Historic Saint Paul Corporation
Nonprofit profile at a glance
- EIN
- 411903550
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017
- Location
- St Paul, MN, USA
- Phone
- 6512223049
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $46,091
- Expenses
- $25,471
- Assets
- $208,890
- Liabilities
- $127,267
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- RITA GOODRICH (PRESIDENT)
People named in this filing
- RITA GOODRICH (PRESIDENT)
- GIBSON STANTON (DIRECTOR)
- STEVEN BUETOW (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Historic saint paul is a nonprofit organization, established in 1998, with a mission to preserve and promote the cultural heritage, character, and vitality of saint paul neighborhoods. We work to preserve so that saint paul's cultural character reflects the unique stories and places of the diverse people who lived and worked here. We believe that a unique and reflective cultural character improves local community. The more that people feel connected to saint paul and their neighborhood, the more our city grows and thrives.
What it reported doing in 2024
Preservation education, advocacy, interpretation, and activity. 2024 included: ongoing pre-development work for the rehab of 47 douglas street to a low/moderate income owner-occupied property, creation of a theory of change, preservation of historic parks and green spaces, a preservation project database, and ongoing publications. Community meetings, workshops, and other events.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 66
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.9%; rating input score 37
- Program expense ratio: 66.7%; rating input score 67
- Fundraising efficiency: $20.72 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 44.7%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 8.2; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -33% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -6% per year; rating input score 0; 40th percentile among comparable filings
- Asset growth: -1% per year; rating input score 0; 35th percentile among comparable filings
Details
- Where the money goes: 36.9% of revenue deployed · 66.7% of spending went to programs
- Governance: 8 of 8 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $17K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 8 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.