Overview
What is Swedish Historical Society Of Rockford?
The Swedish Historical Society of Rockford is a small, dedicated nonprofit organization based in Rockford, Illinois. Established with a mission to preserve Swedish historical structures, culture, and artifacts, they operate a museum and cultural center. Their primary focus involves the conservation and showcasing of Swedish heritage, providing valuable insights into the Swedish community's past and traditions. With a single employee, the society is committed to its mission and continues its operations to enrich and educate the community about Swedish history.
Official website here: www.swedishhistorical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
The Swedish Historical Society of Rockford has received a low rating of 57%, indicating concerns regarding its financial accountability and transparency. While the organization boasts a fully independent board and has established various governance policies, the lack of posted tax forms on its website negatively impacts its overall score. Such transparency is critical for building trust with donors and stakeholders.
The society does show strengths in certain areas, such as having no material diversion of assets and maintaining a high percentage of independent board members. This suggests a commitment to ethical governance and accountability in decision-making processes. However, the program expense ratio of 41.82% raises questions about the efficiency and allocation of funds towards its mission.
Overall, while the Swedish Historical Society demonstrates some solid governance practices, the deficiencies in financial transparency and program expenditure efficiency are significant drawbacks. Addressing these issues could enhance its rating and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Swedish Historical Society Of Rockford legitimate?
Swedish Historical Society Of Rockford is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swedish Historical Society Of Rockford 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: $31,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.swedishhistorical.org
What is the mission statement of Swedish Historical Society Of Rockford?
The Swedish Historical Society of Rockford's mission is centered around preserving Swedish historical structures, culture, and artifacts. They achieve this objective through the operation of a museum and cultural center. The society's primary aim is to safeguard and showcase the rich historical heritage of Swedish culture, ensuring it continues to be celebrated and understood by future generations. The organization operates a museum and cultural center, serving as a platform to exhibit and conserve artifacts, hosting educational programs, and encouraging cultural exchange.
Official website here: www.swedishhistorical.org
Who is the CEO of Swedish Historical Society Of Rockford?
Alix Fox is the President of Swedish Historical Society Of Rockford.
Official website here: www.swedishhistorical.org
What is the revenue of Swedish Historical Society Of Rockford?
Swedish Historical Society Of Rockford's revenue in 2022 was $76,913.
Official website here: www.swedishhistorical.org
Who are the executives of Swedish Historical Society Of Rockford and what are their salaries?
The average compensation at Swedish Historical Society Of Rockford during 2022 was $31,590. There is 1 employee and 14 volunteers at Swedish Historical Society Of Rockford.
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- Compensation: $49,935
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Official website here: www.swedishhistorical.org
Where can I find the form 990 for Swedish Historical Society Of Rockford?
Swedish Historical Society Of Rockford's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swedishhistorical.org
Learn more at the official website: www.swedishhistorical.org
Mission Statement of Swedish Historical Society Of Rockford
The Swedish Historical Society of Rockford is dedicated to preserving the historical structures, culture, and artifacts of Swedish heritage. This is accomplished through the operation of a museum and cultural center. The society's mission is to safeguard and showcase the rich history and traditions of the Swedish community, ensuring that future generations can appreciate and learn from this valuable heritage. By maintaining a museum and cultural center, the Swedish Historical Society of Rockford serves as a vital repository of Swedish artifacts and history, providing a space for education, exploration, and celebration of this unique culture.
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Impact
August, 2024
The Swedish Historical Society of Rockford has made a significant impact on the preservation and promotion of Swedish historical structures, culture, and artifacts through its museum and cultural center operations. By actively safeguarding and showcasing Swedish heritage in Rockford, IL, the society plays a crucial role in connecting present generations with their past, fostering cultural understanding and appreciation. The society's dedication to preserving and sharing Swedish history contributes to the enrichment of the community and helps maintain a vibrant cultural identity.
This information is meant to be a general summary of Swedish Historical Society Of Rockford. 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: $51,701
- Program Service Revenue: $177
- Gross Receipts: $245,599
Assets and Liabilities:
- Total Assets: $2,707,641
- Total Liabilities: $5,684
- Net Assets: $2,701,957
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS/TOURS
Revenue
$177
Organization Details
Founding Year
1950
Phone
(815) 963-5559Principal Officer
Alix Fox
Main Address
404 S THIRD STREET, ROCKFORD, IL, 61104
Website
www.swedishhistorical.orgNTEE Category
Code: A230 - Arts
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