Overview
What is Urban Peak Denver?
Urban Peak Denver is a nonprofit organization based in Denver, Colorado, dedicated to providing supportive housing and essential services to youth experiencing homelessness. They manage three housing properties with 68 units, offering a stable and safe environment for young people dealing with serious mental health conditions and substance abuse addictions. In addition to these properties, Urban Peak oversees and provides case management for youth in 28 community housing sites through Denver's Road Home and the Family Unification Program. In total, they manage 96 units, ensuring that each resident has access to education and employment programs, mental health and health services, transportation, life skills classes, and basic needs assistance. With a team of 121 employees, their mission is to ignite the potential in youth, helping them overcome real-life challenges and become self-sufficient adults. In the fiscal year 2022, Urban Peak served 152 unduplicated youth and 24 dependent children, enabling 92% of them to exit to a safe and stable place.
Official website here: www.urbanpeak.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
Urban Peak Denver has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization scored a perfect 100% in several critical areas, including the independence of its board members and the transparency of its financial practices. With a high program expense ratio of 78.47%, Urban Peak demonstrates a strong commitment to directing funds towards its mission, which is vital for the effectiveness of nonprofit organizations.
The organization is recognized for having a robust governance structure, with a fully independent board and comprehensive policies in place, such as conflict of interest and whistleblower policies. These factors contribute to the organization's credibility and trustworthiness in managing resources. Additionally, with no material diversions of assets and a solid audit and oversight committee, Urban Peak maintains high standards of financial integrity.
While the ratings indicate strong fiscal responsibility, it's important to note that the liabilities to assets ratio stands at 35.86%. This suggests that while the organization is managing its finances well, there may be room for improvement in balancing its liabilities. Overall, Urban Peak Denver is positioned as a trustworthy nonprofit that effectively utilizes its resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Urban Peak Denver legitimate?
Urban Peak Denver is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Peak Denver 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: $807,946
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,683,130
For more financial information, click here
Official website here: www.urbanpeak.org
What is the mission statement of Urban Peak Denver?
Urban Peak Denver empowers homeless youth to break free from their circumstances and build self-sufficient lives. Through essential services and a supportive community, this organization helps young people facing homelessness and those at risk of becoming homeless overcome real-life challenges. Urban Peak manages housing complexes providing supportive housing for youth, offering case management, individual treatment, and access to education and employment programs, mental health and health services, transportation, life skills classes, and basic needs assistance. In FY22, over 150 unique youth and 24 dependent children were housed, case managed, and received comprehensive support services, with 92% exiting to safe and stable places.
Official website here: www.urbanpeak.org
Who is the CEO of Urban Peak Denver?
Christina Carlson is the Ceo of Urban Peak Denver. The CEO's salary of Urban Peak Denver is $200,090 and their total compensation is $209,314.
Official website here: www.urbanpeak.org
What is the revenue of Urban Peak Denver?
Urban Peak Denver's revenue in 2022 was $13,197,874.
Official website here: www.urbanpeak.org
Who are the executives of Urban Peak Denver and what are their salaries?
The average compensation at Urban Peak Denver during 2022 was $37,116. There are 121 employees and 876 volunteers at Urban Peak Denver.
Here are 36 key members and their salaries (Urban Peak Denver's CEO's salary is $200,090 and their total compensation is $209,314):
- Compensation: $200,090
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- Other: $9,224
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- Other: $9,224
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- Other: $9,218
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- Other: $9,224
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Official website here: www.urbanpeak.org
Where can I find the form 990 for Urban Peak Denver?
Urban Peak Denver's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.urbanpeak.org
Learn more at the official website: www.urbanpeak.org
Mission Statement of Urban Peak Denver
Urban Peak Denver, a nonprofit organization, is dedicated to igniting the potential in youth and helping them exit homelessness. Through essential services and a supportive community, Urban Peak empowers young people experiencing homelessness and those at risk of becoming homeless to become self-sufficient adults.
Urban Peak manages housing properties with sixty-eight units of supportive housing for Denver's youth in need. In addition, the organization provides case management for young residents in twenty-eight community housing sites. Altogether, Urban Peak houses and supports ninety-six homeless youth in Denver. The organization goes above and beyond by catering to youth with serious mental health conditions and substance abuse addictions, offering individual treatment, support groups, and case management.
Each youth in Urban Peak's housing program has a dedicated case manager and access to education and employment programs, mental health and health services, transportation, life skills classes, and basic needs assistance. In the fiscal year 2022, Urban Peak successfully housed, case managed, and provided comprehensive support services to 152 unique youth and 24 dependent children. An impressive 92% of these young individuals were able to leave Urban Peak's housing and transition to safe and stable environments. Urban Peak Denver's unwavering commitment to the well-being of Denver's homeless youth and their determination to help them build fulfilling lives is truly noteworthy.
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Impact
October, 2024
Urban Peak Denver significantly transforms the lives of youth experiencing homelessness by providing essential housing and comprehensive support services. By managing 96 units of supportive housing, including specialized resources for those with serious mental health conditions and substance abuse issues, Urban Peak creates a stable and safe environment from which young people can rebuild their lives.
The organization’s multifaceted approach includes individual case management paired with education and employment programs, mental health services, transportation assistance, and life skills training. This integrated support system empowers youth to navigate their challenges effectively and fosters a pathway toward self-sufficiency and fulfillment. In the fiscal year 2022, Urban Peak successfully housed 152 youth and 24 dependent children, with an impressive 92% transitioning to safe and stable living situations. Through these efforts, Urban Peak Denver plays a crucial role in igniting the potential of young individuals, helping them break free from the cycle of homelessness and achieve lasting stability.
This information is meant to be a general summary of Urban Peak Denver. 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: -$240,008
- Program Service Revenue: $87,849
- Gross Receipts: $13,779,091
Assets and Liabilities:
- Total Assets: $13,426,015
- Total Liabilities: $2,227,816
- Net Assets: $11,198,199
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$51,633
THRIFT STORE INCOME
Revenue
$36,216
Organization Details
Founding Year
1988
Phone
(303) 974-2900Principal Officer
Christina Carlson
Main Address
2100 STOUT STREET, DENVER, CO, 80205
Website
www.urbanpeak.orgNTEE Category
Code: L410 - Housing
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