Overview
What is Long Grove Business & Community Partners?
Long Grove Business & Community Partners is a nonprofit organization situated in Long Grove, Illinois, specifically at 145 Old McHenry Road. Their primary focus is on the historic preservation and enhancement of the traditional downtown area of Long Grove. With a dedicated team of seven employees, they work tirelessly to promote this area, ensuring its continued charm and relevance in the community. The organization's mission is deeply rooted in the conservation and celebration of Long Grove's rich history and cultural heritage.
Official website here: www.longgroveonline.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Long Grove Business & Community Partners has achieved an 84% rating, indicating a Three-Star status. This score reflects a strong emphasis on accountability and finance, as evidenced by their perfect score in several areas, including independent board membership and financial oversight. The organization demonstrates effective governance with a majority of independent board members and a solid program expense ratio, which suggests that a significant portion of their resources is allocated directly to their mission.
Despite these strengths, there are notable areas for improvement. The organization is missing key policies such as a conflict of interest policy and whistleblower policy, which are important for ensuring transparency and ethical governance. Additionally, while their financial health appears strong, with a low liabilities to assets ratio, the absence of certain oversight protocols may raise concerns among potential donors regarding the organization's commitment to best practices in governance.
Overall, Long Grove Business & Community Partners shows a commendable commitment to financial accountability and operational integrity, but addressing the gaps in their policy framework could enhance their transparency and trustworthiness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Long Grove Business & Community Partners legitimate?
Long Grove Business & Community Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Grove Business & Community Partners 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: $45,015
For more financial information, click here
Official website here: www.longgroveonline.com
What is the mission statement of Long Grove Business & Community Partners?
The Long Grove Business & Community Partners are committed to preserving and promoting the traditional downtown area of Long Grove. Their mission involves maintaining the historic charm of the area while improving and boosting its visibility. Their activities primarily focus on the historic preservation and enhancement of the downtown Long Grove sector.
Official website here: www.longgroveonline.com
Who is the CEO of Long Grove Business & Community Partners?
Ryan Messner is the Board Member of Long Grove Business & Community Partners.
Official website here: www.longgroveonline.com
What is the revenue of Long Grove Business & Community Partners?
Long Grove Business & Community Partners's revenue in 2022 was $1,128,794.
Official website here: www.longgroveonline.com
Who are the executives of Long Grove Business & Community Partners and what are their salaries?
The average compensation at Long Grove Business & Community Partners during 2022 was $6,431. There are 7 employees and 9 volunteers at Long Grove Business & Community Partners.
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Official website here: www.longgroveonline.com
Where can I find the form 990 for Long Grove Business & Community Partners?
Long Grove Business & Community Partners's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.longgroveonline.com
Learn more at the official website: www.longgroveonline.com
Mission Statement of Long Grove Business & Community Partners
Long Grove Business & Community Partners is dedicated to preserving and promoting the traditional downtown area of Long Grove. This mission involves both preserving the historical charm and character of the downtown area and enhancing its appeal to the community. By focusing on historic preservation, improvement, and promotion, the organization aims to maintain the unique charm of Long Grove's downtown area, ensuring it remains a significant part of the community's identity.
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Impact
October, 2024
Long Grove Business & Community Partners significantly enhances the vibrancy and appeal of Long Grove's traditional downtown area. By focusing on historic preservation, they safeguard the character and heritage of the community, ensuring that the unique architecture and historical significance of the area are maintained for future generations. Their efforts not only uplift the local aesthetic but also promote community pride and identity.
Through various initiatives, they facilitate improvements that attract visitors, enhance the shopping experience, and support local businesses. This boosts the local economy and fosters a sense of community among residents and businesses alike. Their commitment to preserving the past while promoting growth contributes to a thriving environment that appeals to both locals and visitors, ensuring Long Grove remains a cherished destination.
This information is meant to be a general summary of Long Grove Business & Community Partners. 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: $78
- Program Service Revenue: $961,194
- Gross Receipts: $1,128,794
Assets and Liabilities:
- Total Assets: $349,409
- Total Liabilities: $33,224
- Net Assets: $316,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY EVENTS
Revenue
$961,194
Organization Details
Founding Year
2005
Principal Officer
Ryan Messner
Main Address
145 OLD MCHENRY ROAD, LONG GROVE, IL, 60047
Website
www.longgroveonline.comNTEE Category
Code: S30 - Community improvement
If you are a representative of Long Grove Business & Community Partners 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.