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Martha's Vineyard Preservation Trust Inc

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

EIN: 046387676 ✦ Edgartown, MA ✦ Designated as a 501(c)(3)

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Overview

What is Martha's Vineyard Preservation Trust Inc?

Martha's Vineyard Preservation Trust Inc is a nonprofit organization situated in Edgartown, Massachusetts. With a dedicated workforce of 15 individuals, its primary mission is to preserve the historical, cultural, and architectural traditions of Martha's Vineyard. This includes the acquisition, restoration, and maintenance of the island's historic landmarks to safeguard its unique character, cultural history, and heritage for both the local community and its visitors. The trust's efforts aim to ensure the continuity of the island's rich heritage and provide an enriching experience for all who visit.


Official website here: www.vineyardtrust.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.

Martha's Vineyard Preservation Trust Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a perfect score in the Accountability & Finance category, the organization demonstrates transparency and effective management in its financial practices. This high rating is indicative of its robust governance structure, featuring a fully independent board and comprehensive oversight protocols.

The organization excels in several critical areas, including a significant program expense ratio of 79.06%, which shows that a large portion of its budget is dedicated to its mission-driven activities. Additionally, it boasts an excellent fundraising efficiency, with only $0.06 needed to raise each dollar, indicating effective strategies in fundraising efforts. The absence of material diversions of assets further highlights the trustworthiness of the organization in handling its resources.

However, while there are no noted limitations in the financial data, prospective donors may still want to consider the broader impact and outcomes of the Trust's initiatives beyond financial metrics. Overall, Martha's Vineyard Preservation Trust Inc exemplifies a well-managed nonprofit focused on preserving the cultural and historical heritage of Martha's Vineyard.


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

What do the Facebook reviews say about Martha's Vineyard Preservation Trust Inc?

82% of reviewers recommend Martha's Vineyard Preservation Trust Inc on Facebook. Here is a summary of their reviews:

The organization is praised for its impressive collection of whaling artifacts, appealing to visitors of all ages. Reviewers have expressed satisfaction with the family-friendly atmosphere it provides, highlighting the educational aspect of the displays. Overall, it seems that the nonprofit effectively engages and informs its visitors about the rich maritime history of the area.


This AI summary has been generated from reviews found on Facebook.

Is Martha's Vineyard Preservation Trust Inc legitimate?

Martha's Vineyard Preservation Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha's Vineyard Preservation Trust 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.vineyardtrust.org

What is the mission statement of Martha's Vineyard Preservation Trust Inc?

Martha's Vineyard Preservation Trust Inc is dedicated to preserving the historical landmarks of the island. Their primary mission involves acquiring, restoring, and maintaining these landmarks to safeguard the unique character, cultural history, and heritage of the area. This preservation effort is aimed at benefiting both the local community and its visitors, ensuring that future generations can appreciate the island's rich heritage. The Trust's activities are focused on upholding the historical, cultural, and architectural traditions that have shaped Martha's Vineyard over time.


Official website here: www.vineyardtrust.org

Who is the CEO of Martha's Vineyard Preservation Trust Inc?

John Klein is the Director of Martha's Vineyard Preservation Trust Inc.


Official website here: www.vineyardtrust.org

What is the revenue of Martha's Vineyard Preservation Trust Inc?

Martha's Vineyard Preservation Trust Inc's revenue in 2022 was $3,043,720.


Official website here: www.vineyardtrust.org

Who are the executives of Martha's Vineyard Preservation Trust Inc and what are their salaries?

There are 15 employees and 50 volunteers at Martha's Vineyard Preservation Trust Inc.


Here are 49 key members and their salaries:


Ahearn Patrick J (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allegaert Lynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barnes Deborah A (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Berger Carole M (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Biggers Jr R Kelsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brown Brooke (Vice-Chair Of Special Events)
  • Compensation: $0
  • Related: $0
  • Other: $0
Canty Richard J (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caraboolad Nancy T (Vice-Chair Of Properties/Buildings)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaffee Dorothy F (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conover Gerret C (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Convery Alison M (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conway G Drew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cox Robert G (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crews Deborah H (Vice-Chair Of Community Outreach)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Scott T (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellis Theodora A (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gibson Tana C (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham Jr Robert C (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hedley Michele M (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hedley Melissa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hoerle Sheila A (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Indelicato Alice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnson Alvin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kittenplan Gail (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Klein John E (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mackenty Elizabeth D (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mccall Joseph B Josh (Vice-Chair Of Special Projects)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mccargo Audrey H (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Patricia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morris Nancy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mortara Virginia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murphy John P (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murray Ian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murray Shep (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neuhoff Elizabeth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norton Joan W (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nugent Deborah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillips Amanda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Purington Richard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rorer Sarah B (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Rosalie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sollitto Jr Joseph E (Vice-Chair Of Trusteeship & Governance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanton Mary B (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tattersall Margaret C (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tharp Twanette T (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wright Joyce M (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zimmerman Jane W (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zollo Victor A (Vice-Chair Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nevette Previd (Executive Director)
  • Compensation: $173,560
  • Related: $0
  • Other: $37,287


Official website here: www.vineyardtrust.org

Where can I find the form 990 for Martha's Vineyard Preservation Trust Inc?

Martha's Vineyard Preservation Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vineyardtrust.org

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

Mission Statement of Martha's Vineyard Preservation Trust Inc

Martha's Vineyard Preservation Trust Inc is dedicated to preserving the historical landmarks of Martha's Vineyard. Their primary mission is to acquire, restore, and maintain these significant structures, ensuring that they continue to stand as a testament to the island's unique character, cultural history, and heritage. By doing so, the organization aims to protect and pass on these treasures for the benefit of the local community and its visitors. The preservation of Martha's Vineyard Preservation Trust Inc extends beyond physical structures, encompassing the architectural and cultural traditions that have shaped the island over time.

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Impact




July, 2024

Martha's Vineyard Preservation Trust Inc has a significant impact on preserving the historical, cultural, and architectural traditions of Martha's Vineyard. By acquiring, restoring, and maintaining the island's historic landmarks, the organization ensures the preservation of the island's unique character, cultural history, and heritage for the community and its visitors. This work helps to maintain the authenticity and charm of Martha's Vineyard, making it a more enriching and memorable experience for all who interact with its cultural assets.




This information is meant to be a general summary of Martha's Vineyard Preservation Trust 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
$3,043,720 (2022)
Expenses
$2,348,114 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $88,396
  • Program Service Revenue: $766,297
  • Gross Receipts: $3,329,768

Assets and Liabilities:

  • Total Assets: $22,772,768
  • Total Liabilities: $325,547
  • Net Assets: $22,447,221

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Programs

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

PROGRAM RELATED RENTAL

Revenue

$522,540

MANAGEMENT FEES

Revenue

$235,000

OTHER PROGRAM INCOME

Revenue

$8,757

Organization Details

Founding Year

1975

Principal Officer

John Klein

Main Address

PO BOX 5277, EDGARTOWN, MA, 025395277

NTEE Category

Code: A82I - Arts

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