Program areas at The 712 Initiative
Rentals- The 712 revitalizes areas through investments in The built enviroment by buying distressed properties, renovating, and operating mixed use rental properties. These provide much needed housing while also activating public spaces by having people live and work in these areas.
Quality of life- enhancing community life and well-being by increasing social connectedness of residents in council bluffs, ia through endeavors that activate public spaces, create new forms of entertainment, and support current attractions/events. The 712 fosters partnerships with The public and private sectors to provide quality options for recreation and healthy lifestyles. In 2023,the 712 hosted five events and participated/hosted three other activities to bring The community together.
Neighborhood networking- strengthening neighborhoods city-wide with programming which provides general support while increasing public engagement in redevelopment projects, public space improvements, and community events. As part of these efforts, The 712 has a block party trailer that has equipment and games that neighborhoods can borrow to help strengthen neighborhood relationships. The 712 also has equipment to put on movie nights. To further improve neighborhoods, The 712 hosted a rock The block event and provided assistance to individuals to help make improvements to their homes through The amp program. The 712 also rehabilitated and sold four homes during 2023.
Development- The 712 improves economic vitality in redevelopment areas through investments to improve The variety of quality housing and commercial stock in council bluffs. These investments attract new professionals and residents to The community. 712s efforts to attract new property investments are accomplished through introduction of new developers to The community and through 712 buying and rehabilitating properties.
Who funds The 712 Initiative
Grants from foundations and other nonprofits
Personnel at The 712 Initiative
Name | Title | Compensation | Date of data |
---|
Sheryl Garst | Chief Executive Officer | $107,523 | 2022-12-31 |
Jennifer Fletcher | Treasurer | $0 | 2023-06-22 |
Wyatt Greenwood | Past Board Treasurer | $0 | 2022-12-31 |
Amy McDermott | Board Secretary | $0 | 2022-12-31 |
Kristen Blum | Board Chair / Board Vice Chair / Secretary | $0 | 2021-08-18 |
...and 10 more key personnel |
Financials for The 712 Initiative
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $3,222,751 | $3,547,316 | -9.1% |
Program services | $843,000 | $611,575 | 37.8% |
Investment income and dividends | $3,442 | $314 | 996.2% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $-161,037 | $-159,690 | -0.8% |
Miscellaneous revenues | $22,333 | $4,651 | 380.2% |
Total revenues | $3,930,489 | $4,004,166 | -1.8% |
Organizations like The 712 Initiative
Organization | Type | Location | Revenue |
---|
Downtown Cleveland Alliance | 501(c)(3) | Cleveland, OH | $10,662,475 |
Downtown Frederick Partnership | 501(c)(3) | Frederick, MD | $2,133,762 |
Downtown | 501(c)(3) | York, PA | $1,198,524 |
Downtown Santa Monica | 501(c)(3) | Santa Monica, CA | $9,672,351 |
White Plains Downtown District Management Association | 501(c)(3) | White Plains, NY | $1,141,099 |
Trenton Downtown Association | 501(c)(3) | Trenton, NJ | $1,043,979 |
Downtown Brattleboro Alliance | 501(c)(3) | Brattleboro, VT | $1,315,076 |
Arts District Los Angeles | 501(c)(3) | Los Angeles, CA | $2,087,968 |
Myrtle Beach Downtown Alliance | 501(c)(3) | Myrtle Beach, SC | $1,732,775 |
West Seattle Junction Association | 501(c)(3) | Seattle, WA | $983,595 |
Data update history
October 25, 2023
Received grants
Identified 7 new grant, including a grant for $578,004 from Iowa West Foundation August 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 26, 2023
Updated personnel
Identified 2 new personnel
July 23, 2023
Used new vendors
Identified 4 new vendors, including , , , and
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsMuseumsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
- Address
- 1228 S Main St
- Council Bluffs, IA 51503
- Metro area
- Omaha-Council Bluffs, NE-IA
- County
- Pottawattamie County, IA
- Website URL
- the712initiative.org/Â
- Phone
- (712) 396-2494
IRS details
- EIN
- 42-1459560
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1997
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 7121: Museums, Historical Sites, and Similar Institutions
- Parent/child status
- Independent
Free account sign-up
Want updates when The 712 Initiative has new information, or want to find more organizations like The 712 Initiative?
Create free Cause IQ account