Overview
What is West End Opportunity Partnership?
The West End Opportunity Partnership is a nonprofit organization located in Louisville, Kentucky. Their primary mission is to manage the funds generated by the Tax Incremental Financing district in West Louisville. This financing is initially sourced from the Commonwealth of Kentucky and Louisville Metro Government. The organization aims to create opportunities for financial empowerment and generational wealth within the communities of West Louisville. They focus on various aspects, including homeownership, home improvements, business financing, and support. The initiatives are determined through community input and the board's decision-making process.
Official website here: www.westendpartners.org
What are the reviews and ratings of this charity?
The West End Opportunity Partnership is not currently rated by Charity Navigator. This lack of rating arises from insufficient consecutive e-filed Forms 990, preventing a full evaluation under the Accountability & Finance beacon. It's important to understand that this absence of a rating doesn't reflect positively or negatively on the organization but rather indicates an inability to evaluate based on available data.
While financial data such as revenue, expenses, and key salaries is public, the Partnership can't be evaluated under additional methodologies like Impact & Measurement or Culture & Community. This stems from a lack of submitted data on constituent feedback or equity practices. Similarly, areas like Leadership & Adaptability remain unevaluated due to incomplete leadership and strategic capacity data.
Currently, as an independent organization reliant on public or governmental support, the West End Opportunity Partnership must submit additional e-filed IRS documentation to obtain a formal Charity Navigator rating. As no user reviews are available on GreatNonprofits, there isn't direct community feedback to inform potential donors or volunteers.
This AI summary has been generated from information found on Charity Navigator.
Is West End Opportunity Partnership legitimate?
West End Opportunity Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. West End Opportunity Partnership 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.westendpartners.org
What is the mission statement of West End Opportunity Partnership?
The West End Opportunity Partnership is dedicated to creating opportunities for financial empowerment and generational wealth in various communities. Utilizing funds collected through Tax Incremental Financing, this organization supports initiatives aimed at homeownership, home improvements, and business financing and assistance. Their mission is to enhance the economic conditions of the targeted areas through community input and board determination. The Commonwealth of Kentucky and Louisville Metro Government serve as the initial funding sources for the partnership's programs.
Official website here: www.westendpartners.org
Who is the CEO of West End Opportunity Partnership?
Laura Douglas is the Interim President Ceo of West End Opportunity Partnership. The CEO's salary of West End Opportunity Partnership is $75,000 and their total compensation is $75,000.
Official website here: www.westendpartners.org
What is the revenue of West End Opportunity Partnership?
West End Opportunity Partnership's revenue in 2022 was $25,641,095.
Official website here: www.westendpartners.org
Who are the executives of West End Opportunity Partnership and what are their salaries?
Here are 18 key members and their salaries (West End Opportunity Partnership's CEO's salary is $75,000 and their total compensation is $75,000):
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Official website here: www.westendpartners.org
Where can I find the form 990 for West End Opportunity Partnership?
West End Opportunity Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.westendpartners.org
Learn more at the official website: www.westendpartners.org
Mission Statement of West End Opportunity Partnership
West End Opportunity Partnership, a dynamic organization, is dedicated to creating opportunities for financial empowerment and generational wealth in the communities of West Louisville. Leveraging funds collected through the Tax Incremental Financing district, this partnership strives to make a difference in various aspects of the community, focusing on homeownership, home improvements, business financing, and support, among other areas.
The mission of West End Opportunity Partnership is threefold. Firstly, they aim to provide opportunities for homeownership and home improvements, enabling residents to enhance their living conditions and build equity. Secondly, the partnership offers business financing and support, fostering entrepreneurship and economic growth in the community. Lastly, they consider other areas for improvement as determined by the board through community input.
The initial funding for West End Opportunity Partnership comes from grants provided by the Commonwealth of Kentucky and Louisville Metro Government. With these resources, the partnership is able to implement programs and initiatives aimed at uplifting the community and improving the lives of its residents. The partnership's ultimate goal is to contribute to a thriving, self-sufficient West Louisville, where residents have access to the tools and resources they need to prosper.
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Impact
October, 2024
The West End Opportunity Partnership significantly impacts West Louisville by managing proceeds from the Tax Incremental Financing district to foster financial empowerment and generational wealth within the community. Through grant funds from the Commonwealth of Kentucky and Louisville Metro Government, it initiates programs that promote homeownership, support home improvements, and provide business financing and assistance. By prioritizing areas determined through community input, the Partnership addresses specific needs, ultimately driving community improvement and enhancing the quality of life for residents in West Louisville.
This information is meant to be a general summary of West End Opportunity Partnership. 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: $1,095
- Gross Receipts: $25,641,095
Assets and Liabilities:
- Total Assets: $30,077,345
- Total Liabilities: $4,519,940
- Net Assets: $25,557,405
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Organization Details
Founding Year
2021
Phone
(502) 303-5251Principal Officer
Laura Douglas
Main Address
PO Box 2963, Louisville, KY, 40201
Website
www.westendpartners.orgNTEE Category
Code: S20 - Community improvement
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