Overview
What is Aspinwall Riverfront Park Inc?
Aspinwall Riverfront Park Inc is a nonprofit organization situated along the Allegheny River, dedicated to enriching the community's quality of life. They achieve this by offering free access to parkland and multi-use trails, serving as a hub for recreational, educational, cultural, and social activities. The organization is deeply committed to revitalizing the riverfront and fostering an inclusive community engagement approach. By promoting diverse population involvement, they aim to develop an independent, self-sustaining riverfront park that will act as a cherished asset and catalyst for trail expansion.
Official website here: www.alleghenyrivertrailpark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Aspinwall Riverfront Park Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization's score is based entirely on their Accountability & Finance beacon, highlighting their effective governance and financial management practices. Notably, the board consists of 100% independent members, which is a significant strength in maintaining integrity and oversight.
The financial indicators are impressive, with a program expense ratio of 85.66% and a fundraising efficiency ratio of only $0.01, demonstrating that the majority of funds are directed towards their programs rather than fundraising costs. The organization also has a low liabilities to assets ratio, which suggests a strong financial position, and an excellent working capital ratio of 16.12 years, indicating sustainability.
However, there are areas for improvement, particularly concerning their policies. They currently lack a whistleblower policy and a document retention and destruction policy, which could be seen as gaps in their governance framework. Addressing these limitations could further enhance their accountability and transparency efforts. Overall, Aspinwall Riverfront Park Inc shows solid financial health and organizational practices, though enhancing their policy framework would be beneficial.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Aspinwall Riverfront Park Inc?
86% of reviewers on Facebook recommend Aspinwall Riverfront Park Inc. Here's a summary of their thoughts:
Many visitors appreciate the park's beautiful setting, noting it as a lovely spot for relaxation and recreation. The extensive parking area is often highlighted, as well as the convenience of the boat launch, making it a great destination for outdoor activities.
Overall, the positive sentiment is evident, with users expressing satisfaction with the facilities and the welcoming atmosphere of the park. It appears to be a well-loved community space that enhances enjoyment for both individuals and families.
This AI summary has been generated from reviews found on Facebook.
Is Aspinwall Riverfront Park Inc legitimate?
Aspinwall Riverfront Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspinwall Riverfront Park 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: $24,868
Other Salaries and Wages: $108,858
For more financial information, click here
Official website here: www.alleghenyrivertrailpark.org
What is the mission statement of Aspinwall Riverfront Park Inc?
Aspinwall Riverfront Park Inc's mission is centered around improving the community's quality of life. They achieve this by providing free public access to parkland and multi-use trails along the Allegheny River. The organization is deeply committed to riverfront revitalization and fosters inclusive community engagement through various activities such as recreation, education, culture, and social events. The goal is to create a self-sustaining riverfront park that serves as a community treasure and catalyst for trail expansion, ensuring enjoyment and engagement for a diverse population.
Official website here: www.alleghenyrivertrailpark.org
Who is the CEO of Aspinwall Riverfront Park Inc?
Rich Defelice is the Immediate Past Chair of Aspinwall Riverfront Park Inc.
Official website here: www.alleghenyrivertrailpark.org
What is the revenue of Aspinwall Riverfront Park Inc?
Aspinwall Riverfront Park Inc's revenue in 2022 was $1,871,077.
Official website here: www.alleghenyrivertrailpark.org
Who are the executives of Aspinwall Riverfront Park Inc and what are their salaries?
The average compensation at Aspinwall Riverfront Park Inc during 2022 was $36,286. There are 3 employees and 200 volunteers at Aspinwall Riverfront Park Inc.
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Official website here: www.alleghenyrivertrailpark.org
Where can I find the form 990 for Aspinwall Riverfront Park Inc?
Aspinwall Riverfront Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alleghenyrivertrailpark.org
Learn more at the official website: www.alleghenyrivertrailpark.org
Mission Statement of Aspinwall Riverfront Park Inc
Aspinwall Riverfront Park Inc is an organization dedicated to improving the community's quality of life. Their mission, in simple terms, is to offer free public access to parks and multi-purpose trails along the Allegheny River. However, this mission extends beyond just providing space. The organization is deeply committed to riverfront revitalization and fostering inclusive community engagement. They achieve this through various recreational, educational, cultural, and social activities designed for a diverse population.
In essence, Aspinwall Riverfront Park Inc seeks to create a self-sustaining riverfront park that serves as a community treasure and a catalyst for trail expansion. This park is more than just a recreational space; it's a platform for diverse communities to come together, learn, and grow. The organization's commitment to inclusive engagement ensures that everyone in the community has the opportunity to enjoy the benefits of the park, promoting a sense of unity and shared ownership. By revitalizing the riverfront, Aspinwall Riverfront Park Inc is not only improving the physical landscape but also contributing to the overall well-being and connectedness of the community.
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Impact
July, 2024
Aspinwall Riverfront Park Inc's impact can be seen in the enhancement of community members' quality of life through free public access to parkland and multi-use trails along the Allegheny River. The organization's commitment to riverfront revitalization and inclusive community engagement has led to the development of recreational, educational, cultural, and social activities for a diverse population. By creating an independent, self-sustaining riverfront park, Aspinwall Riverfront Park Inc has become a community treasure and a catalyst for trail expansion in the Pittsburgh area.
This information is meant to be a general summary of Aspinwall Riverfront Park 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: $45,748
- Gross Receipts: $1,962,841
Assets and Liabilities:
- Total Assets: $11,392,294
- Total Liabilities: $80,966
- Net Assets: $11,311,328
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Organization Details
Founding Year
2011
Phone
(412) 781-2340Principal Officer
Rich Defelice
Main Address
285 River Avenue, Pittsburgh, PA, 15215
NTEE Category
Code: N32 - Recreation
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