Overview
What is Artspace?
Artspace is a nonprofit organization situated in Salt Lake City, Utah, with a focus on community revitalization and providing affordable housing units for individuals with low and moderate incomes. They achieve this by renovating and improving existing buildings, as well as developing new affordable housing projects. Artspace serves as a developer of both residential and work spaces, primarily catering to artists, cultural organizations, non-profits, and others. Their mission is to foster stable, lively, and secure communities by offering affordable living and working spaces. They utilize New Markets Tax Credits in low-income areas to further their cause. With a team of four dedicated employees, Artspace makes a significant impact in promoting vibrant communities.
Official website here: www.artspaceutah.org
Is Artspace legitimate?
Artspace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artspace 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: $301,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,134
For more financial information, click here
Official website here: www.artspaceutah.org
What is the mission statement of Artspace?
Artspace, as a nonprofit organization, is dedicated to revitalizing communities by providing affordable living and working spaces for artists, cultural organizations, non-profits, and others. Their mission involves utilizing New Markets Tax Credits in low-income communities to create a stable, vibrant, and safe environment. Through their efforts, they renovate existing buildings and construct new projects to offer affordable rental units for low and moderate-income tenants. Artspace's community redevelopment projects aim to promote sustainable growth and foster a thriving atmosphere.
Official website here: www.artspaceutah.org
Who is the CEO of Artspace?
What is the revenue of Artspace?
Who are the executives of Artspace and what are their salaries?
The average compensation at Artspace during 2022 was $228,625. There are 4 employees and 12 volunteers at Artspace.
Here are 14 key members and their salaries:
- Jessica Norie (President)
- Cindy Frank (Deputy Director)
- Jennifer Speers (Chair) [Trustee/Director]
- John Milliken (Secretary/Treasurer) [Trustee/Director]
- Elizabeth Evensen (Board Member) [Trustee/Director]
- Robert Lake (Board Member) [Trustee/Director]
- Wendy Lionelli (Board Member) [Trustee/Director]
- Jim Glenn (Board Member) [Trustee/Director]
- Philip Jeffs (Board Member) [Trustee/Director]
- Alison Ptak (Board Member) [Trustee/Director]
- Kathie Miller (Board Member) [Trustee/Director]
- Kisty Morris (Board Member) [Trustee/Director]
- Ira Rubinfeld (Board Member) [Trustee/Director]
- Paula Sandlian (Board Member) [Trustee/Director]
Official website here: www.artspaceutah.org
Where can I find the form 990 for Artspace?
The Artspace’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.artspaceutah.org
Learn more at the official website: www.artspaceutah.org
Mission Statement of Artspace
Artspace, a nonprofit organization, is dedicated to revitalizing communities and promoting stable, vibrant, and safe environments by providing affordable living and work spaces. This mission is accomplished by creating housing opportunities for artists, cultural organizations, non-profits, and other entities. Artspace utilizes New Markets Tax Credits in low-income communities to facilitate this process, ensuring that the development of such spaces is financially sustainable.
In practical terms, Artspace undertakes housing projects to rejuvenate communities. They renovate and improve existing buildings to provide affordable rental units for low and moderate-income tenants. Additionally, Artspace initiates community redevelopment projects and creates new affordable housing projects, thus contributing to the revitalization of neighborhoods. By providing a supportive environment for artists and cultural organizations, Artspace plays a crucial role in fostering creativity and cultural growth within these communities.
Impact
This information is meant to be a general summary of Artspace. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
Artspace has a significant impact on communities by revitalizing neighborhoods, providing affordable housing options for low and moderate-income tenants, and fostering a stable and vibrant environment. By developing affordable living and work spaces for artists, cultural organizations, non-profits, and others, Artspace helps to promote community stability and safety. Through projects like building renovations, community redevelopment initiatives, and the creation of new affordable housing units, Artspace contributes to the overall well-being and sustainability of the neighborhoods it serves. Their use of New Markets Tax Credits in low-income communities further demonstrates their commitment to addressing housing affordability and community development.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$4,256,702
DEBT FORGIVENESS
Revenue
$2,140,500
OTHER
Revenue
$128,851
INTEREST INCOME
Revenue
$68,912
Organization Details
Founding Year
1980
Phone
(801) 355-0538
Principal Officer
Jessica Norie
Main Address
230 SOUTH 500 WEST SUITE 235, SALT LAKE CITY, UT, 84101
Website
www.artspaceutah.org
NTEE Category
Code: L20 - Housing
If you are a representative of Artspace 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.