Overview
What is Historic Watertown Inc?
Historic Watertown Inc is a nonprofit organization based in Watertown, Tennessee. Their primary mission revolves around preserving and rehabilitating the architectural and transportation heritage of Watertown, with a secondary goal of revitalizing its economic foundation. To achieve this, they maintain the town's landscaping and manage the expenses related to the town's welcome center. Additionally, they have provided grants for the improvement of three building facades. Overall, Historic Watertown Inc works tirelessly to preserve Watertown's rich history and support its growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Historic Watertown Inc has received a two-star rating from Charity Navigator, with an overall score of 73%. The organization shows strong accountability with 100% independent board members and no material diversion of assets. However, it lacks several critical policies, including a conflict of interest policy and a whistleblower policy, which has contributed to its lower rating.
User feedback on platforms like Great Nonprofits is more positive, highlighting the organization's efforts to beautify the historic square and organize community events like the Big Hill challenge bike race. One review praised the dedication of the volunteers and the impact of their initiatives on the Watertown community.
While the organization demonstrates a strong commitment to program expenses, the lack of required governance policies and missing information on their website may hinder transparency and public trust. Addressing these areas could enhance their overall rating and community support.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Historic Watertown Inc legitimate?
Historic Watertown Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Watertown 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 Historic Watertown Inc?
Historic Watertown Inc aims to preserve and rehabilitate the architectural and transportation heritage of a town, while also offering opportunities to revitalize its economic foundation. Specifically, the organization focuses on maintaining the town's landscaping and expenses related to its welcome center. Additionally, Historic Watertown provides grants for the improvement of building facades.
Who is the CEO of Historic Watertown Inc?
Tim Dowd is the President of Historic Watertown Inc.
What is the revenue of Historic Watertown Inc?
Historic Watertown Inc's revenue in 2022 was $24,494.
Who are the executives of Historic Watertown Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Historic Watertown Inc?
Historic Watertown Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Historic Watertown Inc
Historic Watertown Inc, a dedicated nonprofit organization, is committed to preserving and rehabilitating the architectural and transportation heritage of a certain town. Their mission is multifaceted, aiming not only to safeguard the historical structures but also to revitalize the town's economic foundation.
The organization takes an active role in maintaining the town's townsquare landscaping and all expenses related to the town's welcome center. Furthermore, Historic Watertown Inc has provided grants for the improvement of several building facades, demonstrating their commitment to restoring the town's historical charm.
In essence, Historic Watertown Inc serves as a beacon for preservation and revitalization, working tirelessly to ensure the town's architectural legacy endures while fostering opportunities for economic growth.
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Impact
June, 2024
Historic Watertown Inc has played a significant role in preserving and rehabilitating the architectural and transportation heritage of Watertown, TN. The organization's efforts have not only helped maintain the town square landscaping and expenses related to the town's welcome center but have also provided grants for the improvement of three building facades. By focusing on the preservation and revitalization of Watertown's historical assets, Historic Watertown Inc has made a tangible impact on the town's economic foundation.
This information is meant to be a general summary of Historic Watertown 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20
- Gross Receipts: $24,494
Assets and Liabilities:
- Total Assets: $297,138
- Total Liabilities: $0
- Net Assets: $297,138
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Organization Details
Founding Year
1991
Principal Officer
Tim Dowd
Main Address
PO BOX 351, Watertown, TN, 37184
NTEE Category
Code: C00 - Environment
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