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Austin Revitalization Authority

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

EIN: 742781623 ✦ Austin, TX ✦ Designated as a 501(c)(3)

Overview

What is Austin Revitalization Authority?

The Austin Revitalization Authority (ARA) is a nonprofit organization situated in Austin, Texas, specifically at 1154 Lydia Street 200. Their primary goal is to revitalize the commercial corridors of designated areas in Central East Austin, aiming to foster economic development and combat community deterioration. They collaborate with the City of Austin and the private sector, utilizing both public and private funds. Their recent focus involves the development and preservation of affordable housing, both rental and ownership, in these targeted areas. The mission of ARA is to promote residential, commercial, and cultural development that upholds community well-being, respecting the people, institutions, and history of East Austin and other underserved communities.


Official website here: www.austinrev.org

Is Austin Revitalization Authority legitimate?

Austin Revitalization Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Revitalization Authority 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.

Here are some key statistics you may want to consider:

Executive Compensation: $192,712
Professional Fundraising Fees: $0
Other Salaries and Wages: $265,546

For more financial information, click here


Official website here: www.austinrev.org

What is the mission statement of Austin Revitalization Authority?

The Austin Revitalization Authority's mission is centered around encouraging residential, commercial, and cultural development that enhances community well-being. This mission is mindful of preserving the people, institutions, and history of underserved communities, such as East Austin. The organization aims to revitalize the commercial corridors in targeted areas through a collaboration with the city and private sector, using both public and private funds. Economic development and combating community deterioration are key objectives in these targeted areas. Recently, the focus of the Austin Revitalization Authority has shifted towards the development and preservation of affordable housing, both for rent and homeownership.


Official website here: www.austinrev.org

Who is the CEO of Austin Revitalization Authority?

Gregory Smith is the Treasurer of Austin Revitalization Authority.


Official website here: www.austinrev.org

What is the revenue of Austin Revitalization Authority?

Austin Revitalization Authority's revenue in 2022 was $1,864,708.


Official website here: www.austinrev.org

Who are the executives of Austin Revitalization Authority and what are their salaries?

The average compensation at Austin Revitalization Authority during 2022 was $114,564. There are 4 employees and 13 volunteers at Austin Revitalization Authority.

Here are 14 key members and their salaries:

    Gregory Smith (President)
  • Compensation: $192,712
  • Related: $0
  • Other: $42,339

    • Willis Adams (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Jackson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart King (Assistant Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nelson Linder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tam Hawkins (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willis Hunt (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Standridge (Parliamentarian) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Quincy Dunlap (Assistant Parliamentarian) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vera Givens (Assistant Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cherelle Vanbrakle (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lavon Marshall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Von Quintus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Charles Urdy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.austinrev.org

    Where can I find the form 990 for Austin Revitalization Authority?

    The Austin Revitalization Authority’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.austinrev.org

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

    Mission Statement of Austin Revitalization Authority

    The Austin Revitalization Authority (ARA) is committed to fostering residential, commercial, and cultural development that enhances community well-being. This mission is guided by a deep respect for the people, institutions, and history of underserved communities, particularly East Austin. The organization's primary goal is to revitalize the commercial corridors in targeted areas, collaborating with the city of Austin and the private sector to encourage economic development and combat community deterioration.

    In addition to commercial revitalization, ARA has a strong focus on affordable housing. They are actively involved in developing and preserving both rental and homeownership opportunities, ensuring that these communities remain accessible and livable for a diverse population. By utilizing public and private funds, ARA aims to promote sustainable growth and improve the overall quality of life in these areas. In essence, the Austin Revitalization Authority is dedicated to revitalizing underserved communities, fostering economic development, and providing affordable housing solutions, all while honoring and respecting the diverse culture and history of these neighborhoods.

    Impact

    This information is meant to be a general summary of Austin Revitalization Authority. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Austin Revitalization Authority's impact is to effect a comprehensive revitalization of the commercial corridors of targeted areas in Central East Austin, Texas. By leveraging public and private funds and collaborating with the City of Austin and the private sector, ARA aims to encourage economic development, combat community deterioration, and focus on developing and preserving affordable housing in both rental and homeownership sectors. Their mission is to encourage residential, commercial, and cultural development that promotes community well-being, all while respecting the people, institutions, and history of East Austin and other underserved communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $642
  • Program Service Revenue: $579,066
  • Gross Receipts: $1,864,708

    • Assets and Liabilities:
  • Total Assets: $3,793,937
  • Total Liabilities: $1,520,265
  • Net Assets: $2,273,672
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $234,467

    PROJECT MANAGEMENT FEE

    Revenue

    $181,982

    OTHER REVENUE

    Revenue

    $84,988

    REIMBURSED EXPENSES

    Revenue

    $77,629

    Organization Details

    Founding Year

    1995

    Principal Officer

    Gregory Smith

    Main Address

    1154 LYDIA STREET 200, AUSTIN, TX, 78702

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of Austin Revitalization Authority 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.