Overview
What is Central Houston Civic Improvement Inc?
Central Houston Civic Improvement Inc is a nonprofit organization situated in Houston, Texas, specifically at 1221 McKinney Street Suite 4250. Their primary focus is to support the growth and vitality of downtown Houston and the central city, which is essential for the city's overall health and expansion. They achieve this by serving as a reliable resource for investors, building owners, and tenants. This role includes acting as a clearinghouse for information, such as internal data, downtown office stories, development maps, and independent research. The ultimate goal of their Economic Development Program is to attract and retain office tenants, encourage quality development, foster the innovation ecosystem, and ultimately bring employers and jobs to downtown.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% - Four-Star out of Four Star Rating.
Central Houston Civic Improvement Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization’s overall score is based entirely on its strong performance in accountability and finance, achieving a score of 94%. This rating reflects not only effective management but also transparency in their operations.
The nonprofit demonstrates an exemplary governance structure with a fully independent board comprising eight members. It has achieved perfect scores in various areas including financial oversight, absence of asset diversion, and established policies for conflicts of interest and whistleblowing. With a program expense ratio of 95.91%, it is evident that a significant majority of their expenditures directly support their mission, ensuring donor contributions are effectively utilized.
While the data showcases impressive accountability measures and financial ratios, limitations are not explicitly noted, indicating a strong operational framework. Overall, Central Houston Civic Improvement Inc stands out as a financially responsible organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Central Houston Civic Improvement Inc legitimate?
Central Houston Civic Improvement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Houston Civic Improvement 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,863
For more financial information, click here
What is the mission statement of Central Houston Civic Improvement Inc?
Central Houston Civic Improvement Inc's mission is centered around ensuring the continued vitality and supporting the development of downtown and the central city. This is crucial for the continued health and growth of the city. Their activities include serving as a reliable resource for investors, building owners, and tenants, acting as a clearinghouse for information. This includes internally generated data like the Downtown Office Story, development maps, and independent research. The goal of their economic development program is to recruit and retain office tenants, encourage quality development, foster the innovation ecosystem, and ultimately bring employers and jobs to the downtown area.
Who is the CEO of Central Houston Civic Improvement Inc?
Kris Larson is the Treasurer of Central Houston Civic Improvement Inc.
What is the revenue of Central Houston Civic Improvement Inc?
Central Houston Civic Improvement Inc's revenue in 2022 was $1,153,532.
Who are the executives of Central Houston Civic Improvement Inc and what are their salaries?
There 44 volunteers at Central Houston Civic Improvement Inc.
Here are 48 key members and their salaries:
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Where can I find the form 990 for Central Houston Civic Improvement Inc?
Central Houston Civic Improvement Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Houston Civic Improvement Inc
Central Houston Civic Improvement Inc, with its mission statement, is committed to ensuring the continued vitality and supporting the development of the downtown area and the central city. This nonprofit organization recognizes the significance of these areas to the overall health and growth of Houston. To achieve its mission, Central Houston Civic Improvement Inc operates an economic development program. This program serves as a valuable resource for investors, building owners, and tenants, acting as a clearinghouse for information. The program's primary goal is to attract and retain office tenants, encourage quality development, foster the innovation ecosystem, and ultimately bring employers and jobs to the downtown area. By implementing this program, Central Houston Civic Improvement Inc aims to contribute to the ongoing success and growth of Houston's central city.
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Impact
July, 2024
Central Houston Civic Improvement Inc plays a vital role in ensuring the continued vitality and development of downtown Houston, which is crucial for the overall health and growth of the city. Through its economic development program, the organization serves as a reliable resource for investors, building owners, and tenants. By providing valuable information such as the downtown office story, development maps, and independent research, the program aims to recruit and retain office tenants, encourage quality development, grow the innovation ecosystem, and attract employers and jobs to downtown Houston. In doing so, Central Houston Civic Improvement Inc positively impacts the community by fostering economic growth, improving infrastructure, and enhancing the overall appeal of the central city area.
This information is meant to be a general summary of Central Houston Civic Improvement 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: $17,662
- Gross Receipts: $1,153,532
Assets and Liabilities:
- Total Assets: $1,863,813
- Total Liabilities: $277,145
- Net Assets: $1,586,668
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Organization Details
Founding Year
1986
Phone
(713) 650-1470Principal Officer
Kris Larson
Main Address
1221 MCKINNEY STREET SUITE 4250, HOUSTON, TX, 77010
NTEE Category
Code: S25Z - Community improvement
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