Overview
What is Centre Park Historic District Inc?
Centre Park Historic District Inc, situated in Reading, Pennsylvania at 705-707 North Fifth Street, is a dedicated nonprofit organization. Their primary mission is to preserve architectural value and improve nearby neighborhoods. By promoting architectural preservation, they aim to enhance the community around them, contributing positively to its overall character and charm.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Stars)
Centre Park Historic District Inc has received a low rating of 33% from Charity Navigator, which translates to a Zero-Star designation. This rating primarily reflects significant deficiencies in accountability and finance, with the score based solely on a single beacon score. While the organization does have a completely independent board, scoring full points in that area, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are crucial for ensuring transparency and accountability.
The organization shows a concerning financial profile, with a low program expense ratio of 49.70%, indicating that less than half of its expenditures are directed towards its programs. Additionally, it has significant liabilities relative to its assets, which further raises concerns about its financial health and sustainability. The absence of a website listed on its tax form and failure to post important documentation, such as meeting minutes and tax forms, contribute to a lack of transparency.
Overall, while Centre Park Historic District Inc has some strengths in terms of board independence, its financial management and accountability practices are severely lacking. These issues highlight the need for improvements in governance and financial reporting to enhance trust and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Centre Park Historic District Inc legitimate?
Centre Park Historic District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centre Park Historic District 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.
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What is the mission statement of Centre Park Historic District Inc?
The Centre Park Historic District Inc's mission is centered around preserving architectural integrity and enhancing the surrounding community. They strive to safeguard the historical value of architectural structures while simultaneously improving the nearby neighborhoods. This organization's activities are geared towards promoting a harmonious blend of historical preservation and community development. Their goal is to create an environment where the past and present coexist in a way that benefits the community as a whole. By preserving architectural landmarks, they aim to maintain a sense of history and culture, while the community enhancement aspect ensures a livable and attractive environment for its residents.
Who is the CEO of Centre Park Historic District Inc?
Kelli Roberts is the Vice President of Centre Park Historic District Inc. The CEO's salary of Centre Park Historic District Inc is $0 and their total compensation is $0.
What is the revenue of Centre Park Historic District Inc?
Centre Park Historic District Inc's revenue in 2022 was $48,455.
Who are the executives of Centre Park Historic District Inc and what are their salaries?
Here are 12 key members and their salaries (Centre Park Historic District Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Centre Park Historic District Inc?
Centre Park Historic District Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Centre Park Historic District Inc
Centre Park Historic District Inc is committed to preserving architectural value and enhancing the surrounding community. This nonprofit organization's mission is centered around two key areas: architectural preservation and community enhancement. Through their efforts, they aim to protect and maintain historical buildings and architectural landmarks, while simultaneously working to improve the livability and appeal of the surrounding neighborhoods. By doing so, Centre Park Historic District Inc plays a vital role in maintaining the character and heritage of its community, while also contributing to its overall well-being.
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Impact
August, 2024
Centre Park Historic District Inc has had a significant impact on Reading, PA by preserving architectural value and enhancing nearby neighborhoods. Through their promotion of architectural preservation, this organization has played a crucial role in maintaining the historical integrity of the area. Additionally, their efforts to revitalize and improve the neighboring community have helped create a more vibrant and attractive environment for residents and visitors alike. Their work not only beautifies the city but also preserves its unique heritage for future generations to enjoy.
This information is meant to be a general summary of Centre Park Historic District 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: $731
- Gross Receipts: $71,727
Assets and Liabilities:
- Total Assets: $364,061
- Total Liabilities: $380
- Net Assets: $363,681
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Organization Details
Principal Officer
Kelli Roberts
Main Address
705-707 North Fifth Street, Reading, PA, 19601
NTEE Category
Code: A82Z - Arts
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