Overview
What is Greater Baton Rouge Economic Partnership Inc?
Greater Baton Rouge Economic Partnership Inc is a distinguished nonprofit organization situated in Baton Rouge, Louisiana. Their primary mission is to improve and enhance the quality of life for the local community by fostering economic growth and development. They achieve this by attracting businesses, educating the public, and creating job opportunities in the Baton Rouge area, which comprises nine parishes. In 2022, their efforts in economic development proved highly successful. The organization's activities are centered around promoting and supporting activities and functions that contribute to the region's economic growth, ultimately benefiting the general public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
The Greater Baton Rouge Economic Partnership Inc has received a favorable rating of 79%, indicating a solid level of accountability and financial health. The organization earns high marks for its governance, featuring a fully independent board comprising 97% independent members, and it has a robust conflict of interest and whistleblower policy in place. These attributes reflect a strong commitment to ethical practices and transparency.
Financially, the organization demonstrates effective management, with a program expense ratio of 72.39%, ensuring that a significant portion of its resources is directed towards its mission. Additionally, the low liabilities to assets ratio of 21.91% signifies a strong balance sheet, which enhances its stability and capacity for long-term operations.
However, while the overall score is commendable, it is essential for potential donors to consider the implications of the Three-Star rating as an indication of areas for improvement. Continuous monitoring of financial practices and governance standards will be crucial for maintaining and enhancing donor trust and support in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Baton Rouge Economic Partnership Inc legitimate?
Greater Baton Rouge Economic Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Baton Rouge Economic Partnership 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: $0
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Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Greater Baton Rouge Economic Partnership Inc?
The Greater Baton Rouge Economic Partnership Inc is committed to enhancing the quality of life for the public in its surrounding area. They achieve this by promoting and supporting activities that attract businesses, educate the public, and create jobs. These endeavors are aimed at stimulating economic growth and development in the region. The organization's mission is centered around attracting businesses, educating the public, and fostering job creation, which ultimately leads to economic advancement. In 2022, their efforts in economic development proved to be successful in the Baton Rouge area.
Who is the CEO of Greater Baton Rouge Economic Partnership Inc?
Ann Trappey is the Past Chair of Greater Baton Rouge Economic Partnership Inc. The CEO's salary of Greater Baton Rouge Economic Partnership Inc is $0 and their total compensation is $399,478.
What is the revenue of Greater Baton Rouge Economic Partnership Inc?
Greater Baton Rouge Economic Partnership Inc's revenue in 2022 was $1,411,561.
Who are the executives of Greater Baton Rouge Economic Partnership Inc and what are their salaries?
Here are 73 key members and their salaries (Greater Baton Rouge Economic Partnership Inc's CEO's salary is $0 and their total compensation is $399,478):
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Where can I find the form 990 for Greater Baton Rouge Economic Partnership Inc?
Greater Baton Rouge Economic Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Baton Rouge Economic Partnership Inc
Greater Baton Rouge Economic Partnership Inc is an organization committed to enhancing and improving the quality of life for the public in and around the Baton Rouge area. The nonprofit achieves this goal by actively promoting and supporting activities and functions that attract businesses, educate the public, and create jobs. These initiatives drive economic growth and development within the region. By doing so, Greater Baton Rouge Economic Partnership Inc contributes to the overall prosperity and well-being of the community. In 2022, these efforts proved to be highly successful, demonstrating the organization's significant impact on the regional economy.
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Impact
July, 2024
Greater Baton Rouge Economic Partnership Inc has had a significant impact on the economic development of the Baton Rouge area. By promoting and supporting activities that attract businesses, educate the public, and create jobs, the organization has played a crucial role in increasing economic growth and development in the region. In 2022, their efforts were particularly successful, leading to tangible improvements in the quality of life for the general public in and around Baton Rouge. Their dedication to community improvement has made a real difference in the area's overall prosperity and well-being.
This information is meant to be a general summary of Greater Baton Rouge Economic Partnership 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: $7,278
- Program Service Revenue: $64,970
- Gross Receipts: $1,411,561
Assets and Liabilities:
- Total Assets: $10,047,185
- Total Liabilities: $2,201,395
- Net Assets: $7,845,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP
Revenue
$64,970
Organization Details
Founding Year
1994
Phone
(225) 381-7125Principal Officer
Ann Trappey
Main Address
564 LAUREL STREET, BATON ROUGE, LA, 70801
NTEE Category
Code: S40 - Community improvement
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