Overview
What is Stamford Veterans Park Partnershipinc?
Stamford Veterans Park Partnershipinc is a nonprofit organization based in Stamford, Connecticut, specifically located at 22 First Street. Their primary mission involves raising funds and collaborating with individuals and organizations to preserve and publicly display military veterans' memorials, educate the public about military veteran history, support a safe and attractive hub for public gatherings, and perform enhancements in Veterans Memorial Park. The organization aims to revitalize a once neglected park, turning it into a lasting memorial honoring the military men and women of the United States, providing a secure environment for public gatherings. With a dedicated team of one employee, Stamford Veterans Park Partnershipinc is committed to honoring and celebrating the contributions of our nation's veterans.
Official website here: www.vetsparkstamford.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates some concerns regarding the organization's overall financial health and effectiveness in utilizing its resources for programs. While the overall score reflects moderate accountability, there are areas for improvement, particularly in program expenses as highlighted by the low program expense ratio.
The Stamford Veterans Park Partnershipinc demonstrates strong governance practices, including an entirely independent board and solid policies regarding conflict of interest and whistleblower protections. These factors contribute positively to its accountability metrics, showcasing a commitment to transparency and ethical practices. Furthermore, the organization maintains good oversight by documenting board meeting minutes and reporting a minimal liabilities to assets ratio.
However, the program expense ratio of 51.53% raises concerns, suggesting that a significant portion of the funds may not be directed towards direct program services. This can be a limiting factor in assessing the overall effectiveness and impact of the organization. Stakeholders may want to consider this aspect when evaluating their support for the Stamford Veterans Park Partnershipinc.
This AI summary has been generated from information found on Charity Navigator.
Is Stamford Veterans Park Partnershipinc legitimate?
Stamford Veterans Park Partnershipinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stamford Veterans Park Partnershipinc 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: $82,817
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vetsparkstamford.org
What is the mission statement of Stamford Veterans Park Partnershipinc?
The Stamford Veterans Park Partnershipinc, as an organization, aims to raise funds and collaborate with individuals and organizations to preserve and publicly display veterans' memorials, educate the public about military veteran history, support a safe and attractive hub for public gatherings, and enhance Veterans Memorial Park. Their mission is to revitalize a public park that had become an eyesore and posed a dangerous environment, transforming it into a lasting memorial honoring the military men and women of the United States, and a place where the public can gather in a secure environment.
Official website here: www.vetsparkstamford.org
Who is the CEO of Stamford Veterans Park Partnershipinc?
Richard Redniss is the President of Stamford Veterans Park Partnershipinc.
Official website here: www.vetsparkstamford.org
What is the revenue of Stamford Veterans Park Partnershipinc?
Stamford Veterans Park Partnershipinc's revenue in 2022 was $50,309.
Official website here: www.vetsparkstamford.org
Who are the executives of Stamford Veterans Park Partnershipinc and what are their salaries?
The average compensation at Stamford Veterans Park Partnershipinc during 2022 was $82,817. There is 1 employee at Stamford Veterans Park Partnershipinc.
Here are 11 key members and their salaries:
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- Compensation: $82,500
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Official website here: www.vetsparkstamford.org
Where can I find the form 990 for Stamford Veterans Park Partnershipinc?
Stamford Veterans Park Partnershipinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vetsparkstamford.org
Learn more at the official website: www.vetsparkstamford.org
Mission Statement of Stamford Veterans Park Partnershipinc
Stamford Veterans Park Partnershipinc, a dedicated organization, plays a significant role in preserving and publicly displaying veterans' memorials. Their mission is multifaceted, aiming to educate the public about military veteran history, create a safe and attractive hub for public gatherings, and carry out enhancements in Veterans Memorial Park. By collaborating with individuals and organizations, this nonprofit contributes to maintaining a lasting tribute to the brave men and women of the United States military, offering a space where the community can gather in a secure environment.
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Impact
August, 2024
Stamford Veterans Park Partnershipinc's impact can be seen in its efforts to revitalize a public park in downtown Stamford, CT, that had previously become neglected and unsafe. By raising funds and working with individuals and organizations, the organization is dedicated to preserving and publicly displaying veteran memorials, educating the public on military veteran history, and creating a safe and attractive space for public gatherings. Through its work, Stamford Veterans Park Partnershipinc is contributing to the enhancement of Veterans Memorial Park, creating a lasting memorial to the men and women of the United States military and providing a welcoming environment for the community to come together.
This information is meant to be a general summary of Stamford Veterans Park Partnershipinc. 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.
- Gross Receipts: $67,569
Assets and Liabilities:
- Total Assets: $2,128,147
- Total Liabilities: $2,326
- Net Assets: $2,125,821
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Organization Details
Founding Year
2017
Phone
(203) 803-9086Principal Officer
Richard Redniss
Main Address
22 FIRST STREET, STAMFORD, CT, 06905
Website
www.vetsparkstamford.orgNTEE Category
Code: W30 - Public benefit
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