Overview
What is Mount Horeb Veterans Memorial Association?
The Mount Horeb Veterans Memorial Association is a nonprofit organization based in Mount Horeb, Wisconsin, with a postal address of PO Box 315. Their primary mission is to honor the service and sacrifices of veterans of the United States Armed Forces by constructing and maintaining a memorial monument in their local community. This involves various activities, such as fundraising, overseeing construction, and ensuring the monument's upkeep and maintenance. The association was established with the goal of providing a tribute to these brave individuals, recognizing their invaluable contributions to the nation.
Official website here: www.mhvma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
The Mount Horeb Veterans Memorial Association has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 83%. This rating is derived from a comprehensive evaluation of accountability and finance, indicating that the organization is managing its resources responsibly. The charity's fiscal health appears strong, underscored by a 0.00% liabilities to assets ratio and a program expense ratio of 73.31%, which suggests a significant portion of their budget is allocated to their programs.
Strengths of the organization include a fully independent board of directors, with 100% of its members meeting the criteria for independence. The board is adequately sized with 8 independent members, which contributes to effective governance. Additionally, the charity has implemented strong policies regarding conflict of interest and maintains transparency through documented board meeting minutes.
However, the organization does have some limitations noted in their policies. Specifically, they lack a whistleblower policy and a document retention and destruction policy, both of which are areas for potential improvement. Addressing these gaps could enhance their accountability practices further, ensuring they uphold the highest standards of transparency and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Horeb Veterans Memorial Association legitimate?
Mount Horeb Veterans Memorial Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Horeb Veterans Memorial Association 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.mhvma.org
What is the mission statement of Mount Horeb Veterans Memorial Association?
The Mount Horeb Veterans Memorial Association was established with the objective of constructing and maintaining a memorial for veterans of the United States Armed Services. Their primary activities involve fundraising, overseeing the construction process, and ensuring the continuous maintenance of this monument. The association's mission is centered around honoring and paying tribute to the brave veterans who have served their country.
Official website here: www.mhvma.org
Who is the CEO of Mount Horeb Veterans Memorial Association?
Teresa Schult is the President of Mount Horeb Veterans Memorial Association.
Official website here: www.mhvma.org
What is the revenue of Mount Horeb Veterans Memorial Association?
Mount Horeb Veterans Memorial Association's revenue in 2022 was $43,659.
Official website here: www.mhvma.org
Who are the executives of Mount Horeb Veterans Memorial Association and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.mhvma.org
Where can I find the form 990 for Mount Horeb Veterans Memorial Association?
Mount Horeb Veterans Memorial Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhvma.org
Learn more at the official website: www.mhvma.org
Mission Statement of Mount Horeb Veterans Memorial Association
The Mount Horeb Veterans Memorial Association, established with the purpose of honoring those who served in the United States Armed Forces, is dedicated to constructing and maintaining a monument in remembrance of these veterans. The organization's activities encompass fundraising, construction, and maintenance efforts, ensuring that the memorial remains a significant tribute to the valor and sacrifices of these veterans. The Mount Horeb Veterans Memorial Association strives to preserve the memories of these brave individuals, providing a physical symbol of appreciation and gratitude for their service.
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Impact
August, 2024
The Mount Horeb Veterans Memorial Association's impact is significant in honoring and remembering veterans of the United States Armed Services in Mount Horeb, Wisconsin. By constructing and maintaining a monument and memorial dedicated to these veterans, the association plays a crucial role in recognizing and appreciating the sacrifices made by these individuals for their country. Through activities like fundraising, construction, and maintenance, the association actively engages the community in supporting and preserving the memory of these veterans. Their work contributes to the enhancement of community spirit and the promotion of patriotism and gratitude towards those who have served in the military.
This information is meant to be a general summary of Mount Horeb Veterans Memorial Association. 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: $418
- Gross Receipts: $43,659
Assets and Liabilities:
- Total Assets: $752,910
- Total Liabilities: $0
- Net Assets: $752,910
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Organization Details
Founding Year
2017
Principal Officer
Teresa Schult
Main Address
PO BOX 315, MOUNT HOREB, WI, 53572
Website
www.mhvma.orgNTEE Category
Code: S20 - Community improvement
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