Overview
What is Goshen Historic Track Inc?
Goshen Historic Track Inc, situated in Goshen, New York, is a nonprofit organization with a focus on preserving a significant piece of American history. The organization's mission is to maintain and restore the historic horse racing track, which holds the distinction of being a national landmark. By doing so, they aim to transform the track into a multi-purpose cultural and community center, hosting events such as conventions, concerts, and meetings. With a team of five dedicated employees, Goshen Historic Track Inc works tirelessly to keep this cherished landmark alive, ensuring its continued significance in the local community and beyond.
Official website here: www.goshenhistoricrtack.com
What are the reviews and ratings of this charity?
Charity Navigator gives Goshen Historic Track Inc a Three-Star out of Four Star rating with an overall score of 84%. This score reflects strong accountability and financial practices, with a perfect score for the majority of independent board members and financial statement reviews. The organization demonstrates a commendable program expense ratio of 89.67%, indicating that a significant portion of its resources is directed towards its programs.
However, there are some limitations to note. The organization lacks several important policies, including a conflict of interest policy and a whistleblower policy, both of which are critical for ensuring transparency and governance. Additionally, the absence of a document retention policy and the failure to post their tax form on their website may raise concerns about their overall operational practices and transparency.
Despite these areas needing improvement, the positive aspects of Goshen Historic Track Inc's financial management and board governance showcase a commitment to responsible stewardship of resources, making it a relatively reliable nonprofit within its operational scope.
This AI summary has been generated from information found on Charity Navigator.
Is Goshen Historic Track Inc legitimate?
Goshen Historic Track Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goshen Historic Track 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
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Other Salaries and Wages: $201,817
For more financial information, click here
Official website here: www.goshenhistoricrtack.com
What is the mission statement of Goshen Historic Track Inc?
Goshen Historic Track Inc's mission is centered around preserving a notable historical horse racing track as a multi-purpose cultural and community center. This national landmark serves as a venue for various events such as conventions, concerts, and community gatherings. The organization's primary goal is to maintain both the historic track and grandstand, ensuring their continued use and appreciation. By doing so, it contributes to the preservation of this significant piece of history while also providing a valuable resource for the local community.
Official website here: www.goshenhistoricrtack.com
Who is the CEO of Goshen Historic Track Inc?
Steven H Jones is the Board Member of Goshen Historic Track Inc.
Official website here: www.goshenhistoricrtack.com
What is the revenue of Goshen Historic Track Inc?
Goshen Historic Track Inc's revenue in 2022 was $742,790.
Official website here: www.goshenhistoricrtack.com
Who are the executives of Goshen Historic Track Inc and what are their salaries?
The average compensation at Goshen Historic Track Inc during 2022 was $40,363. There are 5 employees and 16 volunteers at Goshen Historic Track Inc.
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Official website here: www.goshenhistoricrtack.com
Where can I find the form 990 for Goshen Historic Track Inc?
Goshen Historic Track Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goshenhistoricrtack.com
Learn more at the official website: www.goshenhistoricrtack.com
Mission Statement of Goshen Historic Track Inc
Goshen Historic Track Inc, a renowned organization, is dedicated to preserving the iconic Goshen Horse Racing Track, a national landmark, and transforming it into a cultural, convention, concert, and community center. Their mission is twofold: firstly, they aim to restore and maintain the historic track and grandstand, preserving its historical significance and architectural charm. Secondly, they strive to breathe new life into the facility, making it a vibrant hub for various events and activities, catering to the community's diverse needs. By doing so, Goshen Historic Track Inc is not only protecting a piece of national heritage but also fostering a sense of community and cultural engagement.
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Impact
October, 2024
Goshen Historic Track Inc plays a vital role in preserving the historic horse racing track, recognized as a national landmark, while serving as a cultural and community center. By focusing on the repair and maintenance of the historic track and grandstand, the organization ensures that this significant site remains intact for future generations. The track not only celebrates the rich history of horse racing but also transforms into a venue for various events, including conventions and concerts, fostering community engagement and cultural enrichment. This commitment to preservation enhances the local cultural landscape, making Goshen a vibrant place for residents and visitors alike.
This information is meant to be a general summary of Goshen Historic Track 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 2022.
- Investment Income: $8
- Program Service Revenue: $64,568
- Gross Receipts: $759,843
Assets and Liabilities:
- Total Assets: $2,559,940
- Total Liabilities: $37,751
- Net Assets: $2,522,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACING REVENUES
Revenue
$64,568
Organization Details
Founding Year
1979
Phone
(845) 294-5333Principal Officer
Steven H Jones
Main Address
44 PARK PLACE, GOSHEN, NY, 10924
Website
www.goshenhistoricrtack.comNTEE Category
Code: A82Z - Arts
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