Overview
What is Evansville Urban Enterprise Association Inc?
Evansville Urban Enterprise Association Inc, based in Evansville, Indiana at 135 S Garvin St, is a nonprofit organization with a mission to drive community enhancement, youth education, and business development. Through its programs, the organization leverages the benefits of Enterprise Zone Designations to achieve its objectives. With a team of three dedicated individuals, Evansville Urban Enterprise Association Inc has made notable achievements in these areas, contributing positively to its local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
The Evansville Urban Enterprise Association Inc has earned an impressive 92% rating from Charity Navigator, reflecting excellent accountability and financial management. This nonprofit organization demonstrates a strong commitment to governance, with 100% of its board members being independent, ensuring unbiased oversight. The fiscal year's financial practices are robust, as evidenced by the lack of material asset diversion and a solid conflict of interest policy.
Strengths of the organization include a high program expense ratio of 68.31%, indicating that a significant portion of its resources is directed toward its mission-related activities. The organization also adheres to rigorous standards for transparency, with policies for whistleblower protection, document retention, and regular board meeting documentation in place. These factors contribute to its favorable financial health, as shown by a low liabilities to assets ratio of 0.16%.
While the organization has demonstrated exceptional fiscal responsibility and governance practices, the rating is based solely on financial metrics, without assessment of programmatic impact or effectiveness. This focus on accountability primarily highlights the organization's operational soundness rather than its overall effectiveness in achieving its mission, which could be an area for future review.
This AI summary has been generated from information found on Charity Navigator.
Is Evansville Urban Enterprise Association Inc legitimate?
Evansville Urban Enterprise Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evansville Urban Enterprise Association 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: $85,141
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,131
For more financial information, click here
What is the mission statement of Evansville Urban Enterprise Association Inc?
The Evansville Urban Enterprise Association Inc's mission is centered around leveraging the advantages and benefits of Enterprise Zone Designations. Their primary objective is to implement and utilize these designations for various programs. The organization's efforts have been commended in the domains of Community Enhancement, Youth Education, and Business Development. By implementing these programs, the association aims to contribute positively to its community.
What is the revenue of Evansville Urban Enterprise Association Inc?
Evansville Urban Enterprise Association Inc's revenue in 2024 was $534,047.
Who are the executives of Evansville Urban Enterprise Association Inc and what are their salaries?
The average compensation at Evansville Urban Enterprise Association Inc during 2024 was $74,757. There are 3 employees at Evansville Urban Enterprise Association Inc.
Here are 7 key members and their salaries:
- Compensation: $85,141
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Evansville Urban Enterprise Association Inc?
Evansville Urban Enterprise Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Evansville Urban Enterprise Association Inc
Evansville Urban Enterprise Association Inc's mission revolves around leveraging the advantages and benefits of Enterprise Zone Designations. This organization implements and utilizes these designations through various programs, aiming to make a positive impact in the community. Specifically, their efforts have been recognized in the areas of Community Enhancement, Youth Education, and Business Development. By implementing these programs, Evansville Urban Enterprise Association Inc strives to contribute to the betterment of its community, focusing on the development of its youth and businesses.
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Impact
July, 2024
Evansville Urban Enterprise Association Inc's impact in Evansville, IN, is significant in community improvement. Through their programs that take advantage of Enterprise Zone Designations, they have made strides in areas such as community enhancement, youth education, and business development. Their achievements have not gone unnoticed, as they have been recognized for their efforts in these areas. The organization plays a key role in enhancing the overall well-being and prosperity of the community through its targeted initiatives.
This information is meant to be a general summary of Evansville Urban Enterprise Association 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 2024.
- Investment Income: $85,837
- Gross Receipts: $534,047
Assets and Liabilities:
- Total Assets: $1,232,577
- Total Liabilities: $64
- Net Assets: $1,232,513
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Organization Details
Founding Year
1984
Principal Officer
Gene Smith
NTEE Category
Code: S310 - Community improvement
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