Overview
What is Metropolitan Club Preservation Foundation?
The Metropolitan Club Preservation Foundation is a nonprofit organization situated in Washington, D.C., specifically at 1700 H Street NW, 20006. Their primary mission is to preserve and honor the historical and architectural significance of the District of Columbia, with a specific focus on the Metropolitan Club and the Lafayette Park area. Their activities are centered around the structural preservation of historic sites, ensuring their longevity and continued appreciation for generations to come.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%)
The Metropolitan Club Preservation Foundation has received a two-star rating, indicating a need for improvement in its accountability and financial practices. While the organization boasts a strong independent board with 100% independent members and a favorable liabilities to assets ratio of 0.00%, its financial transparency falls short in several key areas. The absence of financial statements and critical policies, such as a conflict of interest and whistleblower policies, raises concerns about its governance.
On a positive note, the foundation allocates a significant portion of its budget to program expenses, with a program expense ratio of 91.79%. This suggests a commitment to its mission, despite the lack of publicly accessible financial documentation. The organization does have a well-documented approach to document retention and has maintained meeting minutes, which reflects some level of operational integrity.
However, the missing elements, such as a website listed on the tax form and posted tax forms on its website, detract from its overall score. The foundation may benefit from enhancing its financial transparency and governance policies to secure higher ratings and foster greater public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Club Preservation Foundation legitimate?
Metropolitan Club Preservation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Club Preservation Foundation 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.
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What is the mission statement of Metropolitan Club Preservation Foundation?
The Metropolitan Club Preservation Foundation's mission is centered around preserving and commemorating the historical and architectural heritage of a specific area. With a focus on the Metropolitan Club and Lafayette Park, this foundation aims to conserve and safeguard these structures, ensuring their longevity and significance for future generations. The organization's activities primarily involve the preservation of buildings, land, and homes within the District of Columbia, contributing to the maintenance of its historical character and identity.
Who is the CEO of Metropolitan Club Preservation Foundation?
William Ct Gaynor Ii is the President of Metropolitan Club Preservation Foundation.
What is the revenue of Metropolitan Club Preservation Foundation?
Metropolitan Club Preservation Foundation's revenue in 2022 was $726,592.
Who are the executives of Metropolitan Club Preservation Foundation and what are their salaries?
There 14 volunteers at Metropolitan Club Preservation Foundation.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Metropolitan Club Preservation Foundation?
Metropolitan Club Preservation Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Metropolitan Club Preservation Foundation
The Metropolitan Club Preservation Foundation is committed to preserving the history and architecture of a specific area, with a particular focus on the Metropolitan Club. This nonprofit organization aims to memorialize the rich heritage of the District of Columbia, dedicating its efforts to the structural conservation of various buildings, lands, and homes within the region, with the Metropolitan Club and Lafayette Park area serving as its primary points of interest. By preserving these historical sites, the Metropolitan Club Preservation Foundation contributes to maintaining the district's cultural identity and ensuring that future generations can appreciate its architectural heritage.
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Impact
July, 2024
The Metropolitan Club Preservation Foundation's impact is significant in preserving and memorializing the history and architecture of the District of Columbia, with a particular focus on the Metropolitan Club and the Lafayette Park area. Through its structural preservation activities, the foundation works to ensure that important historical buildings, land, and homes in Washington, DC are conserved for future generations to appreciate and enjoy. This helps maintain the cultural heritage and aesthetic value of the region, contributing to the overall enrichment of the arts and historical significance in the area.
This information is meant to be a general summary of Metropolitan Club Preservation Foundation. 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: $707
- Gross Receipts: $740,919
Assets and Liabilities:
- Total Assets: $598,932
- Total Liabilities: $0
- Net Assets: $598,932
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Organization Details
Founding Year
1997
Phone
(202) 835-2500Principal Officer
William Ct Gaynor Ii
Main Address
1700 H STREET NW, WASHINGTON, DC, 20006
NTEE Category
Code: A80 - Arts
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