Overview
What is Village Heritage Foundation?
The Village Heritage Foundation is a nonprofit organization situated in Pinehurst, North Carolina. Its primary goal is to offer financial assistance for the preservation, restoration, and enhancement of historic properties within the historic district of Pinehurst village. The organization's mission is centered around maintaining and revitalizing these historical landmarks, helping to preserve the region's rich cultural heritage. Their activities and mission remain dedicated to this purpose.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Village Heritage Foundation demonstrates a decent level of accountability and financial health, there are areas that could be improved to enhance overall effectiveness and transparency.
The organization has strength in governance, with a fully independent board and no reported material diversion of assets. Additionally, they excel in their program expense ratio, allocating 84.61% of their expenses to programs, which suggests a strong commitment to their mission. The documentation of board meeting minutes is also well-managed.
However, the overall rating reflects some limitations in the nonprofit's operations and financial practices. While the board's independence and asset management are commendable, the organization could benefit from improving its overall accountability measures and performance metrics to achieve a higher rating. Enhancing transparency and demonstrating impact would be beneficial for fostering trust and support from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Village Heritage Foundation legitimate?
Village Heritage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Heritage 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 Village Heritage Foundation?
The Village Heritage Foundation's mission is centered around providing financial assistance to preserve, renovate, and enhance historic properties within a specific district. Their primary objective is to maintain the historical integrity of these properties, ensuring they continue to stand as testaments to the past. By offering financial support, the foundation plays a crucial role in preserving the cultural heritage and history of these structures. The organization's activities contribute to the overall aesthetics and historical significance of the area, ensuring these historic properties remain an integral part of the community's identity.
Who is the CEO of Village Heritage Foundation?
Stephen M Leggett is the Vice President of Village Heritage Foundation.
What is the revenue of Village Heritage Foundation?
Village Heritage Foundation's revenue in 2022 was $17,839.
Who are the executives of Village Heritage Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Village Heritage Foundation?
Village Heritage Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Village Heritage Foundation
The Village Heritage Foundation, a nonprofit organization, is dedicated to preserving, restoring, and enhancing historic properties in a designated historic district. Through its mission, the organization provides financial support to ensure the maintenance and upkeep of these historical landmarks, aiming to preserve their historical significance and charm for future generations. By investing in these properties, the Village Heritage Foundation contributes to the overall character and heritage of the community.
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Impact
August, 2024
Village Heritage Foundation's impact lies in its crucial role in maintaining, restoring, and enhancing historic properties in the historic district of the Village of Pinehurst. By providing financial support for these endeavors, the Foundation contributes to the preservation of the area's rich heritage and cultural significance. Through its actions, the Foundation ensures that these historic properties are not only preserved for future generations but also serve as a valuable link to the past, enriching the community's cultural landscape.
This information is meant to be a general summary of Village Heritage 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: -$10,459
- Gross Receipts: $31,342
Assets and Liabilities:
- Total Assets: $196,305
- Total Liabilities: $0
- Net Assets: $196,305
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Organization Details
Founding Year
1993
Phone
(910) 315-8243Principal Officer
Stephen M Leggett
Main Address
PO BOX 398, PINEHURST, NC, 28370
NTEE Category
Code: A80Z - Arts
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