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Colfax Historical Society Inc

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

EIN: 421465732 ✦ Colfax, IA ✦ Designated as a 501(c)(3)

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Overview

What is Colfax Historical Society Inc?

The Colfax Historical Society Inc, situated in an undisclosed location, is a dedicated nonprofit organization that showcases the rich history of Colfax and its surrounding areas. Their primary objective involves the collection and display of historical artifacts and memorabilia, aiming to preserve and educate the community about their past. Regrettably, the information provided does not reveal any significant achievements or service accomplishments made by the Society in 2022.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%

The Colfax Historical Society Inc has received a zero-star rating, indicating significant concerns regarding its accountability and financial practices. The rating is based solely on a single beacon score, which highlights the importance of transparency and adherence to nonprofit governance standards.

While the organization demonstrates strengths in having a fully independent board and no material diversion of assets, it falls short in several critical areas. The absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy raises red flags about governance and operational integrity.

Additionally, the nonprofit's website does not contain required disclosures, including its tax forms, which negatively impacts its transparency. The lack of program expenses reported suggests potential inefficiencies in fund allocation, further contributing to the low rating from Charity Navigator.


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

Is Colfax Historical Society Inc legitimate?

Colfax Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colfax Historical Society 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: $5,675

For more financial information, click here

What is the mission statement of Colfax Historical Society Inc?

The Colfax Historical Society Inc's mission is centered around showcasing the historical artifacts and memorabilia of Colfax and its surrounding area. By doing so, the organization aims to preserve and share the rich history of the region, fostering a deeper understanding and appreciation for its past. The society's activities primarily involve the display of these historical items, providing visitors with a glimpse into the area's history. In 2022, the society did not report any significant service achievements related to its mission.

Who is the CEO of Colfax Historical Society Inc?

Kevin Williams is the President of Colfax Historical Society Inc.

What is the revenue of Colfax Historical Society Inc?

Colfax Historical Society Inc's revenue in 2022 was $50,138.

Who are the executives of Colfax Historical Society Inc and what are their salaries?

There 25 volunteers at Colfax Historical Society Inc.


Here are 4 key members and their salaries:


Shawn Cogley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Russell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Bartholmey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Colfax Historical Society Inc?

Colfax Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Colfax Historical Society Inc

The Colfax Historical Society Inc is dedicated to showcasing the rich history of Colfax and its surrounding areas. This non-profit organization achieves this by meticulously preserving and displaying various historical artifacts and memorabilia. By doing so, it provides an invaluable resource for individuals seeking to understand and appreciate the past, fostering a sense of community and heritage. Despite not having any major service accomplishments in 2022, the Colfax Historical Society Inc continues to uphold its mission, keeping the area's history alive for future generations.

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Impact




August, 2024

Colfax Historical Society Inc has a significant impact on preserving and showcasing the rich history of Colfax and the surrounding area. Through its display of artifacts and memorabilia, this organization helps to educate the community about its heritage and fosters a sense of pride and connection to the past. By highlighting the history of the region, the Colfax Historical Society contributes to preserving cultural traditions and promoting a deeper appreciation for local history among residents and visitors alike.




This information is meant to be a general summary of Colfax Historical Society 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
$50,138 (2022)
Expenses
$67,044 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39
  • Gross Receipts: $50,138

Assets and Liabilities:

  • Total Assets: $445,012
  • Total Liabilities: $0
  • Net Assets: $445,012

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Organization Details

Founding Year

1979

Principal Officer

Kevin Williams

Main Address

900 N WALNUT ST, Colfax, IA, 50054

NTEE Category

Code: A54 - Arts

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