Overview
What is Seal Harbor Village Improvement Society Inc?
The Seal Harbor Village Improvement Society Inc is a nonprofit organization based in Seal Harbor, Maine. Its primary mission is to maintain and restore common town areas for public enjoyment, such as parks, a beach, a playground, and several miles of hiking trails. The organization keeps these facilities in excellent condition, ensuring they remain accessible and enjoyable for the community. With a modest workforce of five employees, the Seal Harbor Village Improvement Society Inc plays a vital role in enhancing the quality of life for residents and visitors by preserving and improving these shared spaces.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Seal Harbor Village Improvement Society Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The rating reflects a strong emphasis on transparency and robust management practices, as evidenced by their perfect score in several key areas, including independent board membership and a clear conflict of interest policy.
The organization demonstrates responsible financial practices with a program expense ratio of 80.56%, suggesting that a significant portion of its budget is allocated toward its mission-related activities. Additionally, the absence of any material diversion of assets along with a minimal liabilities to assets ratio points to sound fiscal management and stability.
While the organization shows strong governance and financial practices, the single beacon score limits the evaluation of its overall impact and effectiveness in achieving its mission. Future assessments may benefit from additional metrics that evaluate operational outcomes or community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Seal Harbor Village Improvement Society Inc legitimate?
Seal Harbor Village Improvement Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seal Harbor Village Improvement Society Inc 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: $90,281
For more financial information, click here
What is the mission statement of Seal Harbor Village Improvement Society Inc?
The Seal Harbor Village Improvement Society Inc is dedicated to maintaining and repairing common town areas for public enjoyment. This includes parks, a beach, a playground, and several miles of hiking trails. Their primary goal is to ensure these facilities are well-maintained and accessible to all, providing a pleasant environment for the community.
Who is the CEO of Seal Harbor Village Improvement Society Inc?
Alex P Stephens is the President of Seal Harbor Village Improvement Society Inc.
What is the revenue of Seal Harbor Village Improvement Society Inc?
Seal Harbor Village Improvement Society Inc's revenue in 2023 was $158,253.
Who are the executives of Seal Harbor Village Improvement Society Inc and what are their salaries?
The average compensation at Seal Harbor Village Improvement Society Inc during 2023 was $18,056. There are 5 employees at Seal Harbor Village Improvement Society Inc.
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Where can I find the form 990 for Seal Harbor Village Improvement Society Inc?
Seal Harbor Village Improvement Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Seal Harbor Village Improvement Society Inc
The Seal Harbor Village Improvement Society Inc is dedicated to maintaining and repairing common town areas that are enjoyed by the public. This nonprofit organization takes responsibility for preserving parks, a beach, a playground, and several miles of hiking trails within the community. By doing so, they ensure these spaces remain clean, safe, and accessible for everyone to enjoy. Their mission is to enhance the overall quality of life for residents and visitors alike by maintaining these public areas to the highest standards.
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Impact
June, 2024
Seal Harbor Village Improvement Society Inc's impact is focused on maintaining and repairing common town areas in Seal Harbor, ME. They oversee the upkeep of parks, a beach, a playground, and several miles of hiking trails, all of which are enjoyed by the public. Their efforts contribute to the preservation of these natural and recreational spaces, enhancing the community's environment for residents and visitors.
This information is meant to be a general summary of Seal Harbor Village Improvement Society Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,380
- Gross Receipts: $158,253
Assets and Liabilities:
- Total Assets: $185,446
- Total Liabilities: $1,861
- Net Assets: $183,585
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Organization Details
Phone
(207) 276-5481Principal Officer
Alex P Stephens
Main Address
PO BOX 171, SEAL HARBOR, ME, 04675
NTEE Category
Code: C500 - Environment
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