Overview
What is Carpenters' Company Of The City And County Of Philadelphia?
The Carpenters' Company of the City and County of Philadelphia is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary objective is the preservation of a renowned historical landmark in the city. The organization is committed to maintaining this landmark and has established programs to achieve this goal, focusing on the conservation of history. The Carpenters' Company offers various initiatives aimed at preserving the rich heritage of the landmark, making it a significant contributor to the city's historical heritage.
Official website here: www.carpentershall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating.
The Carpenters' Company of the City and County of Philadelphia has achieved a solid score of 89%, reflecting strong accountability and financial practices. The organization benefits from a fully independent board, which enhances its governance structure, and it has received high marks for transparency in its financial reporting. Notably, the organization has no material diversion of assets, indicating responsible management of resources.
Strengths include a robust program expense ratio of 74.01%, suggesting that a significant portion of funds is directed toward its mission-driven activities. The charity has also established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, which further reinforce its commitment to ethical practices and accountability.
However, the Carpenters' Company faces some limitations regarding its liabilities to assets ratio, which stands at 59.94%. While this is acceptable, it suggests a moderate level of debt relative to its assets, which could be a point of concern for potential donors looking for financial stability. Overall, the organization exhibits commendable governance and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Carpenters' Company Of The City And County Of Philadelphia legitimate?
Carpenters' Company Of The City And County Of Philadelphia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carpenters' Company Of The City And County Of Philadelphia 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: $129,076
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,884
For more financial information, click here
Official website here: www.carpentershall.org
What is the mission statement of Carpenters' Company Of The City And County Of Philadelphia?
The Carpenters' Company of the City and County of Philadelphia's mission is centered around preserving a historical landmark. This organization works diligently to ensure the upkeep and conservation of this significant historical site. Additionally, they provide programs aimed at safeguarding and promoting the preservation of history.
Official website here: www.carpentershall.org
What is the revenue of Carpenters' Company Of The City And County Of Philadelphia?
Carpenters' Company Of The City And County Of Philadelphia's revenue in 2023 was $3,360,462.
Official website here: www.carpentershall.org
Who are the executives of Carpenters' Company Of The City And County Of Philadelphia and what are their salaries?
The average compensation at Carpenters' Company Of The City And County Of Philadelphia during 2023 was $36,495. There are 8 employees and 12 volunteers at Carpenters' Company Of The City And County Of Philadelphia.
Here are 17 key members and their salaries:
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- Compensation: $112,000
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- Other: $17,076
Official website here: www.carpentershall.org
Where can I find the form 990 for Carpenters' Company Of The City And County Of Philadelphia?
Carpenters' Company Of The City And County Of Philadelphia's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.carpentershall.org
Learn more at the official website: www.carpentershall.org
Mission Statement of Carpenters' Company Of The City And County Of Philadelphia
The Carpenters' Company of the City and County of Philadelphia is committed to preserving a historical landmark in an exemplary manner. Their mission revolves around ensuring the maintenance and conservation of this notable site, with programs specifically designed to safeguard its historical significance. The organization is dedicated to upholding the legacy of the landmark through initiatives geared towards historical preservation.
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Impact
October, 2024
The Carpenters' Company Of The City And County Of Philadelphia plays a crucial role in preserving the historical significance of Carpenters' Hall, a landmark in Philadelphia, PA. By maintaining and restoring this site, the organization ensures that the architectural and cultural heritage of the area is protected for future generations.
Through various programs dedicated to historical preservation, the Company engages the community and fosters an appreciation for the arts and history. These initiatives not only highlight the importance of maintaining historical sites but also educate the public about the rich legacy of craftsmanship and architectural excellence that Carpenters' Hall represents.
As a result, the Carpenters' Company contributes to the vibrancy of Philadelphia's cultural landscape, promoting tourism and community involvement while safeguarding an essential part of the city’s history.
This information is meant to be a general summary of Carpenters' Company Of The City And County Of Philadelphia. 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: $80,011
- Program Service Revenue: $272,980
- Gross Receipts: $5,184,449
Assets and Liabilities:
- Total Assets: $2,776,289
- Total Liabilities: $1,664,385
- Net Assets: $1,111,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$272,980
Organization Details
Founding Year
1724
Principal Officer
Thomas Daley
Website
www.carpentershall.orgNTEE Category
Code: A82Z - Arts
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