Overview
What is Racine Revitalization Partnership Inc?
Racine Revitalization Partnership Inc is a nonprofit organization situated in Racine, Wisconsin, with a strong focus on community development. Their core strategies involve engaging local residents in the revitalization process, fostering personal growth, and creating partnerships between private businesses, nonprofits, and government entities to efficiently use limited resources. Economic inclusion is a key priority, with efforts to establish a conducive environment for economic development, leverage job opportunities and training through projects, and ensure equal access to banking services for residents. Their ultimate goal is to improve the overall well-being of Racine by revitalizing its social, physical, and economic aspects.
Official website here: www.revitalizeracine.com
Is Racine Revitalization Partnership Inc legitimate?
Racine Revitalization Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Racine Revitalization 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,119
For more financial information, click here
Official website here: www.revitalizeracine.com
What is the mission statement of Racine Revitalization Partnership Inc?
The mission of Racine Revitalization Partnership Inc. is centered around improving a community. Their primary objective is to enhance the social, physical, and economic well-being of their neighborhoods. They achieve this by involving neighborhood residents in the revitalization process, fostering growth through their participation. Additionally, the organization establishes partnerships with private businesses, nonprofit institutions, and government entities to make the most of limited resources. Economic inclusion is another key strategy, involving the creation of an investment-friendly environment, leveraging housing and projects for job opportunities and contracting, and ensuring equal access to banking services for residents and businesses.
Official website here: www.revitalizeracine.com
Who is the CEO of Racine Revitalization Partnership Inc?
Chris Litzau is the Treasurer of Racine Revitalization Partnership Inc.
Official website here: www.revitalizeracine.com
What is the revenue of Racine Revitalization Partnership Inc?
Racine Revitalization Partnership Inc's revenue in 2022 was $213,434.
Official website here: www.revitalizeracine.com
Who are the executives of Racine Revitalization Partnership Inc and what are their salaries?
The average compensation at Racine Revitalization Partnership Inc during 2022 was $16,280. There are 4 employees and 25 volunteers at Racine Revitalization Partnership Inc.
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- Compensation: $60,000
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Official website here: www.revitalizeracine.com
Where can I find the form 990 for Racine Revitalization Partnership Inc?
Racine Revitalization Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.revitalizeracine.com
Learn more at the official website: www.revitalizeracine.com
Mission Statement of Racine Revitalization Partnership Inc
Racine Revitalization Partnership Inc, a nonprofit organization, is committed to improving the city of Racine. Their mission is centered around revitalizing the neighborhoods socially, physically, and economically. To achieve this, they employ three key strategies. Firstly, they involve neighborhood residents in the revitalization process, utilizing their involvement to foster personal growth. Secondly, they foster partnerships between private businesses, nonprofit institutions, and government, ensuring the most efficient use of limited resources. Lastly, they focus on economic inclusion by creating an investment-friendly environment to stimulate economic development. This involves leveraging investments in housing and other projects to provide job training, employment opportunities, and contracting opportunities for local residents. Furthermore, they work with financial institutions to ensure equal access to federally-insured banking institutions for households, enabling them to conduct basic financial transactions, save for emergencies, build credit, and secure loans on fair terms.
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Impact
October, 2024
Racine Revitalization Partnership Inc significantly impacts the community by driving social, physical, and economic revitalization in Racine’s neighborhoods. By emphasizing resident participation, the organization actively engages neighborhood residents in the revitalization process, promoting personal growth and strengthening community ties.
Through strategic collaboration among private businesses, nonprofit institutions, and government entities, they maximize the efficient use of limited resources, ensuring that revitalization efforts are comprehensive and effective. Their focus on economic inclusion creates an environment conducive to investment, fostering economic development that benefits all community members.
This initiative not only enhances housing and public spaces but also opens up job training and employment opportunities for residents, providing pathways to financial stability and growth. By partnering with financial institutions, Racine Revitalization Partnership Inc ensures that residents and local businesses have equitable access to banking services, which enables them to manage finances effectively, save for emergencies, build credit histories, and access fair credit.
The combined efforts of promoting collaboration, resident involvement, and economic opportunities contribute to a more vibrant, inclusive, and resilient Racine, ultimately leading to improved living conditions and a stronger community.
This information is meant to be a general summary of Racine Revitalization 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: $15,190
- Gross Receipts: $248,891
Assets and Liabilities:
- Total Assets: $1,134,454
- Total Liabilities: $940,752
- Net Assets: $193,702
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Organization Details
Founding Year
2016
Phone
(262) 456-2340Principal Officer
Chris Litzau
Main Address
1405 16th STREET, RACINE, WI, 53403
Website
www.revitalizeracine.comNTEE Category
Code: S20 - Community improvement
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