Overview
What is Delaware National Bank Ttee Walter Rich?
Delaware National Bank Ttee Walter Rich is a nonprofit organization located at 124 Main Street, Delhi, New York 13753. Its primary mission is to maintain an endowment fund solely and exclusively for the benefit of the Franklin Railroad and Community Museum. This fund supports the charitable activities of the museum, including the protection of its historical buildings and collections. The organization's purpose is to conduct, maintain, promote, develop, and support the museum's operations, ensuring its continued existence and growth. The endowment fund serves as a financial backup, ensuring the museum's future and its ability to continue its mission of preserving and sharing the history of the Franklin Railroad.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star Rating
Delaware National Bank Ttee Walter Rich has received a 74% rating from Charity Navigator, reflecting areas of strength primarily in its accountability and financial practices. The organization scored well in several categories, such as having no material diversion of assets and maintaining a low liabilities to assets ratio. It also demonstrates strong policies in conflict of interest, whistleblower protections, and document retention, which are all crucial for transparent operations.
However, the organization has notable weaknesses, particularly in governance. It received a score of 0% for having independent board members, indicating a lack of independent oversight that can enhance accountability. Additionally, the absence of a website listed on its tax form is a significant drawback, as it limits public access to information regarding its activities and transparency.
Overall, while Delaware National Bank Ttee Walter Rich shows commendable financial practices, its governance structure raises concerns that may affect its credibility and operational effectiveness. Potential donors and stakeholders should consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Delaware National Bank Ttee Walter Rich legitimate?
Delaware National Bank Ttee Walter Rich is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware National Bank Ttee Walter Rich 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: $2,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Delaware National Bank Ttee Walter Rich?
The Delaware National Bank Ttee Walter Rich has a mission to establish and maintain an endowment fund exclusively for the benefit of the Franklin Railroad Community Museum. The primary objective of this fund is to support the charitable activities of the museum, which includes preserving its historical buildings and collections. Funds from the endowment are utilized for conducting, maintaining, promoting, developing, and boosting the museum's charitable endeavors. This support extends to protecting the museum's historical assets and collections.
Who is the CEO of Delaware National Bank Ttee Walter Rich?
John Campbell is the President of Delaware National Bank Ttee Walter Rich.
What is the revenue of Delaware National Bank Ttee Walter Rich?
Delaware National Bank Ttee Walter Rich's revenue in 2022 was $17,687.
Who are the executives of Delaware National Bank Ttee Walter Rich and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $2,813
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Where can I find the form 990 for Delaware National Bank Ttee Walter Rich?
Delaware National Bank Ttee Walter Rich's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delaware National Bank Ttee Walter Rich
Delaware National Bank Ttee Walter Rich is dedicated to maintaining an endowment fund exclusively for the benefit of the Franklin Railroad Community Museum. The primary mission of this organization is to utilize the funds from this endowment to support the charitable activities of the museum. This includes conducting, maintaining, promoting, developing, and protecting its historical buildings and collections. The aim is to ensure the preservation and continuity of the museum's valuable heritage, thereby contributing to the educational and cultural enrichment of the community.
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Impact
August, 2024
Delaware National Bank Ttee Walter Rich's impact is focused on maintaining an endowment fund solely and exclusively for the benefit of the Franklin Railroad Community Museum in Delhi, NY. The organization supports the museum's charitable activities, including the protection of its historical buildings and collections. Their mission is dedicated to enhancing the cultural and historical significance of the Franklin Railroad Community Museum.
This information is meant to be a general summary of Delaware National Bank Ttee Walter Rich. 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: $17,687
- Gross Receipts: $98,992
Assets and Liabilities:
- Total Assets: $520,273
- Total Liabilities: $0
- Net Assets: $520,273
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Organization Details
Founding Year
2018
Phone
(855) 363-3544Principal Officer
John Campbell
Main Address
124 MAIN STREET, DELHI, NY, 13753
NTEE Category
Code: A50 - Arts
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