Overview
What is G-Redi Gretna Revilization Enhanced & Developed Inc?
G-Redi Gretna Revitalization Enhanced & Developed Inc is a nonprofit organization based in Gretna, Louisiana. Their primary mission is to revitalize and develop the downtown district of the city through economic development. They achieve this by raising funds, collecting membership dues, and assessments. As demonstrated in their recent activity, they provided financial support to the City of Gretna for enhancing land improvements, specifically a kiosk from Gretna City Hall to the River Levy on Huey P. Long Avenue. Their efforts aim to contribute positively to the city's growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
G-Redi Gretna Revitalization Enhanced & Developed Inc has received a low score of 50%, resulting in a One-Star rating. This rating reflects significant concerns regarding its accountability and financial practices, particularly highlighted by the absence of an independent board. The organization lacks essential governance policies, including a conflict of interest policy and a whistleblower policy, which are critical for maintaining transparency and integrity.
On a positive note, G-Redi has a strong program expense ratio of 92.66%, indicating that a large portion of its expenditures goes directly towards its mission-related programs. Additionally, the organization has no material diversion of assets, which suggests that it is managing its resources effectively in that regard. However, these strengths are overshadowed by the notable deficiencies in its governance practices.
The nonprofit's lack of a publicly accessible website and missing documents, such as tax forms and board meeting minutes, further complicates its accountability. Overall, while G-Redi demonstrates a commitment to program spending, its governance shortcomings raise concerns for potential donors and stakeholders about its overall effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is G-Redi Gretna Revilization Enhanced & Developed Inc legitimate?
G-Redi Gretna Revilization Enhanced & Developed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. G-Redi Gretna Revilization Enhanced & Developed 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of G-Redi Gretna Revilization Enhanced & Developed Inc?
G-Redi Gretna Revitalization Enhanced & Developed Inc's mission is centered around the revitalization and enhancement of a downtown district. They aim to achieve this through economic development, primarily through fundraising activities, membership dues, and assessments. The organization's primary objective is to improve the economic vitality of the district, contributing funds for land improvements, such as installing kiosks, in this specific context. Their operations are not limited to fundraising alone, but also involve various economic development initiatives to enhance the overall appeal and function of the district.
Who is the CEO of G-Redi Gretna Revilization Enhanced & Developed Inc?
Brian Heiden is the President of G-Redi Gretna Revilization Enhanced & Developed Inc.
What is the revenue of G-Redi Gretna Revilization Enhanced & Developed Inc?
G-Redi Gretna Revilization Enhanced & Developed Inc's revenue in 2022 was -$277,146.
Who are the executives of G-Redi Gretna Revilization Enhanced & Developed Inc and what are their salaries?
Here are 4 key members and their salaries:
- 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
Where can I find the form 990 for G-Redi Gretna Revilization Enhanced & Developed Inc?
G-Redi Gretna Revilization Enhanced & Developed Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of G-Redi Gretna Revilization Enhanced & Developed Inc
G-Redi Gretna Revitalization Enhanced & Developed Inc, in its mission, focuses on the revitalization and enhancement of the downtown district of a city. The organization achieves this goal through economic development strategies, primarily relying on fundraising activities, membership dues, and assessments. By implementing these methods, G-Redi Gretna Revitalization Enhanced & Developed Inc aims to significantly improve the economic landscape of the downtown area.
In practical terms, the nonprofit has demonstrated its commitment to this mission by providing financial assistance to the city for land improvements. Specifically, funds have been allocated for installation of kiosks along Huey P. Long Avenue, extending from Gretna City Hall to the River Levy. This initiative demonstrates G-Redi Gretna Revitalization Enhanced & Developed Inc's dedication to enhancing the aesthetics and overall appeal of the downtown district, ultimately contributing to its economic growth and development.
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Impact
October, 2024
G-Redi Gretna Revilization Enhanced & Developed Inc plays a significant role in revitalizing and enhancing the Downtown District of Gretna, Louisiana. By focusing on economic development, the organization raises funds through various activities, including membership dues and assessments, which are then utilized to improve local infrastructure and amenities.
One notable impact of G-Redi is the funding provided to enhance land improvements, such as the installation of kiosks along Huey P. Long Avenue from Gretna City Hall to the River Levy. These enhancements not only beautify the area but also promote local commerce and tourism, contributing to a vibrant downtown environment.
Additionally, G-Redi fosters community engagement, particularly in the arts, by organizing events and initiatives that bring residents together and highlight local talent. This commitment to cultural development further strengthens the social fabric of Gretna, creating a more appealing atmosphere for residents and visitors alike.
Overall, G-Redi's efforts lead to a more dynamic and economically stable downtown district, driving growth and fostering a sense of community pride.
This information is meant to be a general summary of G-Redi Gretna Revilization Enhanced & Developed 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 2022.
- Investment Income: -$345,924
- Program Service Revenue: $13,778
- Gross Receipts: $670,744
Assets and Liabilities:
- Total Assets: $735,392
- Total Liabilities: $0
- Net Assets: $735,392
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising Booklet
Revenue
$12,221
Brick Paver Sale
King Cake Networking
Revenue
$1,141
Walk for Recovery Revenue
Revenue
$416
Organization Details
Founding Year
2011
Principal Officer
Brian Heiden
Main Address
P O Box 294, Gretna, LA, 70053
NTEE Category
Code: A80 - Arts
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