Overview
What is Vision Galveston?
Vision Galveston is a nonprofit organization situated in Galveston, Texas, specifically at 2121 Market St Ste 109A. Its primary mission is to enhance Galveston as an ideal location for living, working, and raising a family. This mission is accomplished by fostering entrepreneurship, technology, innovation, and business through their collaborative initiative, Incubate Galveston. This program aims to speed up an entrepreneur's growth journey by offering opportunities for connection and collaboration within the Galveston-Houston region. Vision Galveston's workforce consists of four dedicated individuals, all contributing to the organization's objective of turning Galveston into a thriving, family-friendly, and economically prosperous city.
Official website here: www.visiongalveston.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
Vision Galveston has received a Three-Star rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. The charity's overall score is derived entirely from its Accountability & Finance score, which stands at 77%. This rating reflects the organization’s commitment to responsible financial management and transparency.
One of the notable strengths of Vision Galveston includes its governance structure, boasting a fully independent board with 19 members, ensuring diverse oversight. The organization effectively documents board meeting minutes and has established robust policies for conflict of interest and whistleblowing, further enhancing its accountability. Financially, Vision Galveston maintains a low liabilities to assets ratio of 3.10%, indicating sound financial health.
However, while the charity demonstrates a strong program expense ratio of 72.36%, suggesting that a significant portion of its budget is allocated to programmatic activities, the overall rating suggests there is room for improvement. Potential donors may consider these factors when evaluating the effectiveness and reliability of their contributions towards Vision Galveston's mission.
This AI summary has been generated from information found on Charity Navigator.
Is Vision Galveston legitimate?
Vision Galveston is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vision Galveston 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: $171,745
Professional Fundraising Fees: $36,000
Other Salaries and Wages: $58,381
For more financial information, click here
Official website here: www.visiongalveston.com
What is the mission statement of Vision Galveston?
Vision Galveston's mission is centered around enhancing a location, aiming to transform it into an ideal place for various aspects of life. More specifically, their mission is to foster an environment that is ideal for raising a family, creating new opportunities, and stimulating economic growth. They strive to align this vision with the necessary resources required for implementation. Additionally, they have an initiative called Incubate Galveston, which aims to expedite an entrepreneur's journey by offering exposure to and access to opportunities for collaboration across the Galveston-Houston region.
Official website here: www.visiongalveston.com
Who is the CEO of Vision Galveston?
Christine Bryant is the President of Vision Galveston.
Official website here: www.visiongalveston.com
What is the revenue of Vision Galveston?
Vision Galveston's revenue in 2022 was $1,336,516.
Official website here: www.visiongalveston.com
Who are the executives of Vision Galveston and what are their salaries?
The average compensation at Vision Galveston during 2022 was $57,532. There are 4 employees and 19 volunteers at Vision Galveston.
Here are 21 key members and their salaries:
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- Compensation: $162,750
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- Other: $8,995
Official website here: www.visiongalveston.com
Where can I find the form 990 for Vision Galveston?
Vision Galveston's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.visiongalveston.com
Learn more at the official website: www.visiongalveston.com
Mission Statement of Vision Galveston
Vision Galveston, a prominent organization, is dedicated to transforming a community into an ideal place to live, work, raise a family, and visit. Their mission lies in assisting in the realization of this vision by connecting it with the necessary resources for implementation. Vision Galveston strives to enhance the city as a place to raise families, discover new opportunities, and contribute to economic growth. Their initiatives, such as the Incubate Galveston program, aim to accelerate the entrepreneurial journey by providing entrepreneurs with awareness of and access to opportunities for collaboration across the Galveston-Houston region.
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Impact
July, 2024
Vision Galveston's impact is evident in its efforts to transform Galveston into the best place to live, work, raise a family, and visit. Through initiatives like Incubate Galveston, which accelerates the journey of entrepreneurs by providing access to opportunities for collaboration and growth, Vision Galveston is actively contributing to the city's economic development and community improvement. Their mission to connect a vision for a thriving Galveston with the necessary resources for implementation is making a tangible difference in the city's trajectory towards prosperity and providing new opportunities for residents and businesses alike.
This information is meant to be a general summary of Vision Galveston. 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: $353
- Gross Receipts: $1,336,516
Assets and Liabilities:
- Total Assets: $1,836,804
- Total Liabilities: $56,992
- Net Assets: $1,779,812
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Organization Details
Founding Year
2019
Phone
(832) 786-1666Principal Officer
Christine Bryant
Main Address
2121 Market St Ste 109A, Galveston, TX, 77550
Website
www.visiongalveston.comNTEE Category
Code: S99 - Community improvement
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