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Kewanee Historical Society Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362905890 ✦ Kewanee, IL ✦ Designated as a 501(c)(3)

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Overview

What is Kewanee Historical Society Inc?

The Kewanee Historical Society Inc, situated in Illinois, is a dedicated nonprofit organization with a primary objective of preserving the rich history of Kewanee for both present and future generations. They actively champion their mission to safeguard the city's past, ensuring its legacy endures. Through various initiatives, they work tirelessly to promote historical awareness and education, contributing significantly to the local community's cultural heritage.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%

The Kewanee Historical Society Inc has received a low rating of 33% from Charity Navigator, which translates to a Zero-Star out of Four Star rating. This score is primarily based on the Accountability & Finance beacon, indicating significant deficiencies in key areas of transparency and governance, which are critical for donor trust and effective nonprofit operation.

The organization exhibits some strengths, including a fully independent board, which has 10 out of 10 points for having all members independent and an adequate board size of 13 members. Additionally, there are no reported material diversions of assets, which suggests that the organization's resources are not being misappropriated. However, the society's performance in other areas significantly pulls down its overall score.

Major limitations include a lack of essential policies that are important for nonprofit governance, such as a conflict of interest policy, whistleblower policy, and document retention policy, all of which received zero points. Furthermore, the absence of a website listed on the tax form and the failure to post financial documents online further indicate a lack of transparency. The low program expense ratio of 45.82% also raises concerns about how effectively the organization is utilizing its funds for its intended mission.


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

Is Kewanee Historical Society Inc legitimate?

Kewanee Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kewanee Historical Society 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: $3,775

For more financial information, click here

What is the mission statement of Kewanee Historical Society Inc?

The Kewanee Historical Society Inc is committed to preserving the history of a certain city, specifically identified as Kewanee, Illinois. This mission is carried out actively by promoting the organization's goal to preserve the city's past for the benefit of both current and future generations. The society works tirelessly to safeguard and showcase the city's historical heritage, ensuring its continuity and relevance for future generations.

Who is the CEO of Kewanee Historical Society Inc?

Michael Dewalt is the President of Kewanee Historical Society Inc.

What is the revenue of Kewanee Historical Society Inc?

Kewanee Historical Society Inc's revenue in 2022 was $71,010.

Who are the executives of Kewanee Historical Society Inc and what are their salaries?

The average compensation at Kewanee Historical Society Inc during 2022 was $3,775. There is 1 employee and 20 volunteers at Kewanee Historical Society Inc.


Here are 11 key members and their salaries:


Michael Dewalt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Moon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Lock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mckee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Arch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Ann Bailleu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marci Carlson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Lock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Busenbark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arvin Ros Battersby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kewanee Historical Society Inc?

Kewanee Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kewanee Historical Society Inc

The Kewanee Historical Society Inc is committed to safeguarding the history of Kewanee, Illinois, ensuring its preservation for future generations. Actively championing its mission, this organization works tirelessly to preserve the city's history, serving as a vital link between the past and the present. By promoting its mission, the Kewanee Historical Society Inc plays a crucial role in safeguarding the cultural heritage of Kewanee, ensuring that its history remains alive and relevant for current and forthcoming generations.

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Impact




August, 2024

The Kewanee Historical Society Inc's impact is significant in preserving the history of Kewanee, Illinois. By actively promoting its mission to preserve the city's history, the society plays a crucial role in ensuring that the rich heritage of Kewanee is maintained for current and future generations. Through its dedication to preserving historical artifacts, documents, and stories, the Kewanee Historical Society helps foster a deeper appreciation for the city's past and contributes to the cultural enrichment of the community.




This information is meant to be a general summary of Kewanee Historical Society 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
$71,010 (2022)
Expenses
$17,462 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,017
  • Gross Receipts: $71,010

Assets and Liabilities:

  • Total Assets: $887,331
  • Total Liabilities: $0
  • Net Assets: $887,331

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Organization Details

Founding Year

1976

Principal Officer

Michael Dewalt

Main Address

125 N TREMONT STREET, KEWANEE, IL, 61443

NTEE Category

Code: A54Z - Arts

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