Overview
What is Near West Side Partners Inc?
Near West Side Partners Inc is a nonprofit organization based in Milwaukee, Wisconsin, with a focus on revitalizing and maintaining the Near West Side as a prosperous business and residential area. Their primary objectives involve economic development, enhanced housing conditions, united neighborhood identity, effective branding, and improved safety for local residents and businesses. Their significant initiatives include collaborative projects with Concordia 27, a comprehensive community center providing access to health and wellness programs and affordable, high-quality housing. Near West Side Partners Inc believes that health and well-being, housing, and commercial development are essential elements of a safe and thriving community.
Official website here: www.nearwestsidemke.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Near West Side Partners Inc has achieved an impressive Four-Star rating from Charity Navigator, with a score of 96%. This high rating reflects the organization's strong commitment to accountability and finance, evidenced by its perfect scores across multiple metrics, including a 100% independent board and effective financial oversight measures. The organization has demonstrated transparency and ethical governance practices by implementing comprehensive policies on conflict of interest, whistleblower protections, and document retention.
The nonprofit's financial health is notable, with a program expense ratio of 86.57%, indicating that a significant majority of its expenses are dedicated to its programs rather than administrative costs. This focus on programmatic impact underscores its mission-driven approach and effective resource allocation. Furthermore, the organization has maintained a low liability-to-assets ratio of 4.20%, suggesting a stable financial position that allows for sustained operational effectiveness.
No significant limitations were reported within the available data, showcasing Near West Side Partners Inc's robust management and fiscal responsibility. Overall, the organization stands out for its strong governance, transparent practices, and a dedicated focus on impactful programs, making it a commendable choice for donors seeking to support a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Near West Side Partners Inc?
Three reviews on Facebook currently highlight positive experiences with Near West Side Partners Inc. A recent comment praises a young brother from the community for his exceptional service, products, and pricing, suggesting a strong connection to local residents and their needs.
While the limited number of reviews means there isn't extensive feedback, the sentiment reflects a sense of community involvement and a commitment to providing value. Overall, this indicates that the nonprofit is making a favorable impression and appears to be meeting expectations for service quality and community support.
This AI summary has been generated from reviews found on Facebook.
Is Near West Side Partners Inc legitimate?
Near West Side Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Near West Side Partners 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: $124,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $346,346
For more financial information, click here
Official website here: www.nearwestsidemke.org
What is the mission statement of Near West Side Partners Inc?
Near West Side Partners Inc's mission is centered around revitalizing and sustaining a vibrant business and residential area. They aim to achieve this through collaborative efforts, promoting economic development, improved housing, a unified neighborhood identity, effective branding, and enhanced safety for both residents and businesses. The organization's activities are focused on four primary areas: housing, commercial corridor development, safety, and community health. Housing and health have played significant roles in many of their programs and initiatives, with their work with Concordia 27 being a notable example. Concordia 27 is a community center that provides extensive health and wellness programming and offers high-quality, affordable housing. Near West Side Partners Inc believes that health and wellbeing, housing, and commercial development are fundamental elements of a safe and thriving community.
Official website here: www.nearwestsidemke.org
Who is the CEO of Near West Side Partners Inc?
Lindsey St Arnold Bell is the President of Near West Side Partners Inc.
Official website here: www.nearwestsidemke.org
What is the revenue of Near West Side Partners Inc?
Near West Side Partners Inc's revenue in 2022 was $6,060,522.
Official website here: www.nearwestsidemke.org
Who are the executives of Near West Side Partners Inc and what are their salaries?
The average compensation at Near West Side Partners Inc during 2022 was $47,069. There are 10 employees and 35 volunteers at Near West Side Partners Inc.
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- Compensation: $110,027
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- Other: $14,319
Official website here: www.nearwestsidemke.org
Where can I find the form 990 for Near West Side Partners Inc?
Near West Side Partners Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nearwestsidemke.org
Learn more at the official website: www.nearwestsidemke.org
Mission Statement of Near West Side Partners Inc
Near West Side Partners Inc, a nonprofit organization, is committed to revitalizing and sustaining its vicinity as a flourishing business and residential corridor. They achieve this goal through collaborative efforts, focusing on promoting economic development, improved housing, fostering a unified neighborhood identity, enhancing branding, and ensuring greater safety for residents and businesses. This mission is aimed at transforming the area into a thriving and secure environment for both residents and businesses.
In line with this mission, Near West Side Partners Inc has identified four primary focus areas: housing, commercial corridor development, safety, and community health. Among these, housing and health have played a significant role in driving numerous programs and initiatives. The organization's work with Concordia 27, a comprehensive community center, is a prime example of this commitment. Concordia 27 offers easy access to health and wellness programming and provides high-quality, affordable housing. By emphasizing health and wellbeing, housing, and commercial development, Near West Side Partners Inc is striving to create a safe and thriving community.
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Impact
July, 2024
Near West Side Partners Inc has had a significant impact on revitalizing and sustaining the Near West Side as a thriving business and residential corridor. Through collaborative efforts, Near West Side Partners Inc has promoted economic development, improved housing, unified neighborhood identity, branding, and greater safety for residents and businesses in Milwaukee, WI. Their focus on housing, commercial corridor development, safety, and community health has been instrumental in driving many programs and initiatives. Notably, their work with Concordia 27, a comprehensive community center, has provided access to health and wellness programming and high-quality, affordable housing in the Near West Side. Near West Side Partners Inc's commitment to health and well-being, housing, and commercial development has been fundamental in creating a safe and thriving community.
This information is meant to be a general summary of Near West Side Partners 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: $270
- Program Service Revenue: $343,587
- Gross Receipts: $6,080,503
Assets and Liabilities:
- Total Assets: $7,515,242
- Total Liabilities: $316,344
- Net Assets: $7,198,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BID ASSESSMENT REVENUE
Revenue
$343,587
Organization Details
Founding Year
2015
Phone
(414) 933-0640Principal Officer
Lindsey St Arnold Bell
Main Address
624 N 24TH STREET, MILWAUKEE, WI, 53233
Website
www.nearwestsidemke.orgNTEE Category
Code: S20 - Community improvement
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