Overview
What is Susie F Sower Aka Susie F Sower Trust?
Susie F Sower Trust is a historical organization situated in Marshalltown, Iowa. Their primary mission is to preserve the Susie Sower house and its historical artifacts. The trust's purpose is to meticulously maintain this historic dwelling, ensuring it retains its original charm and significance. By doing so, they contribute to the preservation of Marshalltown's heritage and historical context.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
The Susie F Sower Trust has received a low rating of 33% from Charity Navigator, primarily due to concerns regarding accountability and finance. The rating reflects a lack of key policies such as a conflict of interest policy, whistleblower policy, and document retention policy, all of which are essential for transparency and governance. While the organization boasts a fully independent board and no material diversion of assets, these strengths are overshadowed by the absence of foundational governance documents and practices.
The financial health of the organization raises concerns, especially with a program expense ratio of only 18.13%. This indicates that a significant portion of its resources may not be directed towards its stated mission. Additionally, the organization has a liability-to-assets ratio of 0%, which suggests a potentially unstable financial position without clear management of its assets and liabilities.
Despite the strengths in board independence and meeting minutes documentation, the overall lack of transparency and accountability leads to serious questions about the organization's operational effectiveness. For potential donors or stakeholders, these issues may warrant careful consideration before engaging with the Susie F Sower Trust.
This AI summary has been generated from information found on Charity Navigator.
Is Susie F Sower Aka Susie F Sower Trust legitimate?
Susie F Sower Aka Susie F Sower Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Susie F Sower Aka Susie F Sower Trust 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: $2,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Susie F Sower Aka Susie F Sower Trust?
The Susie F Sower Trust, a historical organization, is committed to preserving the Susie Sower house and its historical artifacts. Their primary objective is to maintain the structural integrity and historical significance of the house, ensuring that its contents are well-conserved for future generations. By doing so, they contribute to the preservation of local history and heritage.
Who is the CEO of Susie F Sower Aka Susie F Sower Trust?
Kevin Hitchins is the Trustee of Susie F Sower Aka Susie F Sower Trust.
What is the revenue of Susie F Sower Aka Susie F Sower Trust?
Susie F Sower Aka Susie F Sower Trust's revenue in 2022 was $81,038.
Who are the executives of Susie F Sower Aka Susie F Sower Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $850
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
Where can I find the form 990 for Susie F Sower Aka Susie F Sower Trust?
Susie F Sower Aka Susie F Sower Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Susie F Sower Aka Susie F Sower Trust
The Susie F Sower Trust, as a historical societies or organization, is dedicated to preserving the Susie Sower House and its historical contents. This mission involves meticulously maintaining the structure and artifacts within the house, ensuring that its historical significance remains intact for future generations. The Trust's primary focus is on the upkeep of the Susie Sower House, ensuring that it continues to stand as a testament to its past.
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Impact
October, 2024
The Susie F Sower Trust plays a vital role in preserving the cultural heritage of Marshalltown, Iowa, by maintaining the Susie Sower house and its historical contents. This commitment enriches the community's historical narrative, allowing residents and visitors to connect with the past. By safeguarding the house, the trust ensures that future generations have access to a tangible link to local history, fostering appreciation for the arts and cultural heritage. Through its efforts, the trust enhances community engagement, provides educational opportunities, and promotes tourism, thereby supporting the local economy while championing the importance of historical preservation.
This information is meant to be a general summary of Susie F Sower Aka Susie F Sower Trust. 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: $18,044
- Gross Receipts: $81,252
Assets and Liabilities:
- Total Assets: $424,635
- Total Liabilities: $0
- Net Assets: $424,635
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Organization Details
Founding Year
1961
Phone
(641) 753-3648Principal Officer
Kevin Hitchins
Main Address
106A S 1ST AVE, MARSHALLTOWN, IA, 50158
NTEE Category
Code: A80 - Arts
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