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Urban Restoration Enhancement Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721223347 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is Urban Restoration Enhancement Corporation?

Urban Restoration Enhancement Corporation (UREC) is a nonprofit organization situated in Baton Rouge, Louisiana, specifically at 7732 Goodwood Boulevard Suite 204. Their primary mission is to uplift neighborhoods in Baton Rouge and its surrounding region by offering affordable housing, small business training, and youth development opportunities. UREC has achieved this goal by renovating and managing three housing communities annually, accommodating over 100 low to moderate income individuals. Additionally, they operate the Urban Gardens Apartment Community. Beyond housing, UREC strives to contribute positively to the community by employing a team of 7 dedicated individuals.


Official website here: www.urecbr.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 89% - Three-Star out of Four Star Rating

Urban Restoration Enhancement Corporation has earned a Three-Star rating from Charity Navigator, indicating a strong performance in key areas of accountability and financial management. The organization has a solid accountability and finance score of 81, reflecting good governance practices, including a fully independent board and robust financial oversight measures. The organization demonstrates transparency with its conflict of interest and whistleblower policies as well as maintaining accurate documentation of board meeting minutes.

Strengths of the organization include a high program expense ratio of 82.54%, suggesting that a significant portion of its resources is directed towards its mission rather than administrative costs. Additionally, the organization has achieved a perfect impact score with effective evaluation processes, successfully reaching 480 beneficiaries in a specified timeframe. This illustrates the organization's commitment to measuring and reporting on its impact, which is a crucial factor for donor confidence.

However, the organization does have a liability to assets ratio of 71.03%, which may raise concerns about its financial stability and operational sustainability. While the charity's strong emphasis on accountability and impact is commendable, potential donors might want to consider the implications of its financial liabilities when making contributions. Overall, Urban Restoration Enhancement Corporation demonstrates a commitment to effective service delivery and sound governance principles.


This AI summary has been generated from information found on Charity Navigator.

Is Urban Restoration Enhancement Corporation legitimate?

Urban Restoration Enhancement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Restoration Enhancement Corporation 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: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,306

For more financial information, click here


Official website here: www.urecbr.com

What is the mission statement of Urban Restoration Enhancement Corporation?

The Urban Restoration Enhancement Corporation's mission is centered around improving neighborhoods by providing affordable housing, small business training, and development opportunities for the youth. This organization strives to make a positive impact in various communities across Baton Rouge and its surrounding region. By renovating housing facilities and managing three communities annually, UREC accommodates over 100 low to moderate income individuals. Additionally, UREC operates the Urban Gardens Apartment Community, furthering its commitment to community enhancement.


Official website here: www.urecbr.com

Who is the CEO of Urban Restoration Enhancement Corporation?

Carl Dillon Jr is the Chair of Urban Restoration Enhancement Corporation.


Official website here: www.urecbr.com

What is the revenue of Urban Restoration Enhancement Corporation?

Urban Restoration Enhancement Corporation's revenue in 2022 was $1,916,670.


Official website here: www.urecbr.com

Who are the executives of Urban Restoration Enhancement Corporation and what are their salaries?

The average compensation at Urban Restoration Enhancement Corporation during 2022 was $41,901. There are 7 employees and 25 volunteers at Urban Restoration Enhancement Corporation.


Here are 7 key members and their salaries:


Girard Melancon Phd (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morise Duffin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenyetta Nelson-Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Byrne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Dillon Jr (Executive Director)
  • Compensation: $95,000
  • Related: $0
  • Other: $0


Official website here: www.urecbr.com

Where can I find the form 990 for Urban Restoration Enhancement Corporation?

Urban Restoration Enhancement Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.urecbr.com

Learn more at the official website: www.urecbr.com

Mission Statement of Urban Restoration Enhancement Corporation

Urban Restoration Enhancement Corporation (UREC) is dedicated to improving neighborhoods across Baton Rouge and its surrounding region. Their mission is twofold: to provide affordable housing and create opportunities for youth development and small business training. By offering these services, UREC aims to enhance the living conditions and prospects of the local community.

UREC has taken active steps towards achieving its mission. They manage and renovate housing communities to cater to the needs of over 100 low to moderate income individuals annually. One of their notable projects is the Urban Gardens Apartment Community. Beyond housing, UREC also focuses on youth development, offering opportunities that empower young people in the community. Additionally, they provide resources for small business training, helping local entrepreneurs to establish and grow their businesses. This holistic approach to community development aims to improve the overall quality of life in the neighborhoods that UREC serves.

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Impact




July, 2024

Urban Restoration Enhancement Corporation's impact is significant in Baton Rouge and the surrounding region. Through their efforts to provide affordable housing, small business training, and youth development opportunities, they are actively improving neighborhoods and the lives of residents. UREC has renovated and manages three housing communities, serving over 100 low to moderate-income individuals annually. Additionally, they operate the Urban Gardens Apartment Community, further contributing to their mission of enhancing the community. Their work directly addresses the need for affordable housing and empowers individuals through skill-building initiatives. UREC's focus on community improvement is evident in their multifaceted approach to addressing the needs of the area.




This information is meant to be a general summary of Urban Restoration Enhancement Corporation. 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.

Revenue
$1,916,670 (2022)
Expenses
$1,828,937 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $53,829
  • Gross Receipts: $1,916,670

Assets and Liabilities:

  • Total Assets: $4,272,523
  • Total Liabilities: $2,499,683
  • Net Assets: $1,772,840

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COMMUNITY APARTMENTS

Revenue

$53,829

Organization Details

Founding Year

1992

Principal Officer

Carl Dillon Jr

Main Address

7732 GOODWOOD BOULEVARD SUITE 204, BATON ROUGE, LA, 70806

NTEE Category

Code: S20Z - Community improvement

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