Overview
What is Southside Redevelopment Corporation?
Southside Redevelopment Corporation is a not-for-profit organization based in Omaha, Nebraska, specifically at 2411 O Street in the ZIP code 68107. Their mission focuses on generating holistic and effective revitalization in South Omaha neighborhoods through strategic partnerships and community-driven initiatives. They prioritize choice by dismantling systemic barriers to reinforce equitable access to opportunity for all. Canopy South is their doing business as name, and they employ a total workforce of three individuals.
Official website here: www.canopysouth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37%, Zero-Star out of Four Star rating
The Southside Redevelopment Corporation has received a low rating of 37% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. While the organization scores well in aspects such as board independence and the absence of asset diversion, its overall financial health is concerning, with critical ratios indicating poor program expenses and fundraising efficiency.
Strengths of the organization include a fully independent board and strong audit and oversight practices, which demonstrate a commitment to governance. However, the lack of essential policies such as conflict of interest and whistleblower protections raises red flags about its operational transparency. Additionally, the organization's liabilities-to-assets ratio and program expense ratio are notably low, which suggests inefficiencies in resource allocation towards its mission.
Overall, while the Southside Redevelopment Corporation shows some governance strengths, its financial metrics indicate a pressing need for improvement in how it allocates funds towards its programs and its overall sustainability as a nonprofit. Stakeholders may want to consider these factors when evaluating the organization’s effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Southside Redevelopment Corporation legitimate?
Southside Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southside Redevelopment Corporation 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: $150,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,459
For more financial information, click here
Official website here: www.canopysouth.org
What is the mission statement of Southside Redevelopment Corporation?
The Southside Redevelopment Corporation is a not-for-profit organization dedicated to promoting holistic and effective revitalization in neighborhoods through strategic partnerships and community-driven initiatives. Their primary goal is to prioritize choice by dismantling systemic barriers and reinforcing equitable access to opportunity for all. In essence, they aim to revitalize communities in a comprehensive manner, fostering a sense of empowerment and equality. Through their initiatives, they form collaborations and work towards eliminating the systemic obstacles that hinder equal access to opportunities. The organization's mission is to create lasting change in the community by addressing its unique needs and involving the community in the decision-making process.
Official website here: www.canopysouth.org
Who is the CEO of Southside Redevelopment Corporation?
Cesar Garcia Pe is the Executive Di of Southside Redevelopment Corporation.
Official website here: www.canopysouth.org
What is the revenue of Southside Redevelopment Corporation?
Southside Redevelopment Corporation's revenue in 2022 was $12,635,345.
Official website here: www.canopysouth.org
Who are the executives of Southside Redevelopment Corporation and what are their salaries?
The average compensation at Southside Redevelopment Corporation during 2022 was $96,208. There are 3 employees at Southside Redevelopment Corporation.
Here are 9 key members and their salaries:
- Compensation: $128,125
- Related: $0
- Other: $22,041
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.canopysouth.org
Where can I find the form 990 for Southside Redevelopment Corporation?
Southside Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.canopysouth.org
Learn more at the official website: www.canopysouth.org
Mission Statement of Southside Redevelopment Corporation
Southside Redevelopment Corporation, a not-for-profit organization, is dedicated to generating holistic and effective revitalization in South Omaha neighborhoods. Through strategic partnerships and community-driven initiatives, they prioritize choice and work to dismantle systemic barriers, reinforcing equitable access to opportunity for all.
The Southside Redevelopment Corporation's mission is multifaceted. It involves fostering thriving neighborhoods in South Omaha through collaborative efforts and community-led projects. The corporation's ultimate goal is to create an environment where everyone, regardless of their background, has a fair chance at prosperity.
The team at Southside Redevelopment Corporation is committed to making a lasting impact on the community. By prioritizing choice, they aim to ensure that residents are given the resources and support needed to make informed decisions about their lives. They understand that systemic barriers can limit opportunities, and they are determined to address these issues head-on. Through their community-driven initiatives, they create opportunities for individuals to grow, learn, and thrive.
In summary, Southside Redevelopment Corporation is a trailblazing organization that is dedicated to bringing about positive change in South Omaha neighborhoods. By fostering strategic partnerships and community-led initiatives, they are working to remove systemic barriers and create equitable access to opportunities for all. Their mission is to generate holistic and effective revitalization, empowering individuals and communities to reach their full potential.
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Impact
October, 2024
Southside Redevelopment Corporation has a significant impact on the revitalization of South Omaha neighborhoods, focusing on creating holistic and effective community improvements. By fostering strategic partnerships and engaging residents in community-driven initiatives, the corporation actively addresses and dismantles systemic barriers that hinder equitable access to opportunities. This commitment to prioritizing choice empowers community members, ensuring that revitalization efforts are inclusive and reflective of local needs. Through its targeted actions, Southside Redevelopment Corporation reinforces a more equitable environment, promoting sustainable growth and uplift for all residents in the area.
This information is meant to be a general summary of Southside Redevelopment Corporation. 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: -$90,739
- Gross Receipts: $12,833,233
Assets and Liabilities:
- Total Assets: $14,089,413
- Total Liabilities: $122,092
- Net Assets: $13,967,321
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Organization Details
Founding Year
2019
Principal Officer
Cesar Garcia Pe
Main Address
2411 O STREET, OMAHA, NE, 68107
Website
www.canopysouth.orgNTEE Category
Code: S31 - Community improvement
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