Overview
What is Mississippi River Cities & Towns Initiative?
The Mississippi River Cities & Towns Initiative (MRCTI) is a nonprofit organization based in Saint Louis, Missouri, with a mission to protect, restore, and manage the Mississippi River effectively. With a focus on water quality, river management, conservation, and sustainable economies, MRCTI aims to create an independent voice for the river. The organization values the river's culture and history and is committed to ensuring clean water, disaster resilience, and sustainable economic development. With more than 20 million people and 50 cities relying on the Mississippi River's surface water, MRCTI works tirelessly to safeguard this vital resource. In 2022, the organization secured a multistate and multicity grant for plastic pollution reduction across St. Louis, Memphis, and Baton Rouge. The top three economies on the Mississippi - manufacturing, tourism, and agriculture - depend on clean fresh water, generating nearly $1 trillion in cargo and $500 billion in annual revenue, supporting over 1.3 million jobs.
Official website here: www.mrcti.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Mississippi River Cities & Towns Initiative has achieved a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The organization scored 81% overall, entirely based on its accountability and finance metrics, indicating a reliable operational framework.
One of the strengths highlighted is the full compliance with governance standards, as evidenced by the presence of a majority independent board and a robust conflict of interest policy. Additionally, the organization demonstrates careful financial management with a low liabilities-to-assets ratio and a high program expense ratio, ensuring that funds are effectively channeled towards its mission.
While the score is positive, it is essential to note that the rating is based solely on financial metrics. There is no evaluation of program effectiveness or impact, which could provide a more comprehensive view of the organization’s overall performance and mission success.
This AI summary has been generated from information found on Charity Navigator.
Is Mississippi River Cities & Towns Initiative legitimate?
Mississippi River Cities & Towns Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi River Cities & Towns Initiative 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:
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Other Salaries and Wages: $246,547
For more financial information, click here
Official website here: www.mrcti.org/
What is the mission statement of Mississippi River Cities & Towns Initiative?
The Mississippi River Cities & Towns Initiative aims to serve as an independent voice for the Mississippi River, working towards effective river protection, restoration, and management. This is achieved by addressing water quality, river management, conservation, and sustainable economies. The organization also seeks to celebrate the river's culture and history. Key priorities include clean water, disaster resilience, and sustainable economic development, as over 20 million people and 50 cities rely on the river for their drinking water. The initiative considers these aspects crucial, given that nearly $1 trillion worth of cargo moves on the Mississippi River annually, supporting over 1.3 million jobs.
Official website here: www.mrcti.org/
Who is the CEO of Mississippi River Cities & Towns Initiative?
Bob Gallagher is the Co Chair of Mississippi River Cities & Towns Initiative.
Official website here: www.mrcti.org/
What is the revenue of Mississippi River Cities & Towns Initiative?
Mississippi River Cities & Towns Initiative's revenue in 2022 was $501,193.
Official website here: www.mrcti.org/
Who are the executives of Mississippi River Cities & Towns Initiative and what are their salaries?
The average compensation at Mississippi River Cities & Towns Initiative during 2022 was $82,182. There are 3 employees and 25 volunteers at Mississippi River Cities & Towns Initiative.
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Official website here: www.mrcti.org/
Where can I find the form 990 for Mississippi River Cities & Towns Initiative?
Mississippi River Cities & Towns Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mrcti.org/
Learn more at the official website: www.mrcti.org/
Mission Statement of Mississippi River Cities & Towns Initiative
The Mississippi River Cities & Towns Initiative (MRCTI) is a nonprofit organization that serves as an independent voice, advocating for the protection, restoration, and management of the Mississippi River. Their mission is to significantly increase demand for effective river protection, restoration, and management by addressing water quality, river management, conservation, and sustainable economies while celebrating the river's culture and history.
The MRCTI strives to create a unified approach for the entire river, encompassing both the upper and lower regions. In a remarkable achievement, they successfully advocated for the passage of the Nation's first-ever Lower Mississippi River Ecological Restoration Program. This program, combined with its decades-old upper river counterpart, aims to holistically address the needs of the river.
Moreover, in 2022, MRCTI secured the nation's first multi-state and multi-city coordinated grant award for plastic pollution reduction across St. Louis, Memphis, and Baton Rouge. This initiative underscores their commitment to clean water, disaster resilience, and sustainable economic development, as more than 20 million people and 50 cities rely on the surface water of the Mississippi River for their drinking needs.
The top three economies on the Mississippi River are manufacturing, tourism, and agriculture. Nearly $1 trillion worth of cargo moves on the Mississippi River every year, generating nearly $500 billion in annual revenue and supporting over 1.3 million jobs. The MRCTI recognizes that the vital resource of clean fresh water is crucial to these economies, and therefore, considers clean water, disaster resilience, and sustainable economic development as top priorities.
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Impact
July, 2024
The Mississippi River Cities & Towns Initiative has had a significant impact on the protection, restoration, and management of the Mississippi River. By advocating for clean water, disaster resilience, and sustainable economic development, the initiative has successfully secured grants and implemented programs that address key issues such as plastic pollution reduction. The mayors involved in this initiative have celebrated milestones such as the passage of the nation's first Lower Mississippi River ecological restoration program, which complements existing efforts along the Upper River. This coordinated approach aims to ensure the health and sustainability of the entire river, benefiting the 20 million people and 50 cities that rely on its surface water for drinking. With the Mississippi River supporting critical industries like manufacturing, tourism, and agriculture, the initiative's focus on clean fresh water helps safeguard nearly $1 trillion worth of annual cargo movements and supports over 1.3 million jobs. Through these efforts, the Mississippi River Cities & Towns Initiative is playing a crucial role in ensuring the future vitality of the Mississippi River and the communities that depend on it.
This information is meant to be a general summary of Mississippi River Cities & Towns Initiative. 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.
- Gross Receipts: $501,193
Assets and Liabilities:
- Total Assets: $745,240
- Total Liabilities: $12,495
- Net Assets: $732,745
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Organization Details
Founding Year
2015
Principal Officer
Bob Gallagher
Main Address
1520 MARKET STREET RM 2000, SAINT LOUIS, MO, 63103
Website
www.mrcti.org/NTEE Category
Code: C32 - Environment
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