Overview
What is Oakland Heritage Community Foundation Inc?
Oakland Heritage Community Foundation Inc is a nonprofit organization situated in Oakland, Maryland, with a specific focus on preserving the culturally significant and historic structures, fixtures, and heritage of the community. Their mission encompasses promoting public education about these cultural and historical aspects, as well as advocating for the revitalization of the downtown area. They achieve this through various means, such as hosting seminars, meetings, exhibits, special events, and distributing informative brochures. The organization's activities include organizing events like Winterfest, summer celebrations, the Little Yough Musical Festival, Pocket Park Movies, and Christmas on Main Street. These events not only serve to entertain but also help raise awareness and support for the preservation of the community's heritage.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Oakland Heritage Community Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance regarding accountability and finance. The organization achieved an 80% score, with its evaluation based entirely on accountability metrics. This rating reflects the foundation's strong governance practices, including a board composed of 100% independent members, which enhances its commitment to transparency and ethical operations.
Strengths of the foundation include its high program expense ratio of 97.98%, signaling that the majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, which illustrates sound financial management. They also have a conflict of interest policy in place and document their board meeting minutes, further demonstrating their dedication to maintaining accountability.
While the overall rating is favorable, it is important for potential donors to continue monitoring the foundation's financial practices and program outcomes to ensure that their contributions are effectively utilized. The organization shows promising governance, but like any nonprofit, ongoing evaluation is crucial for sustained trust and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Oakland Heritage Community Foundation Inc legitimate?
Oakland Heritage Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakland Heritage Community Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Oakland Heritage Community Foundation Inc?
The Oakland Heritage Community Foundation Inc's mission is centered around preserving culturally significant and historic buildings, fixtures, and the community's heritage. The organization strives to educate the public about the cultural and historical aspects of the community and promotes the artistic heritage. They achieve this through various means such as seminars, meetings, exhibits, special events, and brochures. The foundation also aims to enhance the community's education and promote the rejuvenation of the downtown area. They do this by hosting events like Winterfest, summer events, Little Yough Musical Festival, Pocket Park Movies, and Christmas on Main Street.
Who is the CEO of Oakland Heritage Community Foundation Inc?
Margaret Jamison is the Member of Oakland Heritage Community Foundation Inc.
What is the revenue of Oakland Heritage Community Foundation Inc?
Oakland Heritage Community Foundation Inc's revenue in 2023 was $79,921.
Who are the executives of Oakland Heritage Community Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Oakland Heritage Community Foundation Inc?
Oakland Heritage Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Oakland Heritage Community Foundation Inc
The Oakland Heritage Community Foundation Inc is dedicated to preserving culturally significant and historic buildings, fixtures, and the heritage of its community. This nonprofit organization strives to enlighten the public about the cultural and historical aspects of the community, promoting interest in the preservation and revitalization of the downtown area. Through seminars, meetings, exhibits, special events, and brochures, Oakland Heritage Community Foundation Inc aims to educate and engage the community in the conservation of its heritage. Furthermore, the foundation seeks to promote and preserve the artistic heritage of the community, enhancing its overall cultural richness.
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Impact
August, 2024
Oakland Heritage Community Foundation Inc promotes the preservation of culturally significant and historic buildings, fixtures, and heritage in the community. Through activities like seminars, meetings, exhibits, special events, and brochures, the organization educates the public and fosters interest in the preservation and rejuvenation of the downtown area. They organize various events under their Main Street programs, such as Winterfest, summer events, Little Yough Musical Festival, Pocket Park movies, and Christmas on Main Street. Their mission is to enhance education about the community's cultural and historic aspects, as well as to promote and preserve its artistic heritage.
This information is meant to be a general summary of Oakland Heritage Community Foundation 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 2023.
- Investment Income: $640
- Program Service Revenue: $31,976
- Gross Receipts: $82,939
Assets and Liabilities:
- Total Assets: $333,035
- Total Liabilities: $33,330
- Net Assets: $299,705
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAIN STREET EVENTS
Revenue
$27,316
B&O TRAIN STATION
Revenue
$4,660
Organization Details
Founding Year
2010
Phone
(301) 334-2691Principal Officer
Margaret Jamison
Main Address
15 S THIRD STREET, OAKLAND, MD, 21550
NTEE Category
Code: A80 - Arts
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