Merwinsville Hotel Restoration Inc
Nonprofit profile at a glance
- EIN
- 060907886
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Gaylordsville, CT, USA
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $74,086
- Expenses
- $78,108
- Assets
- $465,343
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Jeremy Ruman (President)
People named in this filing
- Jeremy Ruman (President)
- Jennifer Haase (VP Treasurer)
- Marje Somuk (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Merwinsville Hotel Restoration is a non-profit living museum that continues the ongoing care restoration and preservation of the Hotel to educate inspire challenge and invigorate both present and future generations and to raise awareness within the local community of the Hotels contributions to the collective local history by promoting cultural events.
What it reported doing in 2024
Annual October Arts and Fine Crafts Show which helps local artists as well as to continue to bring awareness and raise fund to help continue to preserve and restore this historic 1843 railroad hotel as a living museum. 437 visitors attended this show.
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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 100
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25.4%; rating input score 25
- Program expense ratio: 14.3%; rating input score 14
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.4%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 5.96; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 13.3% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 16% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 25.4% of revenue deployed · 14.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $11K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 25/100.
- High — Financial Efficiency: Program expense ratio scored 14/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.