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Clf Ventures Inc

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

EIN: 043355728 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Clf Ventures Inc?

Clf Ventures Inc is a nonprofit organization headquartered in Boston, Massachusetts, with a mission to conserve natural resources and advocate for sustainable business practices. They focus on developing and implementing solutions to environmental problems through market-based initiatives, navigating complex technological and environmental issues with diverse stakeholders. Their work aims to demonstrate to clients the importance of becoming a 'force for nature' rather than contributing to its depletion, while conducting their business effectively. The organization continues to operate, according to the information provided.


Official website here: www.clfventures.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Clf Ventures Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. This rating is particularly significant as it reflects a high level of transparency and responsible management of funds. The organization scored 83% overall, showcasing a solid commitment to maintaining good practices in financial oversight.

The nonprofit excels in several key areas, including having a majority of independent board members and a robust audit and oversight committee. These factors highlight the organization’s dedication to governance and ethical management. Additionally, the program expense ratio is notably high at 92.56%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.

While the organization demonstrates strong financial management and accountability, there may be areas for improvement that are not detailed in the available data. Nevertheless, the strong score in accountability and the absence of material asset diversions suggest that Clf Ventures Inc operates with integrity and a focus on its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Clf Ventures Inc legitimate?

Clf Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clf Ventures 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: $92,825

For more financial information, click here


Official website here: www.clfventures.org

What is the mission statement of Clf Ventures Inc?

Clf Ventures Inc's mission is focused on pursuing business and investment opportunities that prioritize the conservation of natural resources. Their approach aims to educate clients on becoming forces for nature protection, rather than contributors to its depletion, while conducting their business. The organization develops and delivers solutions to environmental problems through market-based initiatives, navigating complex technological and environmental issues involving diverse stakeholders. Good process is critical in their work, as they address various environmental challenges.


Official website here: www.clfventures.org

Who is the CEO of Clf Ventures Inc?

Virginia Foote is the President of Clf Ventures Inc.


Official website here: www.clfventures.org

What is the revenue of Clf Ventures Inc?

Clf Ventures Inc's revenue in 2022 was $242,386.


Official website here: www.clfventures.org

Who are the executives of Clf Ventures Inc and what are their salaries?

There 8 volunteers at Clf Ventures Inc.


Here are 17 key members and their salaries:


Eugene Bernat (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Thea James (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Foote (President)
  • Compensation: $0
  • Related: $144,303
  • Other: $27,123
Eileen Marks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelsey Salmon Schreck (Clerk)
  • Compensation: $0
  • Related: $63,177
  • Other: $11,017
Bradley Campbell (Ex-Officio)
  • Compensation: $0
  • Related: $283,585
  • Other: $29,717
William Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula W Gold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John T Goodhue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacquie L Kay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Molyneaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Hall Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Church - Until 522 (Vp Healthy And Resilient Communities)
  • Compensation: $0
  • Related: $212,690
  • Other: $8,999
Carol Gregory (Senior Vp, Comms & Marketi)
  • Compensation: $0
  • Related: $166,460
  • Other: $16,451
Katherine Grove (Senior Vp Development)
  • Compensation: $0
  • Related: $188,769
  • Other: $8,254
Sean Mahoney (Evp + Director-Clf Maine)
  • Compensation: $0
  • Related: $164,126
  • Other: $29,378
Peter Shelley (Advocacy Director)
  • Compensation: $0
  • Related: $166,215
  • Other: $27,893


Official website here: www.clfventures.org

Where can I find the form 990 for Clf Ventures Inc?

Clf Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.clfventures.org

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

Mission Statement of Clf Ventures Inc

Clf Ventures Inc, a mission-driven organization, is dedicated to pursuing business and investment opportunities that conserve natural resources. Their primary goal is to demonstrate to clients how they can become a force for protecting nature, rather than contributing to its depletion, while conducting their business.

The organization, Clf Ventures, navigates complex technological and environmental problems involving a variety of stakeholders. They develop and deliver solutions to environmental issues through market-based initiatives, focusing on good process as a critical component of their work. The organization's mission is to create a positive impact on the environment, while still maintaining a successful and sustainable business model.

In essence, Clf Ventures Inc serves as a bridge between business and environmental conservation, demonstrating that it is possible to make a profit while protecting the planet. They strive to lead by example, showing others that responsible business practices can contribute to a healthier and more sustainable future for all.

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Impact




June, 2024

Clf Ventures Inc, based in Boston, MA, is making a significant impact by pursuing business and investment opportunities that focus on conserving natural resources. Their mission is to demonstrate to clients how they can protect nature while conducting their business activities, rather than diminishing it. By developing and delivering solutions to environmental problems through market-based initiatives, Clf Ventures is navigating complex technological and environmental challenges involving diverse stakeholders. Their work emphasizes the importance of good process in addressing environmental issues and promoting sustainable practices.




This information is meant to be a general summary of Clf Ventures 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.

Revenue
$242,386 (2022)
Expenses
$286,177 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $73,963
  • Gross Receipts: $242,386

Assets and Liabilities:

  • Total Assets: $373,182
  • Total Liabilities: $1,747,755
  • Net Assets: -$1,374,573

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES FOR SERVICES

Revenue

$73,963

Organization Details

Founding Year

1997

Principal Officer

Virginia Foote

Main Address

62 SUMMER STREET, BOSTON, MA, 02110

NTEE Category

Code: C010 - Environment

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