Overview
What is Woonasquatucket Valley Community Build Inc?
Woonasquatucket Valley Community Build Inc, operating under the name The Steel Yard, is a thriving nonprofit organization situated in Providence, Rhode Island. Known for its 3.8-acre campus in the city's industrial valley, The Steel Yard serves as a cultural asset, championing innovative approaches to urban revitalization, arts promotion, workforce development, and community growth. As a community-based industrial arts center, it manufactures custom and functional public art, offers a craft school and shared studios, and serves as a unique outdoor event venue. The Steel Yard provides excellent educational and professional programs in the industrial arts, ensuring that everyone has access to necessary knowledge, skills, and equipment. Its shared workspaces are equipped with tools for various crafts like welding, blacksmithing, jewelry, ceramics, and foundry arts. The open spaces are transformed into a neighborhood gathering place, hosting community events and cultural programming. By offering workspace, tools, training, and education, The Steel Yard fosters creative and economic opportunities for professional artists, makers, and the community, while strengthening ties to a local craftsmanship tradition. With a workforce of 23 dedicated individuals, The Steel Yard plays a vital role in promoting the industrial arts and community growth in Providence.
Official website here: www.thesteelyard.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Woonasquatucket Valley Community Build Inc has attained a solid Three-Star rating, reflecting its strong accountability and finance practices. The rating is based entirely on a comprehensive evaluation of its financial oversight and governance. The organization scores particularly well in areas such as having an entirely independent board and a robust audit and oversight committee, indicating a commitment to transparency and responsible management.
However, there are some limitations noted in the data. The organization lacks certain policies, such as a conflict of interest policy and a whistleblower policy, which may affect overall governance effectiveness. Despite this, the nonprofit maintains a healthy financial standing, with a low liabilities-to-assets ratio and a significant portion of its expenses directed toward programs, which is a positive indicator of its operational focus.
Overall, Woonasquatucket Valley Community Build Inc demonstrates solid financial health and governance practices, although it could enhance its policies to further strengthen its accountability framework. This combination of strengths and areas for improvement should be considered by potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Woonasquatucket Valley Community Build Inc?
92% of 51 reviewers on Facebook recommend Woonasquatucket Valley Community Build Inc. Here is a summary of their reviews:
Participants are enthusiastic about the hands-on workshops offered, particularly noting their enjoyment of the welding workshop. Many express excitement for upcoming classes, indicating a strong sense of community and engagement with the organization. The positive experiences shared reflect a commitment to providing enriching learning opportunities.
Overall, it appears that this nonprofit successfully creates an inviting environment for learning and creativity, as evidenced by participants eagerly looking forward to future events such as blacksmithing workshops. The positive sentiments demonstrate that attendees feel valued and are eager to continue their involvement.
This AI summary has been generated from reviews found on Facebook.
Is Woonasquatucket Valley Community Build Inc legitimate?
Woonasquatucket Valley Community Build Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woonasquatucket Valley Community Build 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: $100,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $517,473
For more financial information, click here
Official website here: www.thesteelyard.org
What is the mission statement of Woonasquatucket Valley Community Build Inc?
Woonasquatucket Valley Community Build Inc's mission, as an organization, is to serve as a platform for professional artists, makers, and the community to practice and learn industrial arts. They foster creative and economic opportunities by providing workspace, tools, training, and education, while establishing lasting links to a local tradition of craftsmanship. The Steel Yard, their historic campus, is a community-based industrial arts center, a manufacturer of custom and functional public art, a craft school and shared studio, and a unique outdoor venue. The organization is committed to providing excellent educational and professional programs in the industrial arts, aiming to make the necessary knowledge, skills, and equipment accessible to everyone, contributing to community improvement.
Official website here: www.thesteelyard.org
Who is the CEO of Woonasquatucket Valley Community Build Inc?
Howie Sneider is the Chair of Woonasquatucket Valley Community Build Inc.
Official website here: www.thesteelyard.org
What is the revenue of Woonasquatucket Valley Community Build Inc?
Woonasquatucket Valley Community Build Inc's revenue in 2022 was $1,383,766.
Official website here: www.thesteelyard.org
Who are the executives of Woonasquatucket Valley Community Build Inc and what are their salaries?
The average compensation at Woonasquatucket Valley Community Build Inc during 2022 was $26,863. There are 23 employees and 75 volunteers at Woonasquatucket Valley Community Build Inc.
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Official website here: www.thesteelyard.org
Where can I find the form 990 for Woonasquatucket Valley Community Build Inc?
Woonasquatucket Valley Community Build Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thesteelyard.org
Learn more at the official website: www.thesteelyard.org
Mission Statement of Woonasquatucket Valley Community Build Inc
Woonasquatucket Valley Community Build Inc, through its award-winning facility known as The Steel Yard, serves as a platform for professional artists, makers, and the community to practice and learn industrial arts. The organization's mission is to foster creative and economic opportunities by providing workspace, tools, training, and education, thereby forging lasting links to a local tradition of craftsmanship.
The Steel Yard, situated on a 3.8-acre campus in Providence's Industrial Valley, functions as a community-based industrial arts center, a manufacturer of custom and functional public art, a craft school and shared studio, and a unique outdoor venue. This cultural asset acts as a sponsor and catalyst for innovative approaches to urban revitalization, arts promotion, workforce development, and community growth. The organization is committed to delivering excellent educational and professional programs in the industrial arts, ensuring that everyone has access to the necessary knowledge, skills, and equipment to improve their community.
Shared workspaces at The Steel Yard are equipped for various industrial arts, including welding, blacksmithing, jewelry, ceramics, and the foundry arts. Open spaces are utilized as a neighborhood gathering place, hosting community events and cultural programming. Woonasquatucket Valley Community Build Inc, through The Steel Yard, is dedicated to promoting and preserving the rich tradition of craftsmanship in the community, while simultaneously fostering economic growth and artistic development.
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Impact
October, 2024
Woonasquatucket Valley Community Build Inc significantly impacts the community by transforming a historic campus into a vibrant platform for artistic and industrial education. At the heart of its mission is the promotion of the industrial arts, providing access to workspaces, tools, and training for both professional artists and community members. This initiative fosters creative expression, economic opportunities, and a revival of local craftsmanship, bridging the gap between traditional skills and modern applications.
The organization cultivates a rich environment for learning and collaboration through shared studios equipped for various crafts, including welding, blacksmithing, ceramics, and jewelry making. By offering high-quality educational programs, it empowers individuals with the skills and knowledge necessary to enhance their communities.
Moreover, Woonasquatucket Valley Community Build serves as a catalyst for urban revitalization in Providence's industrial valley, hosting community events and cultural programming that strengthen community ties and promote collaboration among diverse groups. Its commitment to creativity and workforce development not only enriches the local arts scene but also contributes to broader economic growth and community improvement.
This information is meant to be a general summary of Woonasquatucket Valley Community Build 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.
- Investment Income: $13,386
- Program Service Revenue: $428,990
- Gross Receipts: $1,438,778
Assets and Liabilities:
- Total Assets: $4,523,665
- Total Liabilities: $782,790
- Net Assets: $3,740,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DESIGN & FABRICATION SERVICES
Revenue
$241,580
TUITIONS AND MATERIALS
Revenue
$185,440
MERCHANDISE
Revenue
$1,400
STUDIO USE AND RESIDENCY
Revenue
$570
Organization Details
Founding Year
2002
Phone
(401) 273-7101Principal Officer
Howie Sneider
Main Address
27 SIMS AVENUE, PROVIDENCE, RI, 02909
Website
www.thesteelyard.orgNTEE Category
Code: S20 - Community improvement
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