Lime Rock Foundation

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

EIN: 880703722 ✦ Newport, RI ✦ Designated as a 501(c)(3)

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Overview

What is Lime Rock Foundation?

Lime Rock Foundation is a nonprofit organization situated in Newport, Rhode Island. Their primary mission is to preserve and highlight the historical significance of various buildings located within Newport Harbor. The foundation's funds are primarily utilized to restore, maintain, and preserve the historically and architecturally significant structures, including the clubhouse, as well as the supporting marine elements, which are integral to the Idle Lewis Yacht Club. The foundation's activities are centered around the preservation of buildings listed on the National Register of Historic Places.


Official website here: www.limerockfoundation.org/

Is Lime Rock Foundation legitimate?

Lime Rock Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lime Rock Foundation 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.limerockfoundation.org/

What is the mission statement of Lime Rock Foundation?

The Lime Rock Foundation's mission is centered around preserving and promoting historically significant buildings. Specifically, it aims to provide financial resources for the restoration, maintenance, and preservation of these structures, which include the clubhouse and supporting marine elements. The foundation's funds are primarily used to preserve the public-facing facades of the buildings and the fundamental supporting structures, given that Lime Rock is situated in a harbor. The goal is to preserve these physical structures while also highlighting their historical significance.


Official website here: www.limerockfoundation.org/

Who is the CEO of Lime Rock Foundation?

Richard Bohan Jr is the President of Lime Rock Foundation.


Official website here: www.limerockfoundation.org/

What is the revenue of Lime Rock Foundation?

Lime Rock Foundation's revenue in 2022 was $93,774.


Official website here: www.limerockfoundation.org/

Who are the executives of Lime Rock Foundation and what are their salaries?


Here are 4 key members and their salaries:


Richard Bohan Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice M Sheerin (Vp And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guillaume H De Ramel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur W Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.limerockfoundation.org/

Where can I find the form 990 for Lime Rock Foundation?

Lime Rock Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.limerockfoundation.org/

Learn more at the official website: www.limerockfoundation.org/

Mission Statement of Lime Rock Foundation

Lime Rock Foundation, a nonprofit organization, is committed to preserving and promoting historically and architecturally significant buildings located in Newport Harbor, Rhode Island. The primary focus of the foundation is to provide funds for the restoration, maintenance, and preservation of these buildings, which include the clubhouse and supporting marine elements that are all part of the Idle Lewis Yacht Club. The foundation aims to preserve the physical buildings, emphasizing the importance of their historical significance. The funds provided by Lime Rock Foundation will be utilized to preserve the public-facing facades of the buildings and the fundamental supporting structures, which, given Lime Rock's location in the middle of a harbor, also encompass marine elements. The mission of Lime Rock Foundation is to ensure the survival of these historic buildings and their continued appreciation by future generations.

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Impact




October, 2024

Lime Rock Foundation plays a crucial role in preserving the architectural heritage of Newport Harbor, Rhode Island, by focusing on buildings listed on the National Register of Historic Places. Its mission is centered around restoring and maintaining not just the exteriors of these significant structures but also their underlying marine elements, essential due to Lime Rock's unique harbor location. By safeguarding the public-facing facades and fundamental supporting structures, the Foundation ensures that the historical significance of the area remains intact for future generations.

Through its dedicated efforts, Lime Rock Foundation enhances the aesthetic and cultural landscape of Newport, promoting an appreciation for the region's rich history. The organization's commitment to preservation not only protects architectural beauty but also fosters a deeper understanding of the local heritage, all while contributing to the broader arts community. The preservation activities linked to the Ida Lewis Yacht Club and its surroundings serve as a testament to the Foundation's impactful legacy in maintaining the historical fabric of Newport Harbor.




This information is meant to be a general summary of Lime Rock Foundation. 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
$93,774 (2022)
Expenses
$18,622 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $93,774

Assets and Liabilities:

  • Total Assets: $75,152
  • Total Liabilities: $0
  • Net Assets: $75,152

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Organization Details

Founding Year

2022

Principal Officer

Richard Bohan Jr

Main Address

PO BOX 709, NEWPORT, RI, 02840

NTEE Category

Code: A80 - Arts

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