Overview
What is Downtown Riverfront Trust?
Downtown Riverfront Trust is a nonprofit organization situated in Omaha, Nebraska, with a mission to enhance the Missouri River waterfront in the metropolitan area for public benefit. In collaboration with local governmental agencies and private sector entities, the Trust assumes responsibility for planning, designing, and constructing a new Tri-Park complex on three City of Omaha-owned properties: Lewis and Clark Landing, Heartland of America Park, and Gene Leahy Mall. Their primary role involves securing private donations from the community to fund a portion of the development, while the Metropolitan Entertainment & Convention Authority (MECA) covers project expenses and manages the operation and maintenance of the complex. Due to this partnership, most funds raised by the Trust for this project are reported as grants and contributions payable to MECA.
Is Downtown Riverfront Trust legitimate?
Downtown Riverfront Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Riverfront Trust 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Downtown Riverfront Trust
The Downtown Riverfront Trust, a collaborative entity, works in harmony with local governmental agencies and private sector entities, with a primary objective of enhancing the Missouri River waterfront in the metropolitan area for the benefit and use of the general public. To achieve this goal, the organization has assumed responsibility, in collaboration with the City of Omaha, the Metropolitan Entertainment & Convention Authority (MECA), and a Riverfront Revitalization Committee, for the planning, design, and construction of the New Tri-Park Complex. This development encompasses three City of Omaha-owned properties: Lewis and Clark Landing, Heartland of America Park, and Gene Leahy Mall.
Funding for this project is a collaborative effort. The Downtown Riverfront Trust secures donations from the community to contribute to the development, while MECA is responsible for covering project expenses and managing the activation, operation, and maintenance of the development. As a result of this partnership, a significant portion of the funds raised by the Downtown Riverfront Trust for this project are categorized as grants expenses and contributions payable to MECA. In essence, the Downtown Riverfront Trust is committed to revitalizing the Missouri River waterfront, leveraging partnerships and community contributions to create a beneficial space for the public.
Impact
This information is meant to be a general summary of Downtown Riverfront Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Downtown Riverfront Trust's impact can be seen in the transformation of the Missouri River waterfront in the metropolitan area, particularly in Omaha. By collaborating with governmental agencies and private sector entities, the organization has played a crucial role in the planning, design, and construction of the new Tri-Park complex, encompassing Lewis and Clark Landing, Heartland of America Park, and Gene Leahy Mall.
Through its efforts, Downtown Riverfront Trust has not only secured private donations from the community to fund this development but has also facilitated the activation, operation, and maintenance of the complex by the Metropolitan Entertainment & Convention Authority (MECA). This partnership has led to significant enhancements in the public spaces along the riverfront, benefiting the general public and improving the overall quality of life in the city. The organization's dedication to community improvement is evident in its collaborative approach and successful revitalization initiatives.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2016
Phone
(402) 391-3190
Principal Officer
Rachel Jacobson
Main Address
10050 REGENCY CIRCLE 101, OMAHA, NE, 68114
NTEE Category
Code: S12 - Community improvement
If you are a representative of Downtown Riverfront Trust 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.