Overview
What is Grow Grand Island Inc?
Grow Grand Island Inc is a dedicated nonprofit organization situated in Grand Island, Nebraska, with an address at 309 WEST 2ND ST. Their primary goal is to enhance the livability of the community and attract new business, thereby fostering growth. To achieve this mission, they employ a collaborative and comprehensive approach, focusing on business and community development in Grand Island. This approach involves working with various stakeholders to promote growth and progress in the region.
Official website here: www.growgrandisland.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating). Grow Grand Island Inc has shown a solid performance in its accountability and finance aspects, earning an overall score based solely on this category. The high score reflects strong governance practices, with a fully independent board and no reported material diversions of assets.
Key strengths include a well-structured board with a majority of independent members, a very low liabilities to assets ratio, and a high program expense ratio of 92.43%. This indicates that the organization is effectively channeling resources into its programs rather than administrative costs. Furthermore, the charity demonstrates transparency by posting required documents and meeting minutes on its website.
However, the organization has some limitations, particularly in the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing policies could raise concerns regarding governance practices and accountability. Despite these shortcomings, the organization maintains a strong financial position, which is crucial for its continued impact.
This AI summary has been generated from information found on Charity Navigator.
Is Grow Grand Island Inc legitimate?
Grow Grand Island Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grow Grand Island 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: $0
For more financial information, click here
Official website here: www.growgrandisland.com
What is the mission statement of Grow Grand Island Inc?
Grow Grand Island Inc's mission is centered around fostering a collaborative and comprehensive approach towards business and community development. Their primary objective is to drive growth and progress in the community, with a focus on enhancing the quality of life for its residents. The organization strives to attract new businesses to the community, thereby promoting overall growth and development.
Official website here: www.growgrandisland.com
What is the revenue of Grow Grand Island Inc?
Grow Grand Island Inc's revenue in 2023 was $1,175,719.
Official website here: www.growgrandisland.com
Who are the executives of Grow Grand Island Inc and what are their salaries?
There 18 volunteers at Grow Grand Island Inc.
Here are 18 key members and their salaries:
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Official website here: www.growgrandisland.com
Where can I find the form 990 for Grow Grand Island Inc?
Grow Grand Island Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.growgrandisland.com
Learn more at the official website: www.growgrandisland.com
Mission Statement of Grow Grand Island Inc
Grow Grand Island Inc, as its mission states, seeks to establish a collaborative and comprehensive approach to fostering business and community growth and progress in Grand Island. This nonprofit organization aims to enhance the quality of life for Grand Island residents and attract new business and growth within the community. By taking a collective and thorough approach, Grow Grand Island Inc strives to contribute positively to the development and progress of the community, ultimately benefiting its residents.
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Impact
July, 2024
Grow Grand Island Inc plays a pivotal role in enhancing the quality of life for residents in Grand Island, Nebraska. By fostering collaboration and implementing comprehensive strategies for business and community growth, this organization actively works towards attracting new businesses and promoting overall progress in the area. Overall, Grow Grand Island Inc's impact is seen in its dedication to driving positive change and development within the community.
This information is meant to be a general summary of Grow Grand Island 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: $9,552
- Gross Receipts: $1,175,719
Assets and Liabilities:
- Total Assets: $771,543
- Total Liabilities: $0
- Net Assets: $771,543
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Organization Details
Founding Year
2016
Principal Officer
Tonja Brown
Website
www.growgrandisland.comNTEE Category
Code: S20 - Community improvement
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