Overview
What is Greater Houston Partnership Foundation?
The Greater Houston Partnership Foundation is a charitable organization based in Houston, Texas, specifically at 701 Avenida De Las Americas Ste 900. Their primary focus is on economic development, particularly in economically deprived areas of the Houston region. Their mission involves encouraging job recruitment and retention by targeting job creation and new investments in these areas, which historically have low capital investment and job growth. Through collaboration with existing companies and promoting the Houston region to potential employers, the foundation aims to boost job creation and investments, thereby preventing and combating community deterioration.
Official website here: www.houston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Greater Houston Partnership Foundation has achieved an impressive 96% rating from Charity Navigator, indicating a high level of accountability and financial health. This rating reflects a strong commitment to transparency and responsible financial management, as evidenced by a perfect score on various financial metrics, including a program expense ratio of 99.78%. This suggests that nearly all of its funds are directed toward program services, which is a positive indicator for donors looking to maximize the impact of their contributions.
The organization boasts a fully independent board, with 100% of its members meeting independence criteria, alongside a small board size that facilitates effective governance. The presence of comprehensive policies, such as those for conflict of interest and whistleblower protection, further demonstrate the foundation's dedication to ethical practices and oversight. Additionally, the absence of any material diversion of assets reinforces its reliability as a nonprofit.
While the data highlights several strengths in governance and financial management, it is essential for potential donors and supporters to consider how these factors translate into tangible outcomes for the community served. Overall, the foundation's robust fiscal practices and governance structures position it as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Houston Partnership Foundation legitimate?
Greater Houston Partnership Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Houston Partnership Foundation 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
Official website here: www.houston.org
What is the mission statement of Greater Houston Partnership Foundation?
The Greater Houston Partnership Foundation's mission is focused on stimulating economic growth in the broader Houston area, particularly in economically deprived sectors. The organization is dedicated to formulating and executing strategic plans that foster economic development in the region. By providing capital investment and promoting job opportunities, the foundation aims to revitalize economically stagnant areas that have historically experienced low investment and job growth. The foundation collaborates with existing businesses and showcases the Houston region to potential employers, thereby contributing to the creation of new jobs and investments, thereby preventing and combating community deterioration.
Official website here: www.houston.org
Who is the CEO of Greater Houston Partnership Foundation?
Robert W Harvey is the President of Greater Houston Partnership Foundation.
Official website here: www.houston.org
What is the revenue of Greater Houston Partnership Foundation?
Greater Houston Partnership Foundation's revenue in 2022 was $1,866,671.
Official website here: www.houston.org
Who are the executives of Greater Houston Partnership Foundation and what are their salaries?
There 3 volunteers at Greater Houston Partnership Foundation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $704,898
- Other: $32,113
- Compensation: $0
- Related: $320,658
- Other: $21,666
- Compensation: $0
- Related: $291,634
- Other: $21,051
- Compensation: $0
- Related: $71,244
- Other: $6,569
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.houston.org
Where can I find the form 990 for Greater Houston Partnership Foundation?
Greater Houston Partnership Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.houston.org
Learn more at the official website: www.houston.org
Mission Statement of Greater Houston Partnership Foundation
The Greater Houston Partnership Foundation is dedicated to fostering economic development in the wider Houston area, with a particular focus on regions that have historically experienced economic depression. Recognizing the low capital investment and job growth in these areas, the foundation sets out to develop and implement strategic plans to revitalize the economy. By participating in charitable economic development, the Greater Houston Partnership Foundation aims to encourage the recruitment and retention of jobs within these economically deprived zones. The foundation works to stimulate job creation and attract new investment by collaborating with existing companies and promoting the Houston region to potential employers. This proactive approach contributes to preventing and combating community deterioration.
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Impact
October, 2024
The Greater Houston Partnership Foundation significantly impacts economic development in the Greater Houston area, particularly in economically depressed regions. By focusing on areas that have historically experienced low capital investment and stagnated job growth, the Foundation plays a crucial role in revitalizing these communities.
Through targeted initiatives, the Foundation engages in charitable economic development aimed at encouraging job creation and new investments. It collaborates with existing companies while actively promoting the Houston region to prospective employers, fostering an environment conducive to recruitment and retention of jobs. This multi-faceted approach helps combat community deterioration, enhancing the overall economic landscape in underprivileged areas.
By implementing strategic plans tailored to the unique needs of the Greater Houston region, the Foundation not only contributes to immediate economic improvements but also lays the groundwork for sustainable growth and prosperity for years to come. This commitment to fostering economic opportunity significantly enriches the lives of residents and strengthens the community as a whole.
This information is meant to be a general summary of Greater Houston Partnership Foundation. 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: $1,040
- Gross Receipts: $2,181,040
Assets and Liabilities:
- Total Assets: $5,401,549
- Total Liabilities: $0
- Net Assets: $5,401,549
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Organization Details
Founding Year
2007
Phone
(713) 844-3667Principal Officer
Robert W Harvey
Main Address
701 Avenida De Las Americas Ste 900, HOUSTON, TX, 77010
Website
www.houston.orgNTEE Category
Code: S30 - Community improvement
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