Overview
What is Riverside Plaza Tenants Association?
Riverside Plaza Tenants Association is a nonprofit organization situated in Minneapolis, Minnesota. The primary focus of this association is to enhance the lives of its tenants with a non-English speaking background. They accomplish this by operating an English as a Second Language (ESL) learning program, utilizing teachers from the Minneapolis School District. This initiative aims to equip tenants with the necessary language skills to interact and communicate effectively with their broader community. With a team of 22 employees, the Riverside Plaza Tenants Association works tirelessly to foster a sense of belonging and integration within their community.
Official website here: www.riversideplazata.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Riverside Plaza Tenants Association has received a low rating due to significant weaknesses in its accountability and financial practices. While the organization boasts a fully independent board, scoring well in that area, it has serious deficiencies in transparency. Notably, the absence of financial statements and missing policies on conflict of interest, whistleblowing, and document retention have contributed to its low score.
On a positive note, the organization has demonstrated a strong commitment to program expenses, with an impressive ratio of 96.40%, indicating that a large majority of its resources are directed toward its mission. However, the overall financial health is concerning, as reflected by a liabilities to assets ratio of 115.43%, suggesting that the organization may face financial instability.
The lack of basic governance documents and policies raises questions about the organization's operational integrity and accountability. Improvement in these areas would be essential for fostering trust and ensuring long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Riverside Plaza Tenants Association legitimate?
Riverside Plaza Tenants Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Plaza Tenants Association 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: $70,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $404,856
For more financial information, click here
Official website here: www.riversideplazata.net
What is the mission statement of Riverside Plaza Tenants Association?
The Riverside Plaza Tenants Association's mission is centered around serving its tenant community. Their primary objective is to facilitate better interactions and communications between the tenants and the broader community. To achieve this, they operate an English as a Second Language learning program, utilizing teachers from the Minneapolis School District. This program aims to provide English language training to tenants who have a non-English speaking background.
Official website here: www.riversideplazata.net
Who is the CEO of Riverside Plaza Tenants Association?
Unavailable
Official website here: www.riversideplazata.net
What is the revenue of Riverside Plaza Tenants Association?
Riverside Plaza Tenants Association's revenue in 2022 was $623,574.
Official website here: www.riversideplazata.net
Who are the executives of Riverside Plaza Tenants Association and what are their salaries?
The average compensation at Riverside Plaza Tenants Association during 2022 was $21,616. There are 22 employees and 100 volunteers at Riverside Plaza Tenants Association.
Here are 5 key members and their salaries:
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Official website here: www.riversideplazata.net
Where can I find the form 990 for Riverside Plaza Tenants Association?
Riverside Plaza Tenants Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riversideplazata.net
Learn more at the official website: www.riversideplazata.net
Mission Statement of Riverside Plaza Tenants Association
Riverside Plaza Tenants Association, a nonprofit organization, is committed to serving the tenants of Riverside Plaza by facilitating their interactions and communications with the wider community. In line with this mission, the association provides an English as a Second Language (ESL) learning program for tenants with a non-English speaking background. This program leverages teachers from the Minneapolis School District to deliver English language training to these tenants, thereby enabling them to engage more effectively with their community. By offering this valuable service, the Riverside Plaza Tenants Association empowers its members to navigate their surroundings more confidently and build stronger connections within their community.
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Impact
July, 2024
Riverside Plaza Tenants Association's impact lies in providing essential community services to tenants of Riverside Plaza, facilitating their interactions and communications with the larger community. Their operation of an English as a Second Language learning program, facilitated by Minneapolis School District teachers, helps tenants with non-English speaking backgrounds improve their language skills. By offering this program, the association plays a crucial role in empowering tenants to better communicate and integrate into the community.
This information is meant to be a general summary of Riverside Plaza Tenants Association. 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: $623,574
Assets and Liabilities:
- Total Assets: $39,847
- Total Liabilities: $45,999
- Net Assets: -$6,152
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Organization Details
Founding Year
2004
Phone
(612) 338-4192Main Address
1615 SOUTH 4TH STREET BOX 3905, Minneapolis, MN, 55454
Website
www.riversideplazata.netNTEE Category
Code: B60 - Education
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