Overview
What is Resources Holding Society?
The Resources Holding Society is a nonprofit organization based in Grantham, New Hampshire. Their primary mission is to acquire, manage, and distribute property resources for the advantage of charitable organizations. This involves obtaining properties, keeping them secure, and subsequently transferring them when necessary, all in the interest of benefiting charitable entities. The society's work is instrumental in supporting various nonprofit organizations, contributing to their operational capacities and overall impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Resources Holding Society has achieved an 80% rating from Charity Navigator, reflecting solid performance in terms of accountability and finance. This score is based entirely on their financial metrics, with a perfect score for independent board members and no material diversion of assets, indicating a strong governance structure.
The organization excels in its commitment to transparency, having a conflict of interest policy in place and regularly documenting board meeting minutes. Their financial health is also notable, boasting a liabilities to assets ratio of 0.00% and an impressive program expense ratio of 99.02%, suggesting that nearly all funds are directed towards their charitable programs.
Despite these strengths, the rating is mainly derived from a single category, which may indicate limited diversity in performance assessment. While the organization demonstrates strong financial accountability, potential donors might seek additional insights into other operational aspects to gain a comprehensive view of the organization’s overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Resources Holding Society legitimate?
Resources Holding Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resources Holding 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Resources Holding Society?
The Resources Holding Society's mission is centered around supporting charitable organizations. Specifically, their role is to acquire, hold, and dispose of property to benefit these organizations. This activity aims to contribute to the charitable sector in a meaningful way. By managing property resources, they can help improve the operational capabilities and impact of various charitable organizations. However, the information provided does not detail the specific goals or objectives they aim to achieve through this property management process.
Who is the CEO of Resources Holding Society?
James V Aukerman is the President of Resources Holding Society.
What is the revenue of Resources Holding Society?
Resources Holding Society's revenue in 2023 was $6,660.
Who are the executives of Resources Holding Society and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Resources Holding Society?
Resources Holding Society's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Resources Holding Society
Resources Holding Society, a nonprofit organization, is dedicated to serving charitable institutions by acquiring, holding, and disposing of property. This mission is aimed at utilizing resources effectively and efficiently to support the noble causes of various charitable organizations. By engaging in these activities, Resources Holding Society contributes to the betterment of society, enabling other charitable organizations to focus on their primary objectives and make a positive impact in their respective fields.
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Impact
October, 2024
Resources Holding Society significantly contributes to the community by acquiring, holding, and disposing of properties that benefit charitable organizations. By handling real estate with this focus, the society enables these organizations to channel their resources efficiently and effectively towards their missions. This initiative not only supports the operational needs of various charities but also fosters a collaborative spirit within the arts sector and beyond.
The society's efforts ultimately enhance the local cultural landscape in Grantham, NH, ensuring that vital resources are accessible for organizations dedicated to promoting arts and other charitable causes. Through its strategic approach to property management, Resources Holding Society plays a pivotal role in empowering organizations to fulfill their missions, thereby impacting the community positively.
This information is meant to be a general summary of Resources Holding 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 2023.
- Gross Receipts: $6,660
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2014
Phone
(401) 788-9080Principal Officer
James V Aukerman
Main Address
PO BOX 30, GRANTHAM, NH, 037530030
NTEE Category
Code: A80 - Arts
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