Overview
What is The Station Fire Memorial Foundation?
The Station Fire Memorial Foundation, located at 78 Wilbur Avenue, Cranston, RI 02920, is a nonprofit organization with a mission to honor those who lost their lives or were injured in the tragic Station Fire. Their primary objective is to design and construct a memorial dedicated to these victims. The foundation is committed to maintaining this memorial as a lasting tribute, ensuring it remains a significant symbol of remembrance and healing for the affected communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Stars)
The Station Fire Memorial Foundation has received a Two-Star rating from Charity Navigator, indicating a mixed performance in accountability and finance. While the foundation excels in certain governance aspects, such as having a fully independent board and no liabilities to assets, its overall financial management shows room for improvement, particularly in its program expense ratio which stands at 62.96%.
Strengths of the organization include its 100% independent board members and the proper documentation of board meeting minutes. These factors contribute positively to governance and transparency. However, significant weaknesses include the absence of critical policies, such as a conflict of interest policy and whistleblower protection, which may raise concerns about organizational transparency and ethical practices.
Ultimately, while the foundation demonstrates solid governance practices, the lack of essential policies and a relatively low program expense ratio suggest areas that need attention. Donors and stakeholders may want to consider these factors when evaluating the foundation's overall impact and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Station Fire Memorial Foundation legitimate?
The Station Fire Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Station Fire Memorial 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Station Fire Memorial Foundation?
The Station Fire Memorial Foundation's mission is centered around constructing and maintaining a memorial to honor the victims of the Station Fire. In detail, they undertake the task of formulating plans and physically building a memorial that pays tribute to all those who lost their lives or were injured during the tragic event. The foundation's primary goal is to ensure an enduring tribute that serves as a reminder of the impact of the Station Fire.
What is the revenue of The Station Fire Memorial Foundation?
The Station Fire Memorial Foundation's revenue in 2024 was $37,421.
Who are the executives of The Station Fire Memorial Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Station Fire Memorial Foundation?
The Station Fire Memorial Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Station Fire Memorial Foundation
The Station Fire Memorial Foundation is dedicated to an important mission: constructing and maintaining a memorial to honor the lives lost and those injured in the devastating Station Fire. This nonprofit organization has set forth a plan to develop and erect a fitting tribute to pay respect to the victims affected by this tragic event. Their ultimate goal is to create a lasting memorial that serves as a solemn reminder of the impact of the Station Fire.
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Impact
August, 2024
The impact of The Station Fire Memorial Foundation is profound and heartfelt. It honors the memory of those who lost their lives or were injured in the Station Fire by creating a physical space where families, friends, and the community can come together to reflect, remember, and find solace. By constructing and maintaining a memorial, the foundation ensures that the tragic events of the Station Fire are never forgotten and that the lives affected are always honored. This initiative not only serves as a testament to the resilience of the community but also fosters healing and unity among those who have been touched by this tragedy.
This information is meant to be a general summary of The Station Fire Memorial 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 2024.
- Gross Receipts: $37,421
Assets and Liabilities:
- Total Assets: $1,227,251
- Total Liabilities: $0
- Net Assets: $1,227,251
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Organization Details
Principal Officer
Gina Russo
NTEE Category
Code: S20 - Community improvement
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