Overview
What is Center For Transportation And Commerce?
The Center for Transportation and Commerce is a nonprofit organization situated in Galveston, Texas, at 2602 Santa Fe Place. Their primary focus is to maintain, improve, and promote their museum, which showcases the evolution of transportation in the Galveston area. The organization has a strong emphasis on railroad transportation and artifacts, including rolling stock, as evident from their operations. With a dedicated team of 17 individuals, the Center for Transportation and Commerce contributes to preserving and sharing the rich history of transportation in the region.
Official website here: www.galvestonrrmuseum.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 79%, Three-Star out of Four Star rating.
The Center for Transportation and Commerce has received a solid Three-Star rating from Charity Navigator, indicating a generally positive evaluation of its operations and financial practices. With an emphasis on Accountability and Finance, the organization scored 77 out of 100, reflecting strong practices such as having a fully independent board and no material diversion of assets. Its high program expense ratio of 87.40% suggests a significant focus on direct program services rather than administrative costs.
Strengths of the organization include a perfect score in Leadership and Adaptability, with a total of 100. This indicates effective leadership practices and a solid strategic approach to fulfilling its mission. The board's independence, documented meeting minutes, and comprehensive policies—such as a whistleblower policy—further enhance its accountability.
Despite the overall positive feedback, the Accountability and Finance score of 77 suggests there are areas for improvement. However, the strong scores in leadership and adaptability demonstrate the organization’s commitment to maintaining effective governance and responsiveness to changing needs in its sector. Overall, the Center for Transportation and Commerce appears to be a reliable nonprofit with a strong performance in key operational areas.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Transportation And Commerce legitimate?
Center For Transportation And Commerce is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Transportation And Commerce 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: $70,146
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,878
For more financial information, click here
Official website here: www.galvestonrrmuseum.org
What is the mission statement of Center For Transportation And Commerce?
The Center for Transportation and Commerce's mission is centered around the operation of a transportation museum, with a particular focus on railroad transportation and related artifacts, such as rolling stock. The main objective of this establishment is to preserve, enhance, and promote the museum, showcasing memorabilia and exhibits that depict the historical advancements in transportation within the Galveston area. By maintaining and improving the museum, the Center for Transportation and Commerce aims to educate and engage visitors, offering them an insightful journey through the evolution of transportation.
Official website here: www.galvestonrrmuseum.org
Who is the CEO of Center For Transportation And Commerce?
Doug Poole is the Vice President of Center For Transportation And Commerce.
Official website here: www.galvestonrrmuseum.org
What is the revenue of Center For Transportation And Commerce?
Center For Transportation And Commerce's revenue in 2022 was $3,239,875.
Official website here: www.galvestonrrmuseum.org
Who are the executives of Center For Transportation And Commerce and what are their salaries?
The average compensation at Center For Transportation And Commerce during 2022 was $22,296. There are 17 employees at Center For Transportation And Commerce.
Here are 9 key members and their salaries:
- Compensation: $65,559
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- Other: $0
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Official website here: www.galvestonrrmuseum.org
Where can I find the form 990 for Center For Transportation And Commerce?
Center For Transportation And Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.galvestonrrmuseum.org
Learn more at the official website: www.galvestonrrmuseum.org
Mission Statement of Center For Transportation And Commerce
The Center for Transportation and Commerce is dedicated to maintaining, enhancing, and promoting its museum, showcasing the progression of transportation in the Galveston area. With a primary focus on railroad transportation and artifacts, including rolling stock, the center serves as a repository of memorabilia and exhibits that chronicle the evolutions in transportation history. By operating this museum, the Center for Transportation and Commerce aims to preserve and share the rich transportation heritage of the region, providing visitors with an enlightening and engaging experience.
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Impact
July, 2024
The Center for Transportation and Commerce has a significant impact on the community by preserving and showcasing the rich history of transportation in the Galveston area. Through its museum, the organization educates visitors about the evolution of transportation, with a specific focus on railroad transportation and artifacts including rolling stock. By maintaining, improving, and promoting the museum, the Center for Transportation and Commerce contributes to preserving cultural heritage and providing a valuable educational resource for residents and tourists alike. Its efforts help to celebrate and honor the importance of transportation in shaping the identity and development of the Galveston region.
This information is meant to be a general summary of Center For Transportation And Commerce. 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: $8,115
- Program Service Revenue: $2,285,200
- Gross Receipts: $3,313,614
Assets and Liabilities:
- Total Assets: $7,222,236
- Total Liabilities: $574,155
- Net Assets: $6,648,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS INCOME
Revenue
$362,876
FACILITY RENTAL
Revenue
$22,033
OTHER INCOME
Revenue
$44,833
POLAR EXPRESS INCOME
Revenue
$1,806,427
TINI RIDES
Revenue
$49,031
Organization Details
Founding Year
1982
Phone
(409) 765-5700Principal Officer
Doug Poole
Main Address
2602 Santa Fe Place, Galveston, TX, 77550
Website
www.galvestonrrmuseum.orgNTEE Category
Code: A500 - Arts
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