Iron Co Museum Endowment Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382961583 ✦ Caspian, MI ✦ Designated as a 501(c)(3)

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Overview

What is Iron Co Museum Endowment Fund Inc?

Iron Co Museum Endowment Fund Inc is a nonprofit organization situated in Caspian, Michigan. Their primary mission revolves around managing a perpetuity fund, with the aim of providing financial assistance to hire a full-time manager for the Iron County Historical and Museum Society. By doing so, they aim to enhance the management and operations of the historical and museum society, thereby preserving and showcasing the county's rich history and culture. The fund's location at 100 Brady Avenue, Caspian, MI 49915, serves as a testament to their commitment to the community.


Official website here: www.ironcountymuseum.org

Is Iron Co Museum Endowment Fund Inc legitimate?

Iron Co Museum Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Co Museum Endowment Fund 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.ironcountymuseum.org

What is the mission statement of Iron Co Museum Endowment Fund Inc?

The Iron Co Museum Endowment Fund Inc's mission is centered around managing a perpetuity fund. This fund's primary purpose is to provide financial support, enabling the hiring of a full-time manager for the Iron County Historical and Museum Society. This role is crucial in maintaining and promoting the historical and cultural heritage of the area. The endowment fund's objective is to ensure the society has consistent leadership, thereby enriching the local community's knowledge and appreciation of its history. Regular transfers of funds from the endowment to the society facilitate the hiring and retention of this essential position.


Official website here: www.ironcountymuseum.org

Who is the CEO of Iron Co Museum Endowment Fund Inc?

Michael Ladd is the Director of Iron Co Museum Endowment Fund Inc.


Official website here: www.ironcountymuseum.org

What is the revenue of Iron Co Museum Endowment Fund Inc?

Iron Co Museum Endowment Fund Inc's revenue in 2022 was $74,588.


Official website here: www.ironcountymuseum.org

Who are the executives of Iron Co Museum Endowment Fund Inc and what are their salaries?


Here are 8 key members and their salaries:


Ronald Basso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Behling (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louisa Kniivila (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ladd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathlene Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Quayle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Ryden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Saving (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ironcountymuseum.org

Where can I find the form 990 for Iron Co Museum Endowment Fund Inc?

Iron Co Museum Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ironcountymuseum.org

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

Mission Statement of Iron Co Museum Endowment Fund Inc

The Iron Co Museum Endowment Fund Inc is committed to managing a perpetuity fund with the primary objective of providing financial support. This support is intended to aid in the hiring of a full-time manager for the Iron County Historical and Museum Society. By managing this fund effectively, the organization aims to contribute significantly to the society's operations, specifically by securing the services of a dedicated manager. This manager will play a crucial role in overseeing the historical and museum activities, ensuring the continuity and growth of the society's mission. The Iron Co Museum Endowment Fund Inc's mission, therefore, can be paraphrased as an initiative to sustainably finance the employment of a professional who will support the operations and management of the Iron County Historical and Museum Society.

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Impact




October, 2024

The Iron Co Museum Endowment Fund Inc plays a crucial role in preserving the cultural heritage of Iron County by ensuring sustainable funding for the Iron County Historical and Museum Society. By managing a perpetuity fund, the organization supports the hiring of a full-time manager, which is vital for effectively overseeing museum operations and programs. This impact is reflected in enhanced visitor experiences, educational outreach, and community engagement in the arts and history, thereby fostering a deeper appreciation of Iron County's rich historical narrative.




This information is meant to be a general summary of Iron Co Museum Endowment Fund 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
$74,588 (2022)
Expenses
$88,223 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $63,282
  • Gross Receipts: $74,588

Assets and Liabilities:

  • Total Assets: $1,288,540
  • Total Liabilities: $0
  • Net Assets: $1,288,540

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Organization Details

Founding Year

1965

Principal Officer

Michael Ladd

Main Address

100 BRADY AVENUE, CASPIAN, MI, 49915

NTEE Category

Code: A50 - Arts

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