Overview
What is Lake Merritt Uptown Association?
The Lake Merritt Uptown Association, located in Oakland, California, serves as the manager of a Community Benefit District (CBD) established to revitalize a 36-block area along Broadway in downtown Oakland. This nonprofit organization's mission encompasses maintaining cleanliness and order in public rights-of-way, enhancing district identity, fostering cultural opportunities, creating and preserving public spaces, and advocating for the interests of the district's stakeholders. In carrying out its mission, the Lake Merritt Uptown Association provides special services such as district maintenance, security, beautification, and cultural enrichment. Their primary role is to manage the CBD's revenue and oversee service delivery, while also working on building the organization's capacity to better serve its community.
Official website here: www.lakemerritt-uptown.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
The Lake Merritt Uptown Association has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational areas. While the organization has a strong program expense ratio of 91.25%, indicating that a majority of its expenditures are directed towards programs rather than administrative costs, there are significant gaps in accountability and finance practices that are concerning.
One of the strengths of the association is its governance structure, with 100% independent board members, reflecting a commitment to unbiased oversight. However, notable weaknesses include the absence of a whistleblower policy and a document retention policy, which are crucial for ensuring transparency and accountability. Additionally, financial statements were not available, contributing to the low score in this area.
Overall, while the Lake Merritt Uptown Association demonstrates effective programmatic spending and a solid governance framework, the lack of essential financial documents and policies highlights areas that require immediate attention to enhance credibility and trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Merritt Uptown Association legitimate?
Lake Merritt Uptown Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Merritt Uptown Association 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.
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Official website here: www.lakemerritt-uptown.org
What is the mission statement of Lake Merritt Uptown Association?
The Lake Merritt Uptown Association serves as a management corporation for a Community Benefit District (CBD) in Oakland, with the primary goal of revitalizing its downtown area. This revitalization involves maintaining cleanliness and order in public rights-of-way, improving the district's identity, fostering cultural opportunities, creating and maintaining new public spaces, and advocating on behalf of the district's stakeholders. The association provides special benefit services such as district maintenance, security, beautification, and cultural enrichment to further enhance the area.
Official website here: www.lakemerritt-uptown.org
Who is the CEO of Lake Merritt Uptown Association?
Sara De La Riva is the Board Member of Lake Merritt Uptown Association.
Official website here: www.lakemerritt-uptown.org
What is the revenue of Lake Merritt Uptown Association?
Lake Merritt Uptown Association's revenue in 2022 was $1,683,574.
Official website here: www.lakemerritt-uptown.org
Who are the executives of Lake Merritt Uptown Association and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.lakemerritt-uptown.org
Where can I find the form 990 for Lake Merritt Uptown Association?
Lake Merritt Uptown Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakemerritt-uptown.org
Learn more at the official website: www.lakemerritt-uptown.org
Mission Statement of Lake Merritt Uptown Association
The Lake Merritt Uptown Association, serving as a Community Benefit District (CBD) management corporation, is dedicated to revitalizing Oakland's historic downtown. Their mission is threefold: firstly, they work towards maintaining cleanliness and order in the public rights-of-way, ensuring a well-maintained environment for the district's stakeholders. Secondly, they aim to improve the district's identity by fostering cultural opportunities, creating and maintaining new public spaces, and advocating on behalf of the community. Lastly, the Lake Merritt Uptown Association provides special benefit services such as district maintenance, security, beautification, and cultural enrichment, contributing to a vibrant and inviting downtown area. In essence, their mission is to revitalize Oakland's downtown by ensuring its cleanliness, enhancing its cultural appeal, and providing essential services for the community's betterment.
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Impact
July, 2024
The Lake Merritt Uptown Association, through its community benefit district management, has significantly improved the Broadway corridor in downtown Oakland. The association's focus on district maintenance, security, beautification, and cultural enrichment has revitalized a 36-block area, creating a cleaner and more orderly public space. Additionally, the organization's advocacy efforts on behalf of district stakeholders have fostered cultural opportunities and created new public spaces, contributing to the overall improvement of the community.
This information is meant to be a general summary of Lake Merritt Uptown Association. 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: $1,768
- Program Service Revenue: $1,670,608
- Gross Receipts: $1,683,574
Assets and Liabilities:
- Total Assets: $124,579
- Total Liabilities: $0
- Net Assets: $124,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$1,670,608
Organization Details
Founding Year
2008
Phone
(510) 238-1122Principal Officer
Sara De La Riva
Main Address
388 19TH STREET, OAKLAND, CA, 94612
Website
www.lakemerritt-uptown.orgNTEE Category
Code: S20 - Community improvement
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