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Chesapeake Crossroads Heritage Area Inc

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

EIN: 743082381 ✦ Annapolis, MD ✦ Designated as a 501(c)(3)

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Overview

What is Chesapeake Crossroads Heritage Area Inc?

Chesapeake Crossroads Heritage Area Inc is a 501(c)3 nonprofit organization situated in Maryland, dedicated to fostering preservation and economic growth in its region. By supporting and promoting natural, historical, and cultural resources, it stimulates development and boosts the local economy. As one of Maryland's 13 certified heritage areas, it serves as an essential intermediary, offering eligible heritage-related organizations and municipalities within its boundaries access to matching Maryland Heritage Areas authority (MHAA) grants and low-interest business loans. Since its certification, the organization has secured over $6.9 million in funding for heritage projects, resulting in a total leverage of $18 million. The Captain Avery Museum and Chesapeake Children's Museum are among the organizations it collaborates with, providing art activities and managing events like Maryland Day Weekend.


Official website here: www.chesapeakecrossroads.org

Is Chesapeake Crossroads Heritage Area Inc legitimate?

Chesapeake Crossroads Heritage Area Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesapeake Crossroads Heritage Area 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: $73,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,216

For more financial information, click here


Official website here: www.chesapeakecrossroads.org

What is the mission statement of Chesapeake Crossroads Heritage Area Inc?

The mission of Chesapeake Crossroads Heritage Area, a nonprofit organization recognized as one of Maryland's 13 certified heritage areas, is to foster preservation and stimulate economic growth in the region. They achieve this by supporting and promoting its natural, historic, and cultural resources. Chesapeake Crossroads Heritage Area serves as the sole entity for heritage-related nonprofits and municipalities within its borders, providing them with access to matching Maryland Heritage Areas authority (MHAA) grants and low-interest business loans. Since its certification, the organization has secured more than $6.9 million in funding for heritage organizations and projects, resulting in a total leverage of $18 million. This funding has significantly contributed to the development and preservation of heritage sites and businesses within the area.


Official website here: www.chesapeakecrossroads.org

Who is the CEO of Chesapeake Crossroads Heritage Area Inc?

Barbara A Polito is the Treasurer of Chesapeake Crossroads Heritage Area Inc.


Official website here: www.chesapeakecrossroads.org

What is the revenue of Chesapeake Crossroads Heritage Area Inc?

Chesapeake Crossroads Heritage Area Inc's revenue in 2023 was $248,755.


Official website here: www.chesapeakecrossroads.org

Who are the executives of Chesapeake Crossroads Heritage Area Inc and what are their salaries?

The average compensation at Chesapeake Crossroads Heritage Area Inc during 2023 was $28,910. There are 3 employees at Chesapeake Crossroads Heritage Area Inc.


Here are 9 key members and their salaries:


Carol Benson Phd (Executive Direc)
  • Compensation: $73,514
  • Related: $0
  • Other: $0
Lily Openshaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gertrude Makell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Russo Phd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara A Polito (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Nowak-Waring (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Leahy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Skipper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linnell Bowen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chesapeakecrossroads.org

Where can I find the form 990 for Chesapeake Crossroads Heritage Area Inc?

Chesapeake Crossroads Heritage Area Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.chesapeakecrossroads.org

Learn more at the official website: www.chesapeakecrossroads.org

Mission Statement of Chesapeake Crossroads Heritage Area Inc

Chesapeake Crossroads Heritage Area, a recognized 501(c)3 organization, is dedicated to stimulating the preservation and economic development of its region. This nonprofit achieves this mission by supporting and promoting the area's natural, historic, and cultural resources. As one of Maryland's 13 certified heritage areas, Chesapeake Crossroads Heritage Area serves as the sole entity that grants eligible heritage-related nonprofit organizations and municipalities within its boundaries access to matching Maryland Heritage Areas authority (MHAA) funds and low-interest business loans. Since its certification, this organization has brought more than $6.9 million in heritage funding to the area, which has led to a total leverage of $18 million for heritage organizations and projects. By investing in the preservation and promotion of its region's rich heritage, Chesapeake Crossroads Heritage Area encourages economic growth and development.

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Impact




October, 2024

Chesapeake Crossroads Heritage Area Inc significantly impacts the preservation and economic development of its region by actively supporting and promoting its natural, historic, and cultural resources. As one of Maryland's 13 certified heritage areas, it serves as a crucial conduit for heritage-related nonprofit organizations and municipalities, enabling them to access matching grants and low-interest business loans from the Maryland Heritage Areas Authority (MHAA).

Since its certification, Chesapeake Crossroads Heritage Area has successfully secured over $6.9 million in funding for various heritage organizations and projects. This investment has led to a remarkable total leverage of $18 million, fostering significant growth in heritage activities and initiatives.

The area is home to cultural events and collaborative projects, such as the heritage-related art programs offered at the Captain Avery Museum and the Maryland Day Weekend celebration. By enhancing economic opportunities tied to heritage tourism and supporting community engagement in the arts, Chesapeake Crossroads Heritage Area Inc plays a vital role in enriching the cultural landscape and economic vitality of the region.




This information is meant to be a general summary of Chesapeake Crossroads Heritage Area 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
$248,755 (2023)
Expenses
$232,814 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $14
  • Program Service Revenue: $437
  • Gross Receipts: $248,755

Assets and Liabilities:

  • Total Assets: $293,612
  • Total Liabilities: $20,000
  • Net Assets: $273,612

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Special Event Donations

Revenue

$437

Organization Details

Principal Officer

Barbara A Polito

Main Address

44 Calvert St MS 1106, Annapolis, MD, 21401

NTEE Category

Code: A80 - Arts

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