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Frank Newhall Look Memorial Park Inc

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

EIN: 043580572 ✦ Florence, MA ✦ Designated as a 501(c)(3)

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Overview

What is Frank Newhall Look Memorial Park Inc?

Frank Newhall Look Memorial Park Inc, based in Florence, Massachusetts, is a renowned nonprofit organization. Situated at 300 North Main Street, this organization is dedicated to the operation of a public park, offering various attractions such as a zoo, miniature train, pedal boats, bumper boats, tennis courts, and picnic areas. Its primary purpose is to provide high-quality recreational, leisure, and educational experiences for families, fostering a sense of community and appreciation for the natural environment. With a workforce of 90 individuals, Frank Newhall Look Memorial Park Inc strives to encourage gathering, celebration, and engagement in activities that promote health and well-being.


Official website here: www.lookpark.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Frank Newhall Look Memorial Park Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial integrity. The organization scored 100% in categories such as independent board members and financial oversight, indicating robust governance practices that are essential for nonprofit operations. The high program expense ratio of 78.39% suggests that a significant portion of funds is directed towards its core mission.

The nonprofit's governance is particularly noteworthy, with all board members being independent, which helps ensure unbiased decision-making. Furthermore, the presence of a comprehensive audit and oversight committee enhances the organization's financial transparency and accountability. The implementation of various policies, including conflict of interest and whistleblower protections, demonstrates a proactive approach to ethical management.

While the organization shows strong financial health with a liabilities to assets ratio of 30.19%, maintaining this stability will be crucial for future sustainability. Overall, Frank Newhall Look Memorial Park Inc appears to be a well-managed nonprofit with a clear focus on its mission and a dedication to responsible financial stewardship.


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

Is Frank Newhall Look Memorial Park Inc legitimate?

Frank Newhall Look Memorial Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frank Newhall Look Memorial Park 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: $75,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $755,281

For more financial information, click here


Official website here: www.lookpark.org

What is the mission statement of Frank Newhall Look Memorial Park Inc?

Frank Newhall Look Memorial Park Inc's mission is to offer top-notch recreational, leisure, and educational experiences. This is done to encourage families, both residents and visitors, to come together, celebrate, and engage in activities that foster health, well-being, a strong sense of community, and an appreciation for the natural environment. The park provides various attractions, such as a zoo, miniature train, pedal boats, bumper boats, tennis courts, and picnic areas, contributing to the overall experience.


Official website here: www.lookpark.org

Who is the CEO of Frank Newhall Look Memorial Park Inc?

Michael Wall is the Executive Dir. of Frank Newhall Look Memorial Park Inc.


Official website here: www.lookpark.org

What is the revenue of Frank Newhall Look Memorial Park Inc?

Frank Newhall Look Memorial Park Inc's revenue in 2022 was $1,804,416.


Official website here: www.lookpark.org

Who are the executives of Frank Newhall Look Memorial Park Inc and what are their salaries?

The average compensation at Frank Newhall Look Memorial Park Inc during 2022 was $9,231. There are 90 employees and 11 volunteers at Frank Newhall Look Memorial Park Inc.


Here are 10 key members and their salaries:


Justin Pelis (Executive Dir.)
  • Compensation: $89,650
  • Related: $0
  • Other: $0
Jilian Larkin (Former Ed)
  • Compensation: $62,329
  • Related: $0
  • Other: $0
Sharianne Walker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Keiter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hogan Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Gina-Louse Sciarra (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ostberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Reeves (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Villani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lookpark.org

Where can I find the form 990 for Frank Newhall Look Memorial Park Inc?

Frank Newhall Look Memorial Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lookpark.org

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

Mission Statement of Frank Newhall Look Memorial Park Inc

Frank Newhall Look Memorial Park Inc, a nonprofit organization, is dedicated to providing high-quality recreational, leisure, and educational experiences. Their mission is to facilitate gatherings, celebrations, and activities that foster health, well-being, a sense of community, and an appreciation for the natural environment. The park offers a variety of attractions, including a zoo, miniature train, pedal boats, bumper boats, tennis courts, and picnic areas, catering to families, residents, and visitors alike. The primary goal of Frank Newhall Look Memorial Park Inc is to create an environment where individuals can engage in enjoyable activities, promoting a sense of unity and connection with nature.

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Impact




July, 2024

Frank Newhall Look Memorial Park Inc's impact is centered around providing quality recreational, leisure, and educational experiences for families, residents, and visitors in FLORENCE, MA. By operating a public park with various attractions such as a zoo, miniature train, pedal boats, bumper boats, tennis courts, and picnic areas, the organization aims to facilitate gatherings, celebrations, and engagement in activities that promote health, well-being, community spirit, and an appreciation for the natural environment. Their mission is aligned with fostering a sense of connection and enjoyment among individuals while encouraging a healthy lifestyle and respect for nature.




This information is meant to be a general summary of Frank Newhall Look Memorial Park 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.

Revenue
$1,804,416 (2022)
Expenses
$1,784,336 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $154,120
  • Program Service Revenue: $883,363
  • Gross Receipts: $3,647,055

Assets and Liabilities:

  • Total Assets: $9,608,082
  • Total Liabilities: $2,901,512
  • Net Assets: $6,706,570

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Park Admissions

Revenue

$445,905

Rentals

Revenue

$266,880

Special Programs

Revenue

$62,119

Units

Revenue

$108,459

Organization Details

Founding Year

1928

Principal Officer

Michael Wall

Main Address

300 North Main Street, Florence, MA, 01062

NTEE Category

Code: N32 - Recreation

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