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Nebraska City Veterans Memorial Building Project

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

EIN: 811155784 ✦ Nebraska city, NE ✦ Designated as a 501(c)(3)

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Overview

What is Nebraska City Veterans Memorial Building Project?

The Nebraska City Veterans Memorial Building Project is a community-driven initiative centered in Nebraska City, Nebraska. Their primary objective is to restore and revitalize the historic Nebraska City Veterans Memorial Building, which serves as a tribute to our nation's heroes. The project aims to foster a sense of community, stimulate economic growth, and promote educational, culinary, and cultural arts events. The work encompasses repairing the flat roof and decorative clay tiles, addressing wood rot in soffits, and installing gutters to manage roof water flow. The mission of the Nebraska City Veterans Memorial Building Project is to establish a space for cultural, educational, and recreational activities in southeast Nebraska and southwest Iowa.


Official website here: www.veteransmemorialbuilding.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Nebraska City Veterans Memorial Building Project has shown a commitment to financial accountability and program efficiency, with a program expense ratio of 97.73%. This indicates that the majority of their expenses are directed towards their mission rather than administrative costs, which is a positive sign for potential donors.

However, the organization has some limitations in its governance practices. While it boasts a fully independent board and has no material diversion of assets, it lacks essential policies such as a whistleblower policy and a document retention and destruction policy. Additionally, the absence of their tax form on the nonprofit's website may hinder transparency efforts that donors often look for.

Despite these weaknesses, the project has a strong structure in terms of board independence and financial health, as evidenced by a 0% liabilities to assets ratio. Overall, while there are areas for improvement, the Nebraska City Veterans Memorial Building Project demonstrates a laudable commitment to its charitable mission.


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

Is Nebraska City Veterans Memorial Building Project legitimate?

Nebraska City Veterans Memorial Building Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska City Veterans Memorial Building Project 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


Official website here: www.veteransmemorialbuilding.com

What is the mission statement of Nebraska City Veterans Memorial Building Project?

The Nebraska City Veterans Memorial Building Project is an organization with a mission to restore and revitalize a historic landmark, the Nebraska City Veterans Memorial Building. This project aims to establish a space for cultural, educational, and recreational activities in the regions of southeast Nebraska and southwest Iowa. The organization's primary objective is to honor the nation's defenders while fostering community development and economic growth. Additionally, the project seeks to promote education and encourage culinary and cultural arts through the renovated building.


Official website here: www.veteransmemorialbuilding.com

Who is the CEO of Nebraska City Veterans Memorial Building Project?

Janet Palmtag is the President of Nebraska City Veterans Memorial Building Project.


Official website here: www.veteransmemorialbuilding.com

What is the revenue of Nebraska City Veterans Memorial Building Project?

Nebraska City Veterans Memorial Building Project's revenue in 2022 was $505,683.


Official website here: www.veteransmemorialbuilding.com

Who are the executives of Nebraska City Veterans Memorial Building Project and what are their salaries?

There 25 volunteers at Nebraska City Veterans Memorial Building Project.


Here are 9 key members and their salaries:


Janet Palmtag (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kuhn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Kruse (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Glover (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Helm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vaughn Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rex Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Madsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.veteransmemorialbuilding.com

Where can I find the form 990 for Nebraska City Veterans Memorial Building Project?

Nebraska City Veterans Memorial Building Project's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.veteransmemorialbuilding.com

Learn more at the official website: www.veteransmemorialbuilding.com

Mission Statement of Nebraska City Veterans Memorial Building Project

The Nebraska City Veterans Memorial Building Project, a group of dedicated citizens, is committed to revitalizing a historic landmark: the Nebraska City Veterans Memorial Building. Their mission is twofold. Firstly, they aim to preserve this building, a symbol of honor and respect for the nation's defenders. Secondly, they strive to establish a space for cultural, educational, and recreational activities in the regions of southeast Nebraska and southwest Iowa. The Project is deeply invested in revitalizing the building, transforming it into a hub for community engagement and economic development.

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Impact




July, 2024

The impact of the Nebraska City Veterans Memorial Building Project is significant in preserving a historic landmark, the Nebraska City Veterans Memorial Building, which honors our nation's defenders. By repairing the flat roof and decorative clay roofing tiles to stop leaks and addressing wood rot in the soffits, the project is ensuring the structural integrity of this important building. This effort not only safeguards a piece of history but also fosters community engagement, economic development, and the promotion of education, culinary, and cultural arts in Nebraska City. The project's dedication to revitalizing the building creates a space for various activities that benefit the local community and promote regional collaboration.




This information is meant to be a general summary of Nebraska City Veterans Memorial Building Project. 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
$505,683 (2022)
Expenses
$342,695 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Program Service Revenue: $2,150
  • Gross Receipts: $512,066

Assets and Liabilities:

  • Total Assets: $421,809
  • Total Liabilities: $0
  • Net Assets: $421,809

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Programs

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

Community event room rental

Revenue

$2,150

Organization Details

Founding Year

2016

Principal Officer

Janet Palmtag

Main Address

PO Box 121, Nebraska City, NE, 68410

NTEE Category

Code: S20 - Community improvement

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