Overview
What is Madison County Courthouse Preservation Fund?
The Madison County Courthouse Preservation Fund, also known as "Friends of the Madison County Courthouse," is a nonprofit organization based in Winterset, Iowa. Their primary mission is to secure funding for the renovation and repair of the historic Madison County Courthouse. This involves raising funds through various means and pursuing government grants for these purposes. The organization's work is instrumental in preserving this significant landmark for future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Madison County Courthouse Preservation Fund has received a score of 53%, which corresponds to a One-Star rating, indicating significant challenges in accountability and financial transparency. The organization has no independent board members, which raises concerns about governance and oversight. It also lacks critical policies such as conflict of interest, whistleblower, and document retention, which are essential for maintaining integrity and accountability in operations.
On a positive note, the organization demonstrates a strong commitment to its mission, as evidenced by a program expense ratio of 99.19%. This indicates that the vast majority of its expenses are directed towards its programs rather than administrative costs. Additionally, the organization has not reported any material diversion of assets, which reflects responsible financial management in that regard.
However, the absence of a website linked to the tax form and missing transparency documents like the tax form on the nonprofit's website further contribute to its low accountability score. The lack of independent oversight and essential policies suggests that the Madison County Courthouse Preservation Fund would benefit from improving its governance practices to enhance trust among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Madison County Courthouse Preservation Fund legitimate?
Madison County Courthouse Preservation Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison County Courthouse Preservation Fund 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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Professional Fundraising Fees: $0
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What is the mission statement of Madison County Courthouse Preservation Fund?
The Madison County Courthouse Preservation Fund's mission is centered around raising funds for the renovation and repair of the Madison County Courthouse and securing government grants for these purposes. In essence, their objective is to ensure the preservation and restoration of this historical building, demonstrating their commitment to its upkeep. The organization, known as "Friends of the Madison County Courthouse," also actively seeks financial assistance to facilitate these renovations.
Who is the CEO of Madison County Courthouse Preservation Fund?
Joan Acela is the President of Madison County Courthouse Preservation Fund.
What is the revenue of Madison County Courthouse Preservation Fund?
Madison County Courthouse Preservation Fund's revenue in 2022 was $61,212.
Who are the executives of Madison County Courthouse Preservation Fund and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Madison County Courthouse Preservation Fund?
Madison County Courthouse Preservation Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Madison County Courthouse Preservation Fund
The Madison County Courthouse Preservation Fund is a dedicated organization with a mission to raise funds for the renovation and repair of the Madison County Courthouse. By securing government grants, this nonprofit aims to contribute significantly to the restoration and upkeep of this historical building. The Corporation, often referred to as "Friends of the Madison County Courthouse," plays a vital role in ensuring the courthouse maintains its integrity and continues to serve the community effectively.
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Impact
August, 2024
The Madison County Courthouse Preservation Fund has made a significant impact on preserving the historic Madison County Courthouse in Winterset, Iowa. By raising funds for renovation and repair projects, as well as obtaining government grants for these purposes, the organization has played a crucial role in maintaining the architectural and cultural heritage of the courthouse. Through its efforts, the Madison County Courthouse has been able to undergo necessary restoration work, ensuring that this significant landmark continues to stand as a testament to the community's history and architectural legacy.
This information is meant to be a general summary of Madison County Courthouse Preservation Fund. 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.
- Gross Receipts: $61,212
Assets and Liabilities:
- Total Assets: $221,652
- Total Liabilities: $0
- Net Assets: $221,652
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Organization Details
Founding Year
2010
Phone
(515) 462-3731Principal Officer
Joan Acela
Main Address
PO Box 230, Winterset, IA, 50273
NTEE Category
Code: A80 - Arts
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