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Historic Restoration Society Inc

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

EIN: 205235080 ✦ Mobile, AL ✦ Designated as a 501(c)(3)

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Overview

What is Historic Restoration Society Inc?

Historic Restoration Society Inc, based in Mobile, Alabama, is a nonprofit organization with a mission to preserve and restore historical or architectural properties. They aim to maintain the distinctive character of their city while fostering an appreciation for its rich history. The society conducts educational activities to engage the public, contributing significantly to the cultural heritage of Mobile, Alabama. Their work includes preserving historical structures, promoting historical awareness, and educating the community about the city's past.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 71% (Two-Star out of Four Star rating)

The Historic Restoration Society Inc has received a score of 71%, indicating a need for improvement in its financial transparency and accountability practices. While the organization boasts a fully independent board and a strong program expense ratio, which is commendable, it lacks essential financial statements and publicly posted tax forms, which could hinder donor trust and engagement.

Despite these limitations, the organization has shown positive aspects such as a solid conflict of interest policy and no reported material diversion of assets. The 100% program expense ratio suggests that all of its spending is directed toward its mission, which is a strength. However, the absence of a whistleblower policy and missing documents related to retention and board meeting minutes raises concerns about governance.

Overall, while the Historic Restoration Society Inc is focused on its programs and has a capable board, it must address its financial disclosure shortcomings to enhance its credibility and effectiveness within the nonprofit sector.


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

Is Historic Restoration Society Inc legitimate?

Historic Restoration Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Restoration 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Historic Restoration Society Inc?

The Historic Restoration Society Inc is committed to preserving the historical and architectural character of a specific location, in this case, Mobile, Alabama. Their mission is twofold; firstly, they aim to promote an appreciation of history among the public, and secondly, they conduct educational activities to achieve this goal. Through their activities, they strive to restore, maintain, and preserve historical or architectural properties, contributing to the preservation of the region's heritage.

Who is the CEO of Historic Restoration Society Inc?

Jay Roberds is the President of Historic Restoration Society Inc.

What is the revenue of Historic Restoration Society Inc?

Historic Restoration Society Inc's revenue in 2022 was $484,249.

Who are the executives of Historic Restoration Society Inc and what are their salaries?


Here are 7 key members and their salaries:


Jay Roberds (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Edgar (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Page Stalcupiii (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Curtis Wilson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Gardner (Asst Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cart Blackwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mcgehee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Historic Restoration Society Inc?

Historic Restoration Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Historic Restoration Society Inc

Historic Restoration Society Inc, as a nonprofit organization, is dedicated to preserving and maintaining the historical or architectural character of a particular city, in this case, Mobile, Alabama. Their mission is twofold: firstly, they aim to promote an appreciation of the city's history, and secondly, they conduct educational activities to engage the public. By preserving and restoring historical properties, they contribute to the preservation of the city's past, ensuring that future generations can appreciate and learn from it. Through their educational activities, they foster a wider understanding and appreciation of the city's history, engaging the public in a meaningful and interactive way.

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Impact




July, 2024

Historic Restoration Society Inc plays a crucial role in preserving the historic and architectural character of Mobile, Alabama. Through their efforts, they ensure that the rich history of the city is safeguarded for future generations to appreciate. The society's focus on maintaining historical and architectural properties contributes to the overall cultural landscape of Mobile, making it a more vibrant and historically significant place. Additionally, their educational activities help raise awareness about the importance of preserving history and heritage, fostering a deeper sense of appreciation among the public. Overall, Historic Restoration Society Inc's impact extends beyond just physical restoration, enriching the community and promoting a stronger connection to Mobile's past.




This information is meant to be a general summary of Historic Restoration 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.

Revenue
$484,249 (2022)
Expenses
$296,332 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $55
  • Gross Receipts: $547,090

Assets and Liabilities:

  • Total Assets: $5,458,905
  • Total Liabilities: $455,353
  • Net Assets: $5,003,552

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Organization Details

Founding Year

2006

Principal Officer

Jay Roberds

Main Address

PO BOX 1566, MOBILE, AL, 36633

NTEE Category

Code: A80 - Arts

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