Overview
What is Heritage Centre Association Inc?
Heritage Centre Association Inc, located at 314 W Burgess St, Mount Vernon, Ohio, is a small nonprofit organization with a mission to promote and preserve Mount Vernon's heritage. They achieve this goal through various programs, aiming to raise funds and contribute to the growth of the city's heritage. Their activities are focused on preserving historical sites and encouraging the development of the downtown area. The organization's team consists of one dedicated individual, working tirelessly to uphold the importance of heritage conservation in Mount Vernon.
Official website here: www.experiencemv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Heritage Centre Association Inc has received a Three-Star rating from Charity Navigator, with an overall score of 83%. This rating is based solely on its Accountability & Finance metrics, indicating a strong commitment to financial integrity and transparency. The charity has performed particularly well in key areas such as having a fully independent board and an impressive program expense ratio of 83.38%, demonstrating that a significant portion of its resources are directed towards its programs.
While the organization excels in several categories, there are notable gaps in its governance practices. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, which are critical for ensuring accountability and transparency within the organization. These issues prevented it from achieving a higher score in the Accountability & Finance category, suggesting opportunities for improvement in its governance framework.
Overall, Heritage Centre Association Inc shows a strong dedication to financial management and accountability but should address its governance policy shortcomings to enhance its operational integrity further. These improvements could ultimately strengthen its standing in the nonprofit sector and reassure stakeholders of its commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Centre Association Inc legitimate?
Heritage Centre Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Centre Association 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: $46,269
For more financial information, click here
Official website here: www.experiencemv.org
What is the mission statement of Heritage Centre Association Inc?
The Heritage Centre Association Inc's mission is centered around preserving the heritage and fostering growth in a specific downtown area, without specifying the location. Their activities involve raising funds through various programs to promote and enhance the preservation and development of this historical area. The organization strives to increase awareness and support for the preservation efforts, contributing to the overall growth and prosperity of the heritage site.
Official website here: www.experiencemv.org
Who is the CEO of Heritage Centre Association Inc?
Lisa Lloyd is the Trustee of Heritage Centre Association Inc.
Official website here: www.experiencemv.org
What is the revenue of Heritage Centre Association Inc?
Heritage Centre Association Inc's revenue in 2022 was $156,723.
Official website here: www.experiencemv.org
Who are the executives of Heritage Centre Association Inc and what are their salaries?
The average compensation at Heritage Centre Association Inc during 2022 was $46,269. There is 1 employee and 15 volunteers at Heritage Centre Association Inc.
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Official website here: www.experiencemv.org
Where can I find the form 990 for Heritage Centre Association Inc?
Heritage Centre Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.experiencemv.org
Learn more at the official website: www.experiencemv.org
Mission Statement of Heritage Centre Association Inc
Heritage Centre Association Inc is dedicated to preserving the heritage of a downtown area and fostering its growth. Their mission is threefold: promoting awareness, organizing various fundraising initiatives, and utilizing the funds to enhance the preservation and growth of the area's heritage. The association aims to protect and celebrate the historical significance of the community, while also working towards its continuous development. Through various programs, Heritage Centre Association Inc seeks to engage the public, raise funds, and contribute to the preservation and enhancement of the heritage of this downtown location.
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Impact
October, 2024
Heritage Centre Association Inc significantly impacts the community by fostering the preservation of cultural heritage and promoting the growth of downtown Mount Vernon. Through its various programs, the organization raises awareness and funds to support initiatives focused on protecting the historical integrity of the area while encouraging economic development. By prioritizing community improvement, the Association helps enhance the local identity and pride, attracts visitors, and creates a vibrant atmosphere that benefits residents and businesses alike. Ultimately, its efforts contribute to a thriving downtown, ensuring that the heritage of Mount Vernon is celebrated and sustained for future generations.
This information is meant to be a general summary of Heritage Centre Association 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.
- Investment Income: $167
- Program Service Revenue: $88,612
- Gross Receipts: $158,854
Assets and Liabilities:
- Total Assets: $150,438
- Total Liabilities: $448
- Net Assets: $149,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Christmas Parade Downtown
Revenue
$32,495
DOWNTOWN BEAUTIFICATION P
Revenue
$12,923
First Friday Comm Event
Revenue
$31,736
Lights & Banners
Revenue
$5,475
WALTER RUDIN FUND
Revenue
$5,000
Organization Details
Founding Year
1993
Phone
(740) 326-4297Principal Officer
Lisa Lloyd
Main Address
314 W BURGESS ST, MOUNT VERNON, OH, 43050
Website
www.experiencemv.orgNTEE Category
Code: S99 - Community improvement
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