Overview
What is Uss Massachusetts Memorial Committee Inc?
Uss Massachusetts Memorial Committee Inc, primarily known as Battleship Cove, is a nonprofit organization based in Fall River, Massachusetts, specifically at 5 Water Street. Acting as a war memorial and historic military museum, Battleship Cove emphasizes naval heritage and pays tribute to those who served their country in defense. Their mission is multifaceted, focusing on preserving military history through exhibits and honoring veterans. The organization's encampment program connects young individuals with veterans, fostering a bond between generations and instilling character values. Battleship Cove boasts a dedicated workforce of 20 individuals.
Official website here: www.battleshipcove.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 52%, One-Star out of Four Star rating.
The Uss Massachusetts Memorial Committee Inc has received a low overall rating of 52%, primarily due to its Accountability & Finance score. While the organization shows strengths in governance, including a fully independent board and thorough financial controls, it struggles in its financial efficiency, particularly with a high liabilities to assets ratio and a low program expense ratio.
The charity's governance practices are commendable, exhibiting transparency and adherence to best practices with policies such as conflict of interest and whistleblower protocols in place. However, the financial metrics raise concerns, particularly regarding how much of its funding is directed towards its programs versus administrative costs. This imbalance may affect its long-term sustainability and effectiveness in fulfilling its mission.
In summary, while the Uss Massachusetts Memorial Committee Inc demonstrates solid governance practices, potential donors and supporters should be aware of its financial challenges that impact its overall performance and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Uss Massachusetts Memorial Committee Inc legitimate?
Uss Massachusetts Memorial Committee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uss Massachusetts Memorial Committee Inc 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: $606,449
For more financial information, click here
Official website here: www.battleshipcove.org
What is the mission statement of Uss Massachusetts Memorial Committee Inc?
The Uss Massachusetts Memorial Committee Inc operates as a non-profit entity, focusing on preserving war memory and military history. Their mission is to honor those who have served their country in defense, with a specific emphasis on naval heritage. Battleship Cove, their war memorial and historical military museum, plays a significant role in this mission. The committee also runs an Encampment Program, which aims to foster connections between young individuals and veterans, promoting character development.
Official website here: www.battleshipcove.org
What is the revenue of Uss Massachusetts Memorial Committee Inc?
Uss Massachusetts Memorial Committee Inc's revenue in 2023 was $3,102,097.
Official website here: www.battleshipcove.org
Who are the executives of Uss Massachusetts Memorial Committee Inc and what are their salaries?
The average compensation at Uss Massachusetts Memorial Committee Inc during 2023 was $10,456. There are 58 employees and 120 volunteers at Uss Massachusetts Memorial Committee Inc.
Here are 8 key members and their salaries:
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Official website here: www.battleshipcove.org
Where can I find the form 990 for Uss Massachusetts Memorial Committee Inc?
Uss Massachusetts Memorial Committee Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.battleshipcove.org
Learn more at the official website: www.battleshipcove.org
Mission Statement of Uss Massachusetts Memorial Committee Inc
The Uss Massachusetts Memorial Committee Inc, as a non-profit organization, operates Battleship Cove, a war memorial and historic military museum. With a strong focus on naval heritage, this committee is dedicated to honoring those who served their country in defense. Their mission is multifaceted, encompassing both the preservation of historical naval artifacts and the commemoration of the bravery and sacrifices of military personnel.
The committee's activities are centered around Battleship Cove, where visitors can immerse themselves in the rich history of naval warfare. Through exhibits, educational programs, and interactive displays, Battleship Cove provides a unique opportunity for the public to learn about the past and pay tribute to those who have served. In addition to its role as a museum, the Uss Massachusetts Memorial Committee Inc also aims to foster connections between young people and veterans. Their Encampment Program is a key initiative in this regard, offering young people the chance to interact with veterans and develop an understanding of the values of character and service.
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Impact
July, 2024
The Uss Massachusetts Memorial Committee Inc's impact can be seen through their efforts in operating Battleship Cove as a war memorial and historic military museum. One of their notable programs is the Encampment Program, which aims to connect young people with veterans and instill character-building experiences. This organization's focus on naval heritage and dedication to honoring those who served in defense of their country are commendable aspects of their mission. Through their work, they are preserving history, educating the public, and fostering meaningful connections between generations.
This information is meant to be a general summary of Uss Massachusetts Memorial Committee Inc. 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 2023.
- Investment Income: $91,131
- Program Service Revenue: $1,468,811
- Gross Receipts: $3,523,872
Assets and Liabilities:
- Total Assets: $12,015,976
- Total Liabilities: $3,173,075
- Net Assets: $8,842,901
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS TICKET SALES
Revenue
$770,923
OVERNIGHT PROGRAM TUITION
Revenue
$615,811
FOOD CONCESSION INCOME
Revenue
$62,268
PIER & PARKING LOT LEASE
Revenue
$16,800
OTHER INCOME
Revenue
$3,009
Organization Details
Founding Year
1964
Principal Officer
Justin Bond
Website
www.battleshipcove.orgNTEE Category
Code: A500 - Arts
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