Overview
What is Greater Trenton Inc?
Greater Trenton Inc is a dedicated nonprofit organization based in Trenton, New Jersey, specifically at 124 WEST STATE STREET. Their primary mission is to revitalize the city, with a strong focus on the downtown area, by leveraging and fostering both private and public resources. They aim to enhance redevelopment initiatives in Trenton, New Jersey, utilizing community resources effectively. By doing so, they strive to promote a vibrant and revitalized city. Their team consists of 7 dedicated individuals working towards this objective.
Official website here: www.greatertrenton.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Greater Trenton Inc has achieved an impressive score of 96%, indicating strong financial health and accountability. The rating is derived solely from its accountability and finance metrics, reflecting a commitment to transparency and sound management practices. The four-star rating signifies that the organization excels in its operational effectiveness.
The organization demonstrates robust governance, with an entirely independent board comprising 15 members. Additionally, it has established a comprehensive audit and oversight committee and adheres to various policies, including conflict of interest and whistleblower protections, which enhances its accountability framework. Its low liabilities-to-assets ratio and high program expense ratio (80.70%) indicate a focus on maximizing resources for programmatic activities.
While the data showcases several strengths, it's important for potential donors to consider that the rating is based solely on financial measures. Other aspects of the organization, such as program impact and community engagement, are not reflected in this score. Nonetheless, Greater Trenton Inc stands out as a well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Trenton Inc legitimate?
Greater Trenton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Trenton 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: $0
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Other Salaries and Wages: $486,558
For more financial information, click here
Official website here: www.greatertrenton.org/
What is the mission statement of Greater Trenton Inc?
Greater Trenton Inc's mission is centered around facilitating and promoting urban revitalization initiatives. They achieve this by leveraging both public and private resources, as well as community involvement. The primary focus of their efforts is to revitalize the downtown area of an unspecified city, with the ultimate goal of enhancing its overall development. The organization serves as a broker and facilitator, fostering partnerships and collaborations to drive these redevelopment projects.
Official website here: www.greatertrenton.org/
Who is the CEO of Greater Trenton Inc?
George D Sowa is the Board Chairman of Greater Trenton Inc. The CEO's salary of Greater Trenton Inc is $276,771 and their total compensation is $331,598.
Official website here: www.greatertrenton.org/
What is the revenue of Greater Trenton Inc?
Greater Trenton Inc's revenue in 2022 was $628,505.
Official website here: www.greatertrenton.org/
Who are the executives of Greater Trenton Inc and what are their salaries?
The average compensation at Greater Trenton Inc during 2022 was $69,508. There are 7 employees and 15 volunteers at Greater Trenton Inc.
Here are 17 key members and their salaries (Greater Trenton Inc's CEO's salary is $276,771 and their total compensation is $331,598):
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- Compensation: $128,802
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- Compensation: $276,771
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- Other: $54,827
Official website here: www.greatertrenton.org/
Where can I find the form 990 for Greater Trenton Inc?
Greater Trenton Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatertrenton.org/
Learn more at the official website: www.greatertrenton.org/
Mission Statement of Greater Trenton Inc
Greater Trenton Inc, a nonprofit organization, is dedicated to brokering, fostering, and leveraging private, public, and community resources. Their mission is to enhance and promote redevelopment initiatives that aim to revitalize the city of Trenton, New Jersey, with a particular emphasis on the downtown area. By doing so, Greater Trenton Inc seeks to breathe new life into the city, utilizing a diverse range of resources to drive sustainable growth and improvement. Their work focuses on fostering collaborative efforts between various sectors, ultimately contributing to the overall development and rejuvenation of the city.
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Impact
July, 2024
Greater Trenton Inc plays a crucial role in facilitating, fostering, and leveraging a wide range of private, public, and community resources to enhance and promote redevelopment initiatives aimed at revitalizing the city of Trenton, New Jersey, particularly focusing on the downtown area. Through its diligent work, Greater Trenton Inc significantly contributes to the economic growth, social vibrancy, and overall improvement of Trenton by catalyzing strategic investments, fostering partnerships, and driving transformative projects that benefit the entire community. Its impact is instrumental in driving positive change and creating a more prosperous future for the city and its residents.
This information is meant to be a general summary of Greater Trenton 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.
- Gross Receipts: $652,584
Assets and Liabilities:
- Total Assets: $1,517,430
- Total Liabilities: $280,038
- Net Assets: $1,237,392
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Organization Details
Founding Year
2007
Phone
(609) 473-2837Principal Officer
George D Sowa
Main Address
124 WEST STATE STREET, TRENTON, NJ, 08608
Website
www.greatertrenton.org/NTEE Category
Code: S30 - Community improvement
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