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Regional Transit Authority Art

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

EIN: 421133312 ✦ Spencer, IA ✦ Designated as a 501(c)(3)

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Overview

What is Regional Transit Authority Art?

Regional Transit Authority Art is a nonprofit organization that serves the public transportation needs in nine Iowa counties. They achieve this by leveraging financial support from federal, state, and local resources. Their primary mission is to provide reliable and accessible transportation services, ensuring the mobility of the community they serve.


Official website here: www.nwiarides.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95%

Regional Transit Authority Art has achieved a high rating of 95%, earning a prestigious Four-Star out of Four Stars designation from Charity Navigator. This score reflects the organization's strong commitment to accountability and finance, indicating effective governance and responsible management of resources.

The nonprofit boasts a fully independent board, with 100% of its members being independent, contributing to transparent decision-making processes. Additionally, the organization has a solid financial structure, with a high program expense ratio of 85.13%, ensuring that a significant majority of funds are directed toward its mission. The absence of any material diversion of assets and a favorable liabilities to assets ratio further reinforce its financial integrity.

However, a notable limitation is the absence of a whistleblower policy, which could enhance accountability and protect individuals reporting unethical behavior. Despite this, the overall financial health and governance practices of Regional Transit Authority Art position it as a trustworthy organization dedicated to its objectives.


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

Is Regional Transit Authority Art legitimate?

Regional Transit Authority Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Transit Authority Art 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: $120,831
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,517,271

For more financial information, click here


Official website here: www.nwiarides.org

What is the mission statement of Regional Transit Authority Art?

The Regional Transit Authority Art, in its mission, focuses on providing transportation services to the public in nine Iowa counties. This is achieved through the support of federal, state, and local funds. The organization's primary goal is to ensure that reliable and accessible transportation is available to all, thereby enhancing mobility for the community. By leveraging various funding sources, the authority is able to maintain and expand its services, thereby making travel more convenient for residents in these nine counties.


Official website here: www.nwiarides.org

Who is the CEO of Regional Transit Authority Art?

Hugh Lively is the Executive Di of Regional Transit Authority Art.


Official website here: www.nwiarides.org

What is the revenue of Regional Transit Authority Art?

Regional Transit Authority Art's revenue in 2022 was $4,155,942.


Official website here: www.nwiarides.org

Who are the executives of Regional Transit Authority Art and what are their salaries?

The average compensation at Regional Transit Authority Art during 2022 was $23,072. There are 71 employees at Regional Transit Authority Art.


Here are 10 key members and their salaries:


Hugh Lively (Executive Di)
  • Compensation: $120,831
  • Related: $0
  • Other: $0
Al Bloemendaal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Vanden Bosch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Faulstick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Friedrichsen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Leupold (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burlin Matthews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schulte (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Schumacher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Snyder (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nwiarides.org

Where can I find the form 990 for Regional Transit Authority Art?

Regional Transit Authority Art's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nwiarides.org

Learn more at the official website: www.nwiarides.org

Mission Statement of Regional Transit Authority Art

The Regional Transit Authority Art, a notable entity, is committed to providing transportation services to the public in nine Iowa counties. This mission is accomplished through the leverage of financial assistance from federal, state, and local resources. By offering this essential service, the Regional Transit Authority Art plays a significant role in facilitating the movement of individuals within its designated region, thereby enhancing their daily lives and connecting communities.

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Impact




July, 2024

Regional Transit Authority Art has a significant impact on the community by providing essential transportation services to the public in nine Iowa counties. Through the assistance of federal, state, and local funds, this organization ensures that residents have access to transportation options that they may not have otherwise. By enabling individuals to travel to work, medical appointments, shopping centers, and other necessary destinations, Regional Transit Authority Art plays a crucial role in supporting the economic and social well-being of the community. Additionally, by offering this public benefit, the organization helps to reduce isolation, improve accessibility, and promote overall community connectivity.




This information is meant to be a general summary of Regional Transit Authority Art. 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
$4,155,942 (2022)
Expenses
$3,803,455 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,694
  • Program Service Revenue: $1,063,810
  • Gross Receipts: $4,155,942

Assets and Liabilities:

  • Total Assets: $7,517,600
  • Total Liabilities: $226,589
  • Net Assets: $7,291,011

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Programs

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

CONTRACT SERVICES

Revenue

$913,489

NON-CONTRACT SPECIAL SERVICES

Revenue

$85,394

FARES

Revenue

$64,927

Organization Details

Founding Year

1979

Principal Officer

Hugh Lively

Main Address

PO BOX 1240, SPENCER, IA, 51301

NTEE Category

Code: W400 - Public benefit

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