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Foothills Antique Power Association

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161733432 ✦ Conover, NC ✦ Designated as a 501(c)(3)

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Overview

What is Foothills Antique Power Association?

The Foothills Antique Power Association is a nonprofit organization located in Conover, North Carolina (28613). Their primary mission is to preserve and showcase antiquated early to mid-twentieth century power equipment that was commonly utilized in rural American farming. Through annual shows, they aim to promote the appreciation and restoration of these historical pieces. The association's activities are centered around the conservation of this unique farming heritage.


Official website here: www.foothillsantique.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (59%)

Foothills Antique Power Association has received a low rating of 59%, securing a One-Star out of Four Stars designation due to concerns surrounding its accountability and finance practices. The organization's score is heavily influenced by the absence of independent board members and missing critical policies such as conflict of interest and whistleblower protections. While the organization has demonstrated solid program expense ratios, these governance issues raise red flags.

The positive aspects of the Foothills Antique Power Association include a high program expense ratio of 82.89%, indicating that a significant portion of its budget is allocated towards its programs and mission. Additionally, the organization appears to maintain transparency in financial documentation, as evidenced by the availability of its tax form on its website and the presence of board meeting minutes.

However, the lack of independent governance and key policies can undermine trust and accountability. As the organization moves forward, addressing these gaps will be crucial to improve its rating and enhance its operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Foothills Antique Power Association legitimate?

Foothills Antique Power Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foothills Antique Power Association 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


Official website here: www.foothillsantique.com

What is the mission statement of Foothills Antique Power Association?

The Foothills Antique Power Association is dedicated to preserving antiquated early to mid-twentieth century power equipment that was commonly used in rural American farming. Their mission is to promote the conservation and restoration of these historical artifacts, fostering an appreciation for the agricultural heritage of the past. They achieve this through annual shows, showcasing the preservation efforts and the functional demonstration of these vintage power tools. The association aims to educate the public about the significance of these pieces in rural America's history, promoting an understanding and appreciation of their cultural importance.


Official website here: www.foothillsantique.com

What is the revenue of Foothills Antique Power Association?

Foothills Antique Power Association's revenue in 2023 was $105,813.


Official website here: www.foothillsantique.com

Who are the executives of Foothills Antique Power Association and what are their salaries?

Here are 9 key members and their salaries:


Kevin Black (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilson Sigmon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candy Richey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Setzer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Schronce (Show Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Spencer (Show Committee Chairman As)
  • Compensation: $0
  • Related: $0
  • Other: $0
Butch Mcintyre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hollar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Austin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foothillsantique.com

Where can I find the form 990 for Foothills Antique Power Association?

Foothills Antique Power Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.foothillsantique.com

Learn more at the official website: www.foothillsantique.com

Mission Statement of Foothills Antique Power Association

The Foothills Antique Power Association is dedicated to promoting the preservation of antiquated early to mid-twentieth century power equipment that was commonly used in rural American farming. Their mission is to ensure that these historical artifacts are not lost to time, but rather, are celebrated and admired for their significance in agricultural history. Through various initiatives, the organization works towards maintaining these pieces of machinery, showcasing their restoration, and educating others about their role in rural America's past.

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Impact




October, 2024

The Foothills Antique Power Association significantly impacts the preservation of early to mid-twentieth century power equipment, particularly those utilized in rural American farming. Through its annual shows, the association showcases restored and preserved machinery, fostering a greater appreciation for agricultural heritage. This not only educates the public about the historical significance of these tools but also promotes a sense of community among enthusiasts and collectors.

By focusing on preservation efforts, the association plays a crucial role in keeping the history of rural farming alive, connecting newer generations to the agricultural practices of the past. The events they organize serve as a platform for sharing knowledge and skills related to the restoration and maintenance of antique machinery, ensuring that these important artifacts of American history are not forgotten. The association's mission enriches cultural heritage while also encouraging innovation and creativity within the arts of restoration and machinery craftsmanship.




This information is meant to be a general summary of Foothills Antique Power Association. 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.

Revenue
$105,813 (2023)
Expenses
$102,102 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $88,119
  • Gross Receipts: $114,094

Assets and Liabilities:

  • Total Assets: $243,878
  • Total Liabilities: $0
  • Net Assets: $243,878

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANTIQUE POWER SHOW

Revenue

$46,619

TRACTOR PULL

Revenue

$39,095

SWAP MEET

Revenue

$2,405

Organization Details

Founding Year

2003

Principal Officer

Wilson Sigmon

NTEE Category

Code: A80 - Arts

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