Overview
What is Waterloo Greenway Conservancy?
Waterloo Greenway Conservancy is a 501(C)(3) non-profit organization based in Austin, Texas, with a mission to create and maintain an exceptional urban park system along a revitalized Waller Creek, in partnership with the City of Austin. The organization, with 42 employees, has reopened Waterloo Park to the public and offers various community programs such as festivals, live music concerts, fitness classes, and art installations. The park features 1.5 miles of trails, 500 new trees, and 90,000 new plants, with plans for further expansion in Phase II, expected to begin construction in early 2023. Through their endeavors, Waterloo Greenway Conservancy aims to promote play, health and wellness, economic vitality, mobility, and community engagement.
Official website here: www.waterloogreenway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Waterloo Greenway Conservancy has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency in its operations. The organization has excelled in its financial oversight, with no material diversions of assets reported and a program expense ratio of 92.70%, suggesting that a significant portion of its expenses directly supports its mission.
The organization boasts a fully independent board, with 100% of its members meeting independence criteria, which enhances its governance and decision-making processes. Additionally, the Conservancy has implemented strong policies related to conflict of interest and whistleblower protections, further demonstrating its commitment to ethical standards.
While the financial metrics are notably strong, the working capital ratio of 0.55 years suggests that the organization may have limited short-term financial flexibility. Overall, Waterloo Greenway Conservancy is well-regarded for its fiscal responsibility, effective governance, and dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Waterloo Greenway Conservancy legitimate?
Waterloo Greenway Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterloo Greenway Conservancy 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: $914,954
Professional Fundraising Fees: $2,703
Other Salaries and Wages: $1,860,606
For more financial information, click here
Official website here: www.waterloogreenway.org
What is the mission statement of Waterloo Greenway Conservancy?
The Waterloo Greenway Conservancy is a non-profit organization dedicated to creating and maintaining a series of urban parks surrounding a revitalized Waller Creek, in collaboration with the City of Austin. Their mission is to enhance the natural environment, encourage play, health, and wellness, foster economic vitality and mobility, and engage the community through outreach, education, cultural events, and the arts. Waterloo Greenway reopened the community park in 2021, offering various programs such as festivals, concerts, fitness classes, and art installations. The park consists of 1.5 miles of trails, 500 new trees, and 90,000 new plants. In 2022, the organization completed the design phase of a second project expansion, with construction set to begin in early 2023.
Official website here: www.waterloogreenway.org
Who is the CEO of Waterloo Greenway Conservancy?
Jesus Aguirre is the Chief Executive Officer of Waterloo Greenway Conservancy. The CEO's salary of Waterloo Greenway Conservancy is $311,016 and their total compensation is $320,454.
Official website here: www.waterloogreenway.org
What is the revenue of Waterloo Greenway Conservancy?
Waterloo Greenway Conservancy's revenue in 2022 was $13,457,471.
Official website here: www.waterloogreenway.org
Who are the executives of Waterloo Greenway Conservancy and what are their salaries?
The average compensation at Waterloo Greenway Conservancy during 2022 was $66,085. There are 42 employees and 60 volunteers at Waterloo Greenway Conservancy.
Here are 37 key members and their salaries (Waterloo Greenway Conservancy's CEO's salary is $311,016 and their total compensation is $320,454):
- Compensation: $311,016
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- Other: $9,438
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- Compensation: $91,539
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- Other: $5,085
- Compensation: $108,859
- Related: $0
- Other: $9,069
- Compensation: $161,657
- Related: $0
- Other: $14,933
- Compensation: $187,945
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- Other: $15,413
- Compensation: $155,705
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- Other: $13,806
- Compensation: $144,142
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- Other: $13,779
- Compensation: $139,322
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- Other: $11,101
- Compensation: $106,961
- Related: $0
- Other: $7,578
Official website here: www.waterloogreenway.org
Where can I find the form 990 for Waterloo Greenway Conservancy?
Waterloo Greenway Conservancy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waterloogreenway.org
Learn more at the official website: www.waterloogreenway.org
Mission Statement of Waterloo Greenway Conservancy
Waterloo Greenway Conservancy, a 501(c)(3) non-profit organization, is dedicated to creating and maintaining an extraordinary chain of urban parks around a restored Waller Creek, in collaboration with the City of Austin, for the benefit of all. The Conservancy's mission is to renew the natural environment, promote play, health and wellness, economic vitality and mobility, and engage the community through outreach, education, cultural events, and the arts.
In 2021, Waterloo Greenway Conservancy reopened Waterloo Park to the public, revitalizing the space with a variety of new programs. Community festivals, live music concerts in the amphitheater, weekly workout and fitness classes, and art in the park are just some of the offerings that bring people together and encourage enjoyment of the restored park. The park itself boasts 1.5 miles of trails, 500 new trees, and 90,000 new plants, creating a vibrant and thriving urban oasis.
Looking ahead, Waterloo Greenway Conservancy is partnering with the City of Austin to finalize the design of Phase II of the project, which is set to begin construction in early 2023. The continued growth and development of this urban park system not only enhances the natural environment but also provides opportunities for community engagement, promoting a healthier and more vibrant city.
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Impact
October, 2024
Waterloo Greenway Conservancy significantly impacts Austin by creating and maintaining a vibrant urban park system and revitalizing Waller Creek. The organization enhances the natural environment while promoting health, wellness, and economic vitality through its various initiatives.
Since reopening Waterloo Park in 2021, the Conservancy has provided numerous programs that foster community engagement, including festivals, live music concerts, fitness classes, and art displays. These activities not only enrich the local culture but also encourage physical activity and social interaction among residents.
The park features 1.5 miles of trails, 500 new trees, and 90,000 new plants, contributing to the city's green space and ecological health. With a commitment to ongoing development, the Conservancy has finalized the design for Phase II of the project, demonstrating a proactive approach to improving the area for future generations. Overall, the efforts of Waterloo Greenway Conservancy are vital in enhancing community well-being and fostering a deeper connection between residents and their environment.
This information is meant to be a general summary of Waterloo Greenway Conservancy. 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: $31,699
- Program Service Revenue: $3,757,402
- Gross Receipts: $14,169,738
Assets and Liabilities:
- Total Assets: $16,478,323
- Total Liabilities: $3,060,535
- Net Assets: $13,417,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT & CONCERT REVENUE
Revenue
$3,757,402
Organization Details
Founding Year
2010
Phone
(512) 541-3520Principal Officer
Jesus Aguirre
Main Address
PO BOX 12363, AUSTIN, TX, 78711
Website
www.waterloogreenway.orgNTEE Category
Code: S20 - Community improvement
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