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Folsom Historical Society Folsom History

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

EIN: 942840367 ✦ Folsom, CA ✦ Designated as a 501(c)(3)

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Overview

What is Folsom Historical Society Folsom History?

The Folsom Historical Society Folsom History is a nonprofit organization located at 823 Sutter Street, Folsom, CA 95630. They operate three museums in Folsom's historic district, including the Folsom History Museum, Pioneer Village Living History Site, and the Chinese Heritage Museum under construction. Their mission is to inspire an innovative future by connecting Folsom to its inventive roots. Through exhibits, digital engagement, educational programming, and hands-on learning experiences, they showcase Folsom's unique history, featuring artifacts, photos, textiles, documents, and more. In 2022, the board adopted a new mission, vision, and strategic plan for a larger community impact. Over the past year, they have stabilized and weatherproofed the new Chinese Heritage Museum building, launched a new name and brand, opened a new permanent exhibit, and started planning the transformation of Pioneer Village into a historically inspired maker space. The organization has a total of 8 employees dedicated to preserving and sharing the rich history of Folsom.


Official website here: www.folsomhistory.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star Rating

The Folsom Historical Society has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization achieved a score of 90%, indicating substantial effectiveness in its operations and governance, as measured by various criteria in the Accountability & Finance beacon. Notably, the society boasts a fully independent board, with all members being accountable, which contributes positively to its operational integrity.

The organization's financial metrics are impressive, with a program expense ratio of 77.15%, suggesting that the majority of its expenditures are directed towards its mission-related activities. Additionally, the liabilities to assets ratio is a healthy 1.98%, underscoring solid financial management. Transparency is also a strength, as the society's website is appropriately listed on its tax form, and it has established policies on conflicts of interest, document retention, and board meeting minutes.

However, one area for improvement is the absence of a whistleblower policy, which may be a concern for stakeholders who prioritize comprehensive governance practices. Nonetheless, the overall assessment indicates that the Folsom Historical Society operates with a high degree of integrity and is effectively utilizing its resources to serve its historical mission.


This AI summary has been generated from information found on Charity Navigator.

Is Folsom Historical Society Folsom History legitimate?

Folsom Historical Society Folsom History is a legitimate nonprofit organization registered as a 501(c)(3) entity. Folsom Historical Society Folsom History 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: $138,407

For more financial information, click here


Official website here: www.folsomhistory.org

What is the mission statement of Folsom Historical Society Folsom History?

The Folsom Historical Society, through its Folsom History division, aims to inspire an innovative future by fostering connections to the society's inventive roots. This mission is achieved by showcasing Folsom's unique place in California history through exhibits, digital engagement, educational programming, and hands-on learning experiences. The society houses a diverse collection of artifacts, photos, textiles, documents, and more, representing Folsom's community throughout the years. Recently, the society has implemented changes such as stabilizing and weatherproofing a new Chinese Heritage Museum, launching a new name and brand, and opening new exhibits. These initiatives aim to engage the community and inspire a sense of innovation by connecting it to the society's rich history.


Official website here: www.folsomhistory.org

Who is the CEO of Folsom Historical Society Folsom History?

Dr Rita Mukherjee Hoffsta is the Principal Officer of Folsom Historical Society Folsom History.


Official website here: www.folsomhistory.org

What is the revenue of Folsom Historical Society Folsom History?

Folsom Historical Society Folsom History's revenue in 2022 was $813,266.


Official website here: www.folsomhistory.org

Who are the executives of Folsom Historical Society Folsom History and what are their salaries?

The average compensation at Folsom Historical Society Folsom History during 2022 was $17,301. There are 8 employees and 130 volunteers at Folsom Historical Society Folsom History.


Here are 11 key members and their salaries:


Kathleen O'Connell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Metzker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Ferreria-Pro (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Seaters (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Cornell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Ford (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Jung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Silva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita M Hoffstadt (Executive Director)
  • Compensation: $103,677
  • Related: $0
  • Other: $0


Official website here: www.folsomhistory.org

Where can I find the form 990 for Folsom Historical Society Folsom History?

Folsom Historical Society Folsom History's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.folsomhistory.org

Learn more at the official website: www.folsomhistory.org

Mission Statement of Folsom Historical Society Folsom History

The Folsom Historical Society, with a focus on inspiring innovation, connects Folsom to its inventive roots. Their mission is to engage the community by highlighting Folsom's distinctive place in California history through exhibits, digital engagement, educational programming, and hands-on learning experiences. The society houses a diverse collection of artifacts, photographs, textiles, documents, and more, providing a comprehensive depiction of Folsom's community development over the years.

Recently, the Folsom Historical Society has undergone significant changes to expand its impact in the community. In 2022, the board adopted a new mission, vision, and strategic plan. This updated mission encourages innovation and connects Folsom to its roots, inspiring a forward-thinking future. Following this, the society has initiated several projects, including the renovation of a building to house a Chinese Heritage Museum, a new permanent exhibit titled "Folsom, CA: A Story of Innovation," and a temporary exhibit, "Go Bullodogs! 100 Years of Folsom High," focusing on the high school experience. Furthermore, they are working on a master plan to transform Pioneer Village into a historically-inspired makerspace. These initiatives aim to engage the community, preserve its history, and inspire future generations.

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Impact




July, 2024

Folsom Historical Society Folsom History has a significant impact on the community by connecting Folsom to its inventive roots through its three museums: the Folsom History Museum, Pioneer Village Living History Site, and the upcoming Chinese Heritage Museum. Through exhibits, digital engagement, educational programming, and hands-on learning experiences, Folsom History highlights the city's unique place in California history.

In 2022, the organization adopted a new mission, vision, and strategic plan to create a larger impact in the community. This includes stabilizing and weatherproofing the building for the new Chinese Heritage Museum, launching a new name and brand, opening permanent and temporary exhibits, and developing a master plan for Pioneer Village to be transformed into a historically inspired makerspace. Folsom Historical Society Folsom History's work not only preserves the history of Folsom but also inspires an innovative future by engaging the community with its rich heritage.




This information is meant to be a general summary of Folsom Historical Society Folsom History. 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
$813,266 (2022)
Expenses
$482,105 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $69
  • Program Service Revenue: $106,540
  • Gross Receipts: $813,266

Assets and Liabilities:

  • Total Assets: $1,222,955
  • Total Liabilities: $14,573
  • Net Assets: $1,208,382

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENU

Revenue

$106,540

Organization Details

Founding Year

1960

Principal Officer

Dr Rita Mukherjee Hoffsta

Main Address

823 SUTTER STREET, FOLSOM, CA, 95630

NTEE Category

Code: A82Z - Arts

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