Overview
What is Richmond Neighborhood Restoration Inc?
Richmond Neighborhood Restoration Inc, a nonprofit organization located in Richmond, Indiana, is committed to stimulating the revitalization of the city's historical neighborhoods. They achieve this goal through various means such as economic development, community development, citizen participation, and historic preservation. This includes fostering growth in local businesses, improving community infrastructure, encouraging community involvement, and preserving historical landmarks to maintain the city's rich heritage.
Official website here: www.richmondneighborhoodrestoration.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
Richmond Neighborhood Restoration Inc has received a Two-Star rating, indicating that while there are some strengths in accountability and finance, improvements are needed in other areas. The score is primarily based on the organization's accountability and finance metrics, reflecting its transparency and governance practices. Notably, the organization has a fully independent board, which is a positive sign for its governance structure.
However, the evaluation reveals significant weaknesses, particularly in the absence of critical policies such as conflict of interest and whistleblower protections. Additionally, the nonprofit did not provide financial statements, which are essential for assessing its financial health and operational efficiency. While the program expense ratio is strong at 83.25%, it raises concerns about transparency due to the lack of documented financial practices.
Overall, Richmond Neighborhood Restoration Inc demonstrates a commitment to program spending but must address its governance deficiencies to enhance its rating and trust with donors. Improvements in policy implementation and financial transparency will be crucial for bolstering the nonprofit's overall accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Richmond Neighborhood Restoration Inc legitimate?
Richmond Neighborhood Restoration Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond Neighborhood Restoration 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: $3,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.richmondneighborhoodrestoration.org
What is the mission statement of Richmond Neighborhood Restoration Inc?
Richmond Neighborhood Restoration Inc's mission is centered around revitalizing communities. They aim to stimulate the rejuvenation of neighborhoods through strategic approaches such as economic development, community development, active citizen participation, and historic preservation. The organization's goal is to breathe new life into these areas, ultimately contributing to their overall improvement and growth.
Official website here: www.richmondneighborhoodrestoration.org
Who is the CEO of Richmond Neighborhood Restoration Inc?
Roxie Deer is the President of Richmond Neighborhood Restoration Inc.
Official website here: www.richmondneighborhoodrestoration.org
What is the revenue of Richmond Neighborhood Restoration Inc?
Richmond Neighborhood Restoration Inc's revenue in 2022 was $564,565.
Official website here: www.richmondneighborhoodrestoration.org
Who are the executives of Richmond Neighborhood Restoration Inc and what are their salaries?
The average compensation at Richmond Neighborhood Restoration Inc during 2022 was $3,692. There is 1 employee and 26 volunteers at Richmond Neighborhood Restoration Inc.
Here are 9 key members and their salaries:
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- Compensation: $3,692
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Official website here: www.richmondneighborhoodrestoration.org
Where can I find the form 990 for Richmond Neighborhood Restoration Inc?
Richmond Neighborhood Restoration Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.richmondneighborhoodrestoration.org
Learn more at the official website: www.richmondneighborhoodrestoration.org
Mission Statement of Richmond Neighborhood Restoration Inc
Richmond Neighborhood Restoration, Inc., is committed to fostering the revitalization of historic neighborhoods in a particular location. This nonprofit organization achieves this goal through various strategies, including economic development, community development, citizen participation, and historic preservation. By implementing these methods, Richmond Neighborhood Restoration, Inc. aims to stimulate growth and renewal in the neighborhoods, ultimately enhancing their overall appeal and quality of life.
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Impact
July, 2024
Richmond Neighborhood Restoration Inc's impact is evident in the revitalization of historic neighborhoods in Richmond, Indiana. Through their focus on economic development, community engagement, citizen involvement, and historic preservation efforts, they have played a significant role in improving the overall quality of life in the city. Their dedication to neighborhood restoration has resulted in tangible improvements that benefit both residents and the community as a whole. Through their work, Richmond Neighborhood Restoration Inc is actively contributing to the enhancement of the local area and fostering a sense of pride and community spirit among residents.
This information is meant to be a general summary of Richmond Neighborhood Restoration 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: $157
- Gross Receipts: $564,565
Assets and Liabilities:
- Total Assets: $916,344
- Total Liabilities: $106,483
- Net Assets: $809,861
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Organization Details
Founding Year
2014
Phone
(317) 760-3822Principal Officer
Roxie Deer
Main Address
PO BOX 144, RICHMOND, IN, 47375
NTEE Category
Code: S20 - Community improvement
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