Overview
What is Ar-Tx Redi?
Ar-Tx Redi is a nonprofit organization situated in Texarkana, Texas. With a modest team of two dedicated individuals, their primary mission is to stimulate economic growth and attract new businesses to the Texarkana Area Metropolitan Statistical Area. They accomplish this by serving as a central hub for information, collaborating with various stakeholders such as site locators, facility managers, developers, and real estate agents. By doing so, Ar-Tx Redi aims to facilitate a seamless response to proposals from potential investors, ultimately contributing to the region's business and industrial development.
Official website here: www.ar-txredi.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
Ar-Tx Redi has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance with a board composed entirely of independent members, achieving full points in that area. However, the absence of several critical policies and missing financial statements significantly impact their overall score.
While Ar-Tx Redi excels in its program expense ratio, allocating approximately 83% of its resources directly to its programs, the lack of essential documentation such as a conflict of interest policy and a whistleblower policy raises concerns about transparency and governance practices. Additionally, the nonprofit's failure to post its tax form on its website adds to the limitations in financial disclosure.
Despite these shortcomings, the organization shows no material diversion of assets, highlighting its integrity. Potential donors and supporters should weigh these factors when considering their contributions or engagement with Ar-Tx Redi.
This AI summary has been generated from information found on Charity Navigator.
Is Ar-Tx Redi legitimate?
Ar-Tx Redi is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ar-Tx Redi 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: $413,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,750
For more financial information, click here
Official website here: www.ar-txredi.com
What is the mission statement of Ar-Tx Redi?
Ar-Tx Redi's mission is centered on fostering business growth and industry development. In pursuit of this objective, the organization collaborates with various stakeholders such as site locators, facility managers, developers, and real estate agents. By serving as a central information source, Ar-Tx Redi responds to proposals from potential investors, aiming to attract new businesses to the metropolitan statistical area it serves. The ultimate goal is to stimulate economic growth and development within the area.
Official website here: www.ar-txredi.com
Who is the CEO of Ar-Tx Redi?
Sonja Yates Hubbard is the President of Ar-Tx Redi. The CEO's salary of Ar-Tx Redi is $413,833 and their total compensation is $435,753.
Official website here: www.ar-txredi.com
What is the revenue of Ar-Tx Redi?
Ar-Tx Redi's revenue in 2022 was $865,765.
Official website here: www.ar-txredi.com
Who are the executives of Ar-Tx Redi and what are their salaries?
The average compensation at Ar-Tx Redi during 2022 was $212,792. There are 2 employees at Ar-Tx Redi.
Here are 15 key members and their salaries (Ar-Tx Redi's CEO's salary is $413,833 and their total compensation is $435,753):
- Compensation: $413,833
- Related: $0
- Other: $21,920
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Official website here: www.ar-txredi.com
Where can I find the form 990 for Ar-Tx Redi?
Ar-Tx Redi's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ar-txredi.com
Learn more at the official website: www.ar-txredi.com
Mission Statement of Ar-Tx Redi
Ar-Tx Redi, as a nonprofit organization, is committed to a mission that involves attracting new businesses and industries to the Texarkana Area Metropolitan Statistical Area. To achieve this goal, the organization collaborates closely with various key players in the industry, including site locators, facility managers, developers, and real estate agents. By serving as the central point of contact for prospective investors, Ar-Tx Redi aims to provide comprehensive and timely information, thereby facilitating the establishment of new businesses in the area. This mission is crucial in fostering economic growth and development in the Texarkana region.
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Impact
July, 2024
Ar-Tx Redi's impact is focused on bringing new business and industry to the Texarkana Area Metropolitan Statistical Area. By collaborating with site locators, facility managers, developers, and real estate agents, Ar-Tx Redi serves as the central information source for responding to proposals from prospective business and industry investors. This initiative aims to stimulate economic growth, create job opportunities, and enhance the overall community improvement within the Texarkana area.
This information is meant to be a general summary of Ar-Tx Redi. 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: $515
- Gross Receipts: $865,765
Assets and Liabilities:
- Total Assets: $1,017,820
- Total Liabilities: $12
- Net Assets: $1,017,808
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Organization Details
Founding Year
2018
Phone
(903) 223-3999Principal Officer
Sonja Yates Hubbard
Main Address
6002 Summerfield Dr Ste A, Texarkana, TX, 75503
Website
www.ar-txredi.comNTEE Category
Code: S30 - Community improvement
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