Overview
What is Ledyard Ecclesiastical Society?
The Ledyard Ecclesiastical Society is a nonprofit organization situated in Ledyard, Connecticut, with an address at 722 Colonel Ledyard Highway. Its primary role is to oversee and manage the funds and property that have been endowed to the Society, which is primarily utilized to support the First Congregational Church of Ledyard and its minister. The Society also manages additional monetary gifts and is dedicated to maintaining the endowed property, as well as improving the historic buildings associated with the church.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Ledyard Ecclesiastical Society has earned a solid Three-Star rating from Charity Navigator, reflecting an 80% score primarily based on its Accountability & Finance metrics. This rating indicates that the charity demonstrates a strong commitment to financial health and transparency, which is crucial for building donor trust and ensuring effective operations.
The organization excels in several key areas, including having a fully independent board, with all 20 members meeting this criterion. It also shows no material diversion of assets and adheres to a conflict of interest policy. Furthermore, its financials reveal an impressive program expense ratio of 100%, indicating that all funds are allocated directly to its programs, which maximizes the impact of donations.
While the overall rating is positive, it is worth noting that the score relies entirely on the Accountability & Finance beacon, suggesting that additional evaluation across other areas of performance could provide a more comprehensive picture of the charity's effectiveness. Nevertheless, the current financial practices and governance structure position the Ledyard Ecclesiastical Society favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ledyard Ecclesiastical Society legitimate?
Ledyard Ecclesiastical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ledyard Ecclesiastical Society 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
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What is the mission statement of Ledyard Ecclesiastical Society?
The Ledyard Ecclesiastical Society's mission revolves around managing funds and property endowed to the society, primarily to support the First Congregational Church of Ledyard and its minister. Additionally, the society manages monetary gifts and provides maintenance for endowed properties, with an aim to foster improvements in the historic buildings. The society's activities also extend to managing operating expenses, including endowment payments. In essence, the Ledyard Ecclesiastical Society serves to preserve and enhance the religious institution and its associated structures.
Who is the CEO of Ledyard Ecclesiastical Society?
Ellen Seeman is the 29 Church Hill Road, Ledyard, Ct 06339 of Ledyard Ecclesiastical Society.
What is the revenue of Ledyard Ecclesiastical Society?
Ledyard Ecclesiastical Society's revenue in 2022 was $25,282.
Who are the executives of Ledyard Ecclesiastical Society and what are their salaries?
There 20 volunteers at Ledyard Ecclesiastical Society.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Ledyard Ecclesiastical Society?
Ledyard Ecclesiastical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ledyard Ecclesiastical Society
The Ledyard Ecclesiastical Society, an organization dedicated to its mission, manages the funds and properties endowed to it, primarily to support the First Congregational Church of Ledyard and its minister. Beyond this, the society also manages additional monetary gifts and ensures the maintenance of endowed properties. Furthermore, the Ledyard Ecclesiastical Society is committed to fostering improvements in the historic buildings under its charge. This mission serves to preserve and uphold the legacy of the First Congregational Church of Ledyard, while also ensuring its continued growth and success. The society's operations also include covering the necessary expenses, such as endowment payments.
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Impact
October, 2024
The Ledyard Ecclesiastical Society plays a crucial role in sustaining the First Congregational Church of Ledyard and enhancing its community presence. By efficiently managing endowed funds and properties, the Society ensures the church remains a vibrant part of the community, providing essential support for its minister and church activities.
The Society is dedicated to the upkeep and improvement of historic buildings, which not only preserves local heritage but also creates a welcoming environment for worship and community gatherings. By overseeing maintenance and managing additional monetary gifts, the Society fosters a sense of continuity and stability that benefits congregants and the broader Ledyard community.
Through its focused efforts, the Ledyard Ecclesiastical Society contributes to the spiritual and social fabric of the area, promoting engagement and participation in church activities while maintaining the historical significance of its properties.
This information is meant to be a general summary of Ledyard Ecclesiastical Society. 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: $14,982
- Gross Receipts: $25,282
Assets and Liabilities:
- Total Assets: $2,484,777
- Total Liabilities: $0
- Net Assets: $2,484,777
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Organization Details
Founding Year
1800
Phone
(860) 464-9926Principal Officer
Ellen Seeman
Main Address
722 Colonel Ledyard Highway, Ledyard, CT, 06339
NTEE Category
Code: X21 - Religion related
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