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Cambridge Lighthouse Foundation Inc

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

EIN: 273083123 ✦ Cambridge, MD ✦ Designated as a 501(c)(3)

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Overview

What is Cambridge Lighthouse Foundation Inc?

Cambridge Lighthouse Foundation Inc is a nonprofit organization situated in Cambridge, Maryland. Their primary mission is to preserve and showcase a replica of the historic Choptank River Lighthouse within the city's marina. This endeavor aims to educate the local community about the region's culture and maritime history. The foundation plays an essential role in promoting awareness and appreciation of the area's rich heritage.


Official website here: www.choptankriverlighthouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Cambridge Lighthouse Foundation Inc has achieved a remarkable score of 97% on Charity Navigator, which reflects its strong commitment to accountability and finance. This four-star rating indicates that the organization excels in maintaining high standards of transparency and governance, as evidenced by its 100% independent board members and a well-defined conflict of interest policy.

The foundation demonstrates fiscal responsibility with a program expense ratio of 100%, meaning all its resources are directed towards its charitable programs. It also maintains a low liabilities to assets ratio of 2.14%, ensuring financial stability. The organization's comprehensive policies for whistleblowing and document retention further enhance its governance framework, highlighting its dedication to ethical practices.

While the foundation's financial management and governance are commendable, it's important for potential supporters to consider the specific programs and impact of the charity's work. Overall, the Cambridge Lighthouse Foundation Inc stands out for its strong accountability measures and focused financial management, making it a trustworthy organization for donors and supporters.


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

What do the Facebook reviews say about Cambridge Lighthouse Foundation Inc?

96% of 19 reviewers on Facebook recommend the Cambridge Lighthouse Foundation Inc. Here is a summary of their reviews:

Many visitors have expressed their appreciation for the organization, highlighting the well-maintained facilities and the beautiful views it offers. Individuals have reported a positive experience during their visit, noting the cleanliness and overall atmosphere of the location.

Overall, the sentiment surrounding the nonprofit is overwhelmingly positive, with attendees enjoying their time and recommending it to others.


This AI summary has been generated from reviews found on Facebook.

Is Cambridge Lighthouse Foundation Inc legitimate?

Cambridge Lighthouse Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge Lighthouse 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: $8,333

For more financial information, click here


Official website here: www.choptankriverlighthouse.org

What is the mission statement of Cambridge Lighthouse Foundation Inc?

The Cambridge Lighthouse Foundation Inc's mission is centered around maintaining a replica of the Choptank River Lighthouse, with the primary goal of promoting education about the local area's culture and maritime history. By having this replica in the city's marina, the foundation aims to serve as an educational resource, encouraging the public to learn more about the region's rich maritime past. The foundation's activities are focused on educating visitors and the community about the area's historical and cultural significance.


Official website here: www.choptankriverlighthouse.org

Who is the CEO of Cambridge Lighthouse Foundation Inc?

Nancy Johnson is the Director of Cambridge Lighthouse Foundation Inc.


Official website here: www.choptankriverlighthouse.org

What is the revenue of Cambridge Lighthouse Foundation Inc?

Cambridge Lighthouse Foundation Inc's revenue in 2022 was $37,232.


Official website here: www.choptankriverlighthouse.org

Who are the executives of Cambridge Lighthouse Foundation Inc and what are their salaries?


Here are 11 key members and their salaries:


Reg Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Grier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Philip Feldman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Harrington (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Cowin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chet Mcwilliams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maris Wicker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Hyman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Duffy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.choptankriverlighthouse.org

Where can I find the form 990 for Cambridge Lighthouse Foundation Inc?

Cambridge Lighthouse Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.choptankriverlighthouse.org

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

Mission Statement of Cambridge Lighthouse Foundation Inc

Cambridge Lighthouse Foundation, a nonprofit organization, is dedicated to preserving the region's culture and maritime history. To achieve this, the foundation maintains a replica of the Choptank River Lighthouse in a city marina. This replica serves as an educational tool, drawing attention to the rich maritime heritage of the area. By promoting education through this iconic symbol, the foundation hopes to engage and inspire the community, fostering a deeper appreciation for their past.

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Impact




August, 2024

Cambridge Lighthouse Foundation Inc's impact lies in its dedication to maintaining a replica of the Choptank River lighthouse in the city of Cambridge Marina. This initiative serves to promote education about the area's culture and maritime history, enriching the community's understanding and appreciation of its heritage. Through the preservation of this historical landmark, the foundation contributes to the preservation of local culture and provides a tangible link to the region's past for current and future generations.




This information is meant to be a general summary of Cambridge Lighthouse 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.

Revenue
$37,232 (2022)
Expenses
$18,677 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,217
  • Gross Receipts: $38,152

Assets and Liabilities:

  • Total Assets: $661,338
  • Total Liabilities: $14,180
  • Net Assets: $647,158

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Organization Details

Founding Year

2010

Principal Officer

Nancy Johnson

Main Address

P O BOX 1235, CAMBRIDGE, MD, 21613

NTEE Category

Code: A80 - Arts

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