Overview
What is The House Of The Seven Gables Settlement Association?
The House of the Seven Gables Settlement Association is a historical site and museum located in Salem, Massachusetts, established in 1910. Founded by Caroline Emmettson with the purpose of preserving local historic buildings and Nathaniel Hawthorne's literary legacy, the site serves as a revenue source for settlement work with immigrant communities. The association, recognized as a National Historic Landmark in 2007, includes a national historic district on the National Register of Historic Places. Annually, over 87,000 visitors from around the world explore the Turner-Ingersoll Mansion and Nathaniel Hawthorne's birthplace, immersing themselves in Salem's maritime history, Hawthorne's life, and the American settlement house movement. The site features colonial revival gardens and offers views of Salem Harbor, placing the mansion in historical context. The mission of this thriving, inclusive community resource is to preserve and share the American story, engaging people of all backgrounds. Values include preserving the site's legacy, preserving its buildings and collections, valuing Hawthorne's literary legacy, serving as a community center, and emphasizing education.
Official website here: www.7gables.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating) from Charity Navigator.
The House Of The Seven Gables Settlement Association has achieved a remarkable 94% rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. This rating is based on a comprehensive evaluation of various financial metrics, all of which point to the organization’s strong governance and responsible management of resources. The organization notably received perfect scores in several areas, including having a majority of independent board members and maintaining a sound audit and oversight process.
One of the strengths highlighted in the assessment is the nonprofit’s program expense ratio, which stands at 68.64%. This indicates a significant portion of its budget is directed towards its programs and services, underscoring its mission-driven approach. Other indicators of good governance include the presence of a conflict of interest policy, whistleblower policy, and a strong record of asset management with no material diversion of assets noted.
While the organization demonstrates robust financial practices, the focus on accountability may overshadow some aspects of program impact that are not as easily quantified. Overall, The House Of The Seven Gables Settlement Association is recognized for its strong ethical standards and effective financial management, making it a trustworthy option for donors looking to support community-oriented initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is The House Of The Seven Gables Settlement Association legitimate?
The House Of The Seven Gables Settlement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. The House Of The Seven Gables Settlement Association 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: $123,618
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,205,449
For more financial information, click here
Official website here: www.7gables.org
What is the mission statement of The House Of The Seven Gables Settlement Association?
The House of the Seven Gables Settlement Association aims to serve as a welcoming and thriving historic site and community resource, engaging individuals from various backgrounds in the inclusive American story. Their mission is rooted in preserving the legacy of the site, sustaining their settlement programs for local immigrants, and upholding the values of being a national historic landmark, preserving their buildings, collections, and gardens. The association also honors the literary legacy of Nathaniel Hawthorne and strives to be a hub for the community, with education as a central component of their programming.
Official website here: www.7gables.org
Who is the CEO of The House Of The Seven Gables Settlement Association?
Elizabeth Mckeigue is the Trustee, Vic of The House Of The Seven Gables Settlement Association.
Official website here: www.7gables.org
What is the revenue of The House Of The Seven Gables Settlement Association?
The House Of The Seven Gables Settlement Association's revenue in 2022 was $2,525,501.
Official website here: www.7gables.org
Who are the executives of The House Of The Seven Gables Settlement Association and what are their salaries?
The average compensation at The House Of The Seven Gables Settlement Association during 2022 was $17,488. There are 76 employees and 25 volunteers at The House Of The Seven Gables Settlement Association.
Here are 17 key members and their salaries:
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Official website here: www.7gables.org
Where can I find the form 990 for The House Of The Seven Gables Settlement Association?
The House Of The Seven Gables Settlement Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.7gables.org
Learn more at the official website: www.7gables.org
Mission Statement of The House Of The Seven Gables Settlement Association
The House of the Seven Gables Settlement Association is committed to preserving and sharing the American story, serving as a welcoming and thriving historic site and community resource. Their mission is to engage individuals of diverse backgrounds, drawing inspiration from the founding mission of Caroline Emmerton, who aimed to preserve the legacy of the site to sustain their settlement programs for local immigrants. The organization values its designation as a National Historic Landmark, taking pride in preserving its buildings, collections, and gardens. Furthermore, The House of the Seven Gables Settlement Association honors the literary legacy of Nathaniel Hawthorne, the renowned author associated with the location. Ultimately, the association aims to be a center for and of the community, emphasizing education as a central tenet of their programming.
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Impact
July, 2024
The House Of The Seven Gables Settlement Association has a significant impact as a historic site and community resource that engages people of all backgrounds in the inclusive American story. Through its preservation of Salem's historic buildings, including the Turner-Ingersoll Mansion and Nathaniel Hawthorne's birthplace, the organization offers guided tours that showcase Salem's maritime history, the life and work of Hawthorne, and the American settlement house movement. The association's colonial revival gardens and views of Salem Harbor provide visitors with a unique historical experience.
In addition to its role as a historic site, The House Of The Seven Gables Settlement Association sustains its settlement programs for local immigrants through museum revenues. This dual focus on cultural preservation and community support reflects the organization's values, including a commitment to education and being a center of and for the community.
With nearly 100,000 visitors annually, the association plays a crucial role in preserving and sharing the American story with a wide audience. By continuing to grow its visitor numbers and engagement efforts, The House Of The Seven Gables Settlement Association aims to further enhance its impact on both local and global communities.
This information is meant to be a general summary of The House Of The Seven Gables Settlement Association. 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: $117,243
- Program Service Revenue: $1,462,390
- Gross Receipts: $3,241,578
Assets and Liabilities:
- Total Assets: $4,164,769
- Total Liabilities: $239,212
- Net Assets: $3,925,557
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS, NET
Revenue
$1,454,941
EDUCATIONAL PROG REVENUE
Revenue
$7,449
Organization Details
Founding Year
1910
Phone
(978) 744-0991Principal Officer
Elizabeth Mckeigue
Main Address
115 DERBY STREET, SALEM, MA, 01970
Website
www.7gables.orgNTEE Category
Code: P84 - Human services
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