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Rice County Steam & Gas Engine Inc

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

EIN: 411924617 ✦ Dundas, MN ✦ Designated as a 501(c)(3)

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Overview

What is Rice County Steam & Gas Engine Inc?

Rice County Steam & Gas Engine Inc is a nonprofit organization that is dedicated to preserving historical artifacts and traditions from the past for future generations. They achieve this by hosting an annual show during Labor Day weekend in September. The event features various demonstrations, such as threshing, saw milling, and antique tractor displays, which draw approximately 3000 visitors. The organization's mission is to preserve a piece of the past, offering attendees a glimpse into bygone eras.


Official website here: www.ricecountysteamandgas.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Rice County Steam & Gas Engine Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The organization excels particularly in the area of board independence, with a fully independent board comprising seven members, which points to a commitment to governance and oversight. The charity has no material diversion of assets, reaffirming its fiscal responsibility with a program expense ratio of 100%, suggesting that all funds are directed towards its mission.

However, the charity has been noted for the absence of key governance policies such as a conflict of interest policy and a whistleblower policy, both of which are critical for ensuring transparency and ethical management. The lack of these policies has resulted in lower scores in those specific areas. Nevertheless, the organization’s documentation practices are solid, evidenced by the availability of board meeting minutes and the posting of tax forms on its website.

Overall, while Rice County Steam & Gas Engine Inc demonstrates good financial health and governance through its independent board composition and effective utilization of resources, it would benefit from implementing necessary governance policies to enhance its accountability further.


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

What do the Facebook reviews say about Rice County Steam & Gas Engine Inc?

100% of 9 reviewers on Facebook recommend Rice County Steam & Gas Engine Inc. Here is a summary of their reviews:

Reviewers express a strong sense of enjoyment and appreciation for the activities and offerings available at the nonprofit. Many mention the variety of experiences that cater to different interests, indicating that there's truly something for everyone.

Overall, the consensus among reviewers is that the organization successfully provides a fun and engaging atmosphere, making it a valued destination for community engagement and enjoyment.


This AI summary has been generated from reviews found on Facebook.

Is Rice County Steam & Gas Engine Inc legitimate?

Rice County Steam & Gas Engine Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rice County Steam & Gas Engine 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.ricecountysteamandgas.com

What is the mission statement of Rice County Steam & Gas Engine Inc?

Rice County Steam & Gas Engine Inc's mission is centered around preserving the past for future generations. They accomplish this by organizing an annual show, held during Labor Day weekend in September. This event features demonstrations of threshing and saw mill processes, showcasing antique tractors, and attracting approximately 3000 attendees with various displays. The primary objective is to keep the traditions and technology of yesteryears alive, ensuring they are not lost to the passage of time.


Official website here: www.ricecountysteamandgas.com

Who is the CEO of Rice County Steam & Gas Engine Inc?

Bill Becker is the Director of Rice County Steam & Gas Engine Inc.


Official website here: www.ricecountysteamandgas.com

What is the revenue of Rice County Steam & Gas Engine Inc?

Rice County Steam & Gas Engine Inc's revenue in 2022 was $69,553.


Official website here: www.ricecountysteamandgas.com

Who are the executives of Rice County Steam & Gas Engine Inc and what are their salaries?

There 125 volunteers at Rice County Steam & Gas Engine Inc.


Here are 7 key members and their salaries:


Carl Harvey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kline (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Kruse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Becker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Condon (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Sevcik (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Tulp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ricecountysteamandgas.com

Where can I find the form 990 for Rice County Steam & Gas Engine Inc?

Rice County Steam & Gas Engine Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ricecountysteamandgas.com

Learn more at the official website: www.ricecountysteamandgas.com

Mission Statement of Rice County Steam & Gas Engine Inc

Rice County Steam & Gas Engine Inc is dedicated to preserving a piece of the past for future generations. They achieve this goal through an annual event held during Labor Day weekend in September. This event is a showcase of yesteryear, featuring demonstrations of threshing and saw mill operations, as well as displays of antique tractors. The event attracts around 3000 attendees, providing them with a glimpse into the past while also offering entertainment. By preserving these historical practices and machinery, Rice County Steam & Gas Engine Inc contributes to the understanding and appreciation of our cultural heritage, ensuring that a bit of yesterday remains alive for tomorrow.

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Impact




August, 2024

Rice County Steam & Gas Engine Inc's impact can be seen through its preservation efforts that showcase a bit of history for future generations. By organizing an annual show that includes threshing and saw mill demonstrations, antique tractor displays, and other attractions, the organization attracts around 3000 attendees. This not only educates the public on historical agricultural practices but also fosters a sense of appreciation for the past. These efforts contribute to preserving cultural heritage and promoting interest in traditional machinery and practices.




This information is meant to be a general summary of Rice County Steam & Gas Engine 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
$69,553 (2022)
Expenses
$62,830 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $480
  • Program Service Revenue: $30,641
  • Gross Receipts: $133,315

Assets and Liabilities:

  • Total Assets: $464,849
  • Total Liabilities: $0
  • Net Assets: $464,849

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL SHOW

Revenue

$30,641

Organization Details

Founding Year

1998

Principal Officer

Bill Becker

Main Address

PO BOX 76, DUNDAS, MN, 550190076

NTEE Category

Code: P400 - Human services

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