Overview
What is The 1833 Society?
The 1833 Society is a philanthropic organization situated in Peterborough, New Hampshire. Their primary objective is to amass funds for the construction and establishment of a new library within the town. After completing the construction of the new library in September 2021, the society continues to contribute funds to the Peterborough Library Trustees to ensure the project's completion. The 1833 Society actively participates in the betterment of their community by investing in the development of essential educational resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47% (Zero-Star out of Four Star rating)
The 1833 Society has received a low rating of 47% from Charity Navigator, which translates to a Zero-Star rating. This score is derived solely from its Accountability & Finance metrics, indicating that the organization has significant challenges in this area. While it does exhibit strengths in board independence and governance, the overall financial health and program spending reflect substantial weaknesses.
The organization boasts a fully independent board of directors, with all 10 members being independent and actively documenting board meeting minutes. Additionally, The 1833 Society has established policies regarding conflicts of interest and whistleblower protections, which are positive indicators of governance practices. However, despite these strengths, the charity has a concerning accountability ratio, particularly with a 0.00% program expense ratio, suggesting that funds may not be directed effectively towards its programs.
Overall, while The 1833 Society demonstrates good governance practices, its financial accountability is lacking, raising questions about its operational efficiency and the impact of its programs. Potential donors and supporters may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The 1833 Society legitimate?
The 1833 Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 1833 Society submitted a form 990EZ, 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.
What is the mission statement of The 1833 Society?
The 1833 Society's mission is centered around fundraising for the purpose of designing and constructing a new library. After completing the construction of the library in Peterborough, NH in September 2021, the society continues its mission by transferring funds to the library trustees to aid in completing the project. In essence, the society is dedicated to contributing to the development and completion of a new library facility.
Who is the CEO of The 1833 Society?
Carl Mabbszeno is the Treasurer of The 1833 Society.
What is the revenue of The 1833 Society?
The 1833 Society's revenue in 2022 was $15,357.
Who are the executives of The 1833 Society and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990EZ for The 1833 Society?
The 1833 Society's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The 1833 Society
The 1833 Society is an organization dedicated to raising funds for a noble cause: designing and constructing a new library in a town. Their primary mission is to contribute financially towards the creation of this new library, demonstrating their commitment to the community's educational and informational needs. After completing the construction of the new library in Peterborough, NH, in September 2021, the society continued its support by transferring funds to the Peterborough Library Trustees to aid in the project's completion. This philanthropic organization plays a crucial role in ensuring the availability of a modern library facility, contributing to the overall betterment of the community.
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Impact
August, 2024
The 1833 Society's impact can be seen in the successful completion of the new library for the town of Peterborough, NH. By raising funds and actively participating in the design and construction of the library, the society has provided the community with a valuable resource. Through their efforts, they have contributed to the enhancement of educational opportunities and access to information for the residents of Peterborough and beyond. The completion of the new library in September 2021 stands as a testament to the society's dedication to their mission and their commitment to serving the community.
This information is meant to be a general summary of The 1833 Society. 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.
- Investment Income: $357
- Gross Receipts: $15,357
Assets and Liabilities:
- Total Assets: $9,994
- Total Liabilities: $0
- Net Assets: $9,994
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Organization Details
Phone
(603) 924-4178Principal Officer
Carl Mabbszeno
Main Address
2 CONCORD STREET, PETERBOROUGH, NH, 03458
NTEE Category
Code: B197 - Education
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