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Narrow River Land 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: 050383786 ✦ Saunderstown, RI ✦ Designated as a 501(c)(3)

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Overview

What is Narrow River Land Trust Inc?

Narrow River Land Trust Inc, based in Saunderstown, Rhode Island, is a nonprofit organization dedicated to preserving and conserving over 700 acres within the Narrow River watershed. Their mission involves the acquisition and defense of privately owned land and conservation easements, with the aim of safeguarding natural and cultural resources for the betterment of the watershed and the public. Their activities include the protection of the local environment, ensuring its longevity and benefit for future generations.


Official website here: www.narrowriverlandtrust.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50% (One-Star out of Four Stars)

Narrow River Land Trust Inc holds a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization scores well in areas such as board independence and the presence of key policies, there are critical gaps, particularly in its whistleblower policy and the availability of its tax form on the website.

The trust demonstrates a strong independent board with ten members and maintains effective policies regarding conflicts of interest and document retention. However, the charity's financial ratios raise red flags, particularly its liabilities to assets ratio, which is notably low, indicating potential issues with financial sustainability. Additionally, the program expense ratio is below expectations, suggesting that a smaller portion of its budget is directed toward programmatic activities.

Overall, while Narrow River Land Trust Inc has some organizational strengths, the significant shortcomings in its financial transparency and operational policies contribute to its low rating. Donors may wish to seek further clarification on these issues before committing support.


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

Is Narrow River Land Trust Inc legitimate?

Narrow River Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Narrow River Land 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.narrowriverlandtrust.org

What is the mission statement of Narrow River Land Trust Inc?

The Narrow River Land Trust's mission revolves around preserving and conserving natural and cultural resources within the Narrow River Watershed. They strive to accomplish this by acquiring and safeguarding privately-owned land and conservation easements for the long-term benefits of the watershed and the public. The organization's primary goal is to ensure the lasting protection of over 700 acres within the watershed, contributing to its overall health and well-being.


Official website here: www.narrowriverlandtrust.org

Who is the CEO of Narrow River Land Trust Inc?

Richard Shults is the Director of Narrow River Land Trust Inc.


Official website here: www.narrowriverlandtrust.org

What is the revenue of Narrow River Land Trust Inc?

Narrow River Land Trust Inc's revenue in 2022 was $24,734.


Official website here: www.narrowriverlandtrust.org

Who are the executives of Narrow River Land Trust Inc and what are their salaries?


Here are 10 key members and their salaries:


J Matitucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Hoagland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
K King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Gillooly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Sharpe (Director, Co- President)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Borkman (Director, Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Izzi (Director, Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Miller (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Shults (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.narrowriverlandtrust.org

Where can I find the form 990 for Narrow River Land Trust Inc?

Narrow River Land Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.narrowriverlandtrust.org

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

Mission Statement of Narrow River Land Trust Inc

The Narrow River Land Trust, an organization dedicated to preservation, embarks on a mission to safeguard the natural and cultural resources within the Narrow River Watershed. By acquiring and defending privately-owned land and conservation easements, this trust aims to ensure the long-term benefit of the watershed and the public at large. Through their efforts, over 700 acres within the watershed have been preserved, conserved, and protected.

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Impact




June, 2024

Narrow River Land Trust Inc's impact is significant in preserving, conserving, and protecting over 700 acres in the Narrow River watershed. Their mission to engage in and promote the preservation of natural and cultural resources in the area through land acquisition and conservation easements benefits both the watershed and the general public. Their work helps maintain the ecological balance of the region and ensures that these natural spaces can be enjoyed by current and future generations.




This information is meant to be a general summary of Narrow River Land 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
$24,734 (2022)
Expenses
$11,799 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $631
  • Program Service Revenue: $300
  • Gross Receipts: $24,783

Assets and Liabilities:

  • Total Assets: $3,001,713
  • Total Liabilities: $31,875
  • Net Assets