Overview
What is Rising Tide Partners?
Rising Tide Partners is a nonprofit organization situated in Pittsburgh, Pennsylvania, with a focus on revitalizing distressed neighborhoods. By collaborating with local organizations and residents, the organization implements a community vision using restorative real estate practices, thereby fostering wealth creation and stability for residents impacted by systemic injustices in land use decisions. Their primary activities involve preserving and improving affordable housing, preventing resident displacement, and addressing blighted properties, all aimed at enhancing the Pittsburgh region's overall development. With a team of seven dedicated individuals, Rising Tide Partners is committed to making a positive impact in the community.
Is Rising Tide Partners legitimate?
Rising Tide Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rising Tide Partners 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,807
For more financial information, click here
What is the mission statement of Rising Tide Partners?
Rising Tide Partners is committed to revitalizing distressed neighborhoods in unspecified regions, focusing on preserving and enhancing affordable housing. Their mission involves preventing the displacement of existing residents and addressing blighted properties. The organization works closely with neighborhood organizations and residents, implementing their community vision using restorative real estate practices. This approach aims to foster wealth building and promote the stability of residents who have been impacted by systemic injustices in land use decisions.
Who is the CEO of Rising Tide Partners?
Kendall Pelling is the Executive Director of Rising Tide Partners.
What is the revenue of Rising Tide Partners?
Rising Tide Partners's revenue in 2022 was $3,396,558.
Who are the executives of Rising Tide Partners and what are their salaries?
The average compensation at Rising Tide Partners during 2022 was $56,401. There are 7 employees at Rising Tide Partners.
Here are 9 key members and their salaries:
- Compensation: $90,000
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Rising Tide Partners?
Rising Tide Partners's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rising Tide Partners
Rising Tide Partners, a nonprofit organization, is committed to revitalizing distressed neighborhoods in the Pittsburgh region. Their mission is twofold: firstly, they aim to preserve and enhance affordable housing in these areas. Secondly, they work tirelessly to prevent the displacement of existing residents, ensuring that they remain a part of the neighborhood's transformation. Rising Tide Partners also focuses on addressing blighted properties, which often contribute to the decline of communities.
In pursuit of their mission, Rising Tide Partners collaborates closely with local neighborhood organizations and residents. They employ restorative real estate practices, which lay the foundation for wealth building and stability within these communities. This approach is particularly beneficial for residents who have historically been affected by systemic injustices in land use decisions. By working together, Rising Tide Partners and the community can develop a shared vision for the future of their neighborhood, fostering a sense of ownership and investment in its revitalization.
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Impact
July, 2024
Rising Tide Partners is actively working to advance the revitalization of distressed neighborhoods in the Pittsburgh region. They are dedicated to preserving and improving affordable housing, preventing the displacement of existing residents, and addressing blighted properties in collaboration with neighborhood organizations and residents. By employing restorative real estate practices, Rising Tide Partners is laying the groundwork for wealth building and stability among residents who have been impacted by systemic injustices in land use decisions. Their work is crucial in creating positive change and promoting community growth and development in Pittsburgh.
This information is meant to be a general summary of Rising Tide Partners. 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: $7,616
- Program Service Revenue: $3,716
- Gross Receipts: $3,888,286
Assets and Liabilities:
- Total Assets: $12,232,173
- Total Liabilities: $9,494,554
- Net Assets: $2,737,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fee Income
Revenue
$3,716
Organization Details
Founding Year
2020
Principal Officer
Kendall Pelling
Main Address
727 Wood Street FL3, Pittsburgh, PA, 15221
NTEE Category
Code: L21 - Housing
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