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Friends Of The Historic Adams Hotel

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

EIN: 812570014 ✦ Lavina, MT ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Historic Adams Hotel?

Friends Of The Historic Adams Hotel is a nonprofit organization located in Lavina, Montana. Their primary mission is to preserve the Adams Hotel, a historic building listed on the National Registry. The building, specifically its foundation, has deteriorated over time. In 2019, they managed to repair and paint the front facade with the aid of a grant, donations, and a fundraiser. A significant donation of $200,000 was received in 2020, enabling them to start planning for extensive foundation repairs. Although they fell short of the required funds, they commenced the project in 2021 and have recently completed siding repairs and exterior painting in 2022. The organization continues to work towards preserving this significant piece of Montana's history.


Official website here: www.friends of the historic adams facebook instagram

Is Friends Of The Historic Adams Hotel legitimate?

Friends Of The Historic Adams Hotel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Historic Adams Hotel 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.friends of the historic adams facebook instagram

What is the mission statement of Friends Of The Historic Adams Hotel?

The mission of Friends Of The Historic Adams Hotel is centered around preserving an historic building, which is listed on the National Registry, located in an undisclosed location. The building has experienced significant deterioration, particularly with its foundation. In 2019, they managed to repair and paint the front of the building with the aid of a grant, donations, and a fundraiser. In 2020, they received a substantial donation of $200,000, enabling them to initiate plans to repair the foundation, which was in critical condition. However, they did not have sufficient funds to commence the project immediately. Nonetheless, they started the foundation repair in 2021 and have been making progress, with the siding repair and exterior painting completed in 2022. Their ongoing mission is to preserve this historical building.


Official website here: www.friends of the historic adams facebook instagram

Who is the CEO of Friends Of The Historic Adams Hotel?

Catherine Thayer is the President of Friends Of The Historic Adams Hotel.


Official website here: www.friends of the historic adams facebook instagram

What is the revenue of Friends Of The Historic Adams Hotel?

Friends Of The Historic Adams Hotel's revenue in 2021 was $110,009.


Official website here: www.friends of the historic adams facebook instagram

Who are the executives of Friends Of The Historic Adams Hotel and what are their salaries?


Here are 5 key members and their salaries:


Catherine Thayer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Dedman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenore Swensen (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lehfeldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lehfeldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friends of the historic adams facebook instagram

Where can I find the form 990 for Friends Of The Historic Adams Hotel?

Friends Of The Historic Adams Hotel's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.friends of the historic adams facebook instagram

Learn more at the official website: www.friends of the historic adams facebook instagram

Mission Statement of Friends Of The Historic Adams Hotel

Friends of the Historic Adams Hotel is a nonprofit organization dedicated to preserving an historic building, which is listed on the National Registry, situated in an unspecified location. The building, particularly its foundation, has deteriorated over time. In 2019, the organization managed to repair and paint the front of the building with the aid of a grant of $3,500, donations totaling $10,000, and a successful fundraiser. The following year, in 2020, Friends of the Historic Adams Hotel received a substantial donation of $200,000, enabling them to commence their plans for repairing the critically damaged foundation. Despite not having enough funds to initiate the project immediately, the organization began the foundation repairs in 2021. This year, 2022, they have almost completed the siding repair and exterior painting of the building.

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Impact




October, 2024

Friends Of The Historic Adams Hotel plays a crucial role in preserving a significant piece of Lavina, Montana's history. Established with the aim of restoring the Adams Hotel, a designated historic building on the National Registry, this organization has made substantial strides in its restoration efforts. The foundation of the hotel, which has faced severe deterioration, was identified as a critical concern.

In 2019, initial repairs were successfully undertaken, including front painting made possible by a combination of a grant and community donations. A significant boost came in 2020 with a generous $200,000 contribution, enabling the launch of foundation repair plans. Although additional funding was still needed, work commenced on the project in 2021, with exterior repairs and painting reaching completion in 2022.

The ongoing restoration efforts not only safeguard the physical integrity of the Adams Hotel but also enhance the cultural and historical fabric of Lavina, serving as a testament to community resilience and commitment. By preserving this historic structure, Friends Of The Historic Adams Hotel fosters a sense of pride among residents and provides an opportunity for education about the town's heritage for both locals and visitors alike.




This information is meant to be a general summary of Friends Of The Historic Adams Hotel. 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
$110,009 (2021)
Expenses
$319,959 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $110,009

Assets and Liabilities:

  • Total Assets: $20,330
  • Total Liabilities: $0
  • Net Assets: $20,330

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Organization Details

Founding Year

2016

Principal Officer

Catherine Thayer

Main Address

1 MAIN ST, LAVINA, MT, 590467143

NTEE Category

Code: A80 - Arts

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