Overview
What is Steele County Historical Society?
The Steele County Historical Society, situated in Owatonna, Minnesota, is a dedicated nonprofit organization. With a team of six committed individuals, their primary mission is to preserve and interpret the historical artifacts that reflect the land, people, and events of Steele County. They strive to relate this local history to the broader context of the state and nation's past. The society actively maintains historical records, both genetic and community-based, and offers tours of their buildings and grounds. Their work is geared towards making these valuable historical resources accessible to all who wish to explore and learn from them.
Official website here: www.schsmn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Steele County Historical Society has received a 73% rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization boasts strong governance practices, with 100% of its board members being independent, and it demonstrates excellent financial health as evidenced by a low liabilities to assets ratio of 0.14%. Additionally, the organization's program expense ratio is commendable at 83.77%, suggesting that a significant portion of its resources is directed toward its historical preservation efforts.
However, the organization does have some limitations that affect its overall rating. Notably, it lacks critical policies such as a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability. Furthermore, the nonprofit has not posted its tax forms on its website, which could limit public access to important information regarding its financial practices.
Overall, while the Steele County Historical Society exhibits strong financial management and board independence, it needs to address the gaps in its governance policies to enhance its credibility and transparency within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Steele County Historical Society legitimate?
Steele County Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steele County Historical 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: $35,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,316
For more financial information, click here
Official website here: www.schsmn.org
What is the mission statement of Steele County Historical Society?
The Steele County Historical Society's mission is centered around preserving historical artifacts and interpreting the history of the region's land, people, and significant events. This mission extends beyond Steele County, connecting the local history to that of the state and nation. The society's primary objective is to make these historical records and materials accessible to anyone interested in studying and examining them. In addition to preservation, the society also hosts tours of its buildings and grounds, and maintains genealogical and community historical records.
Official website here: www.schsmn.org
Who is the CEO of Steele County Historical Society?
Kellen Hinrichsen is the Executive Director of Steele County Historical Society.
Official website here: www.schsmn.org
What is the revenue of Steele County Historical Society?
Steele County Historical Society's revenue in 2022 was $568,772.
Official website here: www.schsmn.org
Who are the executives of Steele County Historical Society and what are their salaries?
The average compensation at Steele County Historical Society during 2022 was $19,078. There are 6 employees and 100 volunteers at Steele County Historical Society.
Here are 16 key members and their salaries:
- Compensation: $30,071
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Official website here: www.schsmn.org
Where can I find the form 990 for Steele County Historical Society?
Steele County Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.schsmn.org
Learn more at the official website: www.schsmn.org
Mission Statement of Steele County Historical Society
The Steele County Historical Society is committed to preserving historical artifacts and interpreting the history of the region, its people, and significant events. By relating these local stories to the broader context of state and national history, the society aims to make these historical records and materials accessible to all who are interested in studying and examining them. The organization's mission is carried out through the maintenance of its building and grounds, as well as by hosting tours of these sites. Additionally, the Steele County Historical Society maintains genealogical and community historical records, making these valuable resources available to the public.
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Impact
July, 2024
The Steele County Historical Society has a significant impact on preserving artifacts and interpreting the history of Steele County. Through their efforts, they provide a valuable resource for studying the local history and connecting it to the broader contexts of the state and nation. By maintaining buildings and grounds, hosting tours, and preserving genealogical and community historical records, the Society plays a crucial role in keeping the heritage of Steele County alive for current and future generations.
This information is meant to be a general summary of Steele County Historical 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $38,162
- Program Service Revenue: $18,513
- Gross Receipts: $595,686
Assets and Liabilities:
- Total Assets: $4,024,835
- Total Liabilities: $5,745
- Net Assets: $4,019,090
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Genealogical Research
Revenue
$1,672
Lectures & Classes
Revenue
$10,185
Tours
Revenue
$6,656
Organization Details
Founding Year
1964
Phone
(507) 451-1420Principal Officer
Kellen Hinrichsen
Main Address
1700 Austin Road, Owatonna, MN, 55060
Website
www.schsmn.orgNTEE Category
Code: A80 - Arts
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