Overview
What is Haiti Renewal Alliance?
Haiti Renewal Alliance is a small, nonprofit organization situated in Bethesda, Maryland. Their primary objective is to foster integration of the Diaspora in global development, specifically focusing on sustainable business development and investment, particularly in Haiti and the wider Caribbean. They have developed a framework for Diaspora coordination to effectively respond to humanitarian assistance. Their mission can be summarized as promoting Diaspora integration in global development, with a focus on fostering sustainable business growth and investment in Haiti and the Caribbean.
Official website here: www.haitirenew.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating.
Haiti Renewal Alliance has received a Three-Star rating, reflecting an overall score of 79% based primarily on its accountability and finance practices. The charity has demonstrated strong financial management, particularly with a 100% score in program expense ratio, indicating that all of its expenses are directed towards its programs, which is a significant strength for potential donors.
The organization has also excelled in meeting critical accountability benchmarks, such as having a conflict of interest policy and a whistleblower policy, both of which are listed and fully compliant. Furthermore, there are no reported material diversions of assets, and the organization maintains a zero liability to assets ratio, highlighting its financial stability.
While the charity has shown commendable practices in terms of financial transparency and governance, it is important to note that its rating is solely based on accountability and finance metrics. Potential supporters may wish to explore the effectiveness and impact of its programs further to gain a more comprehensive understanding of its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Haiti Renewal Alliance legitimate?
Haiti Renewal Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haiti Renewal Alliance 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: $76,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.haitirenew.org
What is the mission statement of Haiti Renewal Alliance?
The Haiti Renewal Alliance's mission is centered around fostering the integration of the diaspora in global development initiatives. Specifically, their focus is on promoting sustainable business development and encouraging investment in the Caribbean, with a particular emphasis on Haiti. To accomplish this, they have developed a framework for coordinating the diaspora's response to humanitarian assistance and are working on accelerating partnerships in this area.
Official website here: www.haitirenew.org
Who is the CEO of Haiti Renewal Alliance?
Firmin Backer is the President/Chairman of Haiti Renewal Alliance.
Official website here: www.haitirenew.org
What is the revenue of Haiti Renewal Alliance?
Haiti Renewal Alliance's revenue in 2022 was $835,684.
Official website here: www.haitirenew.org
Who are the executives of Haiti Renewal Alliance and what are their salaries?
The average compensation at Haiti Renewal Alliance during 2022 was $76,500. There is 1 employee at Haiti Renewal Alliance.
There is 1 key member and their salary:
- Compensation: $76,500
- Related: $0
- Other: $0
Official website here: www.haitirenew.org
Where can I find the form 990 for Haiti Renewal Alliance?
Haiti Renewal Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.haitirenew.org
Learn more at the official website: www.haitirenew.org
Mission Statement of Haiti Renewal Alliance
Haiti Renewal Alliance, a nonprofit organization, is dedicated to fostering the integration of the diaspora in global development. Their primary focus is on promoting sustainable business development and investments, with a particular emphasis on the Caribbean, especially Haiti. The mission of Haiti Renewal Alliance is to facilitate partnerships between the diaspora and local communities, aiming to drive economic growth and development in the region. They have developed a framework for coordinating diaspora responses to humanitarian assistance, and they are currently working on closing the Diaspora Partnership Accelerator, which is expected to further strengthen these collaborations.
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Impact
October, 2024
Haiti Renewal Alliance plays a crucial role in integrating the Haitian diaspora into global development efforts, significantly impacting sustainable business practices and investment in Haiti and the broader Caribbean region. By developing a framework for diaspora coordination, the organization enhances the ability of Haitian expatriates to contribute effectively to humanitarian assistance initiatives.
Through initiatives like the closing of the Diaspora Partnership Accelerator, Haiti Renewal Alliance promotes robust collaboration among various stakeholders, creating pathways for investment that drive economic growth. Their focus on sustainable business development not only strengthens local economies but also fosters resilience in communities affected by challenges. The organization's efforts help bridge the gap between the diaspora and local needs, facilitating the flow of resources, knowledge, and entrepreneurial spirit back to Haiti. This integration ultimately empowers individuals and communities, supporting a more sustainable and prosperous future for the region.
This information is meant to be a general summary of Haiti Renewal Alliance. 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: $835,684
Assets and Liabilities:
- Total Assets: $3,173
- Total Liabilities: $0
- Net Assets: $3,173
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Organization Details
Founding Year
2010
Phone
(703) 786-9772Principal Officer
Firmin Backer
Main Address
7200 Wisconsin Ave Suite 500, Bethesda, MD, 20814
Website
www.haitirenew.orgNTEE Category
Code: P30 - Human services
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