nonprofit logo

The Lower Town Riverfront Conservancy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 862851511 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is The Lower Town Riverfront Conservancy?

The Lower Town Riverfront Conservancy is a newly established 501(C)(3) nonprofit organization, headquartered in Detroit, Michigan. Their primary focus is to enhance and preserve publicly accessible green spaces, trails, and park amenities, initially in Broadway Park West, Ann Arbor. In 2022, they officially launched and formed a board of directors, hiring their first paid employee as the conservancy's president. Their mission is to improve, operate, maintain, conserve, and preserve these public areas, ensuring they remain accessible to the community. The Lower Town Riverfront Conservancy aims to contribute positively to the local environment and community life.


Official website here: www.lowertowna2.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: Not Rated**

The Lower Town Riverfront Conservancy currently does not hold a rating from Charity Navigator due to insufficient data available for evaluation. The organization has only submitted two years of electronically-filed IRS Form 990 data, which is inadequate for a comprehensive assessment in crucial areas such as Accountability & Finance, Impact & Measurement, and Leadership & Adaptability.

While the absence of a rating does not imply a negative standing, it highlights the need for the organization to file additional fiscal years to establish a clearer picture of its operations and financial health. Currently, some financial data is accessible, including the compensation of key personnel, which shows that the president receives a considerable salary while other board members report no compensation. Insight into the revenue and expenses over the past years suggest that the organization primarily engages in fundraising activities but lacks a defined strategy on community feedback and equity practices.

User reviews from GreatNonprofits could not be fetched, leaving a gap in the overall sentiment about the organization's impact and effectiveness. This underscores the importance of ongoing transparency and data submission to allow for a future rating assessment and community engagement insights.


This AI summary has been generated from information found on Charity Navigator.

Is The Lower Town Riverfront Conservancy legitimate?

The Lower Town Riverfront Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lower Town Riverfront Conservancy 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: $13,994

For more financial information, click here


Official website here: www.lowertowna2.org

What is the mission statement of The Lower Town Riverfront Conservancy?

The Lower Town Riverfront Conservancy, a 501(C)(3) entity, is committed to establishing, enhancing, managing, maintaining, conserving, and preserving publicly accessible green spaces, trails, and park amenities initially in Broadway Park West. Their mission is to improve the overall quality and accessibility of these outdoor areas, providing a welcoming environment for the community. By organizing and launching as a non-profit in 2022, they have taken the first steps towards realizing this goal, assembling a board of directors and hiring their first paid employee as president.


Official website here: www.lowertowna2.org

Who is the CEO of The Lower Town Riverfront Conservancy?

Marie Klopf is the President of The Lower Town Riverfront Conservancy.


Official website here: www.lowertowna2.org

What is the revenue of The Lower Town Riverfront Conservancy?

The Lower Town Riverfront Conservancy's revenue in 2022 was $10,001,000.


Official website here: www.lowertowna2.org

Who are the executives of The Lower Town Riverfront Conservancy and what are their salaries?

The average compensation at The Lower Town Riverfront Conservancy during 2022 was $13,994. There is 1 employee at The Lower Town Riverfront Conservancy.


Here are 7 key members and their salaries:


Marie Klopf (President)
  • Compensation: $13,994
  • Related: $0
  • Other: $0
Stacy Fox (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Pollay (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kosteva (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Tomczyk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wallace (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lowertowna2.org

Where can I find the form 990 for The Lower Town Riverfront Conservancy?

The Lower Town Riverfront Conservancy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lowertowna2.org

Learn more at the official website: www.lowertowna2.org

Mission Statement of The Lower Town Riverfront Conservancy

The Lower Town Riverfront Conservancy, a 501(c)(3) entity, is dedicated to establishing, improving, operating, maintaining, conserving, and preserving publicly accessible green spaces, trails, and park amenities. Initially, their focus is on Broadway Park West in Ann Arbor. The organization's primary objective is to enhance the community's outdoor spaces and provide amenities that are accessible to the public. By doing so, they aim to contribute to the overall well-being and enjoyment of the community. In 2022, the Lower Town Riverfront Conservancy was formally organized and launched as a non-profit. A board of directors was established, and the first paid employee was hired as the president of the conservancy, marking significant milestones in their mission to improve the local environment.

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

The Lower Town Riverfront Conservancy's impact is focused on establishing, improving, operating, maintaining, conserving, and preserving publicly accessible green space, trails, pathways, and park amenities, initially in Broadway Park West in Ann Arbor. Their first accomplishment in 2022 was formally organizing and launching the nonprofit, establishing a board of directors, and hiring the first paid employee as the President of the Conservancy. Their mission is to enhance recreation opportunities and promote the conservation of green spaces for the community.




This information is meant to be a general summary of The Lower Town Riverfront Conservancy. 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.

Revenue
$10,001,000 (2022)
Expenses
$22,750 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $10,001,000

Assets and Liabilities:

  • Total Assets: $9,988,921
  • Total Liabilities: $10,671
  • Net Assets: $9,978,250

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2020

Principal Officer

Marie Klopf

Main Address

1117 GRISWOLD STREET STE 1416, DETROIT, MI, 48226

NTEE Category

Code: N32 - Recreation

If you are a representative of The Lower Town Riverfront Conservancy 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.