Overview
What is Monhegan Associates Inc?
Monhegan Associates Inc is a land trust based in Maine, dedicated to the preservation and maintenance of over 350 acres of wildlands on Monhegan Island. The organization works tirelessly to conserve the island's natural beauty and diverse ecosystems, with a focus on maintaining a nine-mile trail system. Weekly volunteers and a dedicated work crew ensure the trails are well-maintained during summer and fall, respectively. The trails and wildlands are closely monitored by a coordinator, who recommends projects and their priority. In addition to trail maintenance, Monhegan Associates also focuses on invasive plant removal and containment, as well as education and research. The organization hosts a summer series of ecology lectures and supports academic research to inform land management services. With a team of four employees, Monhegan Associates strives to protect the health of the forest and the biodynamic communities thriving within the wildlands.
Official website here: www.monheganassociates.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (51%)
Monhegan Associates Inc has received a One-Star rating from Charity Navigator, reflecting a score of 51%. This rating indicates significant concerns regarding the organization's accountability and financial practices. Despite having a fully independent board and no issues with material diversion of assets, key policies such as conflict of interest, whistleblower protections, and document retention are notably absent, which raises questions about governance and transparency.
The organization does have strengths, including a strong independent board and a favorable liabilities to assets ratio, suggesting a stable financial position. Additionally, their program expense ratio indicates that 50.15% of their expenses directly support their programs, although this is below the expectations typically seen in well-rated nonprofits.
However, the lack of essential governance policies significantly impacts their overall rating. These deficiencies highlight a need for improvement in their operational practices to enhance accountability and build trust with stakeholders. Addressing these areas would be crucial for Monhegan Associates Inc to improve its standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Monhegan Associates Inc legitimate?
Monhegan Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monhegan Associates 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: $32,991
For more financial information, click here
Official website here: www.monheganassociates.org
What is the mission statement of Monhegan Associates Inc?
The Monhegan Associates Inc is committed to the ongoing preservation of the natural wild beauty and diverse ecosystems across more than 350 acres of wildlands. Their primary mission involves maintaining a trail system through these wildlands, with the help of volunteers during summer months and a dedicated work crew for more substantial repairs and restorations in the fall. The condition of the trails and the wildlands is constantly monitored, with recommendations made for projects and their priorities. In addition to land preservation, the Monhegan Associates also focuses on the removal or containment of invasive plants that pose a threat to the forest's health. Education and research are key aspects of their activities, as they sponsor a summer series of ecology lectures and support academic research to inform land management services.
Official website here: www.monheganassociates.org
Who is the CEO of Monhegan Associates Inc?
Frederick Faller is the President of Monhegan Associates Inc.
Official website here: www.monheganassociates.org
What is the revenue of Monhegan Associates Inc?
Monhegan Associates Inc's revenue in 2022 was $99,828.
Official website here: www.monheganassociates.org
Who are the executives of Monhegan Associates Inc and what are their salaries?
The average compensation at Monhegan Associates Inc during 2022 was $8,248. There are 4 employees and 15 volunteers at Monhegan Associates Inc.
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Official website here: www.monheganassociates.org
Where can I find the form 990 for Monhegan Associates Inc?
Monhegan Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monheganassociates.org
Learn more at the official website: www.monheganassociates.org
Mission Statement of Monhegan Associates Inc
The Monhegan Associates Inc, a land trust organization, is committed to the preservation of the natural wild beauty and diverse biotic communities spread across more than 350 acres of wildlands. This preservation effort is focused on Monhegan Island in Maine.
To achieve this mission, the Monhegan Associates maintains a nine-mile trail system through the island's wildlands, with the help of weekly volunteers during the summer months and a dedicated work crew for more substantial repairs and restoration in the fall. The condition of the trails and the wildlands is continually monitored, with projects and their priorities recommended by a coordinator.
In addition to land preservation, the Monhegan Associates also addresses the threat posed by invasive plants to the forest's health. Education and research are significant activities for the organization, with the Monhegan Associates sponsoring a summer series of ecology lectures and supporting academic research to inform land management services. These activities aim to ensure that the preservation efforts are informed by the latest scientific understanding and best practices.
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Impact
June, 2024
Monhegan Associates Inc plays a crucial role in the preservation and protection of the natural wild beauty and biotic communities of over 350 acres of wildlands on Monhegan Island in Maine. This organization actively maintains a nine-mile trail system through the wildlands with the help of volunteers during the summer months and a dedicated work crew for more substantial repairs and restoration in the fall. Additionally, Monhegan Associates monitors the condition of the trails and wildlands, recommends projects, and prioritizes their implementation. They also work on removing or containing invasive plants that pose a threat to the health of the forest.
Moreover, education and research are key components of Monhegan Associates' activities, as they sponsor ecology lectures during the summer and support academic research to inform their land management strategies. By engaging in these efforts, Monhegan Associates Inc significantly contributes to the conservation and sustainable use of natural resources on Monhegan Island.
This information is meant to be a general summary of Monhegan Associates 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: $28,025
- Program Service Revenue: $16,362
- Gross Receipts: $99,828
Assets and Liabilities:
- Total Assets: $692,968
- Total Liabilities: $10,313
- Net Assets: $682,655
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$16,362
Organization Details
Founding Year
1954
Phone
(828) 230-6225Principal Officer
Frederick Faller
Main Address
530 CROFTON AVE, OAKLAND, CA, 94610
Website
www.monheganassociates.orgNTEE Category
Code: C30 - Environment
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