Overview
What is Waterloo Library And Historical Society Inc?
Waterloo Library and Historical Society Inc, situated in Waterloo, New York, serves as a comprehensive, full-service library and historical center for individuals of all ages. With a rich history as the birthplace of Memorial Day, the organization is dedicated to educating the public about its founding and the selfless service and sacrifices of America's veterans. The society encourages active participation in its learning environment, aiming to foster positive citizenship and strengthen connections with life in the Finger Lakes region. Employing a team of 14 individuals, Waterloo Library and Historical Society Inc offers a well-rounded experience that combines both literary and historical resources.
Official website here: www.wlhs-ny.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Waterloo Library and Historical Society Inc has received an 84% score, achieving a Three-Star rating, which reflects a strong commitment to accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion, and has a solid fiscal management system in place, including a favorable liabilities to assets ratio of 6.19%.
Strengths identified in their evaluation include thorough financial statements and well-documented board meeting minutes, indicating transparency in operations. The charity also has strong program expense ratios, allocating a significant portion of its budget to its core mission-related activities.
However, the organization lacks a whistleblower policy and document retention and destruction protocols, which were noted as missing in their assessment. Addressing these areas could enhance the overall governance and operational integrity of the institution. Overall, the Waterloo Library and Historical Society Inc demonstrates effective financial practices, but there are opportunities for improving organizational policies.
This AI summary has been generated from information found on Charity Navigator.
Is Waterloo Library And Historical Society Inc legitimate?
Waterloo Library And Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterloo Library And Historical Society 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: $60,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,554
For more financial information, click here
Official website here: www.wlhs-ny.com
What is the mission statement of Waterloo Library And Historical Society Inc?
The Waterloo Library and Historical Society Inc. aims to offer an all-encompassing, full-service library and historical experience for patrons of all ages. As the birthplace of Memorial Day, the society is committed to educating individuals about the founding and the selfless service and sacrifices of America's veterans. The organization encourages active participation in their learning environment, inspiring participants to become responsible citizens and foster a stronger connection with life in their communities.
Official website here: www.wlhs-ny.com
What is the revenue of Waterloo Library And Historical Society Inc?
Waterloo Library And Historical Society Inc's revenue in 2023 was $418,514.
Official website here: www.wlhs-ny.com
Who are the executives of Waterloo Library And Historical Society Inc and what are their salaries?
The average compensation at Waterloo Library And Historical Society Inc during 2023 was $14,897. There are 12 employees at Waterloo Library And Historical Society Inc.
Here are 9 key members and their salaries:
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- Compensation: $42,834
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- Other: $17,373
Official website here: www.wlhs-ny.com
Where can I find the form 990 for Waterloo Library And Historical Society Inc?
Waterloo Library And Historical Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wlhs-ny.com
Learn more at the official website: www.wlhs-ny.com
Mission Statement of Waterloo Library And Historical Society Inc
The Waterloo Library and Historical Society Inc, known for being the birthplace of Memorial Day, dedicates its mission to providing an all-encompassing, full-service library and historical experience for patrons of all ages. Their objective is to educate individuals on the founding and the selfless service and sacrifice of America's veterans. By engaging participants in their learning setting, they aim to foster positive citizenship and strengthen the connection between individuals and life in the Finger Lakes.
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Impact
July, 2024
Waterloo Library And Historical Society Inc's impact is significant in providing patrons of all ages with an integrative, full-service library and historical experience. As the birthplace of Memorial Day, they play a crucial role in educating people on the founding and the service/sacrifice of all of America's veterans. By encouraging participants to engage in their learning setting, they contribute to the development of positive citizens and create a stronger connection with life in the Finger Lakes region. Their commitment to education and heritage preservation is commendable, making them a valuable asset to the community.
This information is meant to be a general summary of Waterloo Library And Historical Society 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 2023.
- Investment Income: $969
- Program Service Revenue: $315,002
- Gross Receipts: $419,627
Assets and Liabilities:
- Total Assets: $2,490,059
- Total Liabilities: $154,321
- Net Assets: $2,335,738
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY TAX REVENUE
Revenue
$302,286
DUES
Revenue
$11,597
FEES AND FINES
Revenue
$1,119
Organization Details
Founding Year
1875
Principal Officer
Cynthia Park
Website
www.wlhs-ny.comNTEE Category
Code: B71Z - Education
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