Overview
What is Cincinnati Recycling And Reuse Hub?
The Cincinnati Recycling and Reuse Hub is a nonprofit organization situated in Cincinnati, Ohio, with a mission to change people's perspectives on waste and promote recycling and reuse. They specialize in handling hard-to-recycle items such as electronics, universal wastes, and other hazardous materials, sending them for processing to minimize environmental impact. Their efforts are geared towards increasing the region's landfill diversion rate, helping combat climate change, especially in communities of color, who are disproportionately affected by its effects. The Hub operates collection events and a warehouse, charging fees to cover processing costs. In 2022, they successfully diverted a total of 110.52 tons from the landfill. Besides recycling, they also reuse items, making them available to the public for free or donating them to other nonprofits. Their work contributes significantly to the sustainable management of waste in the Greater Cincinnati area.
Official website here: www.cincinnatirecyclingandreusehub.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Cincinnati Recycling And Reuse Hub has received an 81% rating, indicating a solid performance in accountability and finance. The organization is noted for having a completely independent board, which contributes positively to its governance. Its financial practices are transparent, as all essential documents, such as board meeting minutes and tax forms, are available on its website.
Strengths of the organization include a strong program expense ratio of 75.47%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the nonprofit has demonstrated excellent management of its assets, with a low liabilities to assets ratio of only 2.44%, indicating sound financial health. Policies guiding conflict of interest and whistleblower protections are also in place, enhancing accountability.
However, while the charity has strengths in governance and financial management, it has not reported any material diversion of assets, which may limit its engagement in broader community initiatives. Overall, the organization appears to be stable and well-managed, with a focus on its core mission of promoting recycling and reuse.
This AI summary has been generated from information found on Charity Navigator.
Is Cincinnati Recycling And Reuse Hub legitimate?
Cincinnati Recycling And Reuse Hub is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Recycling And Reuse Hub 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: $84,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,368
For more financial information, click here
Official website here: www.cincinnatirecyclingandreusehub.org
What is the mission statement of Cincinnati Recycling And Reuse Hub?
The Cincinnati Recycling and Reuse Hub aims to transform public perception about discarded items, serving as a central location for recycling and reusing almost anything. Their mission is to boost the recycling and reuse rates in their region, a move that contributes to mitigating climate change, particularly its disproportionate impact on communities of color worldwide. They handle hard-to-recycle items and find ways to recycle them, while also locating places for items to be reused. Many of these reusable items are donated to other nonprofits, and some are made available to the public for free. In 2022, they diverted a total of 110.52 tons from landfills.
Official website here: www.cincinnatirecyclingandreusehub.org
What is the revenue of Cincinnati Recycling And Reuse Hub?
Cincinnati Recycling And Reuse Hub's revenue in 2023 was $525,846.
Official website here: www.cincinnatirecyclingandreusehub.org
Who are the executives of Cincinnati Recycling And Reuse Hub and what are their salaries?
The average compensation at Cincinnati Recycling And Reuse Hub during 2023 was $21,197. There are 12 employees and 400 volunteers at Cincinnati Recycling And Reuse Hub.
Here are 14 key members and their salaries:
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Official website here: www.cincinnatirecyclingandreusehub.org
Where can I find the form 990 for Cincinnati Recycling And Reuse Hub?
Cincinnati Recycling And Reuse Hub's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cincinnatirecyclingandreusehub.org
Learn more at the official website: www.cincinnatirecyclingandreusehub.org
Mission Statement of Cincinnati Recycling And Reuse Hub
The Cincinnati Recycling and Reuse Hub, a pioneering organization, strives to transform the way people perceive waste and promote sustainability by offering a centralized drop-off point for recycling and reusing items. By accepting a wide array of items, including those considered "hard-to-recycle," the Hub seeks to minimize the amount of waste sent to landfills, thereby reducing the environmental impact and mitigating the effects of climate change, particularly on communities of color disproportionately affected by it.
In line with its mission, the Hub also aims to increase the recycling and reuse rates in the Greater Cincinnati area. It achieves this by finding ways to recycle and reuse items, with some items being sent for recycling and others being made available for free to the public for reuse. Some items are distributed to other nonprofits, contributing to a circular economy. In the year 2022 alone, the Hub successfully diverted a significant amount of 110.52 tons of waste from landfills.
In essence, the Cincinnati Recycling and Reuse Hub serves as a beacon of sustainability, educating the public about the environmental consequences of waste and offering practical solutions for waste reduction and reuse. Its mission is not just about recycling, but about fostering a culture of mindful consumption and promoting a more sustainable future for all.
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Impact
July, 2024
Cincinnati Recycling And Reuse Hub has a significant impact on the environment by diverting a considerable amount of waste from landfills. In 2022 alone, they diverted 110.52 tons of materials that would have otherwise ended up in landfills. This effort not only helps reduce the burden on landfills but also contributes to mitigating the effects of climate change, particularly benefiting marginalized communities globally.
Furthermore, the organization focuses on recycling and reusing electronics and universal waste items, which are often challenging to recycle due to hazardous components. By sending 28.15 tons of electronics and 1.74 tons of universal waste for recycling, including items like TVs, computers, lightbulbs, and batteries, they play a crucial role in keeping these hazardous materials out of homes and the environment.
Through their one-stop drop-off collection spot and educational initiatives, Cincinnati Recycling And Reuse Hub is revolutionizing how people think about waste and encouraging sustainable practices. By providing opportunities for recycling and reusing items that are typically hard-to-recycle, they are making a tangible impact on reducing environmental harm and promoting a more sustainable future.
This information is meant to be a general summary of Cincinnati Recycling And Reuse Hub. 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 2023.
- Investment Income: $3,441
- Program Service Revenue: $91,298
- Gross Receipts: $533,941
Assets and Liabilities:
- Total Assets: $375,982
- Total Liabilities: $8,319
- Net Assets: $367,663
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Item Fees
Revenue
$64,690
Sale of collected items
Revenue
$25,843
Classes and presentations
Revenue
$695
Pick-up fees
Revenue
$70
Organization Details
Founding Year
2020
Principal Officer
Max Kilb
NTEE Category
Code: C27 - Environment
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