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Iron Range Veterans Memorial

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

EIN: 411923951 ✦ Virginia, MN ✦ Designated as a 501(c)(3)

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Overview

What is Iron Range Veterans Memorial?

The Iron Range Veterans Memorial is a nonprofit organization situated in Virginia, Minnesota. Established with the aim of honoring veterans and their service to the nation, the organization has designed, constructed, and maintains a significant sculpture and its surrounding public display area. Their primary mission involves ongoing improvements and maintenance of this memorial, ensuring it remains a fitting tribute to those who have served our country. The organization was instrumental in unveiling and dedicating the monument in 2012 and continues to uphold its commitment by making adjustments to the surrounding area and maintaining the multi-ton sculpture.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%)

The Iron Range Veterans Memorial has received a two-star rating from Charity Navigator, indicating that while it has some strengths, there are significant areas needing attention. The organization excels in accountability and finance, scoring a perfect 100%, with a solid program expense ratio of 87.62%, demonstrating effective allocation of resources towards its mission.

However, the nonprofit faces several limitations that have impacted its overall rating. Key governance policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, are missing, resulting in a lower score in those areas. Additionally, the nonprofit's website is not listed on its tax form, and it has failed to publish its tax form online, which detracts from transparency.

Despite these shortcomings, the organization benefits from an independent board, with all ten members being independent, ensuring that there is no material diversion of assets. Addressing the noted governance issues could help improve the overall effectiveness and rating of the Iron Range Veterans Memorial in the future.


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

Is Iron Range Veterans Memorial legitimate?

Iron Range Veterans Memorial is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Range Veterans Memorial 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

What is the mission statement of Iron Range Veterans Memorial?

The Iron Range Veterans Memorial's mission is centered around honoring veterans and their service to the country. Established with the intention of designing and constructing a commemorative sculpture, the organization unveiled and dedicated this monument in 2012. Since then, their mission continues to evolve, focusing on improving the surrounding public display area and maintaining the multi-ton sculpture. Through these efforts, they strive to keep the memory of veterans alive and pay tribute to their sacrifices.

Who is the CEO of Iron Range Veterans Memorial?

Gary Pernu is the Treasurer of Iron Range Veterans Memorial.

What is the revenue of Iron Range Veterans Memorial?

Iron Range Veterans Memorial's revenue in 2022 was $11,816.

Who are the executives of Iron Range Veterans Memorial and what are their salaries?

There 20 volunteers at Iron Range Veterans Memorial.


Here are 8 key members and their salaries:


Tom Berrigan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Lustig (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Pernu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Pernu (Pavers)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Luoma (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Obidowski (Grounds)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Pernu (Pavers)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iron Range Veterans Memorial?

Iron Range Veterans Memorial's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iron Range Veterans Memorial

The Iron Range Veterans Memorial, a dedicated organization, was established with the primary mission of honoring veterans and their selfless service to the nation. This is accomplished through the design, construction, and maintenance of a substantial sculpture and the surrounding public display area. Initially, the organization successfully unveiled and dedicated this monument in 2012, marking a significant tribute to veterans. Since then, the Iron Range Veterans Memorial continues its commitment by continuously improving the surroundings of the public display area and meticulously maintaining the massive sculpture, which weighs several tons. This ongoing endeavor ensures that the tribute to veterans remains a source of pride and reverence for generations to come.

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Impact




August, 2024

The Iron Range Veterans Memorial's impact is profound in honoring veterans and recognizing their service to our country. By designing, constructing, and maintaining a sculpture and surrounding public display area, this organization pays tribute to the sacrifices and contributions of our veterans. The monument unveiled and dedicated in 2012 stands as a symbol of remembrance and gratitude. Through ongoing improvements and maintenance of the sculpture's display area, the Iron Range Veterans Memorial continues to honor veterans and educate the public about their service.




This information is meant to be a general summary of Iron Range Veterans Memorial. 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
$11,816 (2022)
Expenses
$3,343 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $11,816

Assets and Liabilities:

  • Total Assets: $1,273,751
  • Total Liabilities: $0
  • Net Assets: $1,273,751

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Organization Details

Founding Year

2002

Principal Officer

Gary Pernu

Main Address

PO BOX 35, VIRGINIA, MN, 55792

NTEE Category

Code: A800 - Arts

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