Overview
What is Society For The Preservation Of Historic Oakwood?
The Society for the Preservation of Historic Oakwood is a dedicated nonprofit organization situated in Raleigh, North Carolina. Its primary objective is to celebrate and amplify the historical significance of Oakwood for its local residents, as well as the broader community of the state. Recognizing the importance of preserving this rich heritage, the society strives to shield Oakwood from decay caused by neglect, apathy, or carelessness. They accomplish this through various initiatives, including the popular Candlelight Tour and Snow Ball event, which engage and educate the community about their shared history.
Official website here: www.historicoakwood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Society For The Preservation Of Historic Oakwood has received an 83% rating, indicating a solid performance in accountability and finance. The rating is solely based on the Accountability & Finance score, which reflects a strong commitment to responsible financial practices. The organization boasts a fully independent board, with all 16 members meeting this criterion, and has no reported diversion of assets.
Strengths noted include the presence of a comprehensive document retention policy and timely documentation of board meeting minutes. Additionally, the program expense ratio is commendable at 73.83%, suggesting that a significant portion of funds is directed towards its mission. However, the absence of a conflict of interest policy and a whistleblower policy are significant gaps that could impact governance effectiveness.
Overall, while the Society For The Preservation Of Historic Oakwood demonstrates strong financial accountability, addressing the noted governance deficiencies could enhance its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Society For The Preservation Of Historic Oakwood legitimate?
Society For The Preservation Of Historic Oakwood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society For The Preservation Of Historic Oakwood 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.
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Official website here: www.historicoakwood.org
What is the mission statement of Society For The Preservation Of Historic Oakwood?
The Society for the Preservation of Historic Oakwood is dedicated to acknowledging and advocating for the historical significance of Oakwood. This organization aims to protect Oakwood from deterioration due to negligence, indifference, or carelessness. The Society's mission is to value Oakwood not only for its local residents but also for the citizens of Raleigh and the people of North Carolina as a whole. To achieve this, they organize events such as the Candlelight Tour and Snow Ball. These events not only celebrate Oakwood's history but also help raise awareness and support for its preservation.
Official website here: www.historicoakwood.org
Who is the CEO of Society For The Preservation Of Historic Oakwood?
Naudain L Machen is the President of Society For The Preservation Of Historic Oakwood.
Official website here: www.historicoakwood.org
What is the revenue of Society For The Preservation Of Historic Oakwood?
Society For The Preservation Of Historic Oakwood's revenue in 2022 was $131,057.
Official website here: www.historicoakwood.org
Who are the executives of Society For The Preservation Of Historic Oakwood and what are their salaries?
There 16 volunteers at Society For The Preservation Of Historic Oakwood.
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Official website here: www.historicoakwood.org
Where can I find the form 990 for Society For The Preservation Of Historic Oakwood?
Society For The Preservation Of Historic Oakwood's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.historicoakwood.org
Learn more at the official website: www.historicoakwood.org
Mission Statement of Society For The Preservation Of Historic Oakwood
The Society for the Preservation of Historic Oakwood is dedicated to upholding and showcasing the historical significance of Oakwood to its local residents, the citizens of Raleigh, and the people of North Carolina. Beyond recognition and promotion, this nonprofit organization works tirelessly to safeguard Oakwood from deterioration due to neglect, indifference, or carelessness. Their mission extends beyond preservation, as they strive to foster a sense of appreciation for this historic area and its rich history. The Society for the Preservation of Historic Oakwood accomplishes this through various programs, such as the annual Candlelight Tour and Snow Ball event, which aim to celebrate Oakwood's heritage and inspire a sense of pride in its community.
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Impact
October, 2024
The Society for the Preservation of Historic Oakwood significantly enriches the cultural and historical fabric of the Oakwood neighborhood and its wider community in Raleigh, NC. By recognizing and promoting the historic value of Oakwood, it fosters a deep appreciation among residents and visitors alike for the area's architectural and cultural heritage.
Through initiatives like the Candlelight Tour and the Snow Ball event, the organization engages the public in meaningful ways, encouraging participation and raising awareness of Oakwood's unique history. These programs not only highlight the aesthetic beauty of the neighborhood but also draw attention to the importance of preservation, combating neglect and indifference that could lead to deterioration.
As a result, the Society plays a crucial role in maintaining and celebrating the historical integrity of Oakwood, ensuring that its legacy is cherished and passed down through generations. This commitment to preservation positively impacts community pride and promotes a sense of belonging among residents, while also attracting visitors who appreciate the historical significance of the area.
This information is meant to be a general summary of Society For The Preservation Of Historic Oakwood. 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: $501
- Gross Receipts: $131,057
Assets and Liabilities:
- Total Assets: $598,945
- Total Liabilities: $0
- Net Assets: $598,945
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Organization Details
Founding Year
1972
Phone
(919) 834-6003Principal Officer
Naudain L Machen
Main Address
PO Box 27283, Raleigh, NC, 276117283
Website
www.historicoakwood.orgNTEE Category
Code: A80 - Arts
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