Overview
What is Riverview Technology Corporation?
Riverview Technology Corporation is a non-profit organization located in Grand Junction, Colorado. The organization operates by providing rental space for government entities and businesses engaged in economic development. This space is housed within incubator facilities, which were graciously donated by the United States government. By offering this service, Riverview Technology Corporation aims to stimulate new business development in western Colorado.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% - Three-Star out of Four Star rating.
Riverview Technology Corporation has achieved a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored particularly well in areas such as having a fully independent board and maintaining transparency with documented board meeting minutes. The financial health of the organization is also impressive, with a low liabilities-to-assets ratio and a high percentage of program expenses, which suggests that a significant portion of its budget goes directly to fulfilling its mission.
The accountability and finance score of 86 reflects Riverview's commitment to responsible financial practices and governance. The organization has established robust policies, including a conflict of interest policy and an active audit and oversight committee, which further enhances its credibility. The majority of independent board members also indicates a dedication to unbiased decision-making and oversight.
While the overall score is strong, it is worth noting that the rating is derived solely from accountability and financial metrics, with no additional beacons considered. This means that while Riverview Technology Corporation excels in financial responsibility, potential funders may want to look for more comprehensive evaluations that address program effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Riverview Technology Corporation legitimate?
Riverview Technology Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverview Technology Corporation 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.
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What is the mission statement of Riverview Technology Corporation?
Riverview Technology Corporation is dedicated to offering rental space for government entities and businesses focused on economic development. Based on the information provided, the organization's primary mission is to facilitate new business development and accommodate the Department of Energy, operating out of incubator facilities. This corporation, which received a complex from the United States government as a donation, aims to provide a conducive environment for these entities to thrive and contribute to economic growth.
Who is the CEO of Riverview Technology Corporation?
Craig Little is the President of Riverview Technology Corporation.
What is the revenue of Riverview Technology Corporation?
Riverview Technology Corporation's revenue in 2022 was $1,041,251.
Who are the executives of Riverview Technology Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Riverview Technology Corporation?
Riverview Technology Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Riverview Technology Corporation
Riverview Technology Corporation, a nonprofit organization, is committed to offering rental space for government entities and businesses focused on economic development. This mission is carried out at incubator facilities, which provide a conducive environment for the growth and development of new businesses. The organization has been entrusted with a complex donated by the United States Government, where it offers commercial rental space to aid in the advancement of business endeavors in Western Colorado. By providing such spaces, Riverview Technology Corporation plays a crucial role in fostering the growth and development of these entities, ultimately contributing to the broader economic landscape.
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Impact
June, 2024
Riverview Technology Corporation provides crucial rental space for government entities and economic development businesses at its incubator facilities in Grand Junction, Colorado. By offering commercial rental space for new business development in Western Colorado and supporting the Department of Energy, Riverview Technology Corporation plays a vital role in fostering economic growth and innovation in the region. Additionally, the organization's utilization of a complex donated by the United States Government showcases effective collaboration and resource optimization. Through its mission of providing rental space for government entities and economic development businesses, Riverview Technology Corporation positively impacts the local economy and supports advancements in various sectors.
This information is meant to be a general summary of Riverview Technology Corporation. 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: $131
- Program Service Revenue: $1,041,120
- Gross Receipts: $1,041,251
Assets and Liabilities:
- Total Assets: $6,578,220
- Total Liabilities: $97,836
- Net Assets: $6,480,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT REVENUE
Revenue
$880,372
TENANT EXPENSE REIMBURSEMENT
Revenue
$128,127
TENANT IMPROVEMENT WORK ORDER
Revenue
$32,621
Organization Details
Founding Year
1999
Phone
(970) 243-5242Principal Officer
Craig Little
Main Address
2591 LEGACY WAY, GRAND JUNCTION, CO, 81503
NTEE Category
Code: C35 - Environment
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