Overview
What is Elks Veterans Memorial Restoration Trust?
The Elks Veterans Memorial Restoration Trust is a dedicated nonprofit organization based in Chicago, Illinois, specifically at 425 W Diversey Parkway. Its primary mission is to preserve and maintain the Elks National Memorial Building, a tribute to those who lost their lives in World Wars I, II, the Korean Conflict, Vietnam, and the Persian Gulf. The memorial building is open to the public all year round. Established to restore, refurbish, repair, and maintain the building and its art objects, the trust ensures that this historical landmark remains in pristine condition, honoring the memory of the brave veterans it commemorates.
Official website here: www.elks.org/memorial/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Elks Veterans Memorial Restoration Trust has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's score is derived solely from its robust financial practices, showcasing a commitment to transparency and responsible management of resources. The organization boasts a 100% independent board, ensuring unbiased governance and oversight.
Strengths of the Elks Veterans Memorial Restoration Trust include high program expense ratios, indicating that a significant majority of funds are allocated directly to its programs. This is further emphasized by the absence of any material diversions of assets, showcasing a solid foundation of integrity. Additionally, the organization has implemented comprehensive policies related to conflict of interest, whistleblower protections, and document retention, further enhancing its operational credibility.
While the organization excels in financial management and governance, potential donors and stakeholders may want to monitor ongoing activities and program outcomes to ensure continued alignment with its mission. Overall, the Elks Veterans Memorial Restoration Trust stands out as a highly accountable and financially sound nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Elks Veterans Memorial Restoration Trust legitimate?
Elks Veterans Memorial Restoration Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elks Veterans Memorial Restoration Trust 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
Official website here: www.elks.org/memorial/
What is the mission statement of Elks Veterans Memorial Restoration Trust?
The Elks Veterans Memorial Restoration Trust was established with the mission to restore, refurbish, repair, and maintain the Elks National Memorial Building and its art objects. This trust is dedicated to preserving the memorial, which honors those who sacrificed their lives in various conflicts, including World Wars I and II, the Korean War, the Vietnam War, and the Persian Gulf Conflict. The trust also ensures the general maintenance of the public viewing areas within the memorial building, located in Chicago, Illinois. The Elks National Memorial Building is open to the public throughout the year, serving as a tribute to the valor and sacrifice of the fallen veterans.
Official website here: www.elks.org/memorial/
Who is the CEO of Elks Veterans Memorial Restoration Trust?
Bryan Klatt is the Secretary of Elks Veterans Memorial Restoration Trust.
Official website here: www.elks.org/memorial/
What is the revenue of Elks Veterans Memorial Restoration Trust?
Elks Veterans Memorial Restoration Trust's revenue in 2022 was $2,219,923.
Official website here: www.elks.org/memorial/
Who are the executives of Elks Veterans Memorial Restoration Trust and what are their salaries?
There 5 volunteers at Elks Veterans Memorial Restoration Trust.
Here are 6 key members and their salaries:
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- Related: $193,888
- Other: $17,246
Official website here: www.elks.org/memorial/
Where can I find the form 990 for Elks Veterans Memorial Restoration Trust?
Elks Veterans Memorial Restoration Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elks.org/memorial/
Learn more at the official website: www.elks.org/memorial/
Mission Statement of Elks Veterans Memorial Restoration Trust
The Elks Veterans Memorial Restoration Trust was established with a mission to restore, refurbish, repair, and maintain the Elks National Memorial Building and the art objects contained within. This nonprofit organization is dedicated to preserving and upholding the memory of those who sacrificed their lives in World Wars I and II, as well as in the Korean, Vietnam, and Persian Gulf conflicts. The Trust's efforts primarily focus on maintaining the public viewing areas within the Elks National Memorial Building, located in Chicago, Illinois. The memorial building serves as a tribute to these fallen heroes, and remains open to the public throughout the year. By providing general maintenance for this historical site, the Elks Veterans Memorial Restoration Trust ensures that the memory of these brave individuals continues to be honored and remembered.
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Impact
October, 2024
The Elks Veterans Memorial Restoration Trust plays a vital role in preserving the Elks National Memorial Building in Chicago, Illinois, a site dedicated to honoring the sacrifices of those who served in World War I, World War II, and subsequent conflicts. By focusing on the restoration, refurbishment, and maintenance of both the building and its art objects, the Trust ensures that this significant memorial remains a respected place for public reflection and remembrance.
Maintaining the public viewing areas allows visitors to connect with history and pay tribute to veterans throughout the year. The Trust's efforts not only safeguard the architectural integrity and historical significance of the memorial but also foster a deeper appreciation for the sacrifices made by service members. By keeping the site accessible and well-preserved, the Trust enhances community engagement and awareness of veterans' contributions to society.
This information is meant to be a general summary of Elks Veterans Memorial Restoration Trust. 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: $1,097,099
- Program Service Revenue: $381,798
- Gross Receipts: $6,019,762
Assets and Liabilities:
- Total Assets: $10,789,818
- Total Liabilities: $133,651
- Net Assets: $10,656,167
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINTENANCE AND ASSESMENTS
Revenue
$381,798
Organization Details
Founding Year
1990
Phone
(773) 755-4884Principal Officer
Bryan Klatt
Main Address
425 W DIVERSEY PARKWAY, CHICAGO, IL, 606146196
Website
www.elks.org/memorial/NTEE Category
Code: E80Z - Health
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