Apba 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: 382472242 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Apba Historical Society Inc?

Apba Historical Society Inc, based in Eastpointe, Michigan, is a nonprofit organization dedicated to promoting an appreciation and understanding of boating. Their mission is to operate and maintain a museum that showcases the history of power boat racing. They achieve this through sponsoring research and education on boating safety, environmental practices, and the boating industry. The society's activities include interpreting historical materials, exhibiting equipment and artifacts, and providing presentations and publications. Their collection includes various items related to boating, such as trophies, awards, and historic documents. Admission to their museum, housing the artifacts, is free, offering a valuable resource for power boat racing enthusiasts and the general public.


Official website here: www.apbahs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Apba Historical Society Inc has received a Three-Star rating, indicating a satisfactory level of transparency and accountability in its operations. The overall score is derived entirely from the Accountability & Finance beacon, showing a strong commitment to financial integrity and independent governance. Notably, the organization has a fully independent board, with 100% of its members meeting the criteria for independence, which adds to its credibility.

Strengths of the organization include a flawless record in areas such as material diversion of assets and a strong liabilities to assets ratio of 0.00%. Additionally, the society ensures that its board meeting minutes are documented, and the tax form is readily available on its website. However, it is important to note that while the charity has several strengths, it lacks essential policies such as a conflict of interest policy and whistleblower policy, which could be seen as a limitation in its governance practices.

Overall, while the Apba Historical Society Inc demonstrates a robust financial performance and has established a solid foundation of governance, improvements in policy documentation could enhance its overall accountability and transparency to donors and stakeholders.


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

Is Apba Historical Society Inc legitimate?

Apba Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apba 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: $0

For more financial information, click here


Official website here: www.apbahs.org

What is the mission statement of Apba Historical Society Inc?

The Apba Historical Society Inc's mission is to establish, operate, and maintain a museum dedicated to the sport of power boat racing. The organization's programs aim to foster an understanding and appreciation of boating by sponsoring research and education related to boating safety, the development and use of environmentally safe equipment, and technical and management education and training for participants and associates. They also focus on issues affecting the boating industry, which they explore through the acquisition and interpretation of materials that reflect the historic development of boating and the individuals involved. In support of its mission, the Apba Historical Society shares its collection through exhibitions, presentations, publications, and other activities. This historical collection encompasses equipment and tools for all types of boating, including trophies, awards, and other items of value to the mission of the society. The society's archival collection includes historic documents, books, magazines, maps, photographic images, and audio-visual materials related to the history of boating. The Apba Historical Society Museum, housing its artifacts, is available for the enjoyment and knowledge of power boat racing enthusiasts and the general public.


Official website here: www.apbahs.org

Who is the CEO of Apba Historical Society Inc?

Rick Sandstrom is the Chairman Emeritus of Apba Historical Society Inc.


Official website here: www.apbahs.org

What is the revenue of Apba Historical Society Inc?

Apba Historical Society Inc's revenue in 2022 was $67,038.


Official website here: www.apbahs.org

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

There 12 volunteers at Apba Historical Society Inc.


Here are 7 key members and their salaries:


George Byers Jr (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Sandstrom (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Joseph (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Lauterbach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Shane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Compton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Berghauer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.apbahs.org

Where can I find the form 990 for Apba Historical Society Inc?

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


Official website here: www.apbahs.org

Learn more at the official website: www.apbahs.org

Mission Statement of Apba Historical Society Inc

The Apba Historical Society Inc, dedicated to the sport of power boat racing, aims to establish, operate, and maintain a museum that serves to foster an understanding and appreciation of boating. To achieve this mission, the organization sponsors research and education related to boating safety, the development and use of environmentally safe equipment, and technical and management education and training for participants and associates. The society's activities also extend to addressing various issues affecting the boating industry.

In support of its mission, the Apba Historical Society shares its extensive collection through exhibitions, presentations, publications, and other activities. This historical collection encompasses equipment and tools for all types of boating, including trophies, awards, and other items of value to the society's mission. The archival collection, on the other hand, includes historic documents, books, magazines, maps, photographic images, other paper-based materials, and audio-visual materials related to the history of boating.

In essence, the Apba Historical Society's mission is to preserve and share the rich history of power boat racing, promoting an appreciation for the sport and the individuals who have contributed to its development. Through its museum and various activities, the society strives to educate and engage both power boat racing enthusiasts and the general public, fostering a deeper understanding of the sport's evolution and significance.

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Impact




August, 2024

The Apba Historical Society Inc's impact lies in preserving and promoting the rich history and heritage of powerboat racing. Through its museum dedicated to the sport, the organization fosters understanding and appreciation of boating by sponsoring research and education related to boating safety, environmentally safe equipment, technical education, and other industry issues. By acquiring and interpreting historical materials, the society shares its collection through exhibitions, presentations, and publications, allowing enthusiasts and the general public to delve into the fascinating world of powerboat racing. This endeavor helps keep alive the legacy of individuals who contributed to the development of boating and honors their achievements in the sport.




This information is meant to be a general summary of Apba 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
$67,038 (2022)
Expenses
$28,909 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $57,338
  • Gross Receipts: $67,038

Assets and Liabilities:

  • Total Assets: $977,304
  • Total Liabilities: $0
  • Net Assets: $977,304

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Organization Details

Founding Year

1982

Principal Officer

Rick Sandstrom

Main Address

PO BOX 26174, MILWAUKEE, WI, 53226

NTEE Category

Code: A50 - Arts

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