Overview
What is Erie Canalway Heritage Fund Inc?
Erie Canalway Heritage Fund Inc, based in Waterford, New York, is a dedicated nonprofit organization with a mission to preserve the rich heritage of the Erie Canal Corridor. They strive to promote the corridor as a renowned tourist destination, attracting visitors worldwide. Furthermore, the organization works towards fostering vibrant communities that are interconnected through this historic waterway. With a team of eight committed individuals, they aim to conserve the canal's extraordinary heritage and contribute to the region's growth and development.
Official website here: www.eriecanalway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Erie Canalway Heritage Fund Inc has achieved an impressive 96% rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. This score is based on a comprehensive evaluation of the organization's financial practices and governance, indicating a high level of transparency and responsible management of resources.
One of the key strengths highlighted is the organization's board governance, with 100% independent members, ensuring unbiased decision-making. Additionally, the fund maintains an excellent program expense ratio of 89.10%, which demonstrates that the majority of its resources are directed towards its mission rather than administrative costs. This focus on programmatic spending reinforces the fund's commitment to its objectives.
While the data reflects robust fiscal health and governance practices, no specific limitations or areas for improvement were noted in the information provided. Overall, the Erie Canalway Heritage Fund Inc stands out as a well-managed nonprofit with a clear focus on accountability and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Erie Canalway Heritage Fund Inc?
92% of 24 reviewers on Facebook recommend the Erie Canalway Heritage Fund Inc. Here's a summary of their reviews:
Many people appreciate the combination of natural beauty and rich history that the organization promotes. Reviewers highlight the charming towns and villages along the canal, which offer a blend of unforgettable characters from both historical and modern times. This emphasis on cultural and scenic experiences has resonated positively with visitors.
Overall, supporters express a strong satisfaction with the mission of the Erie Canalway Heritage Fund, noting that it effectively showcases the unique heritage and environmental beauty of the area. The nonprofit seems to successfully engage people with its activities and educational initiatives related to the Erie Canal, reinforcing its value to the community.
This AI summary has been generated from reviews found on Facebook.
Is Erie Canalway Heritage Fund Inc legitimate?
Erie Canalway Heritage Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erie Canalway Heritage Fund 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: $183,655
Professional Fundraising Fees: $0
Other Salaries and Wages: $427,361
For more financial information, click here
Official website here: www.eriecanalway.org
What is the mission statement of Erie Canalway Heritage Fund Inc?
The Erie Canalway Heritage Fund Inc is committed to preserving the extraordinary heritage of the canal corridor, promoting it as a world-class tourist destination, and fostering vibrant communities connected by the waterway. By prioritizing the preservation of the canal corridor's heritage, the organization aims to enhance its appeal as a tourist attraction. Furthermore, the Fund's mission encompasses the development of thriving communities along the waterway, thereby fostering a strong connection between the canal and its surrounding areas.
Official website here: www.eriecanalway.org
Who is the CEO of Erie Canalway Heritage Fund Inc?
Judy Mckinney Cherry is the Chair of Erie Canalway Heritage Fund Inc.
Official website here: www.eriecanalway.org
What is the revenue of Erie Canalway Heritage Fund Inc?
Erie Canalway Heritage Fund Inc's revenue in 2022 was $1,735,621.
Official website here: www.eriecanalway.org
Who are the executives of Erie Canalway Heritage Fund Inc and what are their salaries?
The average compensation at Erie Canalway Heritage Fund Inc during 2022 was $76,377. There are 8 employees at Erie Canalway Heritage Fund Inc.
Here are 15 key members and their salaries:
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Official website here: www.eriecanalway.org
Where can I find the form 990 for Erie Canalway Heritage Fund Inc?
Erie Canalway Heritage Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eriecanalway.org
Learn more at the official website: www.eriecanalway.org
Mission Statement of Erie Canalway Heritage Fund Inc
Erie Canalway Heritage Fund, Inc., strives to safeguard the exceptional heritage of the Canal Corridor, promote it as a globally renowned tourist destination, and foster lively communities interconnected by the waterway. In essence, the nonprofit organization is dedicated to preserving the historical significance of the Canal Corridor, boosting tourism within the area, and fostering thriving communities that are linked by the waterway. By doing so, Erie Canalway Heritage Fund, Inc., aims to uplift the region and entice visitors from around the world to explore its rich heritage.
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Impact
October, 2024
Erie Canalway Heritage Fund Inc significantly impacts the preservation and promotion of the Erie Canal corridor, a vital historical and cultural asset. By safeguarding the unique heritage of this waterway, the Fund not only protects its historical significance but also enhances its appeal as a premier tourism destination. This focus on tourism helps to draw visitors to the area, fostering economic growth and revitalizing local communities connected by the canal.
The Fund actively develops initiatives that promote vibrant communities along the corridor, encouraging local engagement and participation in preserving the canal's legacy. This effort cultivates a sense of pride among residents and creates opportunities for community improvement through tourism-related activities and events. Overall, the Erie Canalway Heritage Fund Inc plays a crucial role in both conserving an essential piece of history and stimulating economic development through heritage tourism.
This information is meant to be a general summary of Erie Canalway Heritage Fund 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.
- Program Service Revenue: $6,427
- Gross Receipts: $1,735,621
Assets and Liabilities:
- Total Assets: $746,004
- Total Liabilities: $342,671
- Net Assets: $403,333
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$6,427
Organization Details
Founding Year
2006
Phone
(518) 237-7000Principal Officer
Judy Mckinney Cherry
Main Address
PO BOX 219, WATERFORD, NY, 12188
Website
www.eriecanalway.orgNTEE Category
Code: S30 - Community improvement
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