Landmark Richardson Olmsted Campus, which includes buildings designed by H. H. Richardson and grounds planned by Frederick Law Olmsted. Their goal is to transform this site into a mixed-use, multi-purpose civic campus, hosting both public and private activities. By merging modern concepts with their 19th-century legacy, they aim to create a nationally significant, economically self-sustaining, and environmentally sound campus. This revitalized location will cater to architectural, educational, cultural, and recreational activities, benefiting residents and visitors from various communities.
Official website here: www.richardson-olmsted.com
Who is the CEO of Richardson Center Corporation?
Paris Roselli is the Chairperson of Richardson Center Corporation.
Official website here: www.richardson-olmsted.com
What is the revenue of Richardson Center Corporation?
Richardson Center Corporation's revenue in 2022 was $501,725.
Official website here: www.richardson-olmsted.com
Who are the executives of Richardson Center Corporation and what are their salaries?
The average compensation at Richardson Center Corporation during 2022 was $51,833. There are 4 employees and 18 volunteers at Richardson Center Corporation.
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- Compensation: $114,077
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- Other: $17,460
Official website here: www.richardson-olmsted.com
Where can I find the form 990 for Richardson Center Corporation?
Richardson Center Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.richardson-olmsted.com
Learn more at the official website: www.richardson-olmsted.com
Mission Statement of Richardson Center Corporation
The Richardson Center Corporation envisions the transformation of the National Historic Landmark Richardson Olmsted Campus, previously known as the Buffalo State Asylum for the Insane, into a vibrant, mixed-use, multi-purpose civic hub. This rehabilitation project, encompassing the H. H. Richardson-designed buildings and Frederick Law Olmsted-designed grounds, aims to become a distinguished, economically sustainable, and environmentally sound 21st-century attraction. By harmonizing modern concepts with its 19th-century heritage, the Richardson Center Corporation intends to create a top-tier, culturally rich, and recreational space suitable for residents and visitors of the Richardson community, Museum District, Elmwood Village, and the wider Buffalo Niagara Region. The revitalized campus will cater to a variety of activities, including architectural, educational, cultural, and recreational events, ultimately contributing to the enhancement of the local community.
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Impact
July, 2024
The Richardson Center Corporation's impact lies in its efforts to facilitate the rehabilitation, redevelopment, and continued construction of the National Historic Landmark Richardson Olmsted Campus located in Buffalo, New York. Their vision is to transform this former Buffalo State Asylum for the Insane into a mixed-use, multi-purpose civic campus that serves as a hub for public and private activities. By marrying contemporary ideas with their 19th-century architectural heritage, the Richardson Center Corporation aims to create a nationally significant, economically self-sustaining, and environmentally sound space for architectural, educational, cultural, and recreational activities. Ultimately, their work contributes to the revitalization of the Richardson community, the museum district, the Elmwood Village, and the broader Buffalo Niagara region, making a lasting impact on the local community and its visitors.
This information is meant to be a general summary of Richardson Center 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.
- Investment Income: $5,366
- Gross Receipts: $501,725
Assets and Liabilities:
- Total Assets: $62,441,512
- Total Liabilities: $1,426,162
- Net Assets: $61,015,350
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Organization Details
Founding Year
2006
Phone
(716) 601-1150Principal Officer
Paris Roselli
Main Address
444 FOREST AVENUE, BUFFALO, NY, 14213
Website
www.richardson-olmsted.comNTEE Category
Code: S30 - Community improvement
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