Overview
What is Preservation League Of New York State?
The Preservation League of New York State is a nonprofit organization situated in Albany, New York, specifically at 44 Central Avenue. Their primary mission revolves around promoting historic preservation as a means to revitalize neighborhoods and communities, honor heritage, and enrich lives. They offer technical preservation services to individuals working to safeguard historic resources. To further their cause, they provide grants and loans for preservation projects and engage in statewide advocacy and award programs designed to protect and highlight New York's most endangered historic resources. Their workforce consists of 8 dedicated individuals.
Official website here: www.preservenys.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Preservation League of New York State has received an overall score of 80%, reflecting a solid commitment to accountability and financial management. The rating is primarily based on its strong performance in governance, with a full score for having an entirely independent board and well-documented policies, including conflict of interest and whistleblower protections. This indicates a transparent and well-structured organization, contributing positively to its credibility.
Despite its strengths in governance, the organization faces challenges in its program expense ratio, which stands at 57.13%. This figure suggests that a relatively smaller portion of its expenditures is directed towards its programs compared to administrative costs. While it does demonstrate a commitment to accountability, potential donors may wish to consider this aspect when evaluating the organization's effectiveness in fulfilling its mission.
Overall, the Preservation League of New York State appears to be a trustworthy nonprofit with robust governance practices. However, it may benefit from focusing on increasing its program expenditures to enhance its impact and effectiveness in preservation efforts across New York State.
This AI summary has been generated from information found on Charity Navigator.
Is Preservation League Of New York State legitimate?
Preservation League Of New York State is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preservation League Of New York State 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: $527,322
For more financial information, click here
Official website here: www.preservenys.org
What is the mission statement of Preservation League Of New York State?
The Preservation League of New York State promotes historic preservation as a means to revitalize neighborhoods and communities, honor our heritage, and enrich our lives. Their mission is accomplished through various activities, such as providing technical preservation services to individuals protecting historic resources, offering grants and loans for preservation projects, and engaging in statewide advocacy and award programs designed to protect and promote New York's most threatened historic resources.
Official website here: www.preservenys.org
Who is the CEO of Preservation League Of New York State?
Jay Dilorenzo is the Vice Chair of Preservation League Of New York State.
Official website here: www.preservenys.org
What is the revenue of Preservation League Of New York State?
Preservation League Of New York State's revenue in 2023 was $1,970,171.
Official website here: www.preservenys.org
Who are the executives of Preservation League Of New York State and what are their salaries?
The average compensation at Preservation League Of New York State during 2023 was $65,915. There are 8 employees at Preservation League Of New York State.
Here are 8 key members and their salaries:
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- Compensation: $121,261
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- Other: $12,384
Official website here: www.preservenys.org
Where can I find the form 990 for Preservation League Of New York State?
Preservation League Of New York State's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.preservenys.org
Learn more at the official website: www.preservenys.org
Mission Statement of Preservation League Of New York State
The Preservation League of New York State is dedicated to championing historic preservation as a means to invigorate our neighborhoods and communities, honor our heritage, and enrich our lives. Through this mission, the organization promotes historic preservation as a powerful tool to breathe new life into our communities, while simultaneously paying tribute to our shared history and elevating our daily experiences.
To achieve its mission, the Preservation League of New York State provides a variety of programs and services. One of its key offerings is technical preservation assistance to individuals and organizations working to safeguard historic resources. Moreover, the league offers grants and loans to support preservation projects, aiming to protect and preserve New York's most endangered historic resources. Additionally, the Preservation League engages in statewide advocacy and award programs, designed to shield and showcase the most vulnerable historic sites across the state. These initiatives collectively serve to preserve our heritage and foster a sense of pride and connection to our past.
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Impact
October, 2024
The Preservation League of New York State plays a crucial role in revitalizing neighborhoods and communities through historic preservation. By promoting the significance of preserving historic resources, it helps honor local heritage and enrich the cultural fabric of the state.
Their impact is evident through various programs that provide technical preservation services to individuals and organizations dedicated to protecting historic sites. Additionally, they offer grants and loans specifically designated for preservation projects, enabling more communities to undertake and complete important restoration efforts. Their statewide advocacy and awards programs draw attention to New York's most threatened historic resources, fostering a broader appreciation and commitment to preservation across the state.
Through these initiatives, the League not only safeguards architectural and cultural landmarks but also enhances community identity and pride, supports local economies, and contributes to a sustainable future.
This information is meant to be a general summary of Preservation League Of New York State. 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 2023.
- Investment Income: $771,976
- Gross Receipts: $2,893,489
Assets and Liabilities:
- Total Assets: $7,332,008
- Total Liabilities: $125,349
- Net Assets: $7,206,659
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Organization Details
Founding Year
1974
Phone
(518) 462-5658Principal Officer
Jay Dilorenzo
Main Address
44 CENTRAL AVENUE, ALBANY, NY, 12206
Website
www.preservenys.orgNTEE Category
Code: A800 - Arts
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