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Theodore Roosevelt Gibson Memorial Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592313448 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Theodore Roosevelt Gibson Memorial Fund Inc?

Theodore Roosevelt Gibson Memorial Fund Inc is a nonprofit organization located in Miami, Florida, specifically at 3634 Grand Avenue. The primary objective of this organization is to foster unity and bridge the divide among diverse communities within Coconut Grove and broader Miami-Dade regions. To accomplish this, they have initiated the Coconut Grove Historical Museum Project, aiming to establish a state-of-the-art museum in the Coconut Grove area. This museum will serve as a repository for preserving the area's history, attracting visitors, and promoting Coconut Grove. To expand their reach, they plan to develop an interactive website, allowing those unable to visit the museum physically to explore the exhibits and historical artifacts using a desktop or mobile device.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates that while the Theodore Roosevelt Gibson Memorial Fund Inc meets some essential standards for accountability and transparency, it still has room for improvement in specific financial metrics.

The organization scores well in areas such as board independence and governance policies, demonstrating a commitment to ethical practices and oversight. With a perfect score in board member independence and several governance policies, it shows a strong foundation in its operational structure. However, the program expense ratio indicates that a significantly lower percentage of its expenses is directed toward programs compared to the overall expenditures, suggesting potential inefficiencies in resource allocation.

Despite its strengths in governance and adherence to policies, the organization's two-star rating reflects concerns regarding its financial management, particularly in maximizing programmatic impact. Stakeholders might look for improvements in how funds are utilized to enhance direct services and outreach efforts.


This AI summary has been generated from information found on Charity Navigator.

Is Theodore Roosevelt Gibson Memorial Fund Inc legitimate?

Theodore Roosevelt Gibson Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theodore Roosevelt Gibson Memorial Fund 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: $0

For more financial information, click here

What is the mission statement of Theodore Roosevelt Gibson Memorial Fund Inc?

The Theodore Roosevelt Gibson Memorial Fund Inc was established with the mission to foster unity and bridge the gaps between diverse groups within local Coconut Grove and wider Miami-Dade communities. To achieve this, the organization is working on a project to establish a historical museum, known as the New TRGMF Coconut Grove Historical Museum. This museum aims to preserve the history of Coconut Grove, promoting the area while also developing an interactive website. This digital platform will enable individuals unable to physically tour the museum to explore exhibits and historical artifacts using a desktop or mobile device.

Who is the CEO of Theodore Roosevelt Gibson Memorial Fund Inc?

Charles A Gibson is the President of Theodore Roosevelt Gibson Memorial Fund Inc.

What is the revenue of Theodore Roosevelt Gibson Memorial Fund Inc?

Theodore Roosevelt Gibson Memorial Fund Inc's revenue in 2023 was $17,466.

Who are the executives of Theodore Roosevelt Gibson Memorial Fund Inc and what are their salaries?


Here are 4 key members and their salaries:


Sondra Wallace (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia S Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles A Gibson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Rodriguez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Theodore Roosevelt Gibson Memorial Fund Inc?

Theodore Roosevelt Gibson Memorial Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Theodore Roosevelt Gibson Memorial Fund Inc

Theodore Roosevelt Gibson Memorial Fund Inc, a notable organization, was established with a mission to foster unity and bridge the gaps between diverse groups within the local Coconut Grove and wider Miami-Dade communities. This mission is aimed at promoting understanding, cooperation, and cohesion among different groups, thereby fostering a more inclusive and harmonious society.

To further its mission, Theodore Roosevelt Gibson Memorial Fund Inc has undertaken an initiative to create a historical museum. This project, named the New TRGMF Coconut Grove Historical Museum, seeks to preserve and showcase the rich history of Coconut Grove. The museum will serve as a physical space where visitors can explore and learn about the area's past. Additionally, the organization is developing an interactive website to complement the museum. This digital platform will allow individuals who are unable to visit the physical museum to still engage with its exhibits and historical artifacts through a desktop or mobile device. This dual approach of a physical museum and an interactive website is designed to make the history of Coconut Grove accessible and engaging for a wide audience.

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Impact




August, 2024

The Theodore Roosevelt Gibson Memorial Fund Inc's impact is focused on unifying and bridging gaps between diverse groups within the local Coconut Grove and wider Miami-Dade communities. One of their key initiatives is the creation of a historical museum - the TRGMF Coconut Grove Historical Museum Project. This project aims to preserve the history of Coconut Grove by developing a state-of-the-art museum and an interactive website. The museum will help promote the Coconut Grove area, while the website will allow individuals to explore the museum exhibits and historical artifacts remotely. Through its mission of unity and community building, the organization is making a positive impact by promoting philanthropy and preserving the rich heritage of the Coconut Grove community in Miami, Florida.




This information is meant to be a general summary of Theodore Roosevelt Gibson Memorial Fund 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.

Revenue
$17,466 (2023)
Expenses
$10,033 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $66
  • Gross Receipts: $33,666

Assets and Liabilities:

  • Total Assets: $800,615
  • Total Liabilities: $900
  • Net Assets: $799,715

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Organization Details

Founding Year

1983

Principal Officer

Charles A Gibson

Main Address

3634 GRAND AVENUE, MIAMI, FL, 33133

NTEE Category

Code: T90Z - Philanthropy

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