THE HOUSE OF THE SEVEN GABLES SETTLEMENT ASSOCIATION

EIN: 042104324 501(c)(3)

SALEM, MA

Total Revenue
$3,197,043
Total Expenses
$2,873,488
Total Assets
$4,701,486
Net Assets
$4,427,836
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Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
MA
Principal Officer
ELIZABETH MCKEIGUE
Phone
9787440991
Tax Period
2023-01-01 to 2023-12-31

THE HOUSE OF THE SEVEN GABLES SETTLEMENT ASSOCIATION, founded in 1910, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 10% surplus.

Mission

VISION: TO PRESERVE, SHARE AND CONTINUE THE AMERICAN STORY MISSION: TO BE A WELCOMING, THRIVING, HISTORIC SITE AND COMMUNITY RESOURCE THAT ENGAGES PEOPLE OF ALL BACKGROUNDS IN OUR INCLUSIVE AMERICAN STORY. VALUES: - WE VALUE CAROLINE EMMERTON'S FOUNDING MISSION OF PRESERVING THE LEGACY OF OUR SITE TO SUSTAIN OUR SETTLEMENT PROGRAMS FOR LOCAL IMMIGRANTS. - WE VALUE OUR DESIGNATION AS A NATIONAL HISTORIC LANDMARK AND THE PRESERVATION OF OUR BUILDINGS, COLLECTIONS AND GARDENS. - WE VALUE THE LITERARY LEGACY OF NATHANIEL HAWTHORNE. - WE VALUE BEING A CENTER OF AND FOR THE COMMUNITY. - WE VALUE EDUCATION AS A CENTRAL TENET OF OUR PROGRAMMING.

Program Service Accomplishments

Program 1
Expenses: $1,801,790 Revenue: $1,847,499

THE HOUSE OF THE SEVEN GABLES HISTORIC SITE: THE GABLES WAS FOUNDED IN 1910 AS A HISTORIC SITE AND MUSEUM WITH A TWO-PART PURPOSE. OUR FOUNDER, CAROLINE EMMERTON, PURCHASED THE GABLES TO PRESERVE...

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THE HOUSE OF THE SEVEN GABLES HISTORIC SITE: THE GABLES WAS FOUNDED IN 1910 AS A HISTORIC SITE AND MUSEUM WITH A TWO-PART PURPOSE. OUR FOUNDER, CAROLINE EMMERTON, PURCHASED THE GABLES TO PRESERVE SOME OF SALEM'S MOST HISTORIC BUILDINGS AND THE LITERARY LEGACY OF AUTHOR NATHANIEL HAWTHORNE. REVENUES FROM THE MUSEUM FUNDED SETTLEMENT HOUSE WORK WITH LOCAL IMMIGRANT COMMUNITIES. TODAY, THE HOUSE OF THE SEVEN GABLES' CAMPUS CONSTITUTES ITS OWN NATIONAL HISTORIC DISTRICT ON THE NATIONAL REGISTER OF HISTORIC PLACES AND WAS DESIGNATED A NATIONAL HISTORIC LANDMARK IN 2007. NEARLY 100,000 VISITORS FROM ALL OVER THE GLOBE VISIT AND TOUR THE HISTORIC SITE ANNUALLY. VISITORS ARE ESCORTED ON GUIDED TOURS THROUGH THE HOUSE OF THE SEVEN GABLES (TURNER-INGERSOLL MANSION, C. 1668) AND NATHANIEL HAWTHORNE'S BIRTHPLACE, C. 1750. THESE HISTORIC HOUSES SERVE AS THE BACKDROP FOR STORIES ABOUT SALEM'S MARITIME HISTORY, THE LIFE AND WORK OF NATHANIEL HAWTHORNE, AND THE AMERICAN SETTLEMENT HOUSE MOVEMENT. OTHER MAJOR THEMES INCLUDE EARLY AMERICAN ARCHITECTURE, THE COLONIAL REVIVAL PERIOD (WHEN THE GABLES WAS RESTORED), AND MATERIAL CULTURE OVER A THREE-HUNDRED YEAR PERIOD. LOCATED ON THE WATERFRONT, THE HISTORIC SITE FEATURES COLONIAL REVIVAL GARDENS AND VIEWS OF SALEM HARBOR THAT PLACE THE MANSION IN ITS HISTORIC CONTEXT. OVER 98,000 PEOPLE VISITED THE GABLES IN 2023, AN INCREASE OF 11,000 VISITORS FROM 2022.

Program 2
Expenses: $199,254

THE SETTLEMENT HOUSE PROGRAM: IN 1910, THE HOUSE OF THE SEVEN GABLES' SETTLEMENT ASSOCIATION OFFERED PROGRAMS TO PROVIDE EDUCATION AND SOCIAL SERVICES FOR SALEM'S NEWLY ARRIVED IMMIGRANTS. THE GABLES...

