Overview
What is Falls Village-Canaan Historical Society Inc?
The Falls Village-Canaan Historical Society Inc, located in Falls Village, Connecticut, is a dedicated nonprofit organization. Its primary mission involves both education and charitable work. The society operates a museum in Falls Village, preserving and showcasing local history. Additionally, they produce a quarterly newsletter, keeping members updated on current events. During the summer months, lectures are held at the South Canaan Meeting House, enriching the community with historical insights. Furthermore, the society contributes to the preservation of the Beckley Furnace, ensuring this significant historical site is maintained for future generations.
Official website here: www.fallsvillage-canaanhistoricalsociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Falls Village-Canaan Historical Society Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. With an overall score of 62%, the organization demonstrates some strengths, including a high program expense ratio of 69.53%, suggesting that a significant portion of its resources is dedicated to its charitable programs.
However, the nonprofit faces notable challenges in governance, particularly the absence of independent board members, which scored 0 out of 10 points. Additionally, critical policies such as a whistleblower policy and document retention policy are missing, raising concerns about transparency and accountability. While the organization has a solid liabilities to assets ratio of 0.16% and has taken steps to ensure some level of financial responsibility, these gaps in governance practices are significant limitations that need to be addressed for improved operational integrity.
In summary, while the Falls Village-Canaan Historical Society Inc shows a commitment to its mission through program expenses, it must enhance its governance structure and policies to foster greater trust and transparency among its stakeholders. Addressing these weaknesses will be crucial for the organization to achieve a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Falls Village-Canaan Historical Society Inc legitimate?
Falls Village-Canaan Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Falls Village-Canaan Historical Society 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fallsvillage-canaanhistoricalsociety.org
What is the mission statement of Falls Village-Canaan Historical Society Inc?
The Falls Village-Canaan Historical Society Inc serves a dual purpose, focusing on both education and charitable efforts. Its primary objective is to spread knowledge and promote learning. To achieve this, the society operates a museum, preserving historical artifacts and showcasing them to the public. Additionally, it produces a quarterly newsletter to keep the community informed about current events. During the summer months, the society organizes lectures at the South Canaan Meeting House. Furthermore, the society contributes to the preservation of the Beckley Furnace, a significant historical site. In essence, the Falls Village-Canaan Historical Society Inc is dedicated to educating the public and preserving history, while also extending charitable support where needed.
Official website here: www.fallsvillage-canaanhistoricalsociety.org
Who is the CEO of Falls Village-Canaan Historical Society Inc?
Charles Lemmen is the Director of Falls Village-Canaan Historical Society Inc.
Official website here: www.fallsvillage-canaanhistoricalsociety.org
What is the revenue of Falls Village-Canaan Historical Society Inc?
Falls Village-Canaan Historical Society Inc's revenue in 2022 was $39,616.
Official website here: www.fallsvillage-canaanhistoricalsociety.org
Who are the executives of Falls Village-Canaan Historical Society Inc and what are their salaries?
Here are 17 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
Official website here: www.fallsvillage-canaanhistoricalsociety.org
Where can I find the form 990 for Falls Village-Canaan Historical Society Inc?
Falls Village-Canaan Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fallsvillage-canaanhistoricalsociety.org
Learn more at the official website: www.fallsvillage-canaanhistoricalsociety.org
Mission Statement of Falls Village-Canaan Historical Society Inc
Falls Village-Canaan Historical Society, a nonprofit organization dedicated to educational and charitable activities, fulfills its mission by educating the public and providing support. The society operates a museum in Falls Village, Connecticut, serving as a repository of historical artifacts and knowledge. In addition to maintaining and running the museum, the society also publishes a quarterly newsletter to keep the community informed about current events and historical findings.
During the summer months, Falls Village-Canaan Historical Society organizes lectures at the South Canaan Meeting House, providing a platform for scholars and historians to share their insights and perspectives. Furthermore, the society plays a role in preserving the Beckley Furnace, a historical site of significant cultural and industrial importance. By educating the public and preserving historical artifacts, Falls Village-Canaan Historical Society contributes to a deeper understanding of the past and fosters a sense of community heritage.
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
August, 2024
The Falls Village-Canaan Historical Society Inc plays a crucial role in the preservation and dissemination of local history in Falls Village, CT. Through its educational programs, charity efforts, and operation of a museum, the society ensures that the community remains connected to its rich heritage. Additionally, their quarterly newsletter, summer lectures, and support for the preservation of historical sites like the Beckley Furnace further enrich the cultural landscape of the area. By promoting an appreciation for the arts and history, the Falls Village-Canaan Historical Society Inc leaves a lasting impact on both residents and visitors alike.
This information is meant to be a general summary of Falls Village-Canaan Historical Society 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: $250
- Gross Receipts: $74,465
Assets and Liabilities:
- Total Assets: $1,156,377
- Total Liabilities: $1,900
- Net Assets: $1,154,477
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1971
Phone
(860) 824-7032Principal Officer
Charles Lemmen
Main Address
PO BOX 206, FALLS VILLAGE, CT, 06031
NTEE Category
Code: A82Z - Arts
If you are a representative of Falls Village-Canaan Historical Society 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.