Overview
What is Saco Valley Land Trust Inc?
Saco Valley Land Trust Inc is a nonprofit organization based in Saco, Maine, with a mission to preserve and protect land in the Lower Saco River Valley. The trust manages over a thousand acres of land in Saco, Biddeford, and Buxton, working to maintain the health and income of these forest lands, while also preventing encroachment or degradation from inappropriate uses. In addition to owning land in fee, the organization holds conservation easements to conserve natural habitats, agricultural land, and historical sites in the Lower Saco River Valley. To ensure their mission is upheld, they may need to defend the easements from inappropriate uses and continue purchasing additional land and easements for conservation purposes.
Official website here: www.sacovalleylandtrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
Saco Valley Land Trust Inc has received a One-Star rating from Charity Navigator, which indicates significant concerns in its accountability and financial management. The organization scored well in areas such as having a majority of independent board members and maintaining conflict of interest and document retention policies. However, there are critical weaknesses, particularly in financial transparency and program spending, which have negatively impacted its overall score.
The trust's financial practices are highlighted as a major concern, with a liability-to-assets ratio that raised red flags. Additionally, the organization has not posted its tax forms on its website, which is viewed as a lack of transparency. The absence of a whistleblower policy is another notable shortcoming that could affect the trust's governance and ethical standards.
Despite these shortcomings, the organization shows strengths in board independence and governance practices. Addressing the highlighted financial issues may help improve the trust's rating and public perception in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Saco Valley Land Trust Inc legitimate?
Saco Valley Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saco Valley Land Trust 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:
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For more financial information, click here
Official website here: www.sacovalleylandtrust.org
What is the mission statement of Saco Valley Land Trust Inc?
The Saco Valley Land Trust Inc is dedicated to preserving and protecting land in a specific valley, the Lower Saco River Valley. This is achieved by holding conservation easements and land in fee for the purpose of conserving natural habitats, agricultural land, and historical sites within the valley. The organization's mission involves monitoring its 1050 acres in Saco, Biddeford, and Buxton, Maine, annually to prevent encroachment or degradation from inappropriate uses. Forest lands are managed for both health and income, and additional land and easements may be purchased for conservation. In some cases, the trust may need to defend its easements to prevent inappropriate uses.
Official website here: www.sacovalleylandtrust.org
Who is the CEO of Saco Valley Land Trust Inc?
Susan Littlefield is the Chairman of Saco Valley Land Trust Inc.
Official website here: www.sacovalleylandtrust.org
What is the revenue of Saco Valley Land Trust Inc?
Saco Valley Land Trust Inc's revenue in 2022 was $16,047.
Official website here: www.sacovalleylandtrust.org
Who are the executives of Saco Valley Land Trust Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.sacovalleylandtrust.org
Where can I find the form 990 for Saco Valley Land Trust Inc?
Saco Valley Land Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sacovalleylandtrust.org
Learn more at the official website: www.sacovalleylandtrust.org
Mission Statement of Saco Valley Land Trust Inc
Saco Valley Land Trust Inc, a dedicated organization, works tirelessly to preserve and protect land in the Lower Saco River Valley. Their primary mission is to conserve natural habitats, agricultural land, and historical sites within this region. To accomplish this, the trust holds conservation easements and land in fee, using them to safeguard the environment and maintain the integrity of the Lower Saco River Valley.
The organization's conservation efforts extend beyond just owning land; they actively monitor their 1050 acres in Saco, Biddeford, and Buxton, Maine, to prevent encroachment or degradation from inappropriate uses. Forest lands are managed with care to ensure their health and productivity, while also generating income. In some cases, Saco Valley Land Trust Inc may need to defend their easements to prevent inappropriate uses. Furthermore, the trust continuously seeks to acquire additional land and easements for conservation purposes.
In summary, Saco Valley Land Trust Inc is an entity committed to preserving the natural beauty and historical significance of the Lower Saco River Valley. They do this by holding conservation easements and land, monitoring their property, and managing forest lands for both environmental and economic sustainability. They are proactive in defending their easements and continually expand their conservation efforts by acquiring new land and easements.
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Impact
June, 2024
Saco Valley Land Trust Inc's impact is significant in preserving and protecting land in the Lower Saco River Valley. The trust holds 1050 acres in Saco, Biddeford, and Buxton, Maine, which are monitored yearly to prevent encroachment or degradation from inappropriate uses. Forest lands are managed for health and income, and easements may need to be defended to prevent inappropriate uses. Additional land and easements are also purchased for conservation, furthering the organization's mission to conserve natural habitats, agricultural land, and historical sites in the Lower Saco River Valley.
This information is meant to be a general summary of Saco Valley Land Trust 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 2022.
- Investment Income: $1,002
- Gross Receipts: $16,047
Assets and Liabilities:
- Total Assets: $2,099,870
- Total Liabilities: $0
- Net Assets: $2,099,870
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Organization Details
Founding Year
1988
Phone
(207) 282-0153Principal Officer
Susan Littlefield
Main Address
225 MAIN ST UNIT 1581, SACO, ME, 04072
Website
www.sacovalleylandtrust.orgNTEE Category
Code: C34 - Environment
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