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Fosters Pond Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042747896 ✦ Andover, MA ✦ Designated as a 501(c)(3)

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Overview

What is Fosters Pond Corporation?

Fosters Pond Corporation is a nonprofit organization, primarily focused on managing the invasive weed growth in the 120-acre Foster's Pond, a popular Great Pond in Massachusetts. This pond is owned by the Commonwealth and attracts an estimated 5,000 visitors annually. The organization's mission is to ensure the pond remains clean and accessible for the public, maintaining its beauty and ecological balance. The Corporation does not seem to have any additional stated activities beyond this specific weed control program.


Official website here: www.fosterspond.org

Is Fosters Pond Corporation legitimate?

Fosters Pond Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fosters Pond Corporation submitted a form 990EZ, 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.


Official website here: www.fosterspond.org

What is the mission statement of Fosters Pond Corporation?

The mission of Fosters Pond Corporation is centered around the control of invasive weeds in a 120-acre pond, known as Foster's Pond, which is a popular tourist destination visited by approximately 5,000 people annually. This organization aims to maintain the health and aesthetics of the pond, ensuring it remains accessible to a large number of visitors.


Official website here: www.fosterspond.org

Who is the CEO of Fosters Pond Corporation?

Stephen E Cotton is the President of Fosters Pond Corporation.


Official website here: www.fosterspond.org

What is the revenue of Fosters Pond Corporation?

Fosters Pond Corporation's revenue in 2022 was $34,078.


Official website here: www.fosterspond.org

Who are the executives of Fosters Pond Corporation and what are their salaries?


Here are 9 key members and their salaries:


Stephen E Cotton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David W Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Kenney (Secretary/Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Rabinowitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Adilman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Janovsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Workman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Tyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fosterspond.org

Where can I find the form 990EZ for Fosters Pond Corporation?

Fosters Pond Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.fosterspond.org

Learn more at the official website: www.fosterspond.org

Mission Statement of Fosters Pond Corporation

Foster's Pond Corporation, a dedicated organization, is primarily focused on managing the proliferation of invasive weeds within the 120-acre Foster's Pond, a popular Great Pond frequented by approximately 5,000 visitors annually. By controlling these unwanted vegetation, the corporation ensures the continued enjoyment of the pond by a significant number of people. The organization's mission is essential in maintaining the health and beauty of this significant water body, thereby contributing to the overall well-being of the environment and the community.

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Impact




June, 2024

Fosters Pond Corporation's impact lies in their dedicated efforts towards the control of invasive weeds in the 120-acre Foster's Pond located in Andover, Massachusetts. As this pond is a Great Pond owned by the Commonwealth of Massachusetts and visited by an estimated 5,000 people annually, the Corporation's Weed Control Program plays a crucial role in preserving the natural ecosystem of the area. Through their work, they contribute significantly to maintaining the health and beauty of Foster's Pond, ensuring that it remains a cherished natural resource for both the local community and visitors alike.




This information is meant to be a general summary of Fosters Pond Corporation. 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.

Revenue
$34,078 (2022)
Expenses
$36,848 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $27
  • Gross Receipts: $34,078

Assets and Liabilities:

  • Total Assets: $206,463
  • Total Liabilities: $1,560
  • Net Assets: $204,903

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Organization Details

Principal Officer

Stephen E Cotton

Main Address

David Brown Treas 31 Glenwood Rd, Andover, MA, 01810

NTEE Category

Code: C30 - Environment

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