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Tag Community Ventures

Nextgen Pgh

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

EIN: 472306938 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Tag Community Ventures?

Tag Community Ventures, operating under the name NEXTGEN PGH, is a 501(C)(3) community development organization situated in Pittsburgh, Pennsylvania. Their primary mission is to improve the quality of life in the city by engaging, empowering, and mobilizing the community. They achieve this by bringing people together in innovative and exciting ways, fostering social interaction and enhancing culture. One of their initiatives, NEXTGEN: PGH Civic Stage, empowers students to organize around issues they care about, amplifying their collective voice and educating fellow citizens in the process. Another project, NEXTGEN: iLab, serves as a youth-led social entrepreneurship incubator, equipping students with necessary skills and connections to innovate their communities in a complex world. With a small team of one dedicated individual, Tag Community Ventures is dedicated to enriching Pittsburgh's community through creative solutions for better urban living.


Official website here: www.nextgenpgh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

Tag Community Ventures has achieved a respectable 83% score, reflecting a solid performance in Accountability & Finance. This rating indicates a strong commitment to transparency, with 80% of board members being independent and no material diversion of assets reported. Additionally, the organization demonstrates effective financial management, as seen in its 85.28% program expense ratio.

Despite these strengths, the organization has notable areas for improvement. The absence of a whistleblower policy and a document retention and destruction policy has been highlighted as significant weaknesses, both scoring zero points in their evaluation. Addressing these shortcomings could enhance their governance practices and further bolster their accountability standards.

Overall, Tag Community Ventures shows a strong financial standing and a commitment to its mission, but further development in governance policies is necessary to achieve an even higher rating and ensure comprehensive accountability.


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

Is Tag Community Ventures legitimate?

Tag Community Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tag Community Ventures 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: $83,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nextgenpgh.org

What is the mission statement of Tag Community Ventures?

Tag Community Ventures, as a community development organization, aims to enhance the quality of life in various communities. Their strategy is to engage, empower, and mobilize the community by bringing people together in innovative and exciting ways. This is achieved by delivering creative solutions for better urban living, thereby growing local economies, increasing social interaction, and enhancing culture. Additionally, Tag Community Ventures operates NEXTGEN: ILAB, a social entrepreneurship incubator that provides students with the necessary experience, skills, and relationships to innovate and contribute positively to their communities in a complex world.


Official website here: www.nextgenpgh.org

What is the revenue of Tag Community Ventures?

Tag Community Ventures's revenue in 2023 was $25,000.


Official website here: www.nextgenpgh.org

Who are the executives of Tag Community Ventures and what are their salaries?

The average compensation at Tag Community Ventures during 2023 was $83,489. There is 1 employee at Tag Community Ventures.

Here are 6 key members and their salaries:


Alec Rieger (Executive Di)
  • Compensation: $83,489
  • Related: $0
  • Other: $0
Carmen Bruce (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Forest (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lassman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Rieger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nextgenpgh.org

Where can I find the form 990 for Tag Community Ventures?

Tag Community Ventures's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nextgenpgh.org

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

Mission Statement of Tag Community Ventures

Tag Community Ventures, as a "for purpose" 500(C)(3) community development organization, aims to enhance the quality of life in various communities by engaging, empowering, and mobilizing individuals. Their strategy involves bringing people together in innovative and exciting ways, fostering a sense of community. By delivering creative solutions for better urban living, Tag Community Ventures strives to grow local economies, increase social interaction, and enhance culture. Specifically, their NEXTGEN: ILAB program provides youth with the experience, skills, and relationships needed to innovate their communities in an increasingly complex world.

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Impact




October, 2024

Tag Community Ventures significantly impacts the community through its innovative programs aimed at empowering youth and addressing local issues. The NEXTGEN: ILAB initiative serves as a social entrepreneurship incubator, equipping students with essential skills and experiences needed to drive change in their communities. By fostering an environment of creativity and collaboration, this program aids in preparing young leaders who can navigate and innovate within our increasingly complex world.

In addition, the NEXTGEN: PGH Civic Stage initiative focuses on empowering students to voice their concerns and organize around issues that matter to them. This not only amplifies their collective voice but also educates the broader community, facilitating greater civic engagement and awareness.

Overall, Tag Community Ventures enhances the quality of life in Pittsburgh by engaging, empowering, and mobilizing individuals to work together toward creative solutions for urban living challenges. Through its efforts, it contributes to economic growth, increased social interaction, and enriched cultural experiences, fostering a vibrant and connected community.




This information is meant to be a general summary of Tag Community Ventures. 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
$25,000 (2023)
Expenses
$104,743 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $94
  • Gross Receipts: $25,000

Assets and Liabilities:

  • Total Assets: $148,027
  • Total Liabilities: $527
  • Net Assets: $147,500

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Organization Details

Founding Year

2014

Principal Officer

Alec Rieger

NTEE Category

Code: S20 - Community improvement

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