Overview
What is Beckley Raleigh County Convention Center Inc?
Beckley Raleigh County Convention Center Inc is a nonprofit organization situated in Beckley, West Virginia. Its primary mission is to offer meeting rooms, banquet facilities, entertainment, and sports events for the local community and the surrounding area. By providing these facilities, the convention center aims to cater to various events and gatherings, thereby contributing to the social and economic growth of the region. The nonprofit organization operates with a focus on serving the residents of Beckley, WV.
Official website here: www.raleighcoarmory.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Beckley Raleigh County Convention Center Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating significant areas for improvement in accountability and finance. The organization scored 60% overall, with notable strengths in board independence and program expense ratio, reflecting a commitment to using funds for their intended purpose. However, the absence of financial statements and other key financial reporting documents raises concerns about transparency.
The organization maintains a fully independent board, which is a positive aspect, and has documented board meeting minutes, enhancing governance in some areas. Nonetheless, the lack of a whistleblower policy and missing guidelines for document retention and destruction suggest weaknesses in operational policies that could impact trust and accountability.
Additionally, while the program expense ratio is commendable at 85.34%, the liabilities to assets ratio of 66.93% indicates potential financial strain. Overall, while there are positive elements, the significant gaps in financial documentation and policies indicate that the organization has critical areas to address to improve its standing and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Beckley Raleigh County Convention Center Inc legitimate?
Beckley Raleigh County Convention Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beckley Raleigh County Convention Center 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,451
For more financial information, click here
Official website here: www.raleighcoarmory.com
What is the mission statement of Beckley Raleigh County Convention Center Inc?
The Beckley Raleigh County Convention Center Inc is a non-profit organization established with the purpose of offering meeting rooms, banquet facilities, entertainment, and sporting events. Its mission is to cater to the needs of events in the local area, providing a space for various gatherings and activities. The organization aims to enhance the community by hosting events that bring people together, fostering social interaction and engagement. The center's activities contribute to the local economy by attracting visitors and events, thereby promoting growth and development in the area.
Official website here: www.raleighcoarmory.com
Who is the CEO of Beckley Raleigh County Convention Center Inc?
Bill Baker is the Principal Officer of Beckley Raleigh County Convention Center Inc.
Official website here: www.raleighcoarmory.com
What is the revenue of Beckley Raleigh County Convention Center Inc?
Beckley Raleigh County Convention Center Inc's revenue in 2022 was $1,211,119.
Official website here: www.raleighcoarmory.com
Who are the executives of Beckley Raleigh County Convention Center Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.raleighcoarmory.com
Where can I find the form 990 for Beckley Raleigh County Convention Center Inc?
Beckley Raleigh County Convention Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.raleighcoarmory.com
Learn more at the official website: www.raleighcoarmory.com
Mission Statement of Beckley Raleigh County Convention Center Inc
The Beckley Raleigh County Convention Center Inc, as a non-profit organization, is established with the primary mission to offer meeting rooms, banquet facilities, entertainment, and sporting events for the convenience and enjoyment of the community in and around Beckley. This organization is dedicated to catering to various events, aiming to boost social interaction and foster a sense of community. Its activities are geared towards providing an assortment of facilities that cater to diverse needs, be it for corporate meetings, social gatherings, or recreational events. The Beckley Raleigh County Convention Center Inc serves as a hub for events, aiming to bring people together, create memorable experiences, and contribute to the overall vibrancy of the local community.
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Impact
October, 2024
The Beckley Raleigh County Convention Center plays a vital role in the community by providing essential facilities for meetings, banquets, entertainment, and sporting events in Beckley, West Virginia, and the surrounding areas. Its diverse offerings support local businesses and foster community engagement by hosting a wide array of events that draw both residents and visitors.
By providing a space for gatherings, the center enhances social interactions and cultural exchanges, benefiting local organizations and groups looking for venues to host their activities. Whether it's a corporate meeting, a wedding reception, or a community sports event, the convention center serves as a hub for connection and collaboration.
Moreover, the Beckley Raleigh County Convention Center contributes to the local economy by attracting events that stimulate tourism and hospitality sectors. This economic impact can lead to job creation and increased revenue for nearby businesses, further enriching the community's vitality. Overall, the center's commitment to serving the needs of the area positions it as an integral player in both local culture and economic development.
This information is meant to be a general summary of Beckley Raleigh County Convention Center 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: $1,560
- Program Service Revenue: $902,559
- Gross Receipts: $1,211,119
Assets and Liabilities:
- Total Assets: $2,385,135
- Total Liabilities: $1,596,562
- Net Assets: $788,573
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$902,559
Organization Details
Founding Year
2005
Phone
(304) 252-7361Principal Officer
Bill Baker
Main Address
200 ARMORY DRIVE, BECKLEY, WV, 25801
Website
www.raleighcoarmory.comNTEE Category
Code: W99 - Public benefit
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