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Friends Of The Dayton Arcade

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

EIN: 261869828 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Dayton Arcade?

Friends of the Dayton Arcade is a dedicated nonprofit organization based in Baltimore, Maryland. Their primary mission is to safeguard and maintain the historical significance of the Dayton Arcade, a notable building located in Dayton, Ohio. By promoting, protecting, and preserving the Dayton Arcade, they aim to ensure its continued existence as a cultural and architectural landmark. The organization's activities and mission revolve around this central goal.


Official website here: www.arcadedayton.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 73%)

Friends Of The Dayton Arcade has been rated with a "Needs Improvement" designation and a two-star rating, indicating some concerns regarding accountability and transparency. The overall score of 73% reflects strengths in having a fully independent board and a commendable program expense ratio of 90.47%, suggesting that a significant portion of their expenditures is directed toward their programs.

However, the organization faces notable limitations, particularly in its financial reporting and documentation practices. They have not provided financial statements or posted their tax form on their website, which detracts from their accountability score. Additionally, the absence of a whistleblower policy and a document retention policy raises further questions about their governance practices.

While the organization has demonstrated positive aspects in its board composition and program spending, the lack of essential financial disclosures and policies may hinder trust among potential donors and stakeholders. Addressing these areas will be crucial for improving their overall rating and enhancing their transparency.


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

Is Friends Of The Dayton Arcade legitimate?

Friends Of The Dayton Arcade is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Dayton Arcade 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.arcadedayton.com

What is the mission statement of Friends Of The Dayton Arcade?

Friends of the Dayton Arcade's mission is centered around promoting, safeguarding, and preserving the historical integrity of a notable set of buildings, known as the Dayton Arcade, located in an undisclosed location. Their primary objective is to ensure the preservation of these buildings' historical value, maintaining their original character and essence. The organization's activities involve advocating for the protection of these landmarks, ensuring they remain an integral part of the community's history and culture.


Official website here: www.arcadedayton.com

Who is the CEO of Friends Of The Dayton Arcade?

Bill Struever is the President of Friends Of The Dayton Arcade.


Official website here: www.arcadedayton.com

What is the revenue of Friends Of The Dayton Arcade?

Friends Of The Dayton Arcade's revenue in 2022 was $1,095,148.


Official website here: www.arcadedayton.com

Who are the executives of Friends Of The Dayton Arcade and what are their salaries?

There 10 volunteers at Friends Of The Dayton Arcade.


Here are 3 key members and their salaries:


Bill Struever (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gower (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Baron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arcadedayton.com

Where can I find the form 990 for Friends Of The Dayton Arcade?

Friends Of The Dayton Arcade's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.arcadedayton.com

Learn more at the official website: www.arcadedayton.com

Mission Statement of Friends Of The Dayton Arcade

Friends of the Dayton Arcade is dedicated to safeguarding and preserving the historical significance of the Dayton Arcade buildings, located in Dayton, Ohio. Their mission is multifaceted, encompassing promotion, protection, and preservation of the arcade's historic integrity. This nonprofit organization works tirelessly to maintain the architectural and cultural value of these iconic buildings, ensuring they continue to stand as a testament to the city's past and future. By undertaking such efforts, Friends of the Dayton Arcade contributes significantly to the community's rich heritage, ensuring that future generations can appreciate and learn from this historical landmark.

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Impact




October, 2024

Friends Of The Dayton Arcade significantly impacts the preservation and revitalization of a crucial historical landmark in Dayton, Ohio. By focusing on promoting, protecting, and preserving the historic integrity of the Dayton Arcade, this initiative not only safeguards an architectural treasure but also fosters community engagement and cultural heritage.

The organization plays a vital role in raising awareness about the importance of the Arcade, encouraging local support and participation. This involvement cultivates a sense of pride among residents and visitors, highlighting the Arcade's historical and cultural significance. Furthermore, the initiative contributes to economic development in the area by attracting tourism and supporting local businesses, thereby enhancing the overall vitality of the community.

Through advocacy, educational programs, and collaborative efforts with stakeholders, Friends Of The Dayton Arcade continues to inspire renewed interest and investment in the historic site, ensuring that it remains a vibrant part of Dayton's identity for future generations.




This information is meant to be a general summary of Friends Of The Dayton Arcade. 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
$1,095,148 (2022)
Expenses
$305,027 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $206,148
  • Gross Receipts: $1,095,148

Assets and Liabilities:

  • Total Assets: $1,811,531
  • Total Liabilities: $2,030
  • Net Assets: $1,809,501

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

VENDOR FEE REVENUE

Revenue

$127,317

INTEREST INCOME

Revenue

$62,517

LIQUOR SALES REVENUE

Revenue

$16,314

Organization Details

Founding Year

2007

Principal Officer

Bill Struever

Main Address

2101 E BIDDLE STREET SUITE 1201, BALTIMORE, MD, 21213

NTEE Category

Code: A80 - Arts

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