Overview
What is Historic Red Clay Valley Inc?
Historic Red Clay Valley Inc is a nonprofit organization situated in Wilmington, Delaware. With a team of 13 dedicated individuals, its primary mission is to preserve and interpret the natural, cultural, and railroad heritage of Northern Delaware, specifically focusing on the Red Clay Valley. This preservation aims to serve the public's education and enjoyment, fostering a deeper appreciation for the region's rich history. The organization's activities and mission are centered around protecting and interpreting the area's unique characteristics, ensuring that future generations can continue to learn and benefit from its heritage.
Official website here: www.wwrr.com/hrcv.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
Historic Red Clay Valley Inc earns a Three-Star rating from Charity Navigator, indicating a generally positive evaluation of its accountability and financial health. With an overall score of 77%, the organization demonstrates solid governance practices, including having 100% independent board members and maintaining a well-structured board size of eight members. Their commitment to transparency is reflected in their comprehensive policies, including conflict of interest and whistleblower protections, alongside documented board meeting minutes.
The nonprofit showcases strong financial management, as evidenced by a low liabilities to assets ratio of 0.26% and a high program expense ratio of 79.15%. This suggests that the majority of their expenditures are directed towards their programs rather than administrative costs, which is a positive indicator for donors seeking impact. Additionally, the organization is diligent in meeting regulatory requirements by listing its website on tax forms.
While the rating reflects a robust operational framework, the three-star designation also implies that there is room for improvement. Potential donors may want to monitor the organization's future performance and developments to ensure that they continue to meet high standards of accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Red Clay Valley Inc legitimate?
Historic Red Clay Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Red Clay Valley 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: $212,022
For more financial information, click here
Official website here: www.wwrr.com/hrcv.
What is the mission statement of Historic Red Clay Valley Inc?
The Historic Red Clay Valley Inc is committed to preserving and interpreting the natural, cultural, and railroad heritage of Northern Delaware, with a particular focus on the Red Clay Valley. This organization aims to educate and provide enjoyment for the public through its efforts. The mission of Historic Red Clay Valley Inc is centered around the conservation and understanding of the region's history, ensuring that future generations can appreciate and learn from its past. The organization undertakes various activities to achieve this goal, including interpreting the heritage for the public and promoting awareness of the area's rich heritage.
Official website here: www.wwrr.com/hrcv.
Who is the CEO of Historic Red Clay Valley Inc?
Robert C Peoples Jr is the President of Historic Red Clay Valley Inc.
Official website here: www.wwrr.com/hrcv.
What is the revenue of Historic Red Clay Valley Inc?
Historic Red Clay Valley Inc's revenue in 2022 was $1,658,546.
Official website here: www.wwrr.com/hrcv.
Who are the executives of Historic Red Clay Valley Inc and what are their salaries?
The average compensation at Historic Red Clay Valley Inc during 2022 was $16,309. There are 13 employees and 78 volunteers at Historic Red Clay Valley Inc.
Here are 8 key members and their salaries:
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Official website here: www.wwrr.com/hrcv.
Where can I find the form 990 for Historic Red Clay Valley Inc?
Historic Red Clay Valley Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wwrr.com/hrcv.
Learn more at the official website: www.wwrr.com/hrcv.
Mission Statement of Historic Red Clay Valley Inc
Historic Red Clay Valley Inc, a nonprofit organization, is dedicated to preserving and interpreting the natural, cultural, and railroad heritage of Northern Delaware, with a particular focus on the Red Clay Valley. Their mission is to educate and provide enjoyment for the public through this preservation and interpretation effort. By doing so, they aim to celebrate and share the rich history and heritage of the region, fostering a deeper appreciation and understanding among the community.
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Impact
July, 2024
Historic Red Clay Valley Inc has a significant impact on preserving and interpreting the natural, cultural, and railroad heritage of northern Delaware, specifically focusing on the features of the Red Clay Valley. By aiming to educate and provide enjoyment to the public, this organization plays a crucial role in conserving and sharing the rich history and resources of this region. Through its efforts, Historic Red Clay Valley Inc helps to maintain a connection to the past while enhancing public awareness and appreciation for the area's unique heritage.
This information is meant to be a general summary of Historic Red Clay Valley 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: $145
- Program Service Revenue: $775,099
- Gross Receipts: $1,658,546
Assets and Liabilities:
- Total Assets: $12,707,875
- Total Liabilities: $33,770
- Net Assets: $12,674,105
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAIN RELATED INCOME
Revenue
$775,099
Organization Details
Founding Year
1966
Phone
(302) 998-1930Principal Officer
Robert C Peoples Jr
Main Address
PO BOX 5787, WILMINGTON, DE, 198080787
Website
www.wwrr.com/hrcv.NTEE Category
Code: A540 - Arts
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