Overview
What is Fort Worth South Inc?
Fort Worth South Inc, operating under the name Near Southside Inc, is a nonprofit organization situated in Fort Worth, Texas. Its primary mission is to revitalize the Near Southside district, which had previously struggled with disinvestment and blight. Through Tax Increment Financing District #4, the organization has attracted public and private investment, funding various projects ranging from small repairs to large infrastructure projects. The focus areas include new development, redevelopment, and streetscape improvements. With a team of five dedicated individuals, Fort Worth South Inc is committed to transforming the district into a vibrant, mixed-use urban neighborhood.
Official website here: www.nearsouthsidefw.org
Is Fort Worth South Inc legitimate?
Fort Worth South Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fort Worth South 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: $141,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $396,783
For more financial information, click here
Official website here: www.nearsouthsidefw.org
What is the mission statement of Fort Worth South Inc?
Fort Worth South Inc's mission is centered around revitalizing a specific urban neighborhood. More precisely, their goal is to transform a formerly neglected area into a vibrant, mixed-use community. They achieve this by implementing a strategic plan, which attracts both public and private investments to the district. The organization focuses on two main areas: promoting new development and redevelopment, and improving the infrastructure and streetscape of the area. Their efforts aim to breathe new life into the district, turning it into a lively, attractive, and well-connected urban neighborhood.
Official website here: www.nearsouthsidefw.org
What is the revenue of Fort Worth South Inc?
Fort Worth South Inc's revenue in 2023 was $1,400,093.
Official website here: www.nearsouthsidefw.org
Who are the executives of Fort Worth South Inc and what are their salaries?
The average compensation at Fort Worth South Inc during 2023 was $89,639. There are 6 employees at Fort Worth South Inc.
Here are 45 key members and their salaries:
- Compensation: $141,050
- Related: $0
- Other: $9,843
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nearsouthsidefw.org
Where can I find the form 990 for Fort Worth South Inc?
Fort Worth South Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nearsouthsidefw.org
Learn more at the official website: www.nearsouthsidefw.org
Mission Statement of Fort Worth South Inc
Fort Worth South Inc, a nonprofit organization, is dedicated to revitalizing a neighborhood in Fort Worth, specifically the Near Southside area. Their mission is to transform this district into a thriving, mixed-use urban community. To achieve this, they implement a strategic plan that attracts both public and private investments. This plan has resulted in various projects, ranging from the repair of benches to the construction of large-scale infrastructure, all aimed at breathing life back into a once neglected district that had endured decades of disinvestment and deterioration. The focus areas of Fort Worth South Inc's activities include promoting new development and redevelopment, as well as improving the streets and infrastructure of the district.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Fort Worth South Inc plays a transformative role in revitalizing Fort Worth's Near Southside, fostering a vibrant urban, mixed-use neighborhood. By spearheading the implementation of a strategic plan and leveraging Tax Increment Financing District #4, the organization facilitates crucial public and private investments aimed at addressing years of disinvestment and blight.
The impact is profound, evident in the wide range of projects funded—from aesthetic improvements like sidewalk benches to significant infrastructure developments such as a 320-space parking garage. These initiatives not only enhance the physical environment but also encourage community engagement and economic growth.
Focused on new development and redevelopment, as well as streetscape and infrastructure improvements, Fort Worth South Inc is instrumental in reshaping the Near Southside into a thriving area that attracts residents, businesses, and visitors alike. This commitment to community improvement sets a precedent for urban revitalization, ensuring that the neighborhood evolves into a dynamic and inviting space for all.
This information is meant to be a general summary of Fort Worth South 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 2023.
- Investment Income: $12,165
- Program Service Revenue: $1,041,527
- Gross Receipts: $1,400,093
Assets and Liabilities:
- Total Assets: $908,550
- Total Liabilities: $11,000
- Net Assets: $897,550
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TIF
Revenue
$1,025,527
Park Management
Revenue
$16,000
Organization Details
Founding Year
1996
Principal Officer
Michael Brennan
Website
www.nearsouthsidefw.orgNTEE Category
Code: S31 - Community improvement
If you are a representative of Fort Worth South Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.