Overview
What is Tolland Historical Society Inc?
Tolland Historical Society Inc is a nonprofit organization situated in Tolland, Connecticut. Their primary focus lies in the preservation and maintenance of three historical structures: The Benton Homestead, the Old Tolland County House, and the Old County Jail. Within these buildings, they showcase a variety of artifacts, offering visitors an insight into local history. The society's operations are seasonal, and they do not charge admission fees. Instead, they welcome donations, which are collected in a lockbox and reported as part of their overall donation accounts. Additionally, the Tolland Historical Society Inc engages in educational programs and archival work related to the town's history.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Tolland Historical Society Inc has received a rating of 53%, reflecting significant areas of concern in its accountability and financial practices. The score indicates a lack of independent board members, with 0% meeting the criteria for independence. Other governance policies, including conflict of interest, whistleblower, and document retention policies, are also missing, which raises questions about transparency and oversight.
Despite these weaknesses, the organization does demonstrate a strong commitment to its program expenses, with 76.27% of its finances allocated directly to programs. This suggests that the majority of funds are being used for their intended purpose, which is a positive aspect of their financial management. Additionally, the organization reports no material diversion of assets, further indicating that the funds are being utilized properly.
However, the absence of essential governance documents on their website, such as the annual tax form, highlights a lack of transparency that may deter potential donors. The organization must improve its governance practices to enhance its rating and build greater trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Tolland Historical Society Inc legitimate?
Tolland Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tolland Historical Society 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: $0
For more financial information, click here
What is the mission statement of Tolland Historical Society Inc?
The Tolland Historical Society Inc's mission revolves around preserving historical buildings and sharing local history. Their primary focus includes the maintenance, operation, and preservation of three significant structures: The Benton Homestead, the Old Tolland County House, and the Old County Jail. These historical buildings serve as repositories for various artifacts, which are showcased to visitors through exhibits and presentations. The society supports educational programs related to town history, and their facilities are open to the public, with no admission fees. Donations are gratefully accepted, contributing to their overall operational budget.
Who is the CEO of Tolland Historical Society Inc?
Kathleen Bach is the President Director of Tolland Historical Society Inc.
What is the revenue of Tolland Historical Society Inc?
Tolland Historical Society Inc's revenue in 2023 was $33,874.
Who are the executives of Tolland Historical Society Inc and what are their salaries?
There 30 volunteers at Tolland Historical Society Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Tolland Historical Society Inc?
Tolland Historical Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Tolland Historical Society Inc
Tolland Historical Society Inc is dedicated to preserving historical buildings and promoting local history education. Their mission encompasses three main aspects: preserving historical buildings, educating the public about local history, and archiving information related to the town's history. The organization takes care of three historical structures, namely The Benton Homestead, the Old Tolland County House, and the Old County Jail. These buildings serve as repositories for various artifacts and exhibits, which are displayed for public viewing. The Society maintains and operates these facilities, ensuring their continued preservation for future generations. The collections housed within these buildings provide a glimpse into the town's past, offering visitors an opportunity to learn about its history.
Moreover, Tolland Historical Society Inc is committed to sharing this historical knowledge through educational programs. They present and preserve the history of the town, making it accessible to the public. These programs are free, allowing anyone interested to participate without incurring any costs. Donations are accepted, contributing to the society's overall funds. The Society's dedication to preserving historical buildings, educating the public, and archiving information related to local history serves to preserve the town's heritage and foster a sense of connection to its past.
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Impact
August, 2024
The Tolland Historical Society Inc plays a crucial role in preserving historical buildings and artifacts within the community. Through the maintenance, operation, and preservation of three historical buildings - The Benton Homestead, the Old Tolland County House, and the Old County Jail - the Society ensures that these important pieces of local history are safeguarded for future generations. Additionally, the Society's educational programs offer valuable insights into the town's past, enriching the community's understanding of its heritage. By providing free tours and presentations, accessible to all, the Society promotes a sense of historical awareness and appreciation among residents and visitors alike.
This information is meant to be a general summary of Tolland Historical Society 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: $1,268
- Program Service Revenue: $550
- Gross Receipts: $39,113
Assets and Liabilities:
- Total Assets: $819,627
- Total Liabilities: $0
- Net Assets: $819,627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tolland Green Days
Revenue
$550
Organization Details
Founding Year
1966
Principal Officer
Kathleen Bach
Main Address
PO Box 107, Tolland, CT, 06084
NTEE Category
Code: A80 - Arts
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