Overview
What is Babylon Masonic Historical Society?
The Babylon Masonic Historical Society, situated in Babylon, New York, is a nonprofit organization dedicated to generating income to cover the building's occupancy costs and contribute to local charities. They achieve this by renting out spaces to other organizations on a long-term basis and offering hall rentals to external organizations. This income is then utilized to support various local charitable causes, thereby contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
The Babylon Masonic Historical Society has earned an impressive score of 87%, reflecting strong performance in accountability and finance. This rating, based entirely on a single beacon score, indicates that the organization is effectively managed and transparent with its financial practices.
The society demonstrates exceptional governance, with a fully independent board and no material diversion of assets, earning perfect scores in these areas. Additionally, they maintain a whistleblower policy and a document retention protocol, contributing to their high marks in accountability.
One notable strength is their program expense ratio, which stands at 100%, suggesting that all of their expenses are directed toward their programs. This commitment to effective resource allocation positions the Babylon Masonic Historical Society as a responsible steward of donations, although there are no noted limitations or areas for improvement in the provided data.
This AI summary has been generated from information found on Charity Navigator.
Is Babylon Masonic Historical Society legitimate?
Babylon Masonic Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Babylon Masonic Historical 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
For more financial information, click here
What is the mission statement of Babylon Masonic Historical Society?
The Babylon Masonic Historical Society's mission is centered around generating income, primarily to cover the expenses related to its facility. This income is then utilized to support various local charitable causes. The organization achieves this by renting out its space to other organizations on a long-term basis and also by providing hall rental services to external organizations.
Who is the CEO of Babylon Masonic Historical Society?
Richard Rubio is the President of Babylon Masonic Historical Society.
What is the revenue of Babylon Masonic Historical Society?
Babylon Masonic Historical Society's revenue in 2022 was $54,021.
Who are the executives of Babylon Masonic Historical Society and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Babylon Masonic Historical Society?
Babylon Masonic Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Babylon Masonic Historical Society
The Babylon Masonic Historical Society, as a nonprofit entity, has a mission to generate income. This income serves a dual purpose: firstly, it is utilized to cover the occupancy costs associated with the organization's building. Secondly, a portion of the income is dedicated to supporting local charities. By generating long-term rental revenue from other organizations and leasing its facility to outside organizations for events, the Babylon Masonic Historical Society contributes to its financial sustainability while simultaneously providing a platform for other organizations. Furthermore, the society's mission extends beyond financial support, as it commits a portion of its earnings to uplifting local charities, thereby contributing to the betterment of the community at large.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Babylon Masonic Historical Society's impact lies in its dedication to generating income to pay for occupancy costs associated with its building while also supporting local charities in Babylon, NY. Through its programs, such as generating long-term rental revenue from other organizations and offering hall rentals to outside organizations, the society actively contributes to the financial sustainability of its operations. Additionally, by supporting local charities, the Babylon Masonic Historical Society plays a vital role in giving back to the community and making a positive difference in the lives of those in need.
This information is meant to be a general summary of Babylon Masonic Historical 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.
- Program Service Revenue: $25,450
- Gross Receipts: $75,097
Assets and Liabilities:
- Total Assets: $17,358
- Total Liabilities: $0
- Net Assets: $17,358
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENATAL AND LEASING SERVICES
Revenue
$25,450
Organization Details
Founding Year
1995
Phone
(631) 834-6379Principal Officer
Richard Rubio
Main Address
250 W MAIN ST, BABYLON, NY, 117023415
NTEE Category
Code: A80 - Arts
If you are a representative of Babylon Masonic Historical Society and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.