Overview
What is Sprc Inc?
Sprc Inc, formally known as the Sunset Park Redevelopment Committee Inc, is a nonprofit organization based in Brooklyn, New York. Their main mission is to contribute to projects and initiatives aimed at combating community deterioration and improving living conditions in the Sunset Park area of Kings County. They prioritize outreach to vulnerable groups, such as the elderly, disabled, and families with children, to provide cost-effective energy and water conservation measures. The organization conducts on-site energy audits to determine the most suitable conservation methods for each building. Sprc Inc also collaborates with local governmental and civic bodies to improve housing, community, and recreational facilities, ultimately working towards the general welfare of the community. The nonprofit employs a team of 18 individuals.
Official website here: www.sprcinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Sprc Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored highly in various categories, earning a full score for having an entirely independent board and maintaining rigorous financial oversight. With a program expense ratio of 93.71%, it demonstrates a commitment to directing funds toward its mission rather than administrative costs.
The organization’s accountability measures are robust, with established policies for conflict of interest, whistleblower protections, and document retention. Its financial health is further underscored by a favorable liabilities to assets ratio of 37.00%. These attributes contribute to a transparent and responsible operational framework, fostering trust among donors and stakeholders.
While the rating indicates strong performance, it is essential for potential donors and supporters to continually monitor ongoing evaluations and feedback to ensure the organization maintains its high standards. Overall, Sprc Inc stands out for its dedication to responsible governance and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Sprc Inc legitimate?
Sprc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sprc 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: $137,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $856,149
For more financial information, click here
Official website here: www.sprcinc.org
What is the mission statement of Sprc Inc?
Sprc Inc, through its Sunset Park Redevelopment Committee, assists in the redevelopment, renewal, and improvement of communities to combat community deterioration and ensure adequate housing and related facilities. Their activities involve working in cooperation and coordination with local governmental and civic bodies. One of their initiatives includes providing weatherization services to low-income homeowners and tenants in Brooklyn, prioritizing outreach to the elderly, disabled, and families with children to implement cost-effective energy and water conservation measures.
Official website here: www.sprcinc.org
Who is the CEO of Sprc Inc?
Gary Brown is the Chairperson of Sprc Inc.
Official website here: www.sprcinc.org
What is the revenue of Sprc Inc?
Sprc Inc's revenue in 2022 was $4,802,190.
Official website here: www.sprcinc.org
Who are the executives of Sprc Inc and what are their salaries?
The average compensation at Sprc Inc during 2022 was $55,206. There are 18 employees and 12 volunteers at Sprc Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $121,484
- Related: $0
- Other: $16,084
Official website here: www.sprcinc.org
Where can I find the form 990 for Sprc Inc?
Sprc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sprcinc.org
Learn more at the official website: www.sprcinc.org
Mission Statement of Sprc Inc
Sprc Inc, a nonprofit organization, is committed to assisting in projects and activities aimed at combating community deterioration. Its mission is to work collaboratively with local governmental and civic bodies to eliminate slums, blights, and blighting influences. The primary goal is to improve the Sunset Park area of Kings County, providing adequate housing, community and recreational facilities, and other related services that promote progress and general welfare within the community.
In pursuit of this mission, Sprc Inc focuses on redevelopment, renewal, and improvement projects in Sunset Park and other areas of Kings County. The organization's main objective is to combat community deterioration, ensuring the availability of suitable housing and favorable living conditions for the community's residents. To achieve this, Sprc Inc undertakes a range of activities, including weatherization initiatives. They have contracts with the State of New York to offer weatherization services to low-income homeowners and tenants in Brooklyn. The organization prioritizes outreach to vulnerable groups such as the elderly, disabled, and families with children, ensuring cost-effective energy and water conservation measures based on onsite energy audits.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Sprc Inc plays a crucial role in revitalizing the Sunset Park area of Kings County by collaborating with local governmental and civic bodies to eliminate slums and address blight. Their initiatives focus on comprehensive community planning, redevelopment, and improvement, ensuring that residents have access to adequate housing and essential services.
One of their key activities is weatherization, where they partner with the State of New York to offer critical energy efficiency services to low-income homeowners and tenants in Brooklyn. This includes prioritizing assistance for vulnerable populations, such as the elderly, disabled, and families with children, allowing them to benefit from cost-effective energy and water conservation measures. Through on-site energy audits, Sprc Inc tailors solutions that enhance living conditions while promoting economic sustainability within the community.
Ultimately, Sprc Inc’s efforts contribute significantly to the overall welfare of Sunset Park, fostering a healthier, safer, and more vibrant community environment. Their commitment to combating community deterioration is evident in their unwavering focus on creating positive living conditions and promoting community development.
This information is meant to be a general summary of Sprc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,525
- Program Service Revenue: $1,250,579
- Gross Receipts: $5,072,101
Assets and Liabilities:
- Total Assets: $3,930,717
- Total Liabilities: $1,454,484
- Net Assets: $2,476,233
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE INCOME
Revenue
$805,966
RENTAL INCOME
Revenue
$444,613
Organization Details
Founding Year
1973
Phone
(718) 492-8580Principal Officer
Gary Brown
Main Address
5101 4TH AVE 2ND FL, BROOKLYN, NY, 112201815
Website
www.sprcinc.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Sprc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.