Overview
What is South Park Area Redevelopment Committee?
The South Park Area Redevelopment Committee, known as SPARC, is a collaborative entity comprising local businesses, residents, and community organizations situated in Seattle, Washington. Their mission is to foster a thriving, equitable, and productive South Park area. To accomplish this, SPARC manages the South Park Neighborhood Center, offering shared office and meeting spaces for other nonprofit organizations to execute their philanthropic initiatives. One of SPARC's significant programs is the Duwamish Valley Youth Corps, which provides 48 at-risk teenagers with work opportunities. Through targeted lessons, computer training, and real-life experiences, the youth corps focuses on enhancing life skills, work ethics, and social interactions. This program prioritizes public service and environmental improvement, ultimately aiming to create a better community. SPARC's total workforce comprises 8 dedicated individuals.
Official website here: www.allaboutsouthpark.com/redevelopment-committee
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The South Park Area Redevelopment Committee has achieved an impressive 97% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scores particularly well in areas such as having a fully independent board and maintaining a low liabilities to assets ratio, indicating solid financial health and governance practices.
Strengths are evident in the committee's operational transparency, with clear policies on conflict of interest, whistleblower protections, and document retention. Their program expense ratio is notably high at 95.97%, suggesting that a significant majority of their financial resources are directed toward their programs rather than administrative costs.
There are no significant limitations reported in the available data, showcasing a strong organizational structure and effective management practices. Overall, the South Park Area Redevelopment Committee appears to be a well-run nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is South Park Area Redevelopment Committee legitimate?
South Park Area Redevelopment Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Park Area Redevelopment Committee 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: $153,083
For more financial information, click here
Official website here: www.allaboutsouthpark.com/redevelopment-committee
What is the mission statement of South Park Area Redevelopment Committee?
The South Park Area Redevelopment Committee (SPARC) serves as a united front of businesses, residents, and community organizations, working collectively to foster a vibrant, equitable, and productive South Park. Beyond promoting redevelopment in the area, SPARC manages the South Park Neighborhood Center, offering office and meeting spaces for various nonprofit organizations to carry out their charitable activities. These organizations utilize this space to contribute positively to their communities.
Official website here: www.allaboutsouthpark.com/redevelopment-committee
Who is the CEO of South Park Area Redevelopment Committee?
Meredith Hall is the President of South Park Area Redevelopment Committee.
Official website here: www.allaboutsouthpark.com/redevelopment-committee
What is the revenue of South Park Area Redevelopment Committee?
South Park Area Redevelopment Committee's revenue in 2022 was $457,493.
Official website here: www.allaboutsouthpark.com/redevelopment-committee
Who are the executives of South Park Area Redevelopment Committee and what are their salaries?
The average compensation at South Park Area Redevelopment Committee during 2022 was $19,135. There are 8 employees and 50 volunteers at South Park Area Redevelopment Committee.
Here are 3 key members and their salaries:
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Official website here: www.allaboutsouthpark.com/redevelopment-committee
Where can I find the form 990 for South Park Area Redevelopment Committee?
South Park Area Redevelopment Committee's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.allaboutsouthpark.com/redevelopment-committee
Learn more at the official website: www.allaboutsouthpark.com/redevelopment-committee
Mission Statement of South Park Area Redevelopment Committee
The South Park Area Redevelopment Committee (SPARC) serves as a unified force, bringing together businesses, residents, and community organizations in South Park. Their collective mission is to foster a vibrant, equitable, and productive community in South Park. To accomplish this, SPARC manages the South Park Neighborhood Center (SPNC), which offers office and meeting spaces for various nonprofits, enabling them to carry out their philanthropic endeavors.
Beyond its role in promoting revitalization in South Park, SPARC demonstrates its commitment to the community by supporting initiatives that empower its members. One such initiative is the Duwamish Valley Youth Corps, which provides employment opportunities for 48 at-risk teenagers. Through targeted lessons, computer training, and real-life experiences, these participants develop essential life, work, and social skills. The program's primary focus is on public service and improving the community's physical environment, ultimately helping these young individuals build a better future for themselves and their neighborhood.
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Impact
July, 2024
The South Park Area Redevelopment Committee, also known as SPARC, has had a significant impact on the South Park community in Seattle, Washington. SPARC is a unified body of businesses, residents, and community organizations working collectively to promote a vital, equitable, and productive South Park. One of their key initiatives is managing the South Park Neighborhood Center, which provides office and meeting space for nonprofits to engage in philanthropic activities.
One standout program facilitated by SPARC is the Duwamish Valley Youth Corps, which offers work opportunities for 48 at-risk teenagers. Participants in this program not only gain valuable work experience but also learn essential life, work, and social skills through targeted lessons, computer training, and hands-on experience. The focus of the Youth Corps is on public service and enhancing the physical environment of South Park.
Overall, SPARC's efforts contribute to the improvement and revitalization of the South Park area, making a positive impact on the community and residents.
This information is meant to be a general summary of South Park Area Redevelopment Committee. 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: $2
- Program Service Revenue: $390,545
- Gross Receipts: $457,493
Assets and Liabilities:
- Total Assets: $43,433
- Total Liabilities: $4,807
- Net Assets: $38,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$51,850
Membership Fees
Revenue
$2,650
Contract Income
Revenue
$336,045
Organization Details
Founding Year
1972
Phone
(206) 767-3650Principal Officer
Meredith Hall
Main Address
8201 10th Ave S, Seattle, WA, 98108
NTEE Category
Code: S31 - Community improvement
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