Overview
What is Historic Third Ward Association Inc?
The Historic Third Ward Association Inc is a nonprofit organization that serves its community by organizing various events to enhance the area's visibility and appeal. These events include Christmas in the Ward, quarterly gallery nights and days, shop the Ward, coffee breaks, gather, and an art festival. The association actively promotes the neighborhood by utilizing various marketing strategies, such as publishing three magazines, placing advertisements, maintaining a website, sending out mailings, and utilizing social media platforms. Their goal is to showcase the neighborhood's unique charm and attract visitors, thereby boosting local businesses and community engagement.
Official website here: www.historicthirdward.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star rating)
The Historic Third Ward Association Inc has received a strong rating of 91%, indicating high levels of accountability and financial health. With a Four-Star rating, this organization demonstrates effective management practices and transparency in its operations, which is crucial for donor trust and community support.
One of the notable strengths of the organization is its governance structure, with 100% of its board members being independent. Additionally, the association has excellent scores in areas such as financial oversight, material diversion of assets, and maintaining conflict of interest policies. A significant portion of its expenses is directed towards its programs, reflecting a commitment to its mission.
While the organization shows impressive financial ratios, including a low liabilities to assets ratio and a strong program expense ratio, there is no mention of specific programmatic outcomes or impacts in the available data. This could be an area for improvement, as stakeholders may be interested in understanding the effectiveness of the programs funded by the association.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Historic Third Ward Association Inc?
92% of 727 reviewers on Facebook recommend the Historic Third Ward Association Inc. Here is a summary of their reviews:
Many users express a positive sentiment towards the location, highlighting the variety of good stores and dining options available. The mention of historic buildings adds to the charm, suggesting that visitors appreciate the area’s cultural and architectural significance.
Overall, it appears that patrons are pleased with their experiences in the Historic Third Ward, indicating the nonprofit effectively supports and promotes local businesses and the historical richness of the area.
This AI summary has been generated from reviews found on Facebook.
Is Historic Third Ward Association Inc legitimate?
Historic Third Ward Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Third Ward Association 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: $113,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,113
For more financial information, click here
Official website here: www.historicthirdward.org
What is the mission statement of Historic Third Ward Association Inc?
The Historic Third Ward Association Inc, functioning as a non-profit neighborhood association, focuses its mission on promoting the area through various activities. This includes organizing events such as Christmas in the Ward, gallery nights, shop the Ward, coffee breaks, and the art festival. The association also uses multiple marketing strategies, including magazines, advertisements, a website, mailings, social media, and a guide, to showcase the neighborhood. Its primary goal is to boost the visibility and appeal of the area, thereby fostering a sense of community and engagement among its residents.
Official website here: www.historicthirdward.org
Who is the CEO of Historic Third Ward Association Inc?
James Plaisted is the Vice President of Historic Third Ward Association Inc.
Official website here: www.historicthirdward.org
What is the revenue of Historic Third Ward Association Inc?
Historic Third Ward Association Inc's revenue in 2022 was $689,217.
Official website here: www.historicthirdward.org
Who are the executives of Historic Third Ward Association Inc and what are their salaries?
The average compensation at Historic Third Ward Association Inc during 2022 was $54,941. There are 5 employees and 35 volunteers at Historic Third Ward Association Inc.
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- Compensation: $97,831
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- Other: $15,759
Official website here: www.historicthirdward.org
Where can I find the form 990 for Historic Third Ward Association Inc?
Historic Third Ward Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.historicthirdward.org
Learn more at the official website: www.historicthirdward.org
Mission Statement of Historic Third Ward Association Inc
The Historic Third Ward Association, a non-profit neighborhood organization, is dedicated to promoting its area through various initiatives. Its primary mission involves organizing events such as Christmas in the Ward, quarterly gallery nights and days, shop the Ward, coffee breaks, gather events, and art festivals. These activities aim to showcase and boost the popularity of the neighborhood. Beyond events, the association also markets the neighborhood effectively through multiple channels, including three magazines, advertisements, a website, mailings, and social media. Additionally, it publishes a guide to further spotlight the area's attractions and offerings. In essence, the Historic Third Ward Association works tirelessly to enhance the visibility and appeal of its neighborhood, fostering a sense of community and engagement among its residents.
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Impact
July, 2024
The Historic Third Ward Association Inc plays a vital role in revitalizing and enhancing the community of Milwaukee. Through its various events and marketing efforts, it has successfully promoted the Historic Third Ward area, attracting visitors and residents alike. Its initiatives such as Christmas in the Ward, quarterly gallery nights, and the art festival not only bring people together but also showcase the cultural richness of the neighborhood. By actively engaging in community improvement activities, the Historic Third Ward Association Inc has significantly contributed to the area's growth and prosperity.
This information is meant to be a general summary of Historic Third Ward Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $105
- Program Service Revenue: $255,696
- Gross Receipts: $689,217
Assets and Liabilities:
- Total Assets: $609,419
- Total Liabilities: $326,453
- Net Assets: $282,966
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENT REVENUE
Revenue
$85,434
THREE MAGAZINE
Revenue
$80,967
CATALANO SQUARE REVENU
Revenue
$40,995
MEMBERSHIP DUES & ASSE
Revenue
$32,250
REIMBURSEMENTS
Revenue
$16,050
Organization Details
Founding Year
1976
Phone
(414) 273-1173Principal Officer
James Plaisted
Main Address
525 E CHICAGO STREET UNIT 102, MILWAUKEE, WI, 53202
Website
www.historicthirdward.orgNTEE Category
Code: S31Z - Community improvement
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