Overview
What is Buffalo Maritime Center Inc?
Buffalo Maritime Center Inc, situated at 90 Arthur Street, Buffalo, NY, is a nonprofit organization that offers a captivating blend of maritime history and hands-on experiences. Their mission is to provide an opportunity for everyone to immerse in the joy of being on the water, learn about maritime history, and enhance their craftsmanship skills. The center boasts a museum, exhibits, and archives that showcase Buffalo's maritime past, while the boat shop offers space and equipment for personal and community boatbuilding projects, workshops, and historic conservation projects. The educational programming at Buffalo Maritime Center utilizes wooden boatbuilding as a means to teach STEM principles and life skills to students. The organization also maintains a fleet of boats that the public can use to share in the experience of being on the water. With a dedicated team of 18 individuals, Buffalo Maritime Center Inc. aims to preserve and celebrate Buffalo's rich maritime heritage.
Official website here: www.buffalomaritimecenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating.
Buffalo Maritime Center Inc has received a Three-Star rating, indicating a solid performance in accountability and finance. The charity's score is derived solely from its Accountability & Finance metrics, where it achieved a score of 78%. Notably, the organization boasts 100% independent board members, which reflects strong governance practices.
While the charity excels in several areas such as having no material diversion of assets and a favorable liabilities to assets ratio of 6.83%, there are some concerns. The organization lacks key policies, including a whistleblower policy and a document retention and destruction policy, which are critical for transparency and accountability. Additionally, the absence of the tax form on the nonprofit's website may hinder public trust.
Overall, Buffalo Maritime Center Inc demonstrates strengths in governance and financial practices, but improvements in transparency policies are needed to enhance its accountability further. Addressing these limitations could lead to a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo Maritime Center Inc legitimate?
Buffalo Maritime Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Maritime Center 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
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Other Salaries and Wages: $172,373
For more financial information, click here
Official website here: www.buffalomaritimecenter.org
What is the mission statement of Buffalo Maritime Center Inc?
The Buffalo Maritime Center Inc's mission is to offer an enriching experience of being on the water for everyone, while fostering an interest in maritime history. The center achieves this by providing opportunities for personal and community boatbuilding projects, workshops, and historic preservation tasks. The educational programming at the center utilizes wooden boatbuilding as a means to teach STEM principles and life skills to students. Moreover, the Buffalo Maritime Center maintains a fleet of boats that the public can use to share in the joy of being on the water.
Official website here: www.buffalomaritimecenter.org
What is the revenue of Buffalo Maritime Center Inc?
Buffalo Maritime Center Inc's revenue in 2023 was $938,205.
Official website here: www.buffalomaritimecenter.org
Who are the executives of Buffalo Maritime Center Inc and what are their salaries?
The average compensation at Buffalo Maritime Center Inc during 2023 was $12,312. There are 14 employees and 150 volunteers at Buffalo Maritime Center Inc.
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Official website here: www.buffalomaritimecenter.org
Where can I find the form 990 for Buffalo Maritime Center Inc?
Buffalo Maritime Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.buffalomaritimecenter.org
Learn more at the official website: www.buffalomaritimecenter.org
Mission Statement of Buffalo Maritime Center Inc
Buffalo Maritime Center Inc is committed to providing an enriching experience for everyone, allowing them to appreciate the joy of being on the water. Its mission extends beyond this, as it also aims to educate individuals about maritime history and encourage the development of higher levels of craftsmanship. The center achieves this through a variety of programs and activities.
The Buffalo Maritime Center's museum, exhibits, and archives serve as a captivating platform to delve into the compelling story of Buffalo's maritime past. The boat shop offers space and equipment for both personal and community boatbuilding projects, workshops, and historic conservation and restoration projects. This not only preserves the city's maritime heritage but also provides opportunities for individuals to engage in hands-on learning and skill development.
Furthermore, Buffalo Maritime Center Inc utilizes wooden boatbuilding as a tool for educational programming. This unique approach enables students to apply STEM principles and life skills, fostering a well-rounded learning experience. The center also maintains a fleet of its own boats, which are open for public use, giving individuals the chance to share in the experience of being on the water. By providing these diverse opportunities, Buffalo Maritime Center Inc successfully fulfills its mission of offering an engaging experience, fostering historical knowledge, and encouraging craftsmanship development.
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Impact
July, 2024
Buffalo Maritime Center Inc provides a unique opportunity for people to experience the joy of being on the water, learn maritime history, and enhance their craftsmanship skills. Through its museum, exhibits, and archives, the organization brings to life the compelling story of Buffalo's maritime history. The boat shop offers space and equipment for personal and community boatbuilding projects, workshops, and historical conservation and restoration efforts. In addition, the educational programming uses wooden boatbuilding as a tool for students to learn and practice STEM principles and life skills. The center also maintains a fleet of boats for public use, enabling individuals to share the experience of being on the water. Through its diverse activities, Buffalo Maritime Center Inc enriches the community by promoting recreation, education, and maritime heritage.
This information is meant to be a general summary of Buffalo Maritime Center 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: $3,047
- Program Service Revenue: $87,926
- Gross Receipts: $938,205
Assets and Liabilities:
- Total Assets: $1,301,527
- Total Liabilities: $88,986
- Net Assets: $1,212,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY RENTAL
Revenue
$87,926
Organization Details
Founding Year
2010
Principal Officer
Dave Rodgers
NTEE Category
Code: N67 - Recreation
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