Overview
What is Hudson Cultural Alliance Inc?
Hudson Cultural Alliance Inc is a dedicated, volunteer-led nonprofit organization situated in Hudson, Massachusetts. Their primary goal is to revitalize the historic Armory Building, transforming it into a prominent cultural hub for the MetroWest region. By establishing an arts center, they aim to draw in both tourists and local businesses, foster community engagement, and ultimately enhance the overall quality of life in the area. The Hudson Cultural Alliance's mission is to spearhead this project, creating opportunities for cultural exchange and promoting the region's growth and development.
Official website here: www.hudsonarmoryproject.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating. The Hudson Cultural Alliance Inc has received a low score, indicating significant concerns about its accountability and financial practices. The rating is based solely on the Accountability & Finance beacon, highlighting areas where the organization falls short.
One of the strengths noted is that the board is entirely independent, which is a positive indicator of governance. However, the organization lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are critical for ensuring transparency and accountability. Furthermore, while there are no reported issues with asset diversion and meeting minutes are documented, the absence of a system for document retention raises concerns.
Financially, the organization appears to struggle, with a program expense ratio of only 2.25%, suggesting that very little of its budget is allocated to its core mission. Additionally, the liabilities to assets ratio stands at 0.00%, which may imply a lack of financial engagement or investment in growth. Overall, these issues result in a concerning picture for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Hudson Cultural Alliance Inc legitimate?
Hudson Cultural Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Cultural Alliance Inc 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: $3,449
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hudsonarmoryproject.org/
What is the mission statement of Hudson Cultural Alliance Inc?
The Hudson Cultural Alliance, an all-volunteer, nonprofit organization, is spearheading an initiative to establish an arts center. The aim of this project is threefold: to attract tourists and businesses, foster community engagement, and enhance the overall quality of life in the region. This mission is being realized through the Hudson Armory Project, which aims to transform a historic Armory Building into a prominent cultural hub for the MetroWest region. The Hudson Cultural Alliance's vision is to create a space that will serve as a cultural attraction, offering opportunities for community involvement and contributing to the enhancement of the local community.
Official website here: www.hudsonarmoryproject.org/
Who is the CEO of Hudson Cultural Alliance Inc?
Thomas Desmond is the President of Hudson Cultural Alliance Inc.
Official website here: www.hudsonarmoryproject.org/
What is the revenue of Hudson Cultural Alliance Inc?
Hudson Cultural Alliance Inc's revenue in 2023 was $142,227.
Official website here: www.hudsonarmoryproject.org/
Who are the executives of Hudson Cultural Alliance Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.hudsonarmoryproject.org/
Where can I find the form 990 for Hudson Cultural Alliance Inc?
Hudson Cultural Alliance Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hudsonarmoryproject.org/
Learn more at the official website: www.hudsonarmoryproject.org/
Mission Statement of Hudson Cultural Alliance Inc
Hudson Cultural Alliance Inc, an all-volunteer, nonprofit organization, is driving the vision of establishing an arts center. Their mission is to attract visitors and businesses, foster community engagement, and enhance the overall quality of life in the region. This initiative, known as the Hudson Armory Project, aims to transform a historic Armory Building into a renowned cultural destination.
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Impact
October, 2024
Hudson Cultural Alliance Inc significantly enhances the quality of life in the MetroWest region by spearheading the Hudson Armory Project, which aims to transform the historic Armory Building into a vibrant cultural destination. This initiative is designed to attract visitors and businesses, fostering economic growth while creating opportunities for community engagement and involvement. By establishing a dedicated arts center, the alliance strengthens local community ties and enriches the region’s cultural landscape, thereby promoting a sense of pride and belonging among residents. The project not only preserves an important historical site but also positions Hudson as a hub for arts and culture, benefiting both locals and visitors alike.
This information is meant to be a general summary of Hudson Cultural Alliance Inc. 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 2023.
- Investment Income: $89
- Gross Receipts: $142,227
Assets and Liabilities:
- Total Assets: $168,164
- Total Liabilities: $0
- Net Assets: $168,164
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Organization Details
Founding Year
2019
Principal Officer
Thomas Desmond
Main Address
14 Main Street 2nd Floor, Hudson, MA, 01749
Website
www.hudsonarmoryproject.org/NTEE Category
Code: S20 - Community improvement
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