Overview
What is Friends Of Chamounix Mansion?
Friends of Chamounix Mansion is a nonprofit organization dedicated to offering affordable and distinctive accommodations for both domestic and international travelers at the historic Chamounix Mansion. The organization's core mission extends beyond hospitality, as it also aims to preserve the rich history of the mansion and promote the Philadelphia region. By providing a safe and budget-friendly hostel service, the Friends of Chamounix Mansion contribute to the city's tourism sector, while simultaneously ensuring the maintenance and appreciation of its cultural heritage.
Official website here: www.philahostel.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Friends Of Chamounix Mansion has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization achieved a perfect score for the majority of its independent board members, and it has demonstrated strong financial health with a program expense ratio of 86.09%. These factors contribute positively to its overall rating, reflecting a commitment to effective use of funds.
However, the organization has notable weaknesses in its governance practices. It lacks essential policies such as a conflict of interest policy and a whistleblower policy, which could impact transparency and ethical decision-making. Additionally, the absence of a document retention and destruction policy raises concerns about organizational practices in managing and safeguarding its records.
Despite these limitations, Friends Of Chamounix Mansion's financial metrics suggest a well-managed organization, excelling in responsible spending on its programs. With improvements in governance policies, it could enhance its accountability further and strengthen stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Chamounix Mansion legitimate?
Friends Of Chamounix Mansion is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Chamounix Mansion 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: $13,362
For more financial information, click here
Official website here: www.philahostel.org
What is the mission statement of Friends Of Chamounix Mansion?
The Friends of Chamounix Mansion have a mission to offer secure, affordable, and distinctive hostel accommodations for both domestic and international travelers. Additionally, they work towards preserving the historical Chamounix Mansion and promoting the region where the mansion is located. Their activities extend beyond hostel services, as they also contribute to the promotion and enhancement of the surrounding area.
Official website here: www.philahostel.org
Who is the CEO of Friends Of Chamounix Mansion?
Carl J O'Fria Jr is the Chairman of Friends Of Chamounix Mansion.
Official website here: www.philahostel.org
What is the revenue of Friends Of Chamounix Mansion?
Friends Of Chamounix Mansion's revenue in 2021 was $48,053.
Official website here: www.philahostel.org
Who are the executives of Friends Of Chamounix Mansion and what are their salaries?
The average compensation at Friends Of Chamounix Mansion during 2021 was $6,681. There are 2 employees at Friends Of Chamounix Mansion.
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Official website here: www.philahostel.org
Where can I find the form 990 for Friends Of Chamounix Mansion?
Friends Of Chamounix Mansion's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.philahostel.org
Learn more at the official website: www.philahostel.org
Mission Statement of Friends Of Chamounix Mansion
Friends of Chamounix Mansion is a dedicated organization with a threefold mission. Primarily, it provides a unique and affordable hostel experience for both domestic and international visitors. This service not only offers a budget-friendly stay but also contributes to the cultural exchange between various nationalities.
Secondly, the nonprofit is deeply committed to preserving the historic Chamounix Mansion. This historic site serves as a testament to the region's rich past and cultural heritage, making it an essential piece of local history. Friends of Chamounix Mansion works tirelessly to maintain and protect this landmark, ensuring its continued existence for future generations.
Lastly, Friends of Chamounix Mansion contributes to promoting the Philadelphia region. By welcoming visitors from around the world, the organization helps to showcase the region's attractions and amenities. This promotion not only benefits the local tourism industry but also fosters a sense of pride and appreciation for the Philadelphia region among its residents.
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Impact
August, 2024
Friends of Chamounix Mansion has a significant impact on the community by providing safe, low-cost, and unique hostel services for domestic and international visitors. Additionally, they play a crucial role in promoting the preservation of the historic Chamounix Mansion and raising awareness about the Philadelphia region. Through their mission, they contribute to the cultural enrichment and tourism promotion of Philadelphia, while also offering affordable accommodation options for travelers. Their work not only benefits visitors but also helps preserve historical landmarks and promote the local heritage.
This information is meant to be a general summary of Friends Of Chamounix Mansion. 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 2021.
- Investment Income: $44,382
- Program Service Revenue: $3,671
- Gross Receipts: $90,461
Assets and Liabilities:
- Total Assets: $219,496
- Total Liabilities: $8,988
- Net Assets: $210,508
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YOUTH HOSTELLING
Revenue
$3,671
Organization Details
Founding Year
1965
Phone
(215) 487-3800Principal Officer
Carl J O'Fria Jr
Main Address
3250 CHAMOUNIX DRIVE, PHILADELPHIA, PA, 19131
Website
www.philahostel.orgNTEE Category
Code: L40Z - Housing
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