Waterville Historical Society

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

EIN: 016010923 ✦ Waterville, ME ✦ Designated as a 501(c)(3)

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Overview

What is Waterville Historical Society?

The Waterville Historical Society is a nonprofit organization devoted to enriching the community's understanding of local history. They achieve this by offering a range of educational programs and managing the Redington Museum. The museum serves as a platform to protect and exhibit historical artifacts, providing a valuable window into the past. By engaging with these initiatives, the society promotes a deeper appreciation and preservation of Waterville's rich history.


Official website here: www.watervillehistoricalsociety.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

The Waterville Historical Society has achieved a Three-Star rating with a score of 76%, indicating a good level of accountability and financial health. This rating is primarily based on the Accountability & Finance category, where the organization scored high in several metrics, including having an entirely independent board and no material diversion of assets. The low liabilities to assets ratio of 0.07% and a program expense ratio of 77.31% suggest that the majority of their resources are directed toward fulfilling their mission.

Despite these strengths, the organization has several missing policies, including a conflict of interest policy and a whistleblower policy, which may raise concerns about governance practices. These missing elements contributed negatively to their overall accountability score. While the society demonstrates strong financial management, addressing these policy gaps could enhance their operational transparency and stakeholder trust.

Overall, the Waterville Historical Society exhibits solid financial practices but could improve in governance by implementing necessary policies. Their focus on preserving local history and culture remains commendable, and with some adjustments, they may strengthen their role in the community even further.


This AI summary has been generated from information found on Charity Navigator.

Is Waterville Historical Society legitimate?

Waterville Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterville Historical Society submitted a form 990EZ, 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.


Official website here: www.watervillehistoricalsociety.org

What is the mission statement of Waterville Historical Society?

The Waterville Historical Society's mission is focused on enlightening the community about local history. They achieve this goal through a variety of initiatives. One of their main activities involves delivering historical education in the area. Additionally, they manage the Redington Museum, a venue used to preserve and exhibit historical artifacts, thereby fostering an appreciation for the past. In essence, the society serves as a significant resource for promoting historical awareness and preservation within its community.


Official website here: www.watervillehistoricalsociety.org

Who is the CEO of Waterville Historical Society?

Jay Violette is the President of Waterville Historical Society.


Official website here: www.watervillehistoricalsociety.org

What is the revenue of Waterville Historical Society?

Waterville Historical Society's revenue in 2023 was $10,942.


Official website here: www.watervillehistoricalsociety.org

Who are the executives of Waterville Historical Society and what are their salaries?


Here are 8 key members and their salaries:


Jay Violette (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Koons (1St Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Miller-Soros (2Nd V.P. & T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Weymouth (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Beverage (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith L Brody (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Burdick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.watervillehistoricalsociety.org

Where can I find the form 990EZ for Waterville Historical Society?

Waterville Historical Society's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.watervillehistoricalsociety.org

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

Mission Statement of Waterville Historical Society

The Waterville Historical Society, as a nonprofit organization, is committed to enlightening the community about local history. They achieve this by implementing various educational programs and managing the Redington Museum. The Redington Museum serves as a platform for preserving and displaying historical artifacts, providing an immersive experience for visitors to connect with the past. Through these efforts, the Waterville Historical Society works tirelessly to foster a deeper understanding and appreciation for the community's rich historical heritage. By offering historical education in the area and curating the Redington Museum, the society ensures that the stories and artifacts of the past are not lost to time, but rather, are shared and celebrated by generations to come.

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Impact




August, 2024

The Waterville Historical Society's impact lies in educating the community about local history through programs such as historical education initiatives and the management of the Redington Museum. Through these efforts, the society helps preserve and showcase artifacts, contributing to a deeper understanding and appreciation of Waterville's rich historical heritage.




This information is meant to be a general summary of Waterville 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.

Revenue
$10,942 (2023)
Expenses
$41,358 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,827
  • Gross Receipts: $127,495

Assets and Liabilities:

  • Total Assets: $366,346
  • Total Liabilities: $0
  • Net Assets: $366,346

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Organization Details

Principal Officer

Jay Violette

Main Address

62 SILVER STREET UNIT B, WATERVILLE, ME, 04901

NTEE Category

Code: A80 - Arts

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