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Preservation Of Historic Winchester Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237404958 ✦ Winchester, VA ✦ Designated as a 501(c)(3)

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Overview

What is Preservation Of Historic Winchester Inc?

Preservation of Historic Winchester Inc is a nonprofit organization situated in Winchester, Virginia, with a focus on preserving the area's cultural and architectural heritage. They achieve this goal through various initiatives, including offering guidance on preservation, hosting educational lectures, and organizing special events for its members throughout the year. The organization's mission is to safeguard the historical charm of the Winchester and Frederick County community, ensuring a high-quality lifestyle for future generations. They strive to do so by engaging the community in the preservation, restoration, and ownership of significant historical sites, buildings, structures, and objects in the Winchester area. The organization can also acquire easements and place covenants on properties of historical and/or architectural value or those that significantly influence properties of historical and/or architectural value.


Official website here: www.phwi.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63% (Two-Star out of Four Star rating)

Preservation Of Historic Winchester Inc has received a Two-Star rating from Charity Navigator, with an overall score of 63% based on its Accountability & Finance performance. This score reflects the nonprofit's commitment to maintaining a majority independent board and its effective governance, evidenced by a perfect score in board independence and material diversion of assets.

However, the organization faces challenges in its financial management, particularly reflected in its program expense ratio, which stands at 54.32%. This suggests that a significant portion of its expenditures may not be directed towards its core mission. Additionally, the absence of a whistleblower policy and document retention guidelines indicates areas for improvement in transparency and operational practices.

Overall, while Preservation Of Historic Winchester Inc demonstrates strong governance and financial accountability, it may need to enhance its focus on programmatic spending and adopt additional policies to strengthen its operational framework.


This AI summary has been generated from information found on Charity Navigator.

Is Preservation Of Historic Winchester Inc legitimate?

Preservation Of Historic Winchester Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preservation Of Historic Winchester 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.phwi.org

What is the mission statement of Preservation Of Historic Winchester Inc?

The Preservation of Historic Winchester Inc is an organization established by community members with the goal of safeguarding the cultural and architectural heritage of its area. Their mission is to encourage the preservation, restoration, and ownership of sites, buildings, structures, and objects that hold significant historical and architectural value. This is done through educational programs and securing easements and covenants on properties that contribute to the historical and architectural character of the community. The organization aims to maintain and improve the charm of the community and ensure a quality of life for future generations, represented by the best of its past.


Official website here: www.phwi.org

Who is the CEO of Preservation Of Historic Winchester Inc?

Bruce Downing is the President of Preservation Of Historic Winchester Inc.


Official website here: www.phwi.org

What is the revenue of Preservation Of Historic Winchester Inc?

Preservation Of Historic Winchester Inc's revenue in 2022 was $76,405.


Official website here: www.phwi.org

Who are the executives of Preservation Of Historic Winchester Inc and what are their salaries?

The average compensation at Preservation Of Historic Winchester Inc during 2022 was $40,000. There is 1 employee and 120 volunteers at Preservation Of Historic Winchester Inc.


Here are 8 key members and their salaries:


Bruce Downing (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Scully Riley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Callie Fitzwater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Gillespie Scully (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Whitacre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Rodgers (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Bosley (Executive Director)
  • Compensation: $40,000
  • Related: $0
  • Other: $0


Official website here: www.phwi.org

Where can I find the form 990 for Preservation Of Historic Winchester Inc?

Preservation Of Historic Winchester Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.phwi.org

Learn more at the official website: www.phwi.org

Mission Statement of Preservation Of Historic Winchester Inc

Preservation of Historic Winchester Inc, established by community members with a shared concern, is dedicated to safeguarding the cultural and architectural heritage of Winchester, Virginia. This nonprofit organization, incorporated under the laws of Virginia, aims to ensure the future of the area's past, thereby maintaining and improving the charm of the community. To achieve this goal, Preservation of Historic Winchester Inc employs an education-focused approach, enlisting support and participation in the preservation, restoration, and ownership of significant sites, buildings, structures, and objects that contribute to Winchester's cultural, social, political, economic, and architectural history. The organization is also authorized to receive easements and place covenants on properties of historic and/or architectural value or those that significantly influence such properties. By preserving its past, Preservation of Historic Winchester Inc aims to ensure a quality of life for future generations, representing the best of Winchester's history.

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Impact




August, 2024

Preservation Of Historic Winchester Inc's impact is significant in safeguarding the heritage of the Winchester and Frederick County community, ensuring a quality of life for future generations that is enriched by the area's rich history. Through its preservation guidance, educational lectures, and membership events, the organization plays a crucial role in maintaining and improving the charm of the community. By enlisting support and participating in the preservation, restoration, and ownership of culturally, socially, politically, economically, and architecturally significant sites, buildings, structures, and objects in the Winchester, Virginia area, Preservation Of Historic Winchester Inc helps to preserve the area's cultural legacy for present and future residents to appreciate and enjoy.




This information is meant to be a general summary of Preservation Of Historic Winchester 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.

Revenue
$76,405 (2022)
Expenses
$66,784 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $40,089
  • Gross Receipts: $98,150

Assets and Liabilities:

  • Total Assets: $854,023
  • Total Liabilities: $968
  • Net Assets: $853,055

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Organization Details

Founding Year

1964

Principal Officer

Bruce Downing

Main Address

530 AMHERST STREET, WINCHESTER, VA, 22601

NTEE Category

Code: A82Z - Arts

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