Overview
What is Cornwall Iron Furnace Associates Inc?
Cornwall Iron Furnace Associates Inc is a dedicated nonprofit organization that plays a significant role in preserving and promoting the historical Cornwall Iron Furnace, a site under the Pennsylvania Historical Museum Commission (PHMC). Their mission involves providing additional staff to maintain the site's open hours, thereby offering local employment opportunities. They also publish quarterly newsletters to promote local history and organize guided tours for visitors. Various events, such as an annual holiday open house and commemorative events honoring local mining history, are also organized by the associates. Furthermore, lectures on relevant topics are held both in-person and digitally to engage the community and introduce them to the site's rich historical contributions to the iron industry.
Official website here: www.cornwallironfurnace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Cornwall Iron Furnace Associates Inc has demonstrated exceptional accountability and finance practices, leading to its impressive Four-Star rating. The rating reflects a perfect score in several key areas, including a 100% independent board and no material diversion of assets. Such strong governance indicators suggest a commitment to ethical management and transparency in operations.
The charity maintains a high program expense ratio of 96.52%, indicating that a significant portion of its resources is directed toward fulfilling its mission. This efficiency in program spending showcases the organization's dedication to maximizing the impact of donations received. Additionally, the presence of robust policies related to conflicts of interest, whistleblowing, and document retention further reinforces its commitment to responsible governance.
While the organization scores highly across multiple metrics, it is essential to remain mindful of ongoing evaluations to ensure this level of performance is maintained. Overall, Cornwall Iron Furnace Associates Inc stands out as a reliable nonprofit, demonstrating effective oversight and a strong focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Cornwall Iron Furnace Associates Inc legitimate?
Cornwall Iron Furnace Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornwall Iron Furnace Associates 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: $7,736
For more financial information, click here
Official website here: www.cornwallironfurnace.org
What is the mission statement of Cornwall Iron Furnace Associates Inc?
Cornwall Iron Furnace Associates Inc's mission is centered around supporting the preservation, interpretation, and educational programs of a historical site, specifically the Cornwall Iron Furnace, overseen by the Pennsylvania Historical Museum Commission (PHMC). The organization's primary goal is to enhance these programs, supplementing the PHMC staff to ensure the site's regular operation. They also provide local employment opportunities, offering positions for site support staff. Regularly published newsletters promote local history, while volunteers lead guided tours for visitors multiple days a week and during special events. The events and interpretive signage aim to introduce visitors to the site's historical significance and contributions to the iron industry. Annual holiday open houses and commemorative events marking local mining history are also organized, in addition to lectures on relevant topics, both in-person and online.
Official website here: www.cornwallironfurnace.org
Who is the CEO of Cornwall Iron Furnace Associates Inc?
James Polczynski is the President of Cornwall Iron Furnace Associates Inc.
Official website here: www.cornwallironfurnace.org
What is the revenue of Cornwall Iron Furnace Associates Inc?
Cornwall Iron Furnace Associates Inc's revenue in 2023 was $32,137.
Official website here: www.cornwallironfurnace.org
Who are the executives of Cornwall Iron Furnace Associates Inc and what are their salaries?
The average compensation at Cornwall Iron Furnace Associates Inc during 2023 was $1,934. There are 4 employees and 17 volunteers at Cornwall Iron Furnace Associates Inc.
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Official website here: www.cornwallironfurnace.org
Where can I find the form 990 for Cornwall Iron Furnace Associates Inc?
Cornwall Iron Furnace Associates Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cornwallironfurnace.org
Learn more at the official website: www.cornwallironfurnace.org
Mission Statement of Cornwall Iron Furnace Associates Inc
Cornwall Iron Furnace Associates Inc is committed to preserving, interpreting, and educating the public about Cornwall Iron Furnace, a historic site managed by the Pennsylvania Historical Museum Commission (PHMC). Their mission is to supplement the PHMC staff, ensuring the site remains accessible to visitors more frequently. They provide local employment opportunities, hiring individuals to serve as site support staff. Through quarterly newsletters, they promote local history, engaging the community in the significance of the site.
Volunteers at Cornwall Iron Furnace Associates Inc conduct guided tours, offering visitors an immersive experience into the site's historical contributions to the iron industry. They plan and organize events, including an annual holiday open house and commemorative celebrations of local mining history. These events are designed to introduce visitors to the site and its rich heritage. Additionally, lectures on related topics are held both in-person and online, providing multiple avenues for the public to engage with Cornwall Iron Furnace's history. Interpretive signage is also created, further enhancing the visitor experience and encouraging a deeper appreciation for the site's significance.
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Impact
August, 2024
Cornwall Iron Furnace Associates Inc has a significant impact on supporting the preservation, interpretation, curatorial, and educational programs of Cornwall Iron Furnace, a Pennsylvania Historical Museum Commission site. By supplementing the PHMC staff, they ensure that the Cornwall Iron Furnace site can remain open more often, providing opportunities for local employment and engaging the community in the history of the iron industry. Through activities such as guided tours, events like the annual holiday open house, and lectures on related topics, they promote local history and contribute to preserving the heritage of the region. Their efforts not only benefit visitors to the site but also serve to educate and engage the community in the rich historical contributions of Cornwall Iron Furnace.
This information is meant to be a general summary of Cornwall Iron Furnace Associates 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 2023.
- Investment Income: $76
- Program Service Revenue: $5,469
- Gross Receipts: $54,459
Assets and Liabilities:
- Total Assets: $104,517
- Total Liabilities: $0
- Net Assets: $104,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS
Revenue
$3,280
TOURS
Revenue
$2,189
Organization Details
Founding Year
1986
Principal Officer
James Polczynski
Main Address
P O BOX 251, CORNWALL, PA, 170160251
Website
www.cornwallironfurnace.orgNTEE Category
Code: A80 - Arts
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