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Sustainable Resources Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411279468 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Sustainable Resources Center Inc?

The Sustainable Resources Center Inc, based in Minneapolis, Minnesota, is a nonprofit organization dedicated to promoting healthy and energy-efficient homes for low-income residents. For over four decades, they have specialized in weatherization, lead hazard detection and remediation, healthy homes training, and aging in place services. Their primary purpose is to retrofit homes, improving the indoor living environment, making them more affordable through energy efficiency programs, and removing health risks such as lead paint, radon, mold, etc. The organization also conducts repairs that allow seniors to live safely in their homes and provides community outreach, educational training, and tests children for lead poisoning. Sustainable Resources Center, Inc. is a 501(c)(3) nonprofit organization committed to creating healthy and energy-efficient home environments in partnership with families and communities. Their vision is that all families live in homes that are safe, energy-efficient, have clean indoor air, and are free of mold, toxins, pests, and excess moisture.


Official website here: www.src-mn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.

Sustainable Resources Center Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is derived predominantly from its impressive accountability metrics, which are vital indicators of its operational integrity and financial health.

Notable strengths include a fully independent board with a robust structure, demonstrating a commitment to transparency and governance. The organization also scores high in areas such as financial oversight, with no reported material diversion of assets, and maintains effective policies concerning conflict of interest and whistleblower protections. Additionally, a significant portion of its expenses is directed toward programs, showcasing an efficient use of resources.

However, while the organization appears to excel in financial practices and governance, specific details on its impact or program effectiveness are not highlighted in the available data. Prospective donors and stakeholders may seek further information regarding the outcomes of its initiatives to fully assess the charity's overall effectiveness in achieving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Sustainable Resources Center Inc legitimate?

Sustainable Resources Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sustainable Resources Center 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: $227,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,578,813

For more financial information, click here


Official website here: www.src-mn.org

What is the mission statement of Sustainable Resources Center Inc?

The Sustainable Resources Center Inc, a non-profit organization, is dedicated to promoting healthy and energy-efficient home environments. Their mission is to collaborate with families and communities to create homes that are safe, energy efficient, have clean indoor air, and are free from mold, toxins, pests, and excess moisture. By adopting a comprehensive healthy homes model of intervention, they aim to ensure that homes are healthy for their occupants, building on their past successes to increase the impact of their work. The Center specializes in weatherization, lead hazard detection and remediation, healthy homes training, and aging in place services, focusing on retrofitting homes to improve the indoor living environment. Their energy efficiency programs make homes more affordable by reducing the amount of energy required to heat and cool the structure, while their lead hazard control and healthy homes programs remove health risks such as lead paint, radon, mold, and more. The Center also conducts community outreach, provides educational training, and tests children for lead poisoning.


Official website here: www.src-mn.org

Who is the CEO of Sustainable Resources Center Inc?

Richard Kavaney is the Chairperson of Sustainable Resources Center Inc.


Official website here: www.src-mn.org

What is the revenue of Sustainable Resources Center Inc?

Sustainable Resources Center Inc's revenue in 2022 was $10,700,068.


Official website here: www.src-mn.org

Who are the executives of Sustainable Resources Center Inc and what are their salaries?

The average compensation at Sustainable Resources Center Inc during 2022 was $48,829. There are 37 employees and 6 volunteers at Sustainable Resources Center Inc.


Here are 7 key members and their salaries:


Richard Kavaney (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Yust (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Chen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gleason (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reilly Goodwin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Norgaarden (Executive Director)
  • Compensation: $195,740
  • Related: $0
  • Other: $32,131


Official website here: www.src-mn.org

Where can I find the form 990 for Sustainable Resources Center Inc?

Sustainable Resources Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.src-mn.org

Learn more at the official website: www.src-mn.org

Mission Statement of Sustainable Resources Center Inc

The Sustainable Resources Center Inc, a dedicated 501(c)(3) nonprofit organization, is committed to improving the health and energy efficiency of homes for low-income residents in Minnesota. For over four decades, this organization has specialized in weatherization, lead hazard detection and remediation, healthy homes training, and aging in place services.

The primary mission of the Sustainable Resources Center Inc is to create safe, energy-efficient, and healthy home environments in partnership with families and communities. By retrofitting homes, they aim to improve the indoor living environment and make them more affordable through energy efficiency programs that reduce the amount of energy required to heat and cool the structure.

The organization also focuses on lead hazard control and healthy homes programs, removing health risks such as lead paint, radon, mold, and other contaminants. Moreover, their aging in place programs conduct repairs that allow seniors to live more safely in their homes. The Sustainable Resources Center Inc also conducts community outreach, provides educational training, and tests children for lead poisoning.

Building on their record of success, the Sustainable Resources Center Inc has adopted a comprehensive healthy homes model of intervention to ensure homes are healthy for their occupants. Their vision is that all families live in homes that are safe, energy efficient, have clean indoor air, and are free of mold, toxins, pests, and excess moisture.

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Impact




June, 2024

Sustainable Resources Center Inc is dedicated to advancing the cause of healthy homes. Its impact is seen in the transformation of homes for low-income residents in Minnesota into healthy, safe, and energy-efficient spaces. Through weatherization, lead hazard detection and remediation, healthy homes training, and aging in place services, SRC improves the indoor living environment of these families, making their homes more affordable to maintain and reducing health risks such as lead paint, radon, and mold. By retrofitting homes and conducting repairs, SRC enables seniors to live more safely in their own homes and ensures that children are tested for lead poisoning. Overall, the organization's work contributes to creating homes that are free of toxins, pests, excess moisture, and promote clean indoor air, benefiting families and communities in Minnesota.




This information is meant to be a general summary of Sustainable Resources Center 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.

Revenue
$10,700,068 (2022)
Expenses
$10,260,890 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $6,180,258
  • Gross Receipts: $10,700,068

Assets and Liabilities:

  • Total Assets: $4,326,850
  • Total Liabilities: $1,923,118
  • Net Assets: $2,403,732

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHARGES FOR SERVICES

Revenue

$6,141,426

OTHER PROGRAM REVENUE

Revenue

$38,832

Organization Details

Founding Year

1976

Principal Officer

Richard Kavaney

Main Address

1081 10TH AVE SE, MINNEAPOLIS, MN, 55414

NTEE Category

Code: C350 - Environment

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