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The Waterfront Project Inc

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

EIN: 462360340 ✦ Jersey city, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Waterfront Project Inc?

The Waterfront Project Inc. is a 501(c)(3) nonprofit organization situated in Hudson County. Their primary goal is to support economically disadvantaged individuals, encompassing the working class, seniors, veterans, and those with disabilities. They achieve this by offering valuable information, insightful advice, and practical resources. Although specific activities or a mission description are not explicitly provided, the organization's purpose is to empower and uplift these vulnerable groups in their community.


Official website here: www.thewaterfrontproject.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

The Waterfront Project Inc has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived solely from the organization's financial practices, highlighting a strong commitment to transparency. The high rating reflects well on the integrity of the organization, as the majority of its board members are independent, and it has robust policies in place for conflict of interest and whistleblower protections.

The organization demonstrates effective financial management, as evidenced by its program expense ratio of 76.91%, which indicates a significant portion of its funds is directed towards its programs. Additionally, the liabilities to assets ratio stands at a healthy 14.88%, suggesting a low level of financial risk. These factors contribute positively to its overall rating and showcase the organization's focus on maintaining its financial health.

While The Waterfront Project Inc shows strong accountability and finance practices, it is important for potential donors and supporters to consider additional factors like program impact and community feedback for a holistic view of the organization’s effectiveness. Overall, the nonprofit seems to be on a solid footing in terms of governance and resource allocation.


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

Is The Waterfront Project Inc legitimate?

The Waterfront Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Waterfront Project 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: $110,000
Professional Fundraising Fees: $250
Other Salaries and Wages: $298,077

For more financial information, click here


Official website here: www.thewaterfrontproject.org

What is the mission statement of The Waterfront Project Inc?

The Waterfront Project Inc., being a 501(c)(3) nonprofit organization, is committed to aiding Hudson County's economically disadvantaged population, including the working poor, seniors, veterans, and individuals with disabilities. They achieve this by offering vital information, insightful advice, and essential resources. The organization's primary goal is to empower these individuals, enabling them to navigate their challenges more effectively. By doing so, The Waterfront Project Inc. seeks to enhance the overall well-being and quality of life for these vulnerable groups in the community.


Official website here: www.thewaterfrontproject.org

Who is the CEO of The Waterfront Project Inc?

Rebecca Symes is the Executive Director of The Waterfront Project Inc.


Official website here: www.thewaterfrontproject.org

What is the revenue of The Waterfront Project Inc?

The Waterfront Project Inc's revenue in 2021 was $862,392.


Official website here: www.thewaterfrontproject.org

Who are the executives of The Waterfront Project Inc and what are their salaries?

The average compensation at The Waterfront Project Inc during 2021 was $68,013. There are 6 employees at The Waterfront Project Inc.


Here are 8 key members and their salaries:


Rebecca Symes (Executive Director)
  • Compensation: $110,000
  • Related: $0
  • Other: $0
Isabel Chou (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Swanepoel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Meyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Nevoso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Peene (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Brennan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Law (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thewaterfrontproject.org

Where can I find the form 990 for The Waterfront Project Inc?

The Waterfront Project Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.thewaterfrontproject.org

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

Mission Statement of The Waterfront Project Inc

The Waterfront Project, a 501(c)(3) organization, is committed to aiding Hudson County's economically disadvantaged individuals. This nonprofit extends its assistance to groups such as the working poor, senior citizens, veterans, and people living with disabilities. By offering them vital information, advice, and resources, The Waterfront Project aims to make a significant impact in their lives. The organization's mission is centered around empowering these individuals and enabling them to overcome the challenges they face, ultimately improving their quality of life.

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Impact




July, 2024

The Waterfront Project Inc is dedicated to assisting the economically disadvantaged people of Hudson County, including the working poor, seniors, veterans, and those living with disabilities. Their impact can be seen in providing vital information, advice, and support to community members in need. Through their work, they contribute to empowering individuals and advocating for civil rights in the community.




This information is meant to be a general summary of The Waterfront Project 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.

Revenue
$862,392 (2021)
Expenses
$511,145 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $826
  • Gross Receipts: $862,392

Assets and Liabilities:

  • Total Assets: $608,238
  • Total Liabilities: $90,556
  • Net Assets: $517,682

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Organization Details

Founding Year

2013

Principal Officer

Rebecca Symes

Main Address

830 Bergen Avenue Room 4A, Jersey City, NJ, 07306

NTEE Category

Code: R22 - Civil rights

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