Uptown Consortium Inc

Nonprofit profile at a glance

EIN
200688727
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Cincinnati, OH, USA
Phone
5138618726
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Urban, Community Economic Development

Official website

Reported finances

Revenue
$15,501,534
Expenses
$3,628,736
Assets
$50,297,926
Liabilities
$44,270,215

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • BETH ROBINSON (PRESIDENT & CEO)

Highest reported compensation

  • BETH ROBINSON (PRESIDENT & CEO): $336,836 total reported compensation
  • FRANZ STANSBURY (DIRECTOR, REAL ESTATE): $216,627 total reported compensation
  • RICARDO LOPEZ (DIRECTOR, ACCOUNTING & FINANCE): $137,648 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The consortium is a non-profit community development corporation dedicated to the human, social, economic and physical improvement of uptown cincinnati. Uptown is located just north of downtown and the consortium's areas of focus generally include the neighborhoods of avondale, clifton, clifton heights, corryville, fairview, mt. Auburn and university heights. The consortium will undertake a variety of investment and program activities in uptown to help provide housing, health care and job opportunities

What it reported doing in 2024

Organization and planning - the objective of uptown consortium is to promote economic development efforts and neighborhood services through integrated strategies that address physical improvements to housing, infrastructure, and commercial areas increasing community economic assets, and creation and expansion of commercial industrial, life sciences, healthcare and educational- related services.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 84
  • Accountability: 86
  • Sustainability: 75
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 17.3%; rating input score 17
  • Program expense ratio: 72.6%; rating input score 73
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 76.6%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 13.86; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.88; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 22.2%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -7% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: 1.1% per year; rating input score 100; 12th percentile among comparable filings
  • Asset growth: 5.1% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 17.3% of revenue deployed · 72.6% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $2.6M in reported program spending
  • Leadership: top reported pay $337K · 12 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $418K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 17/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.