Overview
What is Central Terminal Restoration Corp?
Central Terminal Restoration Corp is a nonprofit organization based in Buffalo, New York. Their primary mission is to preserve and promote the iconic Buffalo Central Terminal, transforming it into a long-term cultural and economic hub for the community. They accomplish this through various activities, such as organizational capacity building, real estate development planning, capital improvements, and building maintenance. Additionally, they coordinate community events and activities to engage with local residents. With a small team of two employees, Central Terminal Restoration Corp is dedicated to revitalizing this historic landmark and contributing positively to the community's culture and economy.
Official website here: www.buffalocentralterminal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star Rating on Charity Navigator
The Central Terminal Restoration Corp has achieved a commendable 93% rating, highlighting its strong performance in accountability and community engagement. With a perfect score in Culture & Community, Leadership & Adaptability, and Feedback Collection, the organization demonstrates a robust commitment to fostering a positive environment and engaging stakeholders effectively. The high percentage of independent board members further emphasizes its governance integrity.
Financially, the organization boasts a solid Program Expense Ratio of 76.65%, indicating that a significant portion of its funds is directed towards its mission-driven programs. It also exhibits excellent practices in oversight with full points in auditing and conflict of interest policies. However, it shows a moderate Liabilities to Assets Ratio of 56.39%, which could be an area for further attention as it reflects the organization’s financial health.
Overall, the Central Terminal Restoration Corp stands out for its strong leadership, community involvement, and financial accountability, making it a trustworthy entity for potential donors. While there are minor areas for improvement in financial metrics, its transparent practices and emphasis on feedback and equity strategies position it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Central Terminal Restoration Corp?
92% of 602 reviewers on Facebook recommend Central Terminal Restoration Corp. Here is a summary of their reviews:
Many visitors were thrilled with their experiences, particularly highlighting the engaging and knowledgeable tour guides. One reviewer expressed that the Mother's Day tour exceeded expectations, providing insightful information about the history and significance of the terminal. This kind of enthusiasm suggests that the organization successfully delivers its mission of educating the public about the terminal's rich history.
Overall, participants seem to appreciate the unique opportunities offered by the nonprofit and actively encourage others to partake in the tours. The positive sentiment indicates that the Central Terminal Restoration Corp effectively connects with its audience and fulfills its objectives.
This AI summary has been generated from reviews found on Facebook.
Is Central Terminal Restoration Corp legitimate?
Central Terminal Restoration Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Terminal Restoration Corp 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: $102,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,504
For more financial information, click here
Official website here: www.buffalocentralterminal.org
What is the mission statement of Central Terminal Restoration Corp?
The Central Terminal Restoration Corp's mission is to transform the iconic Buffalo Central Terminal into a lasting cultural and economic hub for the community. This is accomplished through various initiatives, such as organizational capacity building, real estate development planning, capital improvements and building maintenance, and coordinating community events and activities. The organization's goal is to promote, preserve, and reuse this historic landmark, contributing to the community's cultural and economic growth.
Official website here: www.buffalocentralterminal.org
Who is the CEO of Central Terminal Restoration Corp?
James Morrell is the Chair of Central Terminal Restoration Corp.
Official website here: www.buffalocentralterminal.org
What is the revenue of Central Terminal Restoration Corp?
Central Terminal Restoration Corp's revenue in 2022 was $792,090.
Official website here: www.buffalocentralterminal.org
Who are the executives of Central Terminal Restoration Corp and what are their salaries?
The average compensation at Central Terminal Restoration Corp during 2022 was $81,002. There are 2 employees and 70 volunteers at Central Terminal Restoration Corp.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $102,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.buffalocentralterminal.org
Where can I find the form 990 for Central Terminal Restoration Corp?
Central Terminal Restoration Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buffalocentralterminal.org
Learn more at the official website: www.buffalocentralterminal.org
Mission Statement of Central Terminal Restoration Corp
Central Terminal Restoration Corp, a notable organization, is committed to transforming the Buffalo Central Terminal into a lasting cultural and economic hub for the community. Their mission is twofold: firstly, they aim to preserve this majestic historic landmark, ensuring its longevity and significance for future generations. Secondly, they strive to revitalize the terminal, turning it into a vibrant hub that contributes to the community's economy and culture. To achieve this, Central Terminal Restoration Corp engages in various activities, including building organizational capacity, planning real estate development, carrying out capital improvements and maintenance, and coordinating community events and activities. By doing so, they contribute to the overall well-being and enrichment of the community, making the Buffalo Central Terminal a cherished and vital part of their shared heritage.
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
October, 2024
Central Terminal Restoration Corp. plays a significant role in revitalizing the Buffalo Central Terminal, a historic landmark that serves as a cultural and economic hub for the community. Their efforts focus on promoting, preserving, and repurposing this architectural treasure, ensuring it remains a vibrant part of Buffalo's identity.
By engaging in organizational capacity building and real estate development planning, the Central Terminal Restoration Corp. is instrumental in driving capital improvements and maintaining the building's integrity. This enhances not only the aesthetic appeal of the landmark but also its functionality for various uses.
Moreover, the organization coordinates community events and activities at the terminal, fostering a sense of civic pride and encouraging community involvement. Through these initiatives, the Central Terminal becomes a gathering space for the arts and local culture, contributing to economic activity in the area and helping boost tourism. Overall, their work significantly impacts Buffalo by transforming the Central Terminal into a lasting asset for both residents and visitors.
This information is meant to be a general summary of Central Terminal Restoration Corp. 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.
- Gross Receipts: $792,090
Assets and Liabilities:
- Total Assets: $17,029,607
- Total Liabilities: $9,604,580
- Net Assets: $7,425,027
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Phone
(716) 754-6142Principal Officer
James Morrell
Main Address
PO BOX 51, BUFFALO, NY, 14212
NTEE Category
Code: A80 - Arts
If you are a representative of Central Terminal Restoration Corp 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.