Overview
What is The Neighborhood Recycling Corporation?
The Neighborhood Recycling Corporation, also known as Eureka Recycling, is a Minneapolis-based nonprofit organization committed to waste prevention and education. With a mission to demonstrate that waste is not inevitable, Eureka Recycling offers curbside and multifamily recycling collection, residential and commercial recycling sorting, and hosts zero waste events. Their primary goal is to bridge the gap between the vision of a zero waste future and the current reality by implementing practical, real-world solutions. Through advocacy and education, they aim to reduce waste by promoting reuse, recycling, composting, waste reduction, and proper responsibility. Eureka Recycling operates a material recovery facility and shares best practices in sorting recyclables to maximize their environmental value. Additionally, they provide tours and educational events for schools and community organizations and collaborate with individuals and organizations to promote zero waste initiatives. Eureka Recycling's initiatives employ over 180 individuals and generate jobs for those who demonstrate the organization's mission in their daily work. They also offer consulting services to community events and manage waste disposal for several Twin Cities events. Eureka Recycling is a pioneer in the movement towards zero waste, advocating for accountability from packaging and product producers and examining ways to prevent waste before turning to recycling and composting.
Official website here: www.eurekarecycling.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
The Neighborhood Recycling Corporation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 81% overall, which reflects strong practices in governance, with 75% of its board members being independent and a comprehensive audit and oversight committee in place. These factors contribute to a robust framework that supports transparency and responsible management.
The nonprofit excels in its program expense ratio, with 93.65% of its expenses directed towards programs, demonstrating a commitment to its mission. Additionally, it has established effective policies related to conflict of interest and whistleblowing, further enhancing its accountability. The presence of well-documented board meeting minutes indicates a level of diligence in maintaining organizational records.
However, while the charity shows significant strengths in its financial practices, the overall score is solely based on accountability and finance metrics. The lack of additional beacons, such as results or leadership, suggests that potential donors may want to consider further qualitative aspects of the organization’s impact before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is The Neighborhood Recycling Corporation legitimate?
The Neighborhood Recycling Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Neighborhood Recycling 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $274,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,909,079
For more financial information, click here
Official website here: www.eurekarecycling.org
What is the mission statement of The Neighborhood Recycling Corporation?
The Neighborhood Recycling Corporation is committed to demonstrating that waste is preventable instead of inevitable. Their mission encompasses helping individuals, organizations, and communities understand the importance of zero waste, setting their own zero waste goals, and advocating for systemic changes towards a zero waste future. Through educational programs, residential and commercial recycling collection, sorting, and zero waste events, the organization provides real-world solutions for pressing issues, including climate change and building stronger, equitable communities. The corporation's initiatives focus on reuse, recycling, composting, and waste reduction, creating over 120 jobs. They collaborate with individuals and organizations, manage waste for community events, and advocate for accountability from packaging and product producers.
Official website here: www.eurekarecycling.org
Who is the CEO of The Neighborhood Recycling Corporation?
Kate Davenport is the Co-President/Secretary of The Neighborhood Recycling Corporation.
Official website here: www.eurekarecycling.org
What is the revenue of The Neighborhood Recycling Corporation?
The Neighborhood Recycling Corporation's revenue in 2022 was $20,241,287.
Official website here: www.eurekarecycling.org
Who are the executives of The Neighborhood Recycling Corporation and what are their salaries?
The average compensation at The Neighborhood Recycling Corporation during 2022 was $45,462. There are 180 employees and 7 volunteers at The Neighborhood Recycling Corporation.
Here are 12 key members and their salaries:
- Compensation: $113,856
- Related: $0
- Other: $23,161
- Compensation: $114,486
- Related: $0
- Other: $22,630
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $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: $100,765
- Related: $0
- Other: $0
- Compensation: $108,837
- Related: $0
- Other: $16,709
- Compensation: $104,215
- Related: $0
- Other: $14,186
Official website here: www.eurekarecycling.org
Where can I find the form 990 for The Neighborhood Recycling Corporation?
The Neighborhood Recycling Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eurekarecycling.org
Learn more at the official website: www.eurekarecycling.org
Mission Statement of The Neighborhood Recycling Corporation
The Neighborhood Recycling Corporation, a 501(c)(3) nonprofit organization, is dedicated to demonstrating that waste is preventable, not inevitable. This mission drives all of its efforts, which aim to help individuals, organizations, and communities understand the significance of zero waste and achieve their own zero waste goals. By addressing the way resources are managed, The Neighborhood Recycling Corporation creates solutions to pressing issues, such as climate change, building strong local economies, and supporting healthy, equitable communities.
The organization is best known for its recycling operations, providing curbside and multifamily recycling services, education, and advocacy since 2001. It operates a material recovery facility where recycling is sorted, tests and develops best practices around sorting, and shares these practices to achieve the highest environmental use. The Neighborhood Recycling Corporation also provides tours of its facility to educate the community on recycling and conducts educational events for schools and community organizations.
The organization's initiatives go beyond recycling, focusing on prevention through reuse, composting, waste reduction, proper responsibility, and more. These initiatives provide over 120 jobs for individuals who demonstrate their mission every day. The Neighborhood Recycling Corporation collaborates with individuals and organizations to move towards zero waste and examines how waste can be prevented before turning to recycling and composting. It calls for accountability from producers of packaging and products to better design their goods. Through its programs, services, and advocacy, The Neighborhood Recycling Corporation aspires to help individuals, organizations, and communities understand the significance of zero waste and to achieve their own zero-waste goals.
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Impact
October, 2024
The Neighborhood Recycling Corporation significantly influences environmental sustainability and community engagement by advocating for a zero waste policy. Their efforts are focused on educating the public that waste is preventable, not inevitable, fostering a culture of recycling and responsible resource management.
With services like curbside and multifamily recycling collection, as well as educational initiatives, they help residents and businesses understand and participate in waste reduction actively. Their material recovery facility sorts and processes recyclables while also developing and sharing best practices for effective recycling strategies.
The organization plays a crucial role in organizing zero waste events and providing consulting services that guide communities toward achieving their sustainability goals. By collaborating with various stakeholders, including schools and local organizations, they work to instill a sense of responsibility regarding waste management and promote practices that address the root causes of waste generation.
The impact of The Neighborhood Recycling Corporation extends beyond mere recycling; it includes job creation, with over 120 individuals employed in efforts that align with their mission. Their push for accountability from producers regarding packaging design further emphasizes their commitment to systemic changes that support a circular economy. Ultimately, their initiatives aim to bridge the gap between current waste management systems and a future where waste is minimized, contributing to stronger local economies and healthier communities.
This information is meant to be a general summary of The Neighborhood Recycling 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: -$5,646
- Program Service Revenue: $94,573
- Gross Receipts: $21,719,364
Assets and Liabilities:
- Total Assets: $18,936,575
- Total Liabilities: $12,856,612
- Net Assets: $6,079,963
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPOSTING AND OTHER PROGRAM INCO
Revenue
$55,178
COMMERCIAL REVENUE
Revenue
$39,395
Organization Details
Founding Year
2001
Phone
(651) 222-7678Principal Officer
Kate Davenport
Main Address
2828 KENNEDY ST NE, MINNEAPOLIS, MN, 55413
Website
www.eurekarecycling.orgNTEE Category
Code: C27 - Environment
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