Overview
What is Phoenix Revitalization Corporation?
The Phoenix Revitalization Corporation, based in Phoenix, Arizona at 1122 East Buckeye Road, is a dedicated non-profit organization with a mission to uplift income-eligible communities and constituents. They strive to enhance social, infrastructure, and economic conditions through their programs, focusing on areas such as housing, education, and job skill development. As a community development corporation, they prioritize the revitalization of neighborhoods, with a particular emphasis on Central City South, a community situated south of the Phoenix Downtown Business District and the Arizona State Capitol Mall. Their primary aim is to facilitate community improvement projects and maintain and create both low-income and workforce housing. The organization is staffed by 10 dedicated individuals.
Official website here: www.phxrevitalization.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Phoenix Revitalization Corporation has been rated at 81%, which reflects a solid level of accountability and transparency in its operations. The organization demonstrates strong governance, evidenced by a board composed entirely of independent members and a well-structured set of policies to mitigate conflicts of interest and ensure proper management of assets.
The nonprofit excels in its financial management, with a program expense ratio of 100%, indicating that all its expenses are directed towards its mission-driven programs. Additionally, the organization maintains a favorable liabilities to assets ratio of 28.97%, showcasing its financial stability and responsible stewardship of resources.
While the overall score is commendable, there are no specific limitations noted in the data. The high marks in transparency and governance suggest that Phoenix Revitalization Corporation is committed to maintaining the trust of its stakeholders and effectively serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Phoenix Revitalization Corporation legitimate?
Phoenix Revitalization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix Revitalization 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $268,657
For more financial information, click here
Official website here: www.phxrevitalization.org
What is the mission statement of Phoenix Revitalization Corporation?
The Phoenix Revitalization Corporation (PRC) is a non-profit organization committed to revitalizing neighborhoods. Its primary objective is to facilitate community improvement projects and oversee the maintenance and creation of affordable housing, catering to both low-income and workforce residents. The corporation places a significant focus on the revitalization of a specific community, situated south of the Phoenix Downtown Business District and the Arizona State Capitol Mall. The mission of PRC is to contribute to the enhancement of these neighborhoods, aiming to improve the living conditions and quality of life for its residents.
Official website here: www.phxrevitalization.org
What is the revenue of Phoenix Revitalization Corporation?
Phoenix Revitalization Corporation's revenue in 2024 was $701,222.
Official website here: www.phxrevitalization.org
Who are the executives of Phoenix Revitalization Corporation and what are their salaries?
The average compensation at Phoenix Revitalization Corporation during 2024 was $53,731. There are 5 employees at Phoenix Revitalization Corporation.
Here are 7 key members and their salaries:
- 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.phxrevitalization.org
Where can I find the form 990 for Phoenix Revitalization Corporation?
Phoenix Revitalization Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.phxrevitalization.org
Learn more at the official website: www.phxrevitalization.org
Mission Statement of Phoenix Revitalization Corporation
Phoenix Revitalization Corporation, a non-profit community development corporation, is committed to revitalizing neighborhoods. Their primary focus is on facilitating community improvement projects and ensuring the maintenance and creation of both low-income and workforce housing. This organization places an particular emphasis on the revitalization of Central City South, a community situated immediately south of the Phoenix Downtown Business District and the Arizona State Capitol Mall. By undertaking these initiatives, Phoenix Revitalization Corporation aims to contribute positively to the overall improvement and development of the targeted communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Phoenix Revitalization Corporation has significantly impacted the Phoenix community by spearheading community improvement projects, facilitating the creation of low-income and workforce housing, and enhancing social, infrastructure, and economic conditions in income-eligible neighborhoods. Their focus on revitalizing Central City South, located near the Phoenix Downtown Business District, has brought positive change to the area by providing housing opportunities, improving education, and enhancing job skill levels for constituents. Their dedication to community revitalization has made a tangible difference in the lives of many residents in Phoenix, Arizona.
This information is meant to be a general summary of Phoenix Revitalization 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 2024.
- Program Service Revenue: $579,706
- Gross Receipts: $701,222
Assets and Liabilities:
- Total Assets: $173,756
- Total Liabilities: $50,351
- Net Assets: $123,405
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING MONITORING
Revenue
$579,706
Organization Details
Founding Year
1995
Principal Officer
Eva O Olivas
Website
www.phxrevitalization.orgNTEE Category
Code: L80Z - Housing
If you are a representative of Phoenix Revitalization Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.