Overview
What is Mayor's Institute For Excellence In Government Inc?
Mayor's Institute for Excellence in Government Inc, situated in Memphis, Tennessee, is a nonprofit organization with a mission to address major urban challenges facing the city. Their primary focus is on generating neighborhood vitality, improving city services, reimagining civic assets, and ensuring mobility and wellness access for low-income residents. The organization, with a team of 10 dedicated individuals, develops and implements programs to tackle these issues, striving to enhance the quality of life in Memphis.
Official website here: www.innovatememphis.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Mayor's Institute For Excellence In Government Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization demonstrates a commendable commitment to transparency, as evidenced by its high scores in areas such as independent board membership and financial oversight, with a perfect score in the majority independent board members category.
Strengths of the nonprofit include its effective management of resources, with a program expense ratio of 88.70%, suggesting that a significant portion of its expenditures are directed towards its programs. Moreover, the organization has implemented necessary financial governance measures such as an audit and oversight committee, which reflects positively on its financial health and commitment to ethical practices.
However, there are some limitations noted in the data, including the absence of a whistleblower policy and document retention and destruction policies, which received a score of zero. Addressing these gaps could enhance the organization's operational integrity and further boost its accountability rating. Overall, the Mayor's Institute For Excellence In Government Inc is positioned as a reliable entity in its field, yet there is room for improvement in governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Mayor's Institute For Excellence In Government Inc legitimate?
Mayor's Institute For Excellence In Government Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayor's Institute For Excellence In Government 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: $100,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $534,471
For more financial information, click here
Official website here: www.innovatememphis.com
What is the mission statement of Mayor's Institute For Excellence In Government Inc?
The Mayor's Institute for Excellence in Government Inc. is dedicated to addressing major urban challenges. Their mission involves developing and implementing programs aimed at enhancing neighborhood vitality, improving city services, reimagining civic assets, and promoting mobility and wellness access for low-income residents. This organization strives to make significant contributions to urban development, working towards the betterment of cities and their inhabitants.
Official website here: www.innovatememphis.com
Who is the CEO of Mayor's Institute For Excellence In Government Inc?
Jessica Lotz is the Secretary of Mayor's Institute For Excellence In Government Inc.
Official website here: www.innovatememphis.com
What is the revenue of Mayor's Institute For Excellence In Government Inc?
Mayor's Institute For Excellence In Government Inc's revenue in 2022 was $2,041,109.
Official website here: www.innovatememphis.com
Who are the executives of Mayor's Institute For Excellence In Government Inc and what are their salaries?
The average compensation at Mayor's Institute For Excellence In Government Inc during 2022 was $63,452. There are 10 employees and 9 volunteers at Mayor's Institute For Excellence In Government Inc.
Here are 11 key members and their salaries:
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- Compensation: $50,000
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- Other: $3,175
Official website here: www.innovatememphis.com
Where can I find the form 990 for Mayor's Institute For Excellence In Government Inc?
Mayor's Institute For Excellence In Government Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.innovatememphis.com
Learn more at the official website: www.innovatememphis.com
Mission Statement of Mayor's Institute For Excellence In Government Inc
The Mayor's Institute for Excellence in Government Inc is dedicated to tackling significant urban issues that affect Memphis, Tennessee. Their primary mission involves the development and implementation of programs aimed at enhancing neighborhood vitality, improving city services, reimagining civic assets, and promoting mobility and wellness access for low-income residents. By undertaking these initiatives, the organization seeks to contribute positively to the city's overall growth and development.
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Impact
July, 2024
Mayor's Institute For Excellence In Government Inc's impact includes developing and implementing programs to address major urban challenges in Memphis, Tennessee. These programs focus on generating neighborhood vitality, improving city services, reimagining civic assets, and supporting mobility and wellness access for low-income residents. The organization works towards enhancing the overall quality of life in Memphis by addressing critical issues and promoting positive change in the community.
This information is meant to be a general summary of Mayor's Institute For Excellence In Government 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: $4,131
- Program Service Revenue: $213,096
- Gross Receipts: $2,041,109
Assets and Liabilities:
- Total Assets: $2,082,507
- Total Liabilities: $82,811
- Net Assets: $1,999,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$213,096
Organization Details
Founding Year
2011
Phone
(901) 647-9090Principal Officer
Jessica Lotz
Main Address
516 TENNESSEE ST 223, MEMPHIS, TN, 38103
Website
www.innovatememphis.comNTEE Category
Code: W99 - Public benefit
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