Overview
What is Friends Of The Mad River?
Friends of the Mad River is a nonprofit organization based in Waitsfield, Vermont. With a dedicated team of three individuals, their mission is to ensure the Mad River Valley maintains a healthy environment and clean water for the community and future generations. They collaborate with local residents and partners to implement various projects, such as climate resilience planning, reducing storm runoff, restoring riparian buffers, improving transportation infrastructure, monitoring water quality, and providing education and technical assistance on watershed management. Their ultimate goal is to raise awareness and promote sustainable practices in the community to preserve the natural resources of the Mad River Valley.
Official website here: www.friendsofthemadriver.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Friends Of The Mad River has achieved a solid Three-Star rating from Charity Navigator, primarily based on its accountability and finance practices. The organization's strong points include a fully independent board, no material diversion of assets, and a high program expense ratio, indicating effective use of funds for its mission.
Despite these strengths, the nonprofit has some areas requiring improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which could enhance transparency and governance. While its financial management appears sound, addressing these gaps could further bolster the organization's credibility and operational integrity.
The organization lists its website on its tax form and has documented board meeting minutes, which are positive indicators of accountability. Overall, Friends Of The Mad River demonstrates commendable financial responsibility, but the absence of certain policies suggests a need for further development in governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Mad River legitimate?
Friends Of The Mad River is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Mad River 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: $73,753
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,264
For more financial information, click here
Official website here: www.friendsofthemadriver.org
What is the mission statement of Friends Of The Mad River?
Friends of the Mad River's mission is focused on maintaining the health of the Mad River Valley's land and water for the benefit of the community and future generations. In pursuit of this goal, they collaborate with local residents and partners to plan for climate resilience, manage stormwater runoff, restore riparian buffers, enhance transportation infrastructure, monitor water quality and ecosystem health, and provide educational resources and technical assistance for watershed planning, land management, and community awareness of watershed issues.
Official website here: www.friendsofthemadriver.org
Who is the CEO of Friends Of The Mad River?
John Norton is the President of Friends Of The Mad River.
Official website here: www.friendsofthemadriver.org
What is the revenue of Friends Of The Mad River?
Friends Of The Mad River's revenue in 2023 was $196,134.
Official website here: www.friendsofthemadriver.org
Who are the executives of Friends Of The Mad River and what are their salaries?
The average compensation at Friends Of The Mad River during 2023 was $35,339. There are 3 employees and 60 volunteers at Friends Of The Mad River.
Here are 13 key members and their salaries:
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- Compensation: $51,831
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- Other: $11,202
- Compensation: $52,754
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- Other: $1,055
Official website here: www.friendsofthemadriver.org
Where can I find the form 990 for Friends Of The Mad River?
Friends Of The Mad River's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendsofthemadriver.org
Learn more at the official website: www.friendsofthemadriver.org
Mission Statement of Friends Of The Mad River
Friends of the Mad River, a dedicated organization, is committed to safeguarding the health of the Mad River Valley's land and maintaining the purity of its water for the benefit of the community and future generations. By stewarding the area's natural resources, the nonprofit aims to create a sustainable environment for all.
In their mission, Friends of the Mad River collaborates with community members and partners to implement various initiatives. These projects include planning for a climate-resilient community, managing storm runoff to reduce its impact, restoring riparian buffers to promote biodiversity, improving transportation infrastructure to minimize environmental harm, monitoring water quality and the health of the watershed ecosystem, and providing education and technical assistance to foster a greater awareness of watershed issues.
Moreover, Friends of the Mad River is actively involved in land management and watershed planning. They work towards slowing, spreading, and sinking storm runoff to prevent erosion and flooding, thereby protecting the river's banks and surrounding environment. They also seek to enhance the infrastructure of the Mad River Valley to ensure it remains environmentally friendly. Through their efforts, the organization aims to preserve the valley's pristine beauty for generations to come.
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Impact
June, 2024
Friends Of The Mad River's impact is significant in stewarding the Mad River Valley's healthy land and clean water for the community and future generations. Through collaboration with community members and partners, they have implemented various initiatives to address environmental concerns and promote sustainability. This includes planning for a climate-resilient community, implementing strategies to manage storm runoff, restoring riparian buffers, improving transportation infrastructure to reduce environmental impacts, monitoring water quality and watershed ecosystem health, and providing education and technical assistance for watershed planning and land management. Their efforts have helped raise awareness about watershed issues, promote responsible land use, and contribute to the overall health of the ecosystem in the Mad River Valley.
This information is meant to be a general summary of Friends Of The Mad River. 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: $1,975
- Program Service Revenue: $100
- Gross Receipts: $196,134
Assets and Liabilities:
- Total Assets: $528,620
- Total Liabilities: $18,024
- Net Assets: $510,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Miscellaneous program revenue
Revenue
$100
Organization Details
Founding Year
1991
Phone
(802) 496-9127Principal Officer
John Norton
Main Address
PO Box 255, Waitsfield, VT, 05673
Website
www.friendsofthemadriver.orgNTEE Category
Code: C320 - Environment
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