Overview
What is Preservation Worcester Inc?
Preservation Worcester Inc is a nonprofit organization situated in Worcester, Massachusetts, with a focus on historic preservation and appreciation. The organization's primary mission is to promote and encourage the conservation of the city's cultural, historical, and architectural heritage. This is achieved through various means, including preserving significant sites, structures, and artifacts, conducting research, surveys, and inventories, organizing educational programs and lectures, and collaborating with planning agencies and concerned citizens. With a staff of five, Preservation Worcester Inc aims to foster an appreciation of Worcester's heritage while adhering to the laws of Massachusetts.
Official website here: www.preservationworcester.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Preservation Worcester Inc has received a Two-Star rating, indicating a moderate level of performance according to Charity Navigator. This rating reflects an Accountability & Finance score of 69, which suggests that while the organization has strong areas, such as having a fully independent board and no material diversion of assets, there are critical gaps in governance policies that need addressing.
The organization demonstrates a solid commitment to its financial health, with a program expense ratio of approximately 73%, indicating that a significant majority of its expenses are directed towards its programs. However, the absence of essential governance policies, including conflict of interest and whistleblower policies, poses concerns regarding operational transparency and accountability.
Additionally, the organization has not posted its tax forms on its website, which could limit accessibility for supporters seeking to understand its financial status. While it performs well in certain areas, the lack of crucial policies and transparency measures highlights areas for improvement that could enhance its overall rating and stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Preservation Worcester Inc legitimate?
Preservation Worcester Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preservation Worcester 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: $106,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,232
For more financial information, click here
Official website here: www.preservationworcester.org
What is the mission statement of Preservation Worcester Inc?
Preservation Worcester Inc is established with the primary objective of promoting historic preservation and appreciation. The organization is solely dedicated to pursuing purposes such as antiquarian, educational, historical, literary, artistic, and monumental endeavors. It ensures that no individual benefits from its net earnings, and it does not engage in propaganda or attempts to influence legislation. The organization's activities include preserving sites, structures, and artifacts significant to the city's culture, history, and architecture. It carries out research, surveys, inventories, public educational programs, and lectures to further its cause. Additionally, Preservation Worcester Inc collaborates with planning agencies and concerned citizens in an effort to preserve and appreciate the city's heritage, all in accordance with the laws of Massachusetts.
Official website here: www.preservationworcester.org
Who is the CEO of Preservation Worcester Inc?
Deborah Packard is the Assistant Treasurer of Preservation Worcester Inc.
Official website here: www.preservationworcester.org
What is the revenue of Preservation Worcester Inc?
Preservation Worcester Inc's revenue in 2022 was $1,599,066.
Official website here: www.preservationworcester.org
Who are the executives of Preservation Worcester Inc and what are their salaries?
The average compensation at Preservation Worcester Inc during 2022 was $38,914. There are 5 employees and 100 volunteers at Preservation Worcester Inc.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $106,340
- Related: $0
- Other: $0
Official website here: www.preservationworcester.org
Where can I find the form 990 for Preservation Worcester Inc?
Preservation Worcester Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preservationworcester.org
Learn more at the official website: www.preservationworcester.org
Mission Statement of Preservation Worcester Inc
Preservation Worcester Inc is an organization dedicated to the sole pursuit of historic preservation, antiquarian, educational, historical, literary, artistic, and monumental purposes. Its mission is to promote and encourage the preservation and appreciation of Worcester's heritage. This is achieved through various means, including preserving significant sites, structures, and artifacts that contribute to the city's culture, history, and architecture. The organization also engages in research, surveys, inventories, public educational programs, and lectures. Furthermore, Preservation Worcester Inc collaborates with planning agencies and concerned citizens to further its objectives, as permitted under the laws of Massachusetts. Its goal is to protect and celebrate the city's rich historical legacy, ensuring it continues to be appreciated and valued for generations to come.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Preservation Worcester Inc significantly enhances the cultural and historical landscape of the city by advocating for the preservation of its architectural heritage. Its dedicated efforts focus on identifying and protecting sites, structures, and artifacts that embody Worcester's unique history and character.
Through comprehensive research, surveys, and inventories, the organization systematically catalogs and evaluates the city's historic assets, ensuring that important narratives are not lost to time. By organizing public educational programs and lectures, Preservation Worcester promotes awareness and appreciation of the city's heritage among residents and visitors alike, fostering a deeper connection to the community's past.
Moreover, by collaborating with local planning agencies and citizens, Preservation Worcester plays a crucial role in shaping policies and projects that respect and integrate the city’s historical identity. This collaborative approach not only revitalizes interest in Worcester's historic buildings but also enhances the overall aesthetic and cultural vitality of the area.
In essence, Preservation Worcester Inc enriches the community by safeguarding its historical treasures, educating the public, and cultivating a sense of pride in Worcester's rich heritage.
This information is meant to be a general summary of Preservation Worcester 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: $430,106
- Program Service Revenue: $270
- Gross Receipts: $1,863,075
Assets and Liabilities:
- Total Assets: $2,609,509
- Total Liabilities: $18,785
- Net Assets: $2,590,724
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$270
Organization Details
Founding Year
1969
Phone
(508) 754-8760Principal Officer
Deborah Packard
Main Address
61 HARVARD STREET, WORCESTER, MA, 01609
NTEE Category
Code: A82Z - Arts
If you are a representative of Preservation Worcester Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.