Overview
What is Massachusetts Farm Bureau Preservation Foundation Inc?
The Massachusetts Farm Bureau Preservation Foundation Inc is a nonprofit organization committed to preserving agricultural land. They accomplish this by acquiring, managing, and disposing of agricultural preservation restrictions, conservation restrictions, and relevant covenants and easements. Furthermore, this foundation provides farmer assistance grants as part of their programs, aiming to support and sustain the farming community.
Official website here: www.mfbf.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating
The Massachusetts Farm Bureau Preservation Foundation Inc has received a Three-Star rating from Charity Navigator based on its overall score of 75%. This rating is derived entirely from its Accountability & Finance score, which reflects the organization's commitment to transparency and sound financial practices. Notably, the foundation excels in having an independent board, with 83% of its members being independent, and it has established comprehensive policies that include conflict of interest and whistleblower protections.
However, while the organization demonstrates strong governance practices, its Program Expense Ratio is lower at 52.27%, suggesting that less than half of its expenses are directed towards program services. This could indicate a need for improvement in how funds are allocated to maximize impact. The foundation has no material diversion of assets, further supporting its accountability.
Overall, the Massachusetts Farm Bureau Preservation Foundation Inc shows a solid commitment to accountability but may need to enhance its focus on program expenditures to raise its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Farm Bureau Preservation Foundation Inc legitimate?
Massachusetts Farm Bureau Preservation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Farm Bureau Preservation Foundation 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: $0
For more financial information, click here
Official website here: www.mfbf.net
What is the mission statement of Massachusetts Farm Bureau Preservation Foundation Inc?
The Massachusetts Farm Bureau Preservation Foundation's mission is centered around preserving agricultural land. They accomplish this by acquiring, managing, and disposing of agricultural preservation restrictions, conservation restrictions, and related covenants and easements. Additionally, this organization provides farmer assistance grants as part of their initiatives.
Official website here: www.mfbf.net
Who is the CEO of Massachusetts Farm Bureau Preservation Foundation Inc?
Bradley Mitchell is the Secretary/Clerk of Massachusetts Farm Bureau Preservation Foundation Inc.
Official website here: www.mfbf.net
What is the revenue of Massachusetts Farm Bureau Preservation Foundation Inc?
Massachusetts Farm Bureau Preservation Foundation Inc's revenue in 2022 was $50,571.
Official website here: www.mfbf.net
Who are the executives of Massachusetts Farm Bureau Preservation Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $115,000
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Official website here: www.mfbf.net
Where can I find the form 990 for Massachusetts Farm Bureau Preservation Foundation Inc?
Massachusetts Farm Bureau Preservation Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mfbf.net
Learn more at the official website: www.mfbf.net
Mission Statement of Massachusetts Farm Bureau Preservation Foundation Inc
The Massachusetts Farm Bureau Preservation Foundation is committed to preserving agricultural land. This nonprofit organization accomplishes this mission by acquiring, administering, and disposing of agricultural preservation restrictions, conservation restrictions, and related covenants and easements. In addition to their land preservation efforts, the Foundation also provides farmer assistance grants as part of their programs, demonstrating their dedication to supporting the agricultural community. By preserving agricultural land and aiding farmers, the Massachusetts Farm Bureau Preservation Foundation contributes to the sustainability of food production and the protection of open spaces.
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Impact
August, 2024
The Massachusetts Farm Bureau Preservation Foundation Inc has a significant impact on the preservation of agricultural land in Massachusetts. Through their programs, they acquire, administer, and dispose of agricultural preservation restrictions, conservation restrictions, and related covenants and easements. Additionally, they provide farmer assistance grants to support those in the agricultural sector. Their efforts play a crucial role in safeguarding farmland and promoting sustainable food production in the state.
This information is meant to be a general summary of Massachusetts Farm Bureau Preservation Foundation 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: $50,071
- Gross Receipts: $50,571
Assets and Liabilities:
- Total Assets: $629,656
- Total Liabilities: $0
- Net Assets: $629,656
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Organization Details
Founding Year
1994
Phone
(508) 481-4766Principal Officer
Bradley Mitchell
Main Address
249 Lakeside Avenue, Marlborough, MA, 01752
Website
www.mfbf.netNTEE Category
Code: K250 - Food
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