Overview
What is Carroll Baldwin Memorial Institute Inc?
Carroll Baldwin Memorial Institute Inc, situated in Savage, Maryland, is a nonprofit organization renowned for renting out a revitalized 1920s-era community hall. The building, donated to serve as a community hub, is meticulously maintained by the institute. The hall hosts a variety of community events open to the public, such as board meetings, volunteer work nights, plant sales, and concerts, to name a few. These events aim to foster a sense of community among the locals, providing opportunities for social interaction and engagement. The institute's activities are centered around the rental and upkeep of this historic building, which serves as a valuable asset to the Savage community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating reflects a solid performance in accountability and finance, indicating that while the organization demonstrates strengths, there is still room for improvement in its overall management and operational practices.
The Carroll Baldwin Memorial Institute Inc showcases strong governance with a fully independent board, consisting of 15 members, and maintains thorough documentation of board meeting minutes. The organization also excels in financial health, with a low liabilities to assets ratio of 6.86% and a high program expense ratio of 86.25%, suggesting that a significant portion of its resources is directed towards its charitable programs.
However, the overall Two-Star rating indicates that while the institute meets essential criteria, there are areas that could benefit from enhancement. Continued focus on improving transparency and financial practices may help to elevate their rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Carroll Baldwin Memorial Institute Inc legitimate?
Carroll Baldwin Memorial Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carroll Baldwin Memorial Institute 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: $26,171
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What is the mission statement of Carroll Baldwin Memorial Institute Inc?
The Carroll Baldwin Memorial Institute Inc is dedicated to maintaining and renting out a historic building built in 1922, which was donated to serve as a community hall in Savage, Maryland. The organization's primary mission is to make this revitalized 1920s-era building available for various community functions and events open to the public. Throughout the year, they host a range of events such as board meetings, volunteer work nights, plant sales, festivals, concerts, camps, and holiday celebrations. These events aim to bring the community together, providing opportunities for social interaction and engagement.
Who is the CEO of Carroll Baldwin Memorial Institute Inc?
Jeffrey Smith is the President of Carroll Baldwin Memorial Institute Inc.
What is the revenue of Carroll Baldwin Memorial Institute Inc?
Carroll Baldwin Memorial Institute Inc's revenue in 2022 was $97,987.
Who are the executives of Carroll Baldwin Memorial Institute Inc and what are their salaries?
The average compensation at Carroll Baldwin Memorial Institute Inc during 2022 was $2,379. There are 11 employees and 75 volunteers at Carroll Baldwin Memorial Institute Inc.
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Where can I find the form 990 for Carroll Baldwin Memorial Institute Inc?
Carroll Baldwin Memorial Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carroll Baldwin Memorial Institute Inc
The Carroll Baldwin Memorial Institute Inc is dedicated to maintaining and renting out a historic building constructed in 1922, which was donated to serve as a community hall in Savage, Maryland. The primary mission of this nonprofit organization is to preserve this 1920's-era building and make it available for the community to host various functions and events.
Throughout the year, the Carroll Baldwin Memorial Institute Inc hosts a variety of community events open to the public. These events cater to a wide range of interests, including educational programs, volunteer work nights, and entertainment events such as concerts and dances. For instance, in 2022, the Institute hosted the Savage Community Association's (SCA) and CBMI semi-monthly board meetings, a Boy Scout enclosure project, and a Sunny Smiles open house. Additionally, events like the Savage Fest, Columbia Big Band concert, and SCA plant sale drew in local residents.
The Carroll Baldwin Memorial Institute Inc's commitment to the community extends beyond organizing events. By providing a revitalized venue for community gatherings, the Institute plays an essential role in fostering a sense of unity and togetherness among the residents of Savage, Maryland. The diverse range of events hosted by the Institute ensures that there is something for everyone, promoting a vibrant and inclusive community atmosphere.
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Impact
October, 2024
Carroll Baldwin Memorial Institute Inc significantly enhances community engagement and cultural appreciation in Savage, Maryland, through its stewardship of a historic building constructed in 1922. This revitalized community hall serves as a vibrant venue for a diverse array of events, fostering connections among residents and promoting local initiatives.
The hall hosts semi-monthly board meetings for the Savage Community Association, facilitating important discussions and planning for the community's needs. It provides a platform for various activities, such as volunteer work nights that encourage community involvement and collaboration on local projects, including the Boy Scouts' enclosure project.
Throughout the year, the institute organizes and supports public events that enrich the cultural landscape of the area, from seasonal festivities like the SCA Plant Sale and Holiday Celebration to more frequent gatherings such as music concerts, dance events, and educational camps. These events not only celebrate the arts but also create a welcoming environment for residents of all ages to connect, learn, and enjoy.
Moreover, the influence of the Carroll Baldwin Memorial Institute extends beyond recreational activities; it plays a vital role in preserving local history and fostering community pride by maintaining an iconic landmark. Through its various functions, the institute contributes to a stronger, more cohesive community fabric in Savage, promoting unity and inclusivity while celebrating the area’s heritage.
This information is meant to be a general summary of Carroll Baldwin Memorial Institute 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
- Program Service Revenue: $81,706
- Gross Receipts: $97,987
Assets and Liabilities:
- Total Assets: $120,430
- Total Liabilities: $8,269
- Net Assets: $112,161
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Organization Details
Founding Year
1922
Phone
(410) 294-3561Principal Officer
Jeffrey Smith
Main Address
PO BOX 631, SAVAGE, MD, 207630631
NTEE Category
Code: A80 - Arts
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