Overview
What is Hrcd Corporation?
Hrcd Corporation is a nonprofit organization situated in Hickman, Kentucky. Their primary focus is on preserving history, as evidenced by their maintenance of both railroad tracks and historical buildings. Additionally, they are involved in establishing historical societies and centers dedicated to the conservation of historical artifacts and landmarks. Their mission lies in the preservation of the past, ensuring that future generations can appreciate and learn from the rich history their community has to offer.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)
Hrcd Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The charity excels in key areas such as having a fully independent board and maintaining a strong ratio of program expenses, suggesting effective use of resources. It has also demonstrated good practices in documentation of board meeting minutes and management of liabilities.
However, the organization shows significant weaknesses in transparency, with several important policies and documents missing from its website. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and documentation retention guidelines, which could raise concerns about governance and accountability. Additionally, the absence of the organization's website link on tax forms further detracts from its overall score.
Overall, while Hrcd Corporation demonstrates strengths in board independence and financial management, its lack of essential policies and visibility may hinder trust among potential donors and beneficiaries. Addressing these gaps could significantly enhance its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hrcd Corporation legitimate?
Hrcd Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hrcd Corporation 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: $6,000
For more financial information, click here
What is the mission statement of Hrcd Corporation?
Hrcd Corporation is dedicated to preserving historical buildings and railroad tracks. In line with this mission, the corporation establishes historical societies and focuses on the conservation of historical artifacts. While the specific location of Hrcd Corporation isn't provided, their primary objective remains maintaining and preserving historical structures and sites.
Who is the CEO of Hrcd Corporation?
Charles Chuck Murphy is the Board Member of Hrcd Corporation.
What is the revenue of Hrcd Corporation?
Hrcd Corporation's revenue in 2023 was $76,168.
Who are the executives of Hrcd Corporation and what are their salaries?
The average compensation at Hrcd Corporation during 2023 was $6,000. There is 1 employee at Hrcd Corporation.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hrcd Corporation?
Hrcd Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hrcd Corporation
Hrcd Corporation, as a mission-driven entity, is dedicated to preserving historical buildings and railroad tracks. This organization goes beyond mere maintenance; it also serves as a hub for historical societies, focusing on the conservation of historical artifacts and structures. By organizing and championing historical preservation, Hrcd Corporation plays a significant role in safeguarding the past for future generations.
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Impact
August, 2024
Hrcd Corporation's impact lies in the preservation of railroad tracks and historical buildings, particularly in Hickman, KY. By maintaining these historical landmarks, the organization contributes to the preservation of local history and heritage. Additionally, through its activities as a historical society, Hrcd Corporation helps educate the community about the importance of historical preservation and fosters a sense of pride and connection to the past. Overall, the organization's efforts have a public benefit in enriching the cultural landscape of the area and maintaining a link to the region's history.
This information is meant to be a general summary of Hrcd Corporation. 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 2023.
- Investment Income: $1,537
- Program Service Revenue: $74,631
- Gross Receipts: $76,168
Assets and Liabilities:
- Total Assets: $1,120,767
- Total Liabilities: $174
- Net Assets: $1,120,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RAILFOAD LEASE
Revenue
$72,625
OTHER INCOME
Revenue
$2,006
Organization Details
Founding Year
1982
Principal Officer
Charles Chuck Murphy
Main Address
P O BOX 48, HICKMAN, KY, 42050
NTEE Category
Code: W400 - Public benefit
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