Overview
What is Georgetown Heritage?
Georgetown Heritage is a nonprofit organization situated in Washington, D.C., specifically at 1000 Potomac Street, DC 20007. Their primary mission is to champion and showcase the rich historical heritage of Georgetown, a district in Washington, D.C. They collaborate with the National Park Service to enhance historical sites, establish information centers, and restore significant attractions, such as the C&O Canal and Barge in Georgetown. With a dedicated workforce of 5 individuals, Georgetown Heritage plays a vital role in preserving and sharing the area's historical past, contributing to the community's cultural identity.
Official website here: www.georgetownheritage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating. This rating indicates that Georgetown Heritage has areas for improvement, particularly in its financial transparency and documentation practices, which are critical for accountability.
The organization has a strong governance structure, with 100% of board members being independent and a well-sized board. This reflects a commitment to ethical oversight and conflict-of-interest management. Positive scores were also noted for the presence of essential policies such as whistleblower and document retention policies, which enhance operational integrity.
However, Georgetown Heritage received no points for financial statements, indicating a lack of public access to important financial documents, which diminishes transparency. Additionally, while the program expense ratio is commendable at 63.04%, better financial reporting could help increase overall trust and engagement from the public and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Georgetown Heritage legitimate?
Georgetown Heritage is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgetown Heritage 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: $159,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,326
For more financial information, click here
Official website here: www.georgetownheritage.org
What is the mission statement of Georgetown Heritage?
Georgetown Heritage's mission is centered around promoting and showcasing the historical significance of Georgetown, a district in Washington D.C. They collaborate with the National Park Service to enhance historical sites, establish information centers, and work towards restoring the C&O Canal and Barge in Georgetown. Their primary goal is to preserve and present the area's rich history to a wider audience.
Official website here: www.georgetownheritage.org
Who is the CEO of Georgetown Heritage?
Jennifer Altemus Romm is the Ceo of Georgetown Heritage. The CEO's salary of Georgetown Heritage is $144,615 and their total compensation is $153,194.
Official website here: www.georgetownheritage.org
What is the revenue of Georgetown Heritage?
Georgetown Heritage's revenue in 2022 was $1,333,687.
Official website here: www.georgetownheritage.org
Who are the executives of Georgetown Heritage and what are their salaries?
The average compensation at Georgetown Heritage during 2022 was $75,514. There are 5 employees at Georgetown Heritage.
Here are 10 key members and their salaries (Georgetown Heritage's CEO's salary is $144,615 and their total compensation is $153,194):
- Compensation: $144,615
- Related: $0
- Other: $8,579
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.georgetownheritage.org
Where can I find the form 990 for Georgetown Heritage?
Georgetown Heritage's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.georgetownheritage.org
Learn more at the official website: www.georgetownheritage.org
Mission Statement of Georgetown Heritage
Georgetown Heritage, a dedicated organization, works tirelessly to preserve and showcase the rich history of Georgetown in Washington, D.C. In line with its mission, it collaborates with the National Park Service to enhance historical sites, establish information centers, and spearhead the restoration of the C&O Canal and Barge in Georgetown. The aim is to educate and engage the public in the area's heritage, creating a deep appreciation for its historical significance. Georgetown Heritage's efforts contribute to the preservation of the past, ensuring that future generations can continue to learn and be inspired by the stories and traditions of this storied neighborhood.
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Impact
October, 2024
Georgetown Heritage significantly impacts the preservation and promotion of Georgetown's rich history in Washington, DC. By collaborating with the National Park Service, the organization enhances historical areas, ensuring that the cultural legacy of Georgetown is both accessible and engaging for residents and visitors alike. Their efforts include the establishment of information centers that provide educational resources and context about the area’s historical significance.
Moreover, Georgetown Heritage plays a crucial role in the restoration and revitalization of the Chesapeake and Ohio Canal (C&O Canal) and the historic Barge. These initiatives not only help to maintain the physical infrastructure of these historic sites but also foster a deeper appreciation for Georgetown’s unique heritage. The organization's commitment to community improvement through historical engagement and preservation enhances local identity and promotes civic pride, making Georgetown a more vibrant and historically informed community.
This information is meant to be a general summary of Georgetown Heritage. 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: $71
- Program Service Revenue: $316,015
- Gross Receipts: $1,333,687
Assets and Liabilities:
- Total Assets: $2,618,223
- Total Liabilities: $152,439
- Net Assets: $2,465,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Boat Operations
Revenue
$316,015
Organization Details
Founding Year
2014
Principal Officer
Jennifer Altemus Romm
Main Address
1000 Potomac Street, Washington, DC, 20007
Website
www.georgetownheritage.orgNTEE Category
Code: S20 - Community improvement
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