Overview
What is Rural South Texas Economic Development Corp?
The Rural South Texas Economic Development Corp is a nonprofit organization based in Riviera, Texas. With a workforce of 24 individuals, their primary mission is to empower local youth by providing training in various sectors of the workforce, such as medical and construction. They achieve this goal by collaborating with surrounding counties, schools, and other organizations. This collaborative approach allows them to offer comprehensive and up-to-date education, aiming to prepare the youth for successful careers in these fields.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 70%)
The Rural South Texas Economic Development Corp holds a two-star rating with a score of 70%, indicating areas where the organization can improve. The organization displays strengths in governance, having an entirely independent board and showing no material diversion of assets. However, significant weaknesses exist in their accountability and transparency practices, including missing policies on conflict of interest, whistleblowing, and document retention.
Financially, the nonprofit performs well with a program expense ratio of 72.98%, illustrating a strong commitment to its mission-related activities. However, the absence of critical information on their website, such as board meeting minutes and tax forms, detracts from their overall accountability. These gaps in transparency could affect how potential donors and stakeholders perceive the organization.
In summary, while the Rural South Texas Economic Development Corp shows positive attributes in governance and financial allocation, the lack of essential policies and documentation points to a need for improvement in transparency and compliance practices. Addressing these issues could significantly enhance their standing and effectiveness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Rural South Texas Economic Development Corp legitimate?
Rural South Texas Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural South Texas Economic Development Corp 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: $70,611
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rural South Texas Economic Development Corp?
The Rural South Texas Economic Development Corp's mission is centered around educating local youth, encompassing various sectors of the workforce. This includes medical and construction fields. They accomplish this through collaborative efforts with surrounding counties, schools, and organizations. Their primary objective is to equip the youth with necessary skills, thereby preparing them for potential future careers.
Who is the CEO of Rural South Texas Economic Development Corp?
Crystal R Garcia is the Exec Director of Rural South Texas Economic Development Corp.
What is the revenue of Rural South Texas Economic Development Corp?
Rural South Texas Economic Development Corp's revenue in 2022 was $114,010.
Who are the executives of Rural South Texas Economic Development Corp and what are their salaries?
The average compensation at Rural South Texas Economic Development Corp during 2022 was $2,942. There are 24 employees and 10 volunteers at Rural South Texas Economic Development Corp.
Here are 12 key members and their salaries:
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- Compensation: $50,198
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Where can I find the form 990 for Rural South Texas Economic Development Corp?
Rural South Texas Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rural South Texas Economic Development Corp
Rural South Texas Economic Development Corp, a nonprofit organization, is committed to equipping local youth with diverse skills necessary for various sectors of the workforce. This is achieved through collaborative efforts with surrounding counties, schools, and other organizations. The corporation specializes in providing education in medical and construction fields, among others, aiming to prepare the youth for potential career opportunities. By working together with local entities, Rural South Texas Economic Development Corp seeks to broaden the horizons of the youth in their region, ultimately contributing to a skilled and capable workforce.
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Impact
October, 2024
The Rural South Texas Economic Development Corp plays a crucial role in enhancing the economic landscape of the region by focusing on workforce development for local youth. By providing training in various fields, including medical and construction education, the organization addresses the pressing need for skilled workers.
Through collaboration with surrounding counties, schools, and other organizations, the Corp creates pathways for young people to gain valuable skills that are essential for successful careers. This initiative not only empowers individuals but also contributes to the overall economic growth of the community by filling gaps in local industries and improving employability.
Additionally, the emphasis on training in multiple sectors ensures that youth have diverse opportunities, fostering a more resilient workforce. As a result, the Rural South Texas Economic Development Corp strengthens the community while investing in its future.
This information is meant to be a general summary of Rural South Texas Economic Development Corp. 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: $114
- Gross Receipts: $114,010
Assets and Liabilities:
- Total Assets: $94,164
- Total Liabilities: $0
- Net Assets: $94,164
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Organization Details
Founding Year
2010
Phone
(361) 664-6541Principal Officer
Crystal R Garcia
Main Address
460 SOUTH CR 1144, RIVIERA, TX, 78379
NTEE Category
Code: S30 - Community improvement
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