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Strand Ventures Inc

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

EIN: 223733350 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Strand Ventures Inc?

Strand Ventures Inc, located in Lakewood, New Jersey, is a nonprofit organization dedicated to fostering cultural, educational, and artistic events while preserving the historical site of the Strand Theater for the benefit of the local community. Their mission encompasses promoting various events and safeguarding the historical theater, contributing to the community's cultural and artistic landscape.


Official website here: www.strand.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Strand Ventures Inc has received an overall score of 81%, reflecting a solid level of accountability and financial health. This rating is derived entirely from their Accountability & Finance score, indicating a strong emphasis on responsible management of resources. The organization boasts 100% independent board members, highlighting a commitment to governance and transparency.

Strengths of Strand Ventures Inc include a high program expense ratio of 89.22%, suggesting that a significant portion of their funds is directed towards their programs rather than administrative costs. Additionally, the organization has established comprehensive policies regarding conflict of interest and whistleblower protections, which further underscores their dedication to ethical operations.

Despite their strengths, the rating is based solely on financial metrics, which may not fully capture the impact of their programs or community engagement. Nonetheless, their high scores in various accountability aspects demonstrate a commitment to maintaining trust with donors and beneficiaries alike.


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

What do the Facebook reviews say about Strand Ventures Inc?

92% of 620 reviewers on Facebook recommend Strand Ventures Inc. Here’s a summary of their experiences:

Many attendees highlighted the exceptional quality of the shows, praising both the impressive sound and the overall atmosphere of the venue. Comments often reflect excitement for upcoming events, indicating a strong loyalty among patrons.

The enthusiasm expressed suggests that Strand Ventures Inc consistently delivers enjoyable experiences, making it a favored choice for entertainment in the community. Overall, supporters appreciate the high standards maintained, which encourages them to return for future performances.


This AI summary has been generated from reviews found on Facebook.

Is Strand Ventures Inc legitimate?

Strand Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strand Ventures 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: $168,381

For more financial information, click here


Official website here: www.strand.org

What is the mission statement of Strand Ventures Inc?

Strand Ventures Inc is committed to promoting cultural, educational, and artistic events, as well as preserving the historical site of the Strand Theater. This organization strives to serve the community, specifically in Lakewood, NJ, by organizing such events and ensuring the theater's historical significance is maintained. By doing so, Strand Ventures Inc aims to enrich the community's cultural landscape and provide opportunities for learning and artistic expression.


Official website here: www.strand.org

Who is the CEO of Strand Ventures Inc?

Amy Freeman is the Director of Strand Ventures Inc.


Official website here: www.strand.org

What is the revenue of Strand Ventures Inc?

Strand Ventures Inc's revenue in 2023 was $590,776.


Official website here: www.strand.org

Who are the executives of Strand Ventures Inc and what are their salaries?


Here are 13 key members and their salaries:


John Crisafulli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Kapulsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabe Matthews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Nash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Petz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Politi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Roeder Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Theibault (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Reinman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Freeman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Gerstenblatt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Stafford-Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.strand.org

Where can I find the form 990 for Strand Ventures Inc?

Strand Ventures Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.strand.org

Learn more at the official website: www.strand.org

Mission Statement of Strand Ventures Inc

Strand Ventures Inc, a nonprofit organization, is dedicated to fostering cultural, educational, and artistic events, as well as preserving the historical site of the Strand Theater. Their mission is twofold: firstly, they aim to promote a diverse range of cultural, educational, and artistic events that cater to the community's interests. These events serve as platforms for local talent and contribute to the community's cultural richness. Secondly, Strand Ventures Inc is committed to preserving the historical Strand Theater. This iconic venue is not just a symbol of the community's past, but also a testament to its creative heritage. By preserving the theater, Strand Ventures Inc ensures that future generations can appreciate and learn from this historical site, further enriching the community's cultural legacy.

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Impact




July, 2024

Strand Ventures Inc's impact lies in promoting cultural, educational, and artistic events, as well as preserving the historical site of the Strand Theater in Lakewood, NJ. Through its activities, it enriches the community by providing opportunities for artistic expression, learning, and historical preservation. Overall, Strand Ventures Inc plays a vital role in fostering a vibrant cultural scene and preserving the heritage of the Strand Theater for the benefit of the Lakewood community.




This information is meant to be a general summary of Strand Ventures 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
$590,776 (2023)
Expenses
$528,904 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $140
  • Program Service Revenue: $387,120
  • Gross Receipts: $590,776

Assets and Liabilities:

  • Total Assets: $431,150
  • Total Liabilities: $191,639
  • Net Assets: $239,511

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Programs

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

PROGRAM SERVICE REVENU

Revenue

$387,120

Organization Details

Founding Year

2000

Principal Officer

Amy Freeman

Main Address

400 CLIFTON AVENUE, LAKEWOOD, NJ, 08701

NTEE Category

Code: A61 - Arts

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