Overview
What is Highland Park Commons Inc?
Highland Park Commons Inc is a nonprofit organization based in Chattanooga, Tennessee. Their primary mission is to improve and develop public amenities, public spaces, sports and recreational facilities, green spaces, and a community garden, specifically in the Highland Park neighborhood, an inner-city area of Chattanooga. By acquiring, holding, and managing real property, they aim to provide beneficial public uses, such as parks and recreational facilities, for the residents of Highland Park and the citizens of Chattanooga as a whole. Their charitable activities are geared towards enhancing the quality of life in this community, promoting social engagement and recreation for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Highland Park Commons Inc has earned a commendable rating of 94% from Charity Navigator, highlighting its strong accountability and financial management. This rating is based entirely on a single beacon score focused on Accountability & Finance, demonstrating the organization’s commitment to transparency and responsible stewardship of funds. The perfect scores in various categories, including independent board members and material diversion of assets, reflect an effective governance structure.
The organization boasts a fully independent board, with 100% of its members being independent, which is a positive indicator of its oversight and integrity. Additionally, Highland Park Commons Inc has implemented strong policies, including conflict of interest, whistleblower, and document retention policies, further reinforcing its commitment to ethical practices. The absence of liabilities and the total allocation of funds to program expenses illustrate its dedication to maximizing the impact of its resources.
While the data showcases significant strengths, it is important for potential supporters to consider any limitations or areas for further information that may not be detailed here. Overall, Highland Park Commons Inc sets a high standard in nonprofit accountability, making it a trustworthy option for donors looking to support effective and responsible initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Highland Park Commons Inc legitimate?
Highland Park Commons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highland Park Commons 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Highland Park Commons Inc?
Highland Park Commons Inc is dedicated to serving its community by acquiring, managing, and utilizing real estate for the establishment of public parks, recreational facilities, and other complementary public spaces. The primary aim of this organization is to enhance the quality of life for the residents of Highland Park and the citizens of Chattanooga, Tennessee, by providing these amenities within an inner-city area. The mission of Highland Park Commons Inc is centered around improving the community's well-being through the provision of essential recreational spaces.
Who is the CEO of Highland Park Commons Inc?
Charles W Phillips is the Treasurer of Highland Park Commons Inc.
What is the revenue of Highland Park Commons Inc?
Highland Park Commons Inc's revenue in 2022 was $76,000.
Who are the executives of Highland Park Commons Inc and what are their salaries?
There 180 volunteers at Highland Park Commons Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Highland Park Commons Inc?
Highland Park Commons Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Highland Park Commons Inc
Highland Park Commons Inc, a charitable organization, is dedicated to serving the community by acquiring, managing, and utilizing real estate for public parks, recreational facilities, and complementary public uses. This nonprofit aims to benefit the residents of Highland Park, an inner-city area, and the citizens of Chattanooga, Tennessee as a whole. By providing these resources, Highland Park Commons Inc seeks to enhance the quality of life and community engagement within the Highland Park neighborhood. The organization's mission is to contribute positively to the community by fostering a sense of belonging and promoting recreational activities for all its members.
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Impact
August, 2024
Highland Park Commons Inc's impact can be seen in the development and enhancement of public amenities, public spaces, sports and recreational areas, green spaces, and a community garden in the Highland Park neighborhood of Chattanooga, Tennessee. By acquiring, holding, and managing real property for public parks and recreational facilities, Highland Park Commons Inc is working towards creating a better quality of life for the residents of Highland Park and the citizens of Chattanooga. Their efforts contribute to community improvement, fostering a sense of belonging and well-being among the local population.
This information is meant to be a general summary of Highland Park Commons 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.
- Program Service Revenue: $30,000
- Gross Receipts: $76,000
Assets and Liabilities:
- Total Assets: $2,288,838
- Total Liabilities: $0
- Net Assets: $2,288,838
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$30,000
Organization Details
Founding Year
2009
Phone
(423) 755-1813Principal Officer
Charles W Phillips
Main Address
PO BOX 447, CHATTANOOGA, TN, 374010477
NTEE Category
Code: S20 - Community improvement
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