Overview
What is Historic Beverly Preservation Inc?
Historic Beverly Preservation Inc is a nonprofit organization situated in Beverly, West Virginia. Their primary focus is to preserve historical structures in the town while educating the public about its rich history. They offer support services and cover various expenses associated with maintaining historic buildings, such as utilities, taxes, interest, upkeep, maintenance, and restoration. Their mission is deeply rooted in the preservation of historical structures and the promotion of local history education in Beverly, West Virginia.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's overall performance in terms of accountability and finance. A score of 73 indicates that while there are commendable practices in place, there are also significant areas that require improvement to enhance transparency and governance.
Historic Beverly Preservation Inc exhibits strong governance features, such as a fully independent board and a very good program expense ratio of 94.65%. Additionally, the organization has demonstrated sound financial management with a low liabilities to assets ratio of 15.93%, suggesting a stable financial position. The board members' independence and thorough documentation of meeting minutes further support their commitment to accountability.
However, the organization faces notable shortcomings, particularly in transparency and policy documentation. The absence of key policies, including conflict of interest, whistleblower, and document retention policies, along with the missing website link on tax forms, detracts from their overall rating. These gaps indicate a need for improved governance practices to bolster public trust and organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Beverly Preservation Inc legitimate?
Historic Beverly Preservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Beverly Preservation 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: $15,422
For more financial information, click here
What is the mission statement of Historic Beverly Preservation Inc?
Historic Beverly Preservation Inc is dedicated to the preservation of historic structures and promoting public education about the area's history. Their mission involves maintaining the historical integrity of buildings while educating the community about the town's past. They offer support services and provide information to aid in preservation activities, covering various expenses associated with owning historical buildings. This includes utilities, taxes, interest, upkeep, maintenance, and restoration costs. The organization's efforts aim to preserve the town's rich history for future generations.
Who is the CEO of Historic Beverly Preservation Inc?
Phyllis Baxter is the Board Member of Historic Beverly Preservation Inc.
What is the revenue of Historic Beverly Preservation Inc?
Historic Beverly Preservation Inc's revenue in 2022 was $146,834.
Who are the executives of Historic Beverly Preservation Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Historic Beverly Preservation Inc?
Historic Beverly Preservation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Historic Beverly Preservation Inc
Historic Beverly Preservation Inc is dedicated to preserving historic structures and fostering public education about the area's history in an unspecified town. The organization operates with a mission to safeguard historic buildings and provide information and support services related to preservation activities. This includes covering various expenses associated with the ownership of historical properties, such as utilities, taxes, interest, upkeep, maintenance, and restoration. By doing so, Historic Beverly Preservation Inc aims to ensure the preservation of the town's historical heritage and educate the public about its rich history.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Historic Beverly Preservation Inc significantly influences the community by preserving the rich heritage of Beverly, West Virginia. By focusing on the maintenance and restoration of historic structures, they ensure that the town's architectural legacy is preserved for future generations. This initiative not only protects important landmarks but also fosters a greater appreciation for local history among residents and visitors alike.
Through public education programs, Historic Beverly Preservation Inc actively engages the community, sharing knowledge about the area's history and cultural significance. Their support services facilitate various preservation activities, helping property owners manage the costs associated with maintaining historic buildings, including utilities, taxes, and upkeep. This holistic approach to preservation enhances the quality of life in Beverly, encourages tourism, and promotes community pride in the town's unique heritage. Ultimately, their efforts contribute to the sustainability of Beverly’s historical identity, enriching the cultural fabric of the region.
This information is meant to be a general summary of Historic Beverly Preservation 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 2022.
- Program Service Revenue: $25,734
- Gross Receipts: $153,858
Assets and Liabilities:
- Total Assets: $2,247,399
- Total Liabilities: $358,037
- Net Assets: $1,889,362
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$25,734
Organization Details
Founding Year
2002
Phone
(304) 637-7424Principal Officer
Phyllis Baxter
Main Address
PO BOX 227, BEVERLY, WV, 26253
NTEE Category
Code: A80 - Arts
If you are a representative of Historic Beverly Preservation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.