Overview
What is International Towing & Recovery Hall Of Fame & Museum?
The International Towing & Recovery Hall of Fame & Museum, located at 3315 Broad Street, Chattanooga, TN 37408, is a dedicated nonprofit organization. Its primary objective is to preserve the rich history of the towing and recovery industry. This is achieved by meticulously documenting its evolution, amassing relevant artifacts, and creating an informative center about the industry. Furthermore, the museum honors distinguished individuals and businesses that have significantly contributed to the towing and recovery sector. With a small yet dedicated workforce of 5 employees, this nonprofit institution plays a vital role in celebrating and educating the public about the towing industry's heritage.
Official website here: www.internationaltowingmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
The International Towing & Recovery Hall Of Fame & Museum has received an 84% score, indicating a solid Three-Star rating, primarily based on its Accountability & Finance practices. This score reflects strong governance, as evidenced by 100% independent board members and a well-structured financial oversight committee. The organization has demonstrated good management practices with no reported material diversion of assets.
Strengths include a high program expense ratio of 73.28%, suggesting that a significant portion of its funding is directed towards its mission-oriented activities. The transparency in operations is also commendable, with the necessary financial statements accessible on its website. However, the organization has areas for improvement, such as lacking a conflict of interest policy, whistleblower policy, and documentation retention and destruction policies, which could enhance its governance framework.
Overall, while the organization exhibits solid financial accountability and a commitment to its mission, addressing these policy gaps could strengthen its overall governance and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about International Towing & Recovery Hall Of Fame & Museum?
96% of 759 reviewers on Facebook recommend the International Towing & Recovery Hall Of Fame & Museum. Visitors express a deep appreciation for the museum, particularly highlighting its connections to personal and family experiences within the towing and recovery industry.
Reviewers often mention the museum's engaging exhibits and informative displays, which celebrate the history and contributions of towing professionals. Many feel that it effectively honors the legacy of those in the field, making it a meaningful destination for both enthusiasts and newcomers alike.
Overall, the sentiment surrounding this nonprofit is overwhelmingly positive, reflecting a strong dedication to preserving the history of towing and recovery while providing a unique and educational experience for its visitors.
This AI summary has been generated from reviews found on Facebook.
Is International Towing & Recovery Hall Of Fame & Museum legitimate?
International Towing & Recovery Hall Of Fame & Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Towing & Recovery Hall Of Fame & Museum 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: $45,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,572
For more financial information, click here
Official website here: www.internationaltowingmuseum.org
What is the mission statement of International Towing & Recovery Hall Of Fame & Museum?
The International Towing & Recovery Hall of Fame & Museum is dedicated to preserving the history of the towing and recovery industry. It accomplishes this by collecting and displaying artifacts related to the industry, serving as an information center for the public, and honoring individuals who have significantly contributed to the field. The primary mission of the museum is to operate and maintain a facility that educates the public about the towing and recovery industry and recognizes the achievements of those who have made notable contributions to the field.
Official website here: www.internationaltowingmuseum.org
Who is the CEO of International Towing & Recovery Hall Of Fame & Museum?
Bill Gratzianna is the President of International Towing & Recovery Hall Of Fame & Museum.
Official website here: www.internationaltowingmuseum.org
What is the revenue of International Towing & Recovery Hall Of Fame & Museum?
International Towing & Recovery Hall Of Fame & Museum's revenue in 2022 was $1,033,721.
Official website here: www.internationaltowingmuseum.org
Who are the executives of International Towing & Recovery Hall Of Fame & Museum and what are their salaries?
The average compensation at International Towing & Recovery Hall Of Fame & Museum during 2022 was $26,688. There are 5 employees at International Towing & Recovery Hall Of Fame & Museum.
Here are 16 key members and their salaries:
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Official website here: www.internationaltowingmuseum.org
Where can I find the form 990 for International Towing & Recovery Hall Of Fame & Museum?
International Towing & Recovery Hall Of Fame & Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.internationaltowingmuseum.org
Learn more at the official website: www.internationaltowingmuseum.org
Mission Statement of International Towing & Recovery Hall Of Fame & Museum
The International Towing & Recovery Hall of Fame & Museum is dedicated to preserving and showcasing the rich history of the towing and recovery industry. Through its mission, the institution collects and displays various artifacts that tell the story of this vital sector. Moreover, it serves as an informational center, offering insights into the towing industry to the general public. The museum also takes pride in honoring individuals and companies that have significantly contributed to the growth and development of the towing and recovery industry. In essence, the International Towing & Recovery Hall of Fame & Museum's mission is to operate and maintain a museum that not only preserves the history of the towing and recovery industry but also educates the public and recognizes the accomplishments of key players in this field.
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Impact
October, 2024
The International Towing & Recovery Hall Of Fame & Museum plays a crucial role in preserving and promoting the history of the towing industry. By recording significant events and milestones, it ensures that the contributions of individuals and companies within the industry are recognized and remembered. The collection and display of artifacts not only showcase the evolution of towing and recovery practices but also provide visitors with a tangible connection to the past.
Moreover, the museum serves as an information center that educates the public about the critical role towing professionals play in society, particularly during emergencies. Through educational programs and exhibits, the museum highlights the importance of safety and innovation in the industry. Additionally, by honoring those who have made significant contributions, the museum fosters a sense of community and pride among towing professionals, reinforcing their commitment to excellence in service. In doing so, it not only memorializes the industry’s heritage but also inspires future generations to appreciate and pursue careers in towing and recovery.
This information is meant to be a general summary of International Towing & Recovery Hall Of Fame & Museum. 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: $90,001
- Program Service Revenue: $78,418
- Gross Receipts: $1,361,702
Assets and Liabilities:
- Total Assets: $3,935,605
- Total Liabilities: $127,937
- Net Assets: $3,807,668
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$78,418
Organization Details
Founding Year
1995
Phone
(423) 267-3132Principal Officer
Bill Gratzianna
Main Address
3315 BROAD STREET, CHATTANOOGA, TN, 37408
NTEE Category
Code: A500 - Arts
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