Overview
What is The Ladies Village Improvement Society Of East Hampton?
The Ladies Village Improvement Society of East Hampton is a nonprofit organization located at 95 Main Street, East Hampton, New York 11937. Established with a mission to promote the welfare and education of the local community, their primary focus lies in maintaining and preserving historical landmarks, ponds, parks, greens, and trees in East Hampton and its surrounding areas. Their dedication extends beyond physical landscapes, as they also strive to improve the overall educational environment of the vicinity. With a team of 19 individuals, they work tirelessly to enhance the charm and charm of their beloved village.
Official website here: www.lvis.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56%, One-Star out of Four Star rating.
The Ladies Village Improvement Society of East Hampton has received a low overall score of 56%, primarily due to its Accountability & Finance assessment. While the organization boasts a fully independent board and strong policies for financial oversight and conflict of interest, it falls short in key financial metrics, notably the program expense ratio and liabilities to assets ratio.
Strengths include 100% independent board members and comprehensive governance policies that ensure accountability. However, the program expense ratio of 43.44% indicates that a significant portion of its funding may not be directed toward its programs, which raises concerns about the effectiveness and impact of its initiatives.
Additionally, the absence of the nonprofit's tax form on its website is a noted limitation, which may hinder transparency. Overall, while the organization demonstrates solid governance practices, its financial management and program funding allocation require improvement to enhance its rating and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is The Ladies Village Improvement Society Of East Hampton legitimate?
The Ladies Village Improvement Society Of East Hampton is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ladies Village Improvement Society Of East Hampton 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: $119,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $289,014
For more financial information, click here
Official website here: www.lvis.org
What is the mission statement of The Ladies Village Improvement Society Of East Hampton?
The Ladies Village Improvement Society's mission is centered around maintaining and preserving historical landmarks, ponds, parks, greens, and trees within its vicinity. Additionally, the organization aims to enhance the educational prospects and promote the general well-being of the community. Its activities primarily focus on improving the village's infrastructure, including the upkeep of ponds, parks, and trees, further contributing to the overall betterment of the community.
Official website here: www.lvis.org
Who is the CEO of The Ladies Village Improvement Society Of East Hampton?
Russell Kratoville is the Executive Director of The Ladies Village Improvement Society Of East Hampton.
Official website here: www.lvis.org
What is the revenue of The Ladies Village Improvement Society Of East Hampton?
The Ladies Village Improvement Society Of East Hampton's revenue in 2022 was $1,578,317.
Official website here: www.lvis.org
Who are the executives of The Ladies Village Improvement Society Of East Hampton and what are their salaries?
The average compensation at The Ladies Village Improvement Society Of East Hampton during 2022 was $21,515. There are 19 employees and 350 volunteers at The Ladies Village Improvement Society Of East Hampton.
Here are 12 key members and their salaries:
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Official website here: www.lvis.org
Where can I find the form 990 for The Ladies Village Improvement Society Of East Hampton?
The Ladies Village Improvement Society Of East Hampton's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lvis.org
Learn more at the official website: www.lvis.org
Mission Statement of The Ladies Village Improvement Society Of East Hampton
The Ladies Village Improvement Society of East Hampton is a dedicated organization with a mission to enhance the overall well-being of its community. Its primary objectives include the preservation and maintenance of historical landmarks, ponds, parks, greens, and trees within the vicinity of East Hampton. Beyond this, the society also aims to improve the educational sector of the area, contributing to its overall development. The organization's efforts are geared towards fostering a vibrant and enriching environment for the community, ensuring the preservation of its heritage and promoting educational advancement.
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Impact
July, 2024
The Ladies Village Improvement Society Of East Hampton has had a significant impact on the community by actively maintaining and preserving historical landmarks, ponds, parks, greens, and trees in the village of East Hampton and its vicinity. Their efforts contribute to the overall beautification and conservation of the area, enhancing the quality of life for residents and visitors alike. Additionally, the organization's focus on educational improvement and the general welfare of the village fosters a sense of community pride and engagement. Through their dedicated work, they have played a crucial role in sustaining the natural and cultural heritage of East Hampton, making it a more vibrant and sustainable place to live.
This information is meant to be a general summary of The Ladies Village Improvement Society Of East Hampton. 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: $72,643
- Gross Receipts: $2,746,620
Assets and Liabilities:
- Total Assets: $7,815,670
- Total Liabilities: $72,050
- Net Assets: $7,743,620
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Organization Details
Founding Year
1895
Phone
(631) 324-1220Principal Officer
Russell Kratoville
Main Address
95 MAIN STREET, EAST HAMPTON, NY, 11937
Website
www.lvis.orgNTEE Category
Code: S81Z - Community improvement
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