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Greenwich Town Partyinc

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

EIN: 453555667 ✦ Old greenwich, CT ✦ Designated as a 501(c)(3)

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Overview

What is Greenwich Town Partyinc?

Greenwich Town Partyinc is a nonprofit organization based in Old Greenwich, Connecticut. Their mission is dedicated to enhancing the social well-being and fostering fellowship among the residents of Greenwich by sponsoring community events and activities. Despite the challenges posed by the COVID-19 pandemic, they have managed to postpone their 2021 event to September 5, 2021, and successfully held their 2022 event on May 28, 2022.


Official website here: www.greenwichtownparty.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

Greenwich Town Partyinc has received a mixed rating of 73%, which highlights some strengths in its financial practices while also indicating areas for improvement. Notably, the organization scores full points for its program expense ratio and fundraising efficiency ratio, suggesting that it effectively allocates funds towards its programs without incurring significant fundraising expenses.

However, the organization faces some challenges, particularly in governance. While it has a fully independent board, it struggles with essential policies, receiving no points for its conflict of interest, whistleblower, and document retention policies. This lack of governance structure could raise concerns regarding transparency and accountability in its operations.

Overall, while Greenwich Town Partyinc demonstrates strong financial metrics that reflect its commitment to its mission, the low governance scores may impact the overall perception of its reliability and accountability as a nonprofit organization. Addressing these governance deficiencies could enhance its credibility and performance ratings in the future.


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

Is Greenwich Town Partyinc legitimate?

Greenwich Town Partyinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwich Town Partyinc 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

For more financial information, click here


Official website here: www.greenwichtownparty.com

What is the mission statement of Greenwich Town Partyinc?

Greenwich Town Partyinc is dedicated to enhancing the social fabric of their community by sponsoring various events and activities. These initiatives aim to foster fellowship and promote the overall well-being of the town's residents. Due to the Covid-19 pandemic, the annual gathering was postponed to September 5, 2021, and later took place on May 28, 2022. Despite the challenges brought about by the pandemic, the organization remained committed to bringing people together and creating opportunities for connection.


Official website here: www.greenwichtownparty.com

Who is the CEO of Greenwich Town Partyinc?

Ray Rivers is the Director, Co-President of Greenwich Town Partyinc.


Official website here: www.greenwichtownparty.com

What is the revenue of Greenwich Town Partyinc?

Greenwich Town Partyinc's revenue in 2022 was $12,835,347.


Official website here: www.greenwichtownparty.com

Who are the executives of Greenwich Town Partyinc and what are their salaries?


Here are 4 key members and their salaries:


Ray Rivers (Director, Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl R Kuehner Iii (Director, Co- President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond T Dalio (Director, Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Vallely (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenwichtownparty.com

Where can I find the form 990 for Greenwich Town Partyinc?

Greenwich Town Partyinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greenwichtownparty.com

Learn more at the official website: www.greenwichtownparty.com

Mission Statement of Greenwich Town Partyinc

Greenwich Town Partyinc, a nonprofit organization, is dedicated to enhancing the social fabric of its community by sponsoring various events and activities. With a focus on promoting the well-being and camaraderie among the residents of Greenwich, Connecticut, this charitable entity strives to bring people together. Due to the unprecedented challenges posed by the COVID-19 pandemic, Greenwich Town Partyinc postponed its annual event in 2021 to September 5 of that year, eventually taking place on May 28, 2022.

Amidst the picturesque landscapes of Connecticut, Greenwich Town Partyinc's endeavors play a pivotal role in fostering a sense of unity and shared experiences among the townsfolk. By designing and funding community-oriented events and initiatives, this organization creates opportunities for residents to connect, engage, and strengthen the social bonds that make Greenwich a vibrant and engaging place to live.

Greenwich Town Partyinc's mission extends beyond simply organizing events; it aims to cultivate a sense of fellowship and belonging among the residents of Greenwich. Through its initiatives, the organization fosters a spirit of communal living, ensuring that everyone has the opportunity to participate and contribute to the town's social fabric. By sponsoring a diverse range of activities, Greenwich Town Partyinc caters to various interests and backgrounds, ensuring that no one is left behind in the pursuit of a more connected and inclusive community.

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Impact




October, 2024

Greenwich Town Partyinc significantly enhances the social fabric of Greenwich, Connecticut, by sponsoring a variety of community events and activities. These initiatives foster social welfare and promote fellowship among residents, creating a sense of belonging and togetherness.

The impact is particularly evident in the way these events bring people together, encouraging interaction and collaboration among diverse groups within the community. The postponed and subsequent events in 2021 and 2022, despite the challenges posed by the COVID pandemic, underscored the organization’s commitment to maintaining community spirit and connection.

By facilitating gatherings and celebrations, Greenwich Town Partyinc not only strengthens social ties but also enhances community pride and identity. Such activities contribute to a vibrant community life, making Greenwich a more cohesive and engaged place for its residents.




This information is meant to be a general summary of Greenwich Town Partyinc. 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
$12,835,347 (2022)
Expenses
$14,059,116 (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: $1,800,080
  • Gross Receipts: $12,835,347

Assets and Liabilities:

  • Total Assets: $1,063,378
  • Total Liabilities: $18,494
  • Net Assets: $1,044,884

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Programs

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

TICKET SALES

Revenue

$1,551,630

SILENT AUCTION

Revenue

$249,620

MERCHANDISE SALES

Revenue

$61,210

REFUNDS

Revenue

-$62,380

Organization Details

Founding Year

2011

Principal Officer

Ray Rivers

Main Address

PO BOX 59, OLD GREENWICH, CT, 06870

NTEE Category

Code: S80 - Community improvement

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