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Martha's Vineyard Skate Park Associ

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

EIN: 043575583 ✦ Vineyard haven, MA ✦ Designated as a 501(c)(3)

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Overview

What is Martha's Vineyard Skate Park Associ?

Martha's Vineyard Skate Park Associates is a nonprofit organization situated in Vineyard Haven, Massachusetts. Their primary mission is to construct and manage a skate park catering to skateboard and inline skate enthusiasts within the Martha's Vineyard community. This initiative aims to provide an engaging and safe space for local residents to participate in these activities, fostering a sense of community and promoting active recreation. The organization is committed to maintaining the skate park, ensuring it remains a valuable resource for both children and adults on the island.


Official website here: www.mvskatepark.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Martha's Vineyard Skate Park Association has received a Three-Star rating, reflecting a solid performance in accountability and finance, with an impressive score of 76%. This rating is primarily based on the organization’s financial practices and governance, indicating a strong commitment to transparency and responsible management of funds.

The organization boasts a fully independent board, which contributes positively to its governance structure. Additionally, it has achieved a high program expense ratio of 90.83%, suggesting that a significant portion of its expenditures directly supports its mission. However, it is important to note that the organization is missing several key policies, including a conflict of interest policy and a whistleblower policy, which could enhance its accountability framework.

While there are strengths in financial management and board independence, the absence of certain governance policies represents a limitation. Addressing these gaps could further improve the organization’s overall rating and stakeholder confidence in its operations.


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

Is Martha's Vineyard Skate Park Associ legitimate?

Martha's Vineyard Skate Park Associ is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha's Vineyard Skate Park Associ 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.mvskatepark.org

What is the mission statement of Martha's Vineyard Skate Park Associ?

The Martha's Vineyard Skate Park Associates is committed to constructing and maintaining a skate park, catering to skateboard and inline-skate enthusiasts within the community. Their primary objective is to provide a suitable space for these activities, fostering a sense of community and promoting an active lifestyle among participants. The association's mission is centered around ensuring the skate park remains in good condition, continually meeting the needs of its users.


Official website here: www.mvskatepark.org

What is the revenue of Martha's Vineyard Skate Park Associ?

Martha's Vineyard Skate Park Associ's revenue in 2020 was $24,702.


Official website here: www.mvskatepark.org

Who are the executives of Martha's Vineyard Skate Park Associ and what are their salaries?

Here are 4 key members and their salaries:


Erik Albert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Bowse (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Briggs (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hammond (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mvskatepark.org

Where can I find the form 990 for Martha's Vineyard Skate Park Associ?

Martha's Vineyard Skate Park Associ's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.mvskatepark.org

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

Mission Statement of Martha's Vineyard Skate Park Associ

Martha's Vineyard Skate Park Associates is committed to constructing and maintaining a skate park that caters to skateboard and inline-skate enthusiasts within the community. Their mission is centered around providing an appropriate space for these activities, fostering a sense of camaraderie and fun among participants. By building and preserving this facility, the organization aims to serve the local community in Martha's Vineyard, Massachusetts, ensuring that skateboard and inline-skate enthusiasts have a dedicated area to enjoy their passion.

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Impact




August, 2024

Martha's Vineyard Skate Park Association has significantly enhanced the recreational opportunities available to the community of Martha's Vineyard, Massachusetts. By building and maintaining a skate park specifically designed for skateboard and inline-skate participants, the association has created a safe and engaging space for individuals to enjoy these activities. This has not only promoted physical fitness and active lifestyles but has also fostered a sense of community among skateboard and inline-skate enthusiasts in the area. The impact of Martha's Vineyard Skate Park Association extends beyond just providing a recreational facility; it has contributed to the social well-being and cohesion of the community.




This information is meant to be a general summary of Martha's Vineyard Skate Park Associ. 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
$24,702 (2020)
Expenses
$34,889 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $3
  • Program Service Revenue: $24,699
  • Gross Receipts: $24,702

Assets and Liabilities:

  • Total Assets: $185,850
  • Total Liabilities: $0
  • Net Assets: $185,850

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Programs

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

PROGRAM SERVICE REVENUE
0

Revenue

$24,699

Organization Details

Founding Year

2001

Principal Officer

Erik Albert

NTEE Category

Code: N32 - Recreation

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