Overview
What is Arei Inc?
Arei Inc is a nonprofit organization based in Aspen, Colorado, with a postal address at PO BOX 7784. Their primary mission revolves around fostering dialogue, commitments, collaborations, and investments within various sectors to accelerate climate change solutions at a speed and scale needed for a swift transition from fossil fuels to a clean energy economy. They have shown support for this mission by providing flow-through funding for educational and research projects, such as those undertaken by Guardians Now. The organization aims to bring together diverse groups to tackle the urgent challenge of climate change, working towards a sustainable future.
Official website here: www.areday.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56% (One-Star out of Four Stars)
Arei Inc has received a low rating of 56%, indicating significant concerns in its accountability and financial transparency. While the organization does have a fully independent board and a good score for asset management, it falters in areas crucial for governance, such as conflict of interest, whistleblower, and document retention policies. These deficiencies impact the overall trustworthiness of the organization.
The charity's strengths include a robust board structure and solid fiscal controls, reflected in positive scores for board independence and liabilities management. However, its low program expense ratio suggests that a minimal portion of its funds is directed towards its programs, raising questions about its effectiveness and impact in the community it serves.
Users and potential donors may want to consider these limitations when evaluating their support for Arei Inc. The lack of essential governance policies could lead to potential risks in management and overall operational integrity, warranting a cautious approach from stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Arei Inc legitimate?
Arei Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arei 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
Official website here: www.areday.net
What is the mission statement of Arei Inc?
Arei Inc is committed to fostering robust and impactful cross-sector dialogues, agreements, collaborations, and investments that accelerate climate change solutions at the required speed and scale. Their primary goal is to phase out fossil fuels and initiate a rapid transition to a clean, renewable energy economy. Through their efforts, they aim to create a vibrant and powerful network that drives climate change solutions and ushers in a new era of sustainable development. As part of their work, they have supported organizations like Guardians Now with funding for their educational and research projects.
Official website here: www.areday.net
Who is the CEO of Arei Inc?
Walter Comins is the Director of Arei Inc. The CEO's salary of Arei Inc is $0 and their total compensation is $0.
Official website here: www.areday.net
What is the revenue of Arei Inc?
Arei Inc's revenue in 2022 was $48,100.
Official website here: www.areday.net
Who are the executives of Arei Inc and what are their salaries?
Here are 9 key members and their salaries (Arei Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.areday.net
Where can I find the form 990 for Arei Inc?
Arei Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.areday.net
Learn more at the official website: www.areday.net
Mission Statement of Arei Inc
Areday Inc, a non-profit organization, is dedicated to fostering vibrant and impactful cross-sector dialogues, commitments, collaborations, and investments that accelerate climate change solutions at the pace and scale required to phase out fossil fuels and usher in a swift transition to a clean energy economy. By supporting initiatives such as education and research projects for organizations like Guardians Now, Areday Inc plays a crucial role in driving the necessary changes to combat climate change and pave the way for a sustainable future.
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Impact
June, 2024
Arei Inc is dedicated to creating vibrant and powerful cross-sector dialogue, commitments, collaborations, and investments that foster climate change solutions at the necessary speed and scale to phase out fossil fuels and usher in a rapid transition to a new, clean energy economy. Through their activities in supporting projects like Guardians Now with flow-through funding for education and research, Arei Inc is actively working towards its mission in Aspen, CO. Their impact lies in driving collective action and spurring innovative solutions to address environmental challenges, particularly in combating climate change.
This information is meant to be a general summary of Arei 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: $25,550
- Gross Receipts: $48,100
Assets and Liabilities:
- Total Assets: $6,797
- Total Liabilities: $0
- Net Assets: $6,797
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE REVENUE
Revenue
$2,950
GUARDIANS NOW
Revenue
$22,600
Organization Details
Founding Year
2011
Principal Officer
Walter Comins
Main Address
PO BOX 7784, Aspen, CO, 81612
Website
www.areday.netNTEE Category
Code: C20 - Environment
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