Overview
What is Venues Parks & Arts Foundation?
Venues Parks & Arts Foundation is a non-profit organization based in South Bend, Indiana, specifically located at 301 S St. Louis Boulevard. Its primary mission is to foster community development through people, parks, and programs. Established to support the South Bend Parks and Recreation Department, the Foundation aims to raise funds and plan initiatives, with a current focus on restoring the Studebaker Electric Fountain in Leeper Park. By doing so, the Foundation aims to increase awareness of the mission, value, and services provided by the Parks and Recreation Department, ultimately benefiting the citizens of South Bend.
Official website here: www.sbvpa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Venues Parks & Arts Foundation has achieved a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored 82% overall, with its score derived solely from its accountability and finance metrics. The foundation demonstrates robust financial practices, including a perfect score for its liabilities to assets ratio and an impressive program expense ratio of 99.96%.
Strengths of the organization include having a fully independent board consisting of 19 members, compliance with conflict of interest policies, and thorough documentation of board meeting minutes. Additionally, materials such as tax forms are well-handled, evidenced by their distribution to board members prior to filing. These indicators suggest a high level of transparency and governance.
While the overall rating is commendable, the charity’s reliance on a single beacon score indicates that its performance in other areas has not been assessed. This may limit the understanding of its overall impact and effectiveness beyond financial accountability. However, the existing metrics present a picture of a well-managed organization focused on responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Venues Parks & Arts Foundation legitimate?
Venues Parks & Arts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venues Parks & Arts 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:
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For more financial information, click here
Official website here: www.sbvpa.org
What is the mission statement of Venues Parks & Arts Foundation?
The Venues Parks & Arts Foundation's mission is to build and strengthen communities by providing resources for people, parks, and programs. Established as a not-for-profit organization, its primary goal is to cultivate increased awareness about the mission, value, and services provided by the parks and recreation department. This is done to ultimately benefit the citizens of the community, with a focus on enhancing the quality of life and fostering a sense of togetherness through various initiatives.
Official website here: www.sbvpa.org
Who is the CEO of Venues Parks & Arts Foundation?
Kevin Poe is the Director of Venues Parks & Arts Foundation.
Official website here: www.sbvpa.org
What is the revenue of Venues Parks & Arts Foundation?
Venues Parks & Arts Foundation's revenue in 2022 was $2,681,293.
Official website here: www.sbvpa.org
Who are the executives of Venues Parks & Arts Foundation and what are their salaries?
There 19 volunteers at Venues Parks & Arts Foundation.
Here are 19 key members and their salaries:
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Official website here: www.sbvpa.org
Where can I find the form 990 for Venues Parks & Arts Foundation?
Venues Parks & Arts Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sbvpa.org
Learn more at the official website: www.sbvpa.org
Mission Statement of Venues Parks & Arts Foundation
The Venues Parks & Arts Foundation, a not-for-profit organization, was established with a mission to foster community growth through people, parks, and programs. The organization's primary purpose is to provide discretionary funding, with the aim of raising awareness for the mission, value, and services offered by the South Bend Parks and Recreation Department. By doing so, the Foundation seeks to benefit the citizens of the community at large.
In essence, the Venues Parks & Arts Foundation serves as a catalyst, working to cultivate a deeper understanding and appreciation of the various initiatives undertaken by the South Bend Parks and Recreation Department. By achieving this, the Foundation strives to contribute positively to the overall well-being and quality of life for the citizens of the community.
In summary, the Venues Parks & Arts Foundation is dedicated to enhancing the community's connection with its local parks and recreation department, ultimately aiming to create a stronger, more cohesive, and vibrant community.
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Impact
June, 2024
Venues Parks & Arts Foundation's impact can be seen in the revitalization and enhancement of community spaces, particularly in the city of South Bend, Indiana. By providing fundraising and planning services for projects like the restoration of the Studebaker Electric Fountain in Leeper Park, the foundation is contributing to the beautification and preservation of public parks. Through its support, Venues Parks & Arts Foundation is helping to create gathering places that promote community engagement and well-being. This tangible impact is aligned with the organization's mission of building community through people, parks, and programs.
This information is meant to be a general summary of Venues Parks & Arts 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.
- Gross Receipts: $2,681,293
Assets and Liabilities:
- Total Assets: $3,490,406
- Total Liabilities: $0
- Net Assets: $3,490,406
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Organization Details
Founding Year
2010
Phone
(574) 299-4765Principal Officer
Kevin Poe
Main Address
301 S ST LOUIS BOULEVARD, SOUTH BEND, IN, 46617
Website
www.sbvpa.orgNTEE Category
Code: C34 - Environment
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