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THE SETTLEMENT HOUSE PROGRAM: IN 1910, THE HOUSE OF THE SEVEN GABLES' SETTLEMENT ASSOCIATION OFFERED PROGRAMS TO PROVIDE EDUCATION AND SOCIAL SERVICES FOR SALEM'S NEWLY ARRIVED IMMIGRANTS. THE GABLES AND ITS TRUSTEES REMAIN COMMITTED TO MAINTAINING CAROLINE EMMERTON'S VISIONARY SETTLEMENT MODEL, WHILE REFLECTING THE NEEDS OF IMMIGRANT COMMUNITIES IN 21ST CENTURY SALEM. THE GABLES WORKS WITH A COMMUNITY ENGAGEMENT COMMITTEE TO IDENTIFY UNMET COMMUNITY NEEDS AND ADVISE ON HOW THE GABLES CAN BEST HELP MEET THOSE NEEDS. IN 2023, THE GABLES PROVIDED ENGLISH AS A SECOND LANGUAGE COURSES AND CITIZENSHIP PREPARATION CLASSES TO NORTH SHORE RESIDENTS-INCLUDING RESIDENTS OF A TEMPORARY EMERGENCY SHELTER FOR MIGRANTS- FREE OF CHARGE. THE GABLES ALSO ORGANIZED AND HOSTED SEVERAL FREE PUBLIC PROGRAMS HIGHLIGHTING IMMIGRANT CAUSES AND THE DIVERSITY OF SALEM, INCLUDING THE NEW FUSION FEST EVENT IN AUGUST 2023.

Program 3
Expenses: $10,970 Revenue: $5,345

MUSEUM EDUCATION: THE GABLES VALUES EDUCATION AS A CENTRAL TENET OF OUR PROGRAMMING. THE GABLES OFFERS STRUCTURED EDUCATIONAL PROGRAMS TO STUDENTS RANGING FROM GRADES K-8. THESE PROGRAMS PROVIDE...

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MUSEUM EDUCATION: THE GABLES VALUES EDUCATION AS A CENTRAL TENET OF OUR PROGRAMMING. THE GABLES OFFERS STRUCTURED EDUCATIONAL PROGRAMS TO STUDENTS RANGING FROM GRADES K-8. THESE PROGRAMS PROVIDE STUDENTS WITH ENGAGING ACTIVITIES THAT FOCUS ON EARLY MARITIME TRADE, NEW ENGLAND HISTORY, AND DAILY LIFE IN THE PAST. THESE PROGRAMS MEET MASSACHUSETTS HISTORY AND SOCIAL STUDIES STANDARDS AND COMMON CORE STANDARDS FOR ENGLISH LANGUAGE ARTS AND LITERACY IN HISTORY AND SOCIAL STUDIES. WE ALSO OFFER OTHER PUBLIC PROGRAMMING DESIGNED TO ENGAGE DIVERSE AUDIENCES WITH OUR NATIONAL HISTORIC LANDMARK DISTRICT IN UNIQUE WAYS. EDUCATIONAL EVENTS INCLUDE LECTURES, SPECIAL EXHIBITS, THEATRICAL PERFORMANCES, COMMUNITY DAYS, HANDS-ON HISTORY FAMILY PROGRAMS, SPECIALTY TOURS AND PARTNERSHIPS WITH ARTS AND CULTURAL ORGANIZATIONS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $597,400
Program Service Revenue $1,852,844
Investment Income $154,871
Other Revenue $591,928
TOTAL REVENUE $3,197,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,663,543
Fundraising Expenses $270,426
Program Expenses $2,174,658
Other Expenses $1,209,945
TOTAL EXPENSES $2,873,488

Year-over-Year Comparison

2023 2022 Change
Revenue $3,197,043 $2,525,501 +0.3%
Expenses $2,873,488 $2,312,036 +0.2%
Net Income $323,555 $213,465 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
87
Volunteers
19

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$122,515
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH MCKEIGUE TRUSTEE, PRE 6.00
Officer Director
$0 $0 $0
STEPHEN IMMERMAN TRUSTEE, VIC 6.00
Officer Director
$0 $0 $0
CHRISTOPHER HALE TRUSTEE, TRE 6.00
Officer Director
$0 $0 $0
IRENE V AXELROD TRUSTEE, SEC 6.00
Officer Director
$0 $0 $0
NINA S ANDERSON TRUSTEE 3.00
Director
$0 $0 $0
MADDEN BROWN STUDENT TRUS 3.00
Director
$0 $0 $0
DAVID M HART TRUSTEE 3.00
Director
$0 $0 $0
PATRICIA FAE HO TRUSTEE 3.00
Director
$0 $0 $0
JAVIER F MARQUEZ TRUSTEE 3.00
Director
$0 $0 $0
SHARON D MEYERS TRUSTEE 3.00
Director
$0 $0 $0
CHRISTINE P THOMSON TRUSTEE 3.00
Director
$0 $0 $0
ROBIN WOODMAN TRUSTEE 3.00
Director
$0 $0 $0
ALISON MCCARTHY TRUSTEE 3.00
Director
$0 $0 $0
CHERI GRISHIN TRUSTEE 3.00
Director
$0 $0 $0
DIANN SLAVIT BAYLIS TRUSTEE 3.00
Director
$0 $0 $0
KATE CRISCITIELLO TRUSTEE 3.00
Director
$0 $0 $0
KURT STEINBERG TRUSTEE 3.00
Director
$0 $0 $0
REGINA ZARAGOZA TRUSTEE 3.00
Director
$0 $0 $0
TRENTON CARLS TRUSTEE 3.00
Director
$0 $0 $0
DAKOTA RUSSELL EXECUTIVE DI 40.00
Officer
$105,367 $17,148 $122,515
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,197,043 $2,873,488 $4,701,486 $323,555
2022 $2,525,501 $2,312,036 $4,164,769 $213,465
2021 $2,866,500 $1,688,058 $4,318,557 $1,178,442
2020 $796,701 $1,441,421 $3,725,414 $-644,720
2019 $2,164,634 $2,263,785 $3,654,652 $-99,151
2018 $2,234,040 $2,095,724 $3,444,784 $138,316
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