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Broad Brook Community Center Inc

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

EIN: 474342670 ✦ Guilford, VT ✦ Designated as a 501(c)(3)

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Overview

What is Broad Brook Community Center Inc?

Broad Brook Community Center Inc, located in Guilford, Vermont, is a small nonprofit organization with a mission to preserve and revitalize a historic Grange Hall. Their goal is to transform the building into a community hub, fostering a sense of unity, honoring local heritage, and promoting creative initiatives to improve the well-being of Guilford's residents. By preserving the building's original character while upgrading it to meet current safety standards, the Center aims to become a hub for activities that strengthen community ties and celebrate rural life. With a dedicated team of one individual, Broad Brook Community Center Inc strives to serve its community now and for future generations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.

Broad Brook Community Center Inc has received a low rating of 40% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization boasts a fully independent board and has no material diversion of assets, it has notable deficiencies in critical areas such as conflict of interest and whistleblower policies, both of which are missing. This lack of essential governance frameworks raises red flags about organizational transparency.

The financial metrics also reflect challenges, with a program expense ratio of only 15.15%, suggesting that a minimal portion of its budget is directed towards its programs. Additionally, the liabilities to assets ratio at 0.02% raises concerns about the organization's financial health. These figures indicate a potential misalignment between the organization's mission and its financial practices, which could hinder its effectiveness in serving the community.

In summary, while Broad Brook Community Center Inc has some strengths in governance with a fully independent board, the overall financial performance and absence of key policies suggest a need for improvement. Stakeholders and potential donors should consider these factors carefully when evaluating the organization’s capability to achieve its mission effectively.


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

Is Broad Brook Community Center Inc legitimate?

Broad Brook Community Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broad Brook Community Center 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: $24,000

For more financial information, click here

What is the mission statement of Broad Brook Community Center Inc?

The Broad Brook Community Center Inc's mission is centered around preserving and revitalizing a historic Grange Hall. This revitalization aims to transform the building into a communal space that encourages community spirit and honors the area's heritage. The Center serves as a catalyst for creative initiatives, aiming to improve the well-being of its community members now and in the future. The Center's activities are intended to foster a sense of unity and provide opportunities for the community to celebrate their rural heritage in innovative ways.

Who is the CEO of Broad Brook Community Center Inc?

Rick Zamore is the Director of Broad Brook Community Center Inc.

What is the revenue of Broad Brook Community Center Inc?

Broad Brook Community Center Inc's revenue in 2022 was $588,576.

Who are the executives of Broad Brook Community Center Inc and what are their salaries?

The average compensation at Broad Brook Community Center Inc during 2022 was $24,000. There is 1 employee and 10 volunteers at Broad Brook Community Center Inc.


Here are 10 key members and their salaries:


Alan Overman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Zamore (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Garland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Renaud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Providence (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Lawson Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ellen Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Stein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ragan Beebe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Broad Brook Community Center Inc?

Broad Brook Community Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Broad Brook Community Center Inc

Broad Brook Community Center Inc, a nonprofit organization, is dedicated to preserving and revitalizing Guilford's historic Grange Hall. The center's mission is to transform this landmark into a vibrant gathering place that fosters community spirit, honors the local heritage, and sparks creative ways to enhance the well-being and serve the people of Guilford, both now and for future generations. The Broad Brook Community Center Inc envisions a refreshed and accessible facility that serves as a hub for activities that celebrate the community's rural heritage. It aims to be a catalyst, sparking innovative ideas to improve the lives of the local community.

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Impact




July, 2024

Broad Brook Community Center Inc's impact is profound in Guilford as it preserves and revitalizes the historic Grange Hall to serve as a hub for fostering community spirit, honoring heritage, and enhancing the well-being of the people in the area. By providing a gathering place for activities that spark creativity and serve the local community now and for generations to come, the Center acts as a catalyst for positive change and enrichment in Guilford. Through renovations and additions to the building, it ensures accessibility, safety, beauty, and sustainability while preserving the historic character of the space. This initiative contributes significantly to the social and cultural fabric of Guilford, making it a more vibrant and connected community.




This information is meant to be a general summary of Broad Brook Community Center 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
$588,576 (2022)
Expenses
$81,290 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $102
  • Program Service Revenue: $2,790
  • Gross Receipts: $590,705

Assets and Liabilities:

  • Total Assets: $2,655,646
  • Total Liabilities: $346,302
  • Net Assets: $2,309,344

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BUILDING RENTAL

Revenue

$840

PARTNERSHIP & PROGRAM FEE

Revenue

$1,950

Organization Details

Founding Year

2015

Principal Officer

Rick Zamore

Main Address

3940 GUILFORD CENTER ROAD, GUILFORD, VT, 05301

NTEE Category

Code: P28 - Human services

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