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Friends Of Hildene Inc

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

EIN: 510201160 ✦ Manchester, VT ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Hildene Inc?

Friends of Hildene Inc, located in Manchester, VT, is a dedicated nonprofit organization with a mission to uphold integrity, perseverance, and civic responsibility. Their primary focus is on preserving Hildene, the Lincoln family's home and its surrounding land, transforming it into an educational and cultural resource. They also strive to honor the Lincoln family's legacy. The organization's key actions include land conservation, sustainability, and promoting civil discourse. With a team of 93 individuals, they welcome thousands of guests annually, offering them an enriching experience of the Lincoln family's history and the beauty of Hildene's restored buildings and walking trails.


Official website here: www.hildene.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.

Friends Of Hildene Inc has received a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 92%, the organization demonstrates robust financial practices, including a program expense ratio of 78.01%, which suggests that a significant portion of its funds is directed towards its mission-driven programs. The organization also boasts a 100% independent board, which is crucial for unbiased governance.

While the organization displays many strengths, it does have some areas that require attention. Specifically, it is noted that there is a lack of a whistleblower policy and a document retention and destruction policy, both of which are important for organizational transparency and ethical governance. Despite these gaps, the overall financial stability and commitment to accountability are commendable.

In terms of operational efficiency, Friends Of Hildene Inc shows impressive fundraising efficiency, with just $0.09 spent to raise each dollar. This efficiency, paired with a low liabilities to assets ratio of 0.85%, reflects a solid financial foundation. Overall, the organization appears to be well-managed and dedicated to its mission, though addressing the noted policy gaps could further enhance its credibility and operational integrity.


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

Is Friends Of Hildene Inc legitimate?

Friends Of Hildene Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Hildene 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: $1,631,367

For more financial information, click here


Official website here: www.hildene.org

What is the mission statement of Friends Of Hildene Inc?

The mission of Friends Of Hildene Inc, as stated, is centered around the concept of "Values into Action." Their core values include integrity, perseverance, and civic responsibility. The organization's primary actions are focused on preservation, land conservation, sustainability, and fostering civil civic discourse. Through these actions, Friends Of Hildene Inc aims to serve the public by utilizing Hildene's open land and restored buildings as an educational and cultural resource, and as a memorial to the Lincoln family.


Official website here: www.hildene.org

Who is the CEO of Friends Of Hildene Inc?

Margaret Cating is the Treasurer of Friends Of Hildene Inc.


Official website here: www.hildene.org

What is the revenue of Friends Of Hildene Inc?

Friends Of Hildene Inc's revenue in 2022 was $4,107,432.


Official website here: www.hildene.org

Who are the executives of Friends Of Hildene Inc and what are their salaries?

The average compensation at Friends Of Hildene Inc during 2022 was $17,542. There are 93 employees and 100 volunteers at Friends Of Hildene Inc.


Here are 10 key members and their salaries:


Anne Archer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hallenbeck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Kalliche (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lowerre (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cowles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Penney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Evans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Moriarty (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Cating (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Perkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hildene.org

Where can I find the form 990 for Friends Of Hildene Inc?

Friends Of Hildene Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hildene.org

Learn more at the official website: www.hildene.org

Mission Statement of Friends Of Hildene Inc

Friends of Hildene Inc, with its mission of "Values into Action," is dedicated to upholding its core values of integrity, perseverance, and civic responsibility. The organization's primary actions revolve around preservation, land conservation, sustainability, and fostering civil discourse. By embodying these values, Friends of Hildene Inc seeks to make a positive impact on its community.

With a focus on preservation, the nonprofit is committed to safeguarding historical sites and cultural heritage. Through restoration projects and educational programs, Friends of Hildene Inc aims to maintain the integrity of these resources, ensuring they continue to serve as valuable learning tools for future generations.

In addition to preservation, land conservation is another key area of interest for Friends of Hildene Inc. By protecting natural habitats and green spaces, the organization contributes to the overall sustainability of the environment. This commitment to environmental stewardship ensures that future generations can enjoy the beauty of these preserved areas and reap the benefits of a healthy ecosystem.

Furthermore, Friends of Hildene Inc encourages civil discourse within its community. This involves facilitating open and respectful conversations on various topics, promoting understanding and unity in the process. By fostering a culture of civic responsibility, the organization encourages its members and the wider community to take an active role in shaping their collective future.

In essence, Friends of Hildene Inc is a nonprofit organization that embodies the principles of preservation, land conservation, sustainability, and civil discourse. By upholding these core values, the organization seeks to make a positive impact on its community and preserve historical and natural resources for future generations.

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Impact




July, 2024

Friends Of Hildene Inc's impact lies in embodying their mission of "Values into Action" through integrity, perseverance, and civic responsibility. They focus on preservation, land conservation, sustainability, and civil civic discourse. By welcoming thousands of guests annually to explore the Lincoln home, grounds, and walking trails, they serve as an educational and cultural resource while honoring the Lincoln family's legacy. Their work not only preserves history but also fosters a sense of civic duty and environmental stewardship within the community.




This information is meant to be a general summary of Friends Of Hildene 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
$4,107,432 (2022)
Expenses
$3,169,339 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $98,733
  • Program Service Revenue: $741,236
  • Gross Receipts: $5,418,029

Assets and Liabilities:

  • Total Assets: $16,023,858
  • Total Liabilities: $137,069
  • Net Assets: $15,886,789

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Programs

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

ADMISSIONS

Revenue

$612,718

EDUCATIONAL PROGRAMS

Revenue

$32,937

FARM INCOME

Revenue

$28,381

LODGING/CORP SPONSORSHIPS

Revenue

$48,450

OTHER

Revenue

$18,750

Organization Details

Founding Year

1978

Principal Officer

Margaret Cating

Main Address

PO BOX 377, MANCHESTER, VT, 05254

NTEE Category

Code: A82Z - Arts

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