Overview
What is Red Line Parkway Initiative?
The Red Line Parkway Initiative is a nonprofit organization based in Austin, Texas, specifically at 4016 Maplewood Avenue. Their mission is to improve Central Texas by promoting the Red Line Trail and Parkway corridor, encompassing aspects such as mobility, recreation, parks, arts, affordability, social equity, physical and mental health, public space, and economic needs. In 2022, they made significant progress in their four program areas: Plan, Build, Fund, and Activate. They partnered with Capital Metro and the City of Austin to create a trail alignment, secured funding, and evaluated consultant teams for the project. New bikeways and walkways were completed, and they ensured the Parkway's inclusion in various upcoming projects. They also secured funding for community engagement and hosted events to spread awareness. The organization is now on track to complete a portion of the Parkway with funding from Cedar Park voters.
Is Red Line Parkway Initiative legitimate?
Red Line Parkway Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Line Parkway Initiative 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: $173,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Red Line Parkway Initiative?
The Red Line Parkway Initiative aims to empower diverse communities to enhance and utilize the Red Line Trail and Parkway corridor, serving various needs such as mobility, recreation, arts, affordability, social equity, physical and mental health, public space, and economic development in Central Texas. The organization works on four program areas: Plan, Build, Fund, and Activate. In the Plan phase, they collaborate with Capital Metro and the City of Austin to create a trail alignment and secure funding. In the Build phase, they completed new bikeways and walkways, and worked on project inclusion in other developments. In the Fund phase, they secured grants for community engagement. In the Activate phase, they hosted events and engaged with the community to promote the parkway.
Who is the CEO of Red Line Parkway Initiative?
Thomas Wald is the Executive Dir. of Red Line Parkway Initiative.
What is the revenue of Red Line Parkway Initiative?
Red Line Parkway Initiative's revenue in 2022 was $316,162.
Who are the executives of Red Line Parkway Initiative and what are their salaries?
The average compensation at Red Line Parkway Initiative during 2022 was $173,613. There is 1 employee and 20 volunteers at Red Line Parkway Initiative.
Here are 11 key members and their salaries:
- Compensation: $74,167
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- Other: $6,279
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Where can I find the form 990 for Red Line Parkway Initiative?
Red Line Parkway Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Red Line Parkway Initiative
The Red Line Parkway Initiative is an organization dedicated to empowering diverse communities to enjoy, develop, and enhance the Red Line Trail and Parkway corridor. This initiative aims to serve various needs of Central Texas, including mobility, recreation, parks, arts, affordability, social equity, physical and mental health, public space, and economic needs. By working collaboratively with entities like Capital Metro and the City of Austin, the Red Line Parkway Initiative strives to create a comprehensive plan for the trail's end-to-end alignment, securing necessary funding to make this vision a reality.
Throughout 2022, the Red Line Parkway Initiative made significant strides in its mission. New bikeways and walkways were completed, connecting areas from North Loop to Cherrywood. The organization also facilitated partnerships with local chapters of AIA and ASLA to co-host charrettes for key locations, such as the McKalla Station area and the Hancock Center intersection. By engaging with key stakeholders, including Capital Metro and the City of Austin, the Red Line Parkway Initiative ensured that the Parkway was included in various upcoming projects, such as private developments and transportation plans.
In addition to these achievements, the Red Line Parkway Initiative secured funding for its community engagement activities in 2023. Through events like the Parkway to Downtown rides and walks, sponsored by Downtown Austin Alliance and Electric Avenue, the organization continued to spread awareness of its mission and vision. By actively participating in community events and organization meetings, the Red Line Parkway Initiative continued to build support for its mission, ensuring that the Red Line Trail and Parkway corridor serves the diverse needs of Central Texas communities.
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Impact
October, 2024
The Red Line Parkway Initiative significantly impacts Central Texas by enhancing mobility, recreation, and social equity along the Red Line Trail and Parkway corridor. Key advancements include the development of a comprehensive Parkway Plan in collaboration with Capital Metro and the City of Austin, securing funding for the trail's future alignment. This initiative has already led to the completion of new bikeways and walkways, particularly connecting from North Loop to Cherrywood, improving essential access across major thoroughfares.
Community engagement is a cornerstone of the initiative, with events like the Parkway to Downtown rides fostering communal involvement and awareness. Partnerships with local organizations and stakeholders further amplify the initiative's influence, ensuring that new developments and transportation projects incorporate the Parkway's vision and accessibility.
The alignment with Cedar Park's bond funding and its incorporation into the Master Mobility Plan indicates a forward trajectory that prioritizes the needs of diverse communities, promoting physical and mental health through active transportation options. The emphasis on safe and pleasant crossings, particularly along I-35, demonstrates a commitment to creating welcoming public spaces that enhance quality of life for residents.
In summary, the Red Line Parkway Initiative is transforming the corridor into a vibrant space that supports mobility, recreation, and community inclusivity, effectively addressing Central Texas's economic and social needs.
This information is meant to be a general summary of Red Line Parkway Initiative. 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: $904
- Program Service Revenue: $25,000
- Gross Receipts: $323,979
Assets and Liabilities:
- Total Assets: $191,347
- Total Liabilities: $165,034
- Net Assets: $26,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Trail Project Development
Revenue
$25,000
Organization Details
Founding Year
2017
Phone
(512) 203-7626Principal Officer
Thomas Wald
Main Address
4016 Maplewood Avenue, Austin, TX, 78722
NTEE Category
Code: N32 - Recreation
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