Overview
What is Edgewater Historical Society?
The Edgewater Historical Society is a dedicated nonprofit organization situated in Chicago, Illinois, specifically at 5358 N ASHLAND AVENUE. Their primary mission is to engage the local community in the exploration, documentation, collection, and conservation of Edgewater's historical past. They strive to foster an appreciation for this history by promoting its study, sharing, and enjoyment. In addition, they are committed to preserving historical landmarks and structures within Edgewater. Their activities encompass program development, speaker engagements, curating exhibits, purchasing collections, and consulting with experts in the field.
Official website here: www.edgewaterhistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39% (Zero-Star out of Four Star Rating)
The Edgewater Historical Society has received a low rating of 39%, indicating significant concerns regarding its accountability and financial practices. While the organization benefits from a fully independent board with no material diversion of assets, critical policies such as conflict of interest, whistleblower, and document retention are missing. These deficiencies have adversely impacted its overall score, reflecting a lack of transparency and governance standards.
On the positive side, the society demonstrates strong board independence, with all members being independent and a significant size of 17 members. They also maintain transparency by posting their tax forms and board meeting minutes on their website, which is an important aspect of accountability. However, the low program expense ratio of 34.02% raises questions about the effectiveness of their resource allocation towards their mission.
Overall, the Edgewater Historical Society's strong governance structure is overshadowed by the absence of key operational policies and low financial efficiency. For potential donors and supporters, these factors suggest a need for improvement in the nonprofit’s management practices to ensure greater accountability and enhance its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Edgewater Historical Society legitimate?
Edgewater Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgewater Historical Society 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.
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Official website here: www.edgewaterhistory.org
What is the mission statement of Edgewater Historical Society?
The Edgewater Historical Society was established with the aim of engaging the community in the exploration, recording, accumulation, and safeguarding of Edgewater's history. Their mission extends beyond this, as they also aim to stimulate the study, dissemination, and appreciation of this history. Furthermore, the society is committed to advocating for the preservation of landmarks and historical structures. Their activities include hosting programs and speakers, curating exhibits, consulting on collections, and making purchases to expand their historical resources.
Official website here: www.edgewaterhistory.org
Who is the CEO of Edgewater Historical Society?
Barb Stanley is the Board President of Edgewater Historical Society.
Official website here: www.edgewaterhistory.org
What is the revenue of Edgewater Historical Society?
Edgewater Historical Society's revenue in 2022 was $79,817.
Official website here: www.edgewaterhistory.org
Who are the executives of Edgewater Historical Society and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.edgewaterhistory.org
Where can I find the form 990 for Edgewater Historical Society?
Edgewater Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edgewaterhistory.org
Learn more at the official website: www.edgewaterhistory.org
Mission Statement of Edgewater Historical Society
The Edgewater Historical Society, an esteemed organization, is dedicated to engaging the community in the exploration, documentation, accumulation, and conservation of Edgewater's historical legacy. Its mission extends beyond mere preservation; it also aims to foster the study, dissemination, and appreciation of this rich history. Moreover, the Society strives to safeguard significant landmarks and historical structures, contributing to the preservation of the community's cultural heritage.
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Impact
August, 2024
The Edgewater Historical Society plays a vital role in involving the community in the research, documentation, collection, and preservation of Edgewater history. By promoting the study, sharing, and enjoyment of this history, as well as advocating for the preservation of landmarks and historical structures, the Society contributes to preserving the heritage and legacy of the Edgewater neighborhood in Chicago. Through its various activities such as programs, speakers, exhibits, and collections, the Society ensures that the rich history of Edgewater is not only safeguarded but also made accessible to present and future generations.
This information is meant to be a general summary of Edgewater Historical Society. 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: $45,106
- Gross Receipts: $80,002
Assets and Liabilities:
- Total Assets: $759,835
- Total Liabilities: $2,968
- Net Assets: $756,867
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Organization Details
Founding Year
1988
Phone
(773) 490-7546Principal Officer
Barb Stanley
Main Address
5358 N ASHLAND AVENUE, CHICAGO, IL, 606402023
Website
www.edgewaterhistory.orgNTEE Category
Code: A80 - Arts
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