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Wallingford Historic Preservation Trust

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

EIN: 061326697 ✦ Wallingford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Wallingford Historic Preservation Trust?

The Wallingford Historic Preservation Trust is a dedicated nonprofit organization situated in Wallingford, Connecticut. Their main focus lies in preserving the historical significance of the city, specifically through the restoration and enhancement of the renowned Royce House. This historic building will eventually be open for tours and civic displays. Furthermore, the trust also maintains the Silver Museum, ensuring its continued upgrades. Their mission involves the maintenance of historic buildings and providing educational tours, aiming to cultivate public awareness and appreciation of Wallingford's unique history and architecture.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%

The Wallingford Historic Preservation Trust has received a rating of 73%, reflecting a Two-Star out of Four Stars designation. This score indicates a fair level of performance in terms of accountability and finance. Notably, the organization demonstrates strong governance elements, with a fully independent board and no issues related to the diversion of assets.

Despite these strengths, the Trust has significant areas in need of improvement. The organization lacks several essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, it has not posted its tax form on its website, which could impact transparency and trust with stakeholders. These limitations contribute to the overall rating and indicate a need for enhanced governance practices.


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

Is Wallingford Historic Preservation Trust legitimate?

Wallingford Historic Preservation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wallingford Historic Preservation Trust 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 Wallingford Historic Preservation Trust?

The Wallingford Historic Preservation Trust's mission is centered around the maintenance of historic buildings and providing educational tours. Their primary goal is to preserve and maintain these historic structures while also using them to educate the public about the unique history and architecture of the area. Through tour services, they aim to enhance public awareness and appreciation for historical significance. Currently, they are focused on renovating and enhancing the Royce House, making it available for tours and civic displays. Additionally, they are maintaining and upgrading the Silver Museum to ensure its continued relevance and accessibility.

Who is the CEO of Wallingford Historic Preservation Trust?

Gerald E Farrell Jr is the President of Wallingford Historic Preservation Trust.

What is the revenue of Wallingford Historic Preservation Trust?

Wallingford Historic Preservation Trust's revenue in 2022 was $55,150.

Who are the executives of Wallingford Historic Preservation Trust and what are their salaries?


Here are 2 key members and their salaries:


Gerald E Farrell Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Smith (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wallingford Historic Preservation Trust?

Wallingford Historic Preservation Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wallingford Historic Preservation Trust

The Wallingford Historic Preservation Trust is committed to maintaining historic buildings and fostering public awareness of Wallingford's unique history and architecture. To achieve this, the organization offers tour services as a means of education and enhancement. Specifically, the Trust focuses on the restoration and enhancement of the Royce House, making it available for tours and civic displays. Additionally, the Trust devotes its attention to the maintenance and continuous upgrade of the Silver Museum. By preserving these historical sites and providing educational tours, the Wallingford Historic Preservation Trust aims to instill a deeper appreciation for the area's history and architectural heritage in the community.

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Impact




August, 2024

The Wallingford Historic Preservation Trust's impact is significant in preserving Wallingford's unique history and architecture through the maintenance of historic buildings. By continuing the renovation and enhancement of the "Royce House" and maintaining and upgrading the Silver Museum, the Trust ensures that these landmarks are preserved for future generations to appreciate. Additionally, the Trust provides tour services to educate the public about the historical significance of these buildings, enhancing awareness and appreciation of Wallingford's cultural heritage. This contributes to the enrichment of the community and the promotion of the arts within the city.




This information is meant to be a general summary of Wallingford Historic Preservation Trust. 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
$55,150 (2022)
Expenses
$64,747 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $55,150

Assets and Liabilities:

  • Total Assets: $2,153,050
  • Total Liabilities: $60,776
  • Net Assets: $2,092,274

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Organization Details

Founding Year

1998

Principal Officer

Gerald E Farrell Jr

Main Address

54 NORTH ELM STREET, WALLINGFORD, CT, 06492

NTEE Category

Code: A800 - Arts

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