Overview
What is Shreveport Common Inc?
Shreveport Common Inc, situated in Shreveport, Louisiana, serves as a catalyst for redevelopment in the local community. Their primary objective is to revitalize blighted properties by raising private funds to match public funds for projects like the new Caddo Common park. This organization is committed to fostering public-private partnerships, as outlined in their mission to implement the Shreveport Common Vision Plan. This vision aims to transform Shreveport Common into an innovative, arts-focused cultural hub, enriching the community with a unique and creative atmosphere. With a small team of dedicated individuals, Shreveport Common Inc is actively contributing to the revitalization of their city.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Shreveport Common Inc has garnered a solid Three-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The charity achieved an overall score based entirely on its Accountability & Finance metrics, which indicates a high level of effectiveness in how it manages its resources.
One of the standout features of Shreveport Common Inc is its governance structure, with 100% of its board members being independent. The organization has implemented essential practices such as documenting board meeting minutes and maintaining a conflict of interest policy, contributing to its favorable score. Additionally, the organization reports no material diversion of assets, showcasing its financial integrity.
While the charity scores well in various categories, including a perfect program expense ratio, the single-focus rating means that other aspects of its operations are not reflected in the score. Potential donors may want to consider looking into program outcomes and community impact to get a more comprehensive view of the organization’s effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Shreveport Common Inc legitimate?
Shreveport Common Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shreveport Common 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,798
For more financial information, click here
What is the mission statement of Shreveport Common Inc?
Shreveport Common Inc's mission is centered around facilitating collaborative efforts between public and private sectors. Their primary goal is to implement the Shreveport Common Vision Plan, aiming to revitalize the community into an Arts-Inspired and culturally rich environment. This transformation is envisioned to make the community an 'UNcommon Creative Cultural Community.' Shreveport Common Inc also works on removing barriers for the redevelopment of neglected properties in the area. They raise private funds to supplement public investments in community revitalization projects, such as the development of the new Caddo Common park.
Who is the CEO of Shreveport Common Inc?
Wendy Benscoter is the Chairman of Shreveport Common Inc.
What is the revenue of Shreveport Common Inc?
Shreveport Common Inc's revenue in 2022 was $103,117.
Who are the executives of Shreveport Common Inc and what are their salaries?
The average compensation at Shreveport Common Inc during 2022 was $81,798. There is 1 employee and 30 volunteers at Shreveport Common Inc.
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Where can I find the form 990 for Shreveport Common Inc?
Shreveport Common Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shreveport Common Inc
Shreveport Common Inc is dedicated to fostering collaborative partnerships between public and private entities to bring the Shreveport Common Vision Plan to life. This vision entails revitalizing Shreveport Common into an Arts-Inspired, innovative, and culturally rich community, distinctively known as an 'UNcommon Creative Cultural Community.' To achieve this mission, Shreveport Common Inc works tirelessly to remove hindrances in the redevelopment of neglected properties within Shreveport Common. This effort involves raising substantial private funds to complement public funds, thereby contributing to community revitalization projects, such as the development of the new Caddo Common park.
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Impact
October, 2024
Shreveport Common Inc plays a crucial role in transforming the Shreveport Common area into a vibrant and culturally rich community. By fostering public and private partnerships, the organization actively implements the Shreveport Common Vision Plan, which aims to revitalize the district through arts-inspired initiatives. This effort not only enhances the aesthetic appeal of the area but also promotes cultural engagement and community cohesion.
The organization is focused on overcoming obstacles that hinder the redevelopment of blighted properties, effectively addressing the challenges of urban decay. By raising private funds to complement public investment, Shreveport Common Inc drives significant community revitalization projects, such as the development of the new Caddo Common park. This not only improves the environment but also creates spaces for community gatherings, artistic expression, and recreational activities, contributing to a sense of belonging and participation among residents.
Overall, Shreveport Common Inc significantly impacts the local community by improving urban infrastructure, promoting cultural experiences, and fostering economic development, ultimately working towards an uncommon, creative, and culturally vibrant Shreveport Common.
This information is meant to be a general summary of Shreveport Common 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: $155
- Gross Receipts: $104,500
Assets and Liabilities:
- Total Assets: $693,269
- Total Liabilities: $104
- Net Assets: $693,165
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Organization Details
Founding Year
2014
Phone
(318) 673-6537Principal Officer
Wendy Benscoter
Main Address
801 Crockett St, Shreveport, LA, 71101
NTEE Category
Code: S20 - Community improvement
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