Overview
What is Red Mountain Park Foundation?
The Red Mountain Park Foundation, established in Birmingham, Alabama, serves as a fundraising catalyst for Red Mountain Park, a 501(C)(3) organization. Their mission is to bring communities together by revitalizing an area where Birmingham originated, fostering unity on a path towards a healthier future. The Foundation supports Red Mountain Park's strategic vision of becoming a self-sustaining and award-winning park, contributing to its green space development that is redefining the city. With a team of five dedicated employees, the Red Mountain Park Foundation plays a significant role in supporting and enhancing this vital community space.
Official website here: www.redmountainpark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Red Mountain Park Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With an impressive program expense ratio of 85.54%, the organization demonstrates a strong commitment to channeling funds directly into its programs. The foundation benefits from a fully independent board, with high scores in board independence and transparency of operations.
However, there are some areas for improvement. Although the foundation excels in many aspects of governance, it lacks a conflict of interest policy and a whistleblower policy, which are essential for ensuring ethical conduct and protecting whistleblowers. These deficiencies, alongside the absence of a document retention and destruction policy, could raise concerns about governance practices.
Overall, while the Red Mountain Park Foundation shows considerable strength in financial management and board independence, addressing the gaps in governance policies will enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Red Mountain Park Foundation legitimate?
Red Mountain Park Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Mountain Park 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: $97,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,186
For more financial information, click here
Official website here: www.redmountainpark.org
What is the mission statement of Red Mountain Park Foundation?
The Red Mountain Park Foundation serves as a fundraising catalyst for Red Mountain Park, a 501(C)(3) organization. Its mission is to connect communities by reclaiming land, a place where Birmingham began, and unite them towards a healthier future. The foundation supports Red Mountain Park's strategic vision of becoming a self-sustaining, award-winning park, contributing to the park's efforts in redefining the city through greenspace development.
Official website here: www.redmountainpark.org
Who is the CEO of Red Mountain Park Foundation?
Foster Hyde is the Board Member of Red Mountain Park Foundation.
Official website here: www.redmountainpark.org
What is the revenue of Red Mountain Park Foundation?
Red Mountain Park Foundation's revenue in 2022 was $475,783.
Official website here: www.redmountainpark.org
Who are the executives of Red Mountain Park Foundation and what are their salaries?
The average compensation at Red Mountain Park Foundation during 2022 was $52,717. There are 5 employees at Red Mountain Park Foundation.
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Official website here: www.redmountainpark.org
Where can I find the form 990 for Red Mountain Park Foundation?
Red Mountain Park Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.redmountainpark.org
Learn more at the official website: www.redmountainpark.org
Mission Statement of Red Mountain Park Foundation
The Red Mountain Park Foundation serves as a catalyst for fundraising, supporting Red Mountain Park, a 501(C)(3) organization with a mission to connect communities by revitalizing the land where Birmingham began, fostering unity, and leading towards a healthier future. The Foundation aids Red Mountain Park in its strategic vision to become a self-sustaining, award-winning park, redefining the city through greenspace development. By funding and advancing the park's initiatives, the Red Mountain Park Foundation contributes to the overall betterment of its communities, fostering a sense of unity and promoting a healthier lifestyle.
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Impact
July, 2024
The Red Mountain Park Foundation's impact lies in its support for the Red Mountain Greenway and Recreational Area in Birmingham, Alabama. By serving as the fundraising catalyst for Red Mountain Park, the foundation plays a crucial role in reclaiming the land where Birmingham began. Through this initiative, the foundation aims to connect communities, unite people on a path towards a healthier future, and help redefine the city through greenspace development. Overall, the foundation's work contributes to creating a self-sustaining and award-winning park that benefits the local community and promotes outdoor recreation.
This information is meant to be a general summary of Red Mountain Park 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: $12,046
- Gross Receipts: $475,783
Assets and Liabilities:
- Total Assets: $351,913
- Total Liabilities: $1,829
- Net Assets: $350,084
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Organization Details
Founding Year
2009
Phone
(205) 202-6043Principal Officer
Foster Hyde
Main Address
283 LYON LANE, BIRMINGHAM, AL, 35211
Website
www.redmountainpark.orgNTEE Category
Code: N113 - Recreation
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