The Loudoun Agricultural & Chemical Institute 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: 311146501 ✦ Aldie, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Loudoun Agricultural & Chemical Institute Foundation Inc?

The Loudoun Agricultural & Chemical Institute Foundation Inc is a nonprofit organization dedicated to the management, restoration, and preservation of a historic property and its adjacent land. Their primary focus is on restoring and preserving this significant historical site, and they do not distribute grants or contributions to other organizations. This foundation's mission reflects its commitment to the conservation of heritage and historical properties, ensuring they are maintained for future generations to appreciate.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

The Loudoun Agricultural & Chemical Institute Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score reflects a strong commitment to transparency, with 100% of board members being independent and a clean record regarding asset diversion. These factors contribute significantly to the organization's robust financial standing and governance.

The foundation's fiscal responsibility is also noteworthy, as evidenced by its program expense ratio of 82.14%. This figure suggests that a substantial portion of its resources is directed towards its core mission rather than administrative costs. Additionally, the organization has established comprehensive policies, including a conflict of interest policy and a whistleblower policy, which further bolster its commitment to ethical practices.

Despite these strengths, the summary does not indicate any specific limitations or challenges faced by the foundation. Overall, the Loudoun Agricultural & Chemical Institute Foundation Inc is positioned as a reputable nonprofit with strong governance and a focus on achieving its mission effectively.


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

Is The Loudoun Agricultural & Chemical Institute Foundation Inc legitimate?

The Loudoun Agricultural & Chemical Institute Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Loudoun Agricultural & Chemical Institute 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: $0

For more financial information, click here

What is the mission statement of The Loudoun Agricultural & Chemical Institute Foundation Inc?

The Loudoun Agricultural and Chemical Institute Foundation is dedicated to the restoration and preservation of a historic property and its adjacent land. Their mission is centered around safeguarding this historical site, and they do not extend grants or funding to any other organizations. The foundation's primary focus is on maintaining and restoring the property to its former glory, ensuring its continued significance for future generations. Their work is essential in preserving the rich historical heritage and fostering an appreciation for our past.

Who is the CEO of The Loudoun Agricultural & Chemical Institute Foundation Inc?

W C Anderson is the Principal Officer of The Loudoun Agricultural & Chemical Institute Foundation Inc.

What is the revenue of The Loudoun Agricultural & Chemical Institute Foundation Inc?

The Loudoun Agricultural & Chemical Institute Foundation Inc's revenue in 2022 was $97,548.

Who are the executives of The Loudoun Agricultural & Chemical Institute Foundation Inc and what are their salaries?

There 30 volunteers at The Loudoun Agricultural & Chemical Institute Foundation Inc.


Here are 12 key members and their salaries:


William Boone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ellers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Good-Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tucker Withers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Conrad (Director/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert E Dougherty (Director/Vp-Buildings)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Hughston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Cody Anderson (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rita Bush (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gelly (Director/Vp-Grounds)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Loudoun Agricultural & Chemical Institute Foundation Inc?

The Loudoun Agricultural & Chemical Institute Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Loudoun Agricultural & Chemical Institute Foundation Inc

The Loudoun Agricultural & Chemical Institute Foundation is dedicated to the restoration and preservation of a historic property and its surrounding land. Their mission is to meticulously manage and maintain this historical site, ensuring its integrity and longevity. Unlike many other organizations, The Loudoun Agricultural & Chemical Institute Foundation does not allocate funds or grants to other organizations. Instead, their focus is solely on preserving and restoring the historic property, a testament to their commitment to historical preservation.

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Impact




October, 2024

The Loudoun Agricultural & Chemical Institute Foundation Inc plays a vital role in the restoration and preservation of a historic property in Aldie, Virginia. By managing and maintaining this property, the Foundation ensures that the rich history and cultural significance of the site are protected for future generations. Their focused mission not only safeguards the physical integrity of the building and its surroundings but also fosters community engagement and appreciation for local heritage. Moreover, their commitment to restoration enhances the educational and cultural landscape in the area, offering opportunities for historical exploration and awareness. The Foundation's efforts contribute significantly to the overall preservation of regional history and the promotion of an understanding of the past, making a lasting impact on the community and its identity.




This information is meant to be a general summary of The Loudoun Agricultural & Chemical Institute 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
$97,548 (2022)
201120122013201420152016201720182019202020212022$0$40,000$80,000$120k$160k
Expenses
$71,170 (2022)
201120122013201420152016201720182019202020212022$0$25,000$50,000$75,000$100k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $6,938
  • Program Service Revenue: $2,400
  • Gross Receipts: $97,548

Assets and Liabilities:

  • Total Assets: $590,081
  • Total Liabilities: $0
  • Net Assets: $590,081

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TIMBER
RENTAL

Revenue

$2,400

Organization Details

Founding Year

1985

Principal Officer

W C Anderson

Main Address

22265 OATLANDS ROAD, ALDIE, VA, 20105

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