Overview
What is Heritage Preservation Inc?
Heritage Preservation Inc is a dedicated nonprofit organization committed to preserving historical structures. Based on the provided information, they construct and maintain these important historical edifices, acting as a historical preservation entity that collaborates with historical societies. Their primary goal is to protect and pass on valuable historic buildings to future generations, allowing them to gain insights and enjoy these architectural treasures. Heritage Preservation Inc serves an essential role in safeguarding our cultural heritage for posterity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 72%)
Heritage Preservation Inc has been rated with a two-star rating by Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization demonstrates strengths in areas such as having an independent board and a solid program expense ratio, there are significant weaknesses in financial transparency, as evidenced by a lack of accessible financial statements and several policies that have not been established.
The organization scored perfectly in its program expense ratio and fundraising efficiency, highlighting its effectiveness in utilizing funds for its mission. However, critical governance practices are lacking, such as the absence of a conflict of interest policy and proper document retention practices, which could pose risks to its accountability. The board's size was also noted as a concern, with no independent board size noted.
In summary, while Heritage Preservation Inc shows commendable financial ratios and has a committed independent board, the organization must address its governance and transparency issues to enhance its rating and build greater trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Preservation Inc legitimate?
Heritage Preservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Preservation 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: $0
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What is the mission statement of Heritage Preservation Inc?
Heritage Preservation Inc, as a historical preservation organization, is committed to safeguarding valuable historical structures for future generations. They accomplish this by both constructing and preserving these buildings. Their mission is to ensure these historic sites serve as educational resources and sources of enjoyment for future generations, fostering a connection to our past. By operating alongside historical societies, Heritage Preservation Inc plays a significant role in preserving our cultural heritage.
Who is the CEO of Heritage Preservation Inc?
Tony Johnson is the Secretary of Heritage Preservation Inc.
What is the revenue of Heritage Preservation Inc?
Heritage Preservation Inc's revenue in 2022 was $2,431,252.
Who are the executives of Heritage Preservation Inc 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 Heritage Preservation Inc?
Heritage Preservation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heritage Preservation Inc
Heritage Preservation Inc, as a historical preservation organization, is dedicated to safeguarding valuable historical structures for future generations. By constructing and preserving these structures, the nonprofit aims to ensure that future generations can learn from and appreciate the past. Operating under the umbrella of historical societies, Heritage Preservation Inc plays a crucial role in preserving heritage buildings that hold significant historical and cultural value. The organization's mission is to ensure that these structures, which serve as repositories of historical knowledge, are preserved for the enjoyment and education of future generations.
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Impact
July, 2024
Heritage Preservation Inc's impact lies in its dedication to preserving historical structures, ensuring that valuable historic buildings are saved for future generations to learn from and enjoy. By constructing and maintaining these structures, Heritage Preservation contributes to community improvement and the ongoing cultural legacy of our society. Their work helps to conserve important pieces of our collective history and heritage, contributing to a greater sense of identity and connection to the past.
This information is meant to be a general summary of Heritage Preservation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$43,223
- Program Service Revenue: $70,487
- Gross Receipts: $2,575,614
Assets and Liabilities:
- Total Assets: $5,648,967
- Total Liabilities: $614,336
- Net Assets: $5,034,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSTRUCTION INCOME
Revenue
$70,487
Organization Details
Founding Year
2020
Principal Officer
Tony Johnson
Main Address
255 S MAIN STREET STE 100, LOGAN, UT, 84321
NTEE Category
Code: S47 - Community improvement
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