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Spark

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

EIN: 813057920 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

Overview

What is Spark?

Spark is a 501(c) nonprofit organization situated in Omaha, Nebraska, with a mission to foster economic development in the local community. They recognize the potential of philanthropic organizations, civic institutions, and other equity partners in driving change, while also acknowledging the unique insights of community residents and stakeholders. Spark serves as a bridge between these parties, leveraging its expertise, relationships, and funding to enhance neighborhoods through holistic development. This method considers social, political, economic, and physical assets essential for communities to thrive and prosper. Spark supports existing organizations, strengthens community assets, provides financing, and helps educate developers to reduce risk, thereby attracting investment to underdeveloped areas. The organization was established to champion community development by leading partnerships that create, implement, and evaluate holistic revitalization projects.


Official website here: www.sparkcdi.org

Is Spark legitimate?

Spark is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spark 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: $163,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,347

For more financial information, click here


Official website here: www.sparkcdi.org

What is the mission statement of Spark?

Spark, a 501(c) nonprofit organization, was established with a mission to champion community development. It achieves this goal by forming and leading partnerships that create, implement, and evaluate holistic revitalization projects. The organization brings a collaborative and community-based approach to economic development, recognizing that philanthropic organizations, civic institutions, and other equity partners have the resources to bring about change, while community residents and stakeholders best understand the community's needs. Spark serves as a bridge between these parties, leveraging its expertise, relationships, and funding to transform neighborhoods through a process of holistic development. The holistic development approach considers all foundational assets necessary for communities to thrive and prosper, including social, political, economic, and physical factors. Spark supports and supplements the work of existing organizations, builds upon community assets, provides funding, and helps educate developers to minimize risk and invest in these communities.


Official website here: www.sparkcdi.org

Who is the CEO of Spark?

Buey Tut is the President of Spark.


Official website here: www.sparkcdi.org

What is the revenue of Spark?

Spark's revenue in 2022 was $853,160.


Official website here: www.sparkcdi.org

Who are the executives of Spark and what are their salaries?

The average compensation at Spark during 2022 was $39,987. There are 11 employees and 8 volunteers at Spark.

Here are 8 key members and their salaries:

    Jamie Grayson-Berglund (Executive Director)
  • Compensation: $144,826
  • Related: $0
  • Other: $27,795

    • Carmen Tapio (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Kathol (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cammy Watkins (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oj Spooner (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annette Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Pridal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Athena Ramos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sparkcdi.org

    Where can I find the form 990 for Spark?

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


    Official website here: www.sparkcdi.org

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

    Mission Statement of Spark

    Spark, a 501(c) nonprofit organization, was established with a mission to champion community development. The organization sets itself apart by forming and leading partnerships that create, implement, and evaluate holistic revitalization projects. Spark recognizes the potential of philanthropic organizations, civic institutions, and other equity partners to impact change. However, it acknowledges that community residents, business owners, and other stakeholders have a deep understanding of their community's needs. By serving as a bridge between these various parties, Spark leverages its expertise, relationships, and funding to transform neighborhoods through a process of holistic development.

    Holistic development, as championed by Spark, applies rigorous real estate development methods while considering all the foundational assets necessary for communities to thrive and prosper. These assets include social, political, economic, and physical factors. By supporting and supplementing the work of existing organizations, building upon existing community assets, providing funding, leveraging resources to close financing gaps, and helping to educate and minimize risk for developers, Spark aims to encourage investment in underserved communities. Moreover, Spark works hand in hand with the community to identify and train community leaders to effectively advocate for themselves, ensuring a lasting impact for future generations.

    Impact

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




    Saturday, July 20, 2024

    Spark's impact can be seen in the transformation of neighborhoods in the Omaha/Council Bluffs region through a holistic approach to economic development. By bridging the gap between philanthropic organizations, civic institutions, and community stakeholders, Spark leverages expertise, relationships, and funding to create positive change. Through their focus on holistic development, which addresses social, political, economic, and physical aspects of communities, Spark helps revitalize neighborhoods and empower residents to advocate for themselves. Their work not only supports existing organizations but also builds upon community assets, closes financing gaps, and educates developers on investing in underserved areas. Spark's collaborative and community-based approach is making a significant impact on community improvement and long-term prosperity.





    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: $1,788
  • Program Service Revenue: $0
  • Gross Receipts: $903,208

    • Assets and Liabilities:
  • Total Assets: $2,864,842
  • Total Liabilities: $51,037
  • Net Assets: $2,813,805
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Buey Tut

    Main Address

    1111 NORTH 13 STREET 311, OMAHA, NE, 68102

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Spark 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.