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Central States Numismatic Society

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

EIN: 416028039 ✦ Belleville, IL ✦ Designated as a 501(c)(3)

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Overview

What is Central States Numismatic Society?

The Central States Numismatic Society is a nonprofit organization based in Belleville, Illinois. Their primary mission is to promote and advance the field of numismatics, encompassing educational, historical, and scientific aspects. They achieve this through the distribution of a quarterly magazine to members and prospective members, which features educational articles, advertisements for coin collections, and promotes coin collecting as a hobby. Central States Numismatic Society's activities are centered around educating individuals about numismatics, fostering a community of collectors, and providing a platform for them to showcase their collections.


Official website here: www.centralstatesnumismaticsociety.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

The Central States Numismatic Society has received a score of 77%, reflecting a solid performance in terms of accountability and finance. The organization boasts a fully independent board, with 100% of its board members meeting independence criteria, which underscores strong governance practices. Additionally, the absence of any material diversion of assets and a favorable liabilities to assets ratio of 0.00% indicates a stable financial position.

Despite its strengths, the organization has room for improvement, particularly noted by the lack of a whistleblower policy, which is a critical component for ensuring transparency and trust. However, the society demonstrates a high program expense ratio of 90.17%, highlighting its commitment to directing resources toward its mission. Overall, while there are a few areas to enhance governance practices, the organization shows a reliable financial standing and effective management.


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

What do the Facebook reviews say about Central States Numismatic Society?

98% of 5 reviewers on Facebook recommend Central States Numismatic Society. Here is a summary of their reviews:

Many users appreciate the warm and welcoming atmosphere of the organization, highlighting the friendly and knowledgeable nature of its members. The positive sentiments are further underscored by compliments regarding the successful coin show they hosted, which was well-received by attendees.

Overall, individuals find value in being part of this community, and they express gratitude for the experiences facilitated by the society. The dedication to fostering an engaging environment for coin collectors is evident in the high level of endorsement from members.


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

Is Central States Numismatic Society legitimate?

Central States Numismatic Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central States Numismatic Society 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: $25,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.centralstatesnumismaticsociety.org

What is the mission statement of Central States Numismatic Society?

The Central States Numismatic Society, in its mission, aims to foster the growth of numismatics through an educational, historical, and scientific lens. This organization actively works towards expanding knowledge in this field. One of their key activities is distributing a quarterly magazine to members and potential members, which features informative articles about coin collecting. Additionally, the magazine serves as a platform for collectors to advertise and showcase their collections. The society's mission is primarily focused on promoting and advancing the hobby of coin collecting.


Official website here: www.centralstatesnumismaticsociety.org

Who is the CEO of Central States Numismatic Society?

Jack D Huggins is the Secretary/Treasurer of Central States Numismatic Society.


Official website here: www.centralstatesnumismaticsociety.org

What is the revenue of Central States Numismatic Society?

Central States Numismatic Society's revenue in 2023 was $767,669.


Official website here: www.centralstatesnumismaticsociety.org

Who are the executives of Central States Numismatic Society and what are their salaries?


Here are 8 key members and their salaries:


Jack D Huggins (Secretary/Treasurer)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Mitch Ernst (President)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Brett Irick (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nazzaro (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Ernst (Governor)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
David Harper (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Meyer (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Tebben (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centralstatesnumismaticsociety.org

Where can I find the form 990 for Central States Numismatic Society?

Central States Numismatic Society's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.centralstatesnumismaticsociety.org

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

Mission Statement of Central States Numismatic Society

The Central States Numismatic Society, a nonprofit organization, is committed to advancing the knowledge of numismatics in educational, historical, and scientific aspects. Their mission is geared towards promoting the hobby of coin collecting while providing a platform for collectors to showcase and market their collections. They achieve this through the distribution of a quarterly magazine to both members and prospective members. This publication serves as a hub for educational articles, fostering the growth and understanding of numismatics among its readers. The magazine also acts as a marketing tool, allowing collectors to advertise their collections and connect with potential buyers. By advancing the knowledge of numismatics in this manner, the Central States Numismatic Society contributes to the broader numismatic community, encouraging the pursuit of this fascinating field.

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Impact




July, 2024

The Central States Numismatic Society has made a significant impact by advancing the knowledge of numismatics along educational, historical, and scientific lines. Through its quarterly magazine distributed to members and prospective members, the society provides educational articles that promote coin collecting and allow collectors to advertise and market their collections. This initiative not only contributes to the preservation and dissemination of numismatic knowledge but also fosters a community of coin collectors who share a passion for the hobby. The society's dedication to education in the field of numismatics helps enthusiasts deepen their understanding of coins and currency, making a valuable contribution to the numismatic community.




This information is meant to be a general summary of Central States Numismatic Society. 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
$767,669 (2023)
Expenses
$778,577 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $42
  • Program Service Revenue: $721,160
  • Gross Receipts: $767,669

Assets and Liabilities:

  • Total Assets: $336,883
  • Total Liabilities: $0
  • Net Assets: $336,883

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Programs

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

Spring Convention

Revenue

$707,592

Centinel

Revenue

$13,568

Organization Details

Founding Year

1955

Principal Officer

Jack D Huggins

Main Address

PO Box 24267, Belleville, IL, 622239267

NTEE Category

Code: B99 - Education

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