Overview
What is Lovell Historical Society?
The Lovell Historical Society is a dedicated nonprofit organization based in Lovell, Maine. Their primary purpose is to amass, safeguard, and disseminate historical records, properties, documents, artifacts, and relevant information related to the town of Lovell and its surroundings. By fostering interest and academic pursuit in Lovell's history, they aim to encourage research and study. Their mission entails preserving the town's past, ensuring its legacy endures, and spreading historical knowledge through educational programs.
Official website here: www.lovellhistoricalsociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Lovell Historical Society has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is primarily based on the organization's Accountability & Finance metrics, indicating a solid financial standing and governance practices. The Society boasts a fully independent board, with 100% of its members meeting these criteria, which enhances its accountability and sound decision-making processes.
Strengths of the Lovell Historical Society include a high program expense ratio of 87.76%, demonstrating that a significant portion of its resources is directed toward its core mission. Additionally, the organization has no reported material diversion of assets and maintains a strong liabilities to assets ratio of 0.00%, suggesting effective financial management. However, there are noted limitations, including the absence of a conflict of interest policy and a whistleblower policy, which could potentially impact its governance transparency.
Overall, while the Lovell Historical Society shows strong financial health and operational transparency, the lack of certain governance policies may be an area for improvement. Such enhancements could further bolster trust and confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Lovell Historical Society legitimate?
Lovell Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lovell Historical Society 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,000
For more financial information, click here
Official website here: www.lovellhistoricalsociety.org
What is the mission statement of Lovell Historical Society?
The Lovell Historical Society is committed to gathering, safeguarding, and disseminating historical records, properties, documents, artifacts, and related information. They actively foster interest and scholarly investigation into the historical background of Lovell, Maine, and its surrounding areas. Their primary objective is to preserve the rich history of Lovell, Maine, by offering educational opportunities that increase public understanding and appreciation of its past.
Official website here: www.lovellhistoricalsociety.org
Who is the CEO of Lovell Historical Society?
Catherine Stone is the President of Lovell Historical Society.
Official website here: www.lovellhistoricalsociety.org
What is the revenue of Lovell Historical Society?
Lovell Historical Society's revenue in 2022 was $43,723.
Official website here: www.lovellhistoricalsociety.org
Who are the executives of Lovell Historical Society and what are their salaries?
The average compensation at Lovell Historical Society during 2022 was $1,250. There are 4 employees and 30 volunteers at Lovell Historical Society.
Here are 8 key members and their salaries:
- Compensation: $16,404
- Related: $0
- Other: $3,848
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $870
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lovellhistoricalsociety.org
Where can I find the form 990 for Lovell Historical Society?
Lovell Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lovellhistoricalsociety.org
Learn more at the official website: www.lovellhistoricalsociety.org
Mission Statement of Lovell Historical Society
The Lovell Historical Society, a nonprofit organization, is dedicated to preserving the historical records, property, documents, artifacts, and related information of Lovell, Maine, and its surrounding areas. Their mission is twofold: firstly, they strive to foster interest and encourage the study of Lovell's history, and secondly, they aim to disseminate historical knowledge by offering educational opportunities about the town's past. By collecting, preserving, exchanging, perpetuating, and publishing historical materials, the Lovell Historical Society plays a significant role in preserving the town's rich history and ensuring it is not lost to time. Their activities serve to promote a deeper understanding and appreciation of Lovell's past, encouraging both locals and visitors to engage with its history.
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Impact
August, 2024
The Lovell Historical Society plays a significant role in preserving and promoting the history of the town of Lovell, Maine, and its surrounding areas. Through their efforts to collect, preserve, and disseminate historical records, property, documents, artifacts, and related information, the society ensures that the rich heritage of Lovell is not lost to time. By encouraging interest in and study of the town's history, they provide valuable educational opportunities for the community. Overall, the Lovell Historical Society's impact is crucial in preserving the cultural heritage and fostering a deeper appreciation for the history of Lovell, Maine.
This information is meant to be a general summary of Lovell Historical Society. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: -$44,746
- Program Service Revenue: $4,234
- Gross Receipts: $52,699
Assets and Liabilities:
- Total Assets: $598,214
- Total Liabilities: $0
- Net Assets: $598,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF BOOKS, MAPS AND CD
Revenue
$4,234
Organization Details
Founding Year
1974
Phone
(207) 925-3234Principal Officer
Catherine Stone
Main Address
PO BOX 166, LOVELL, ME, 04051
NTEE Category
Code: A800 - Arts
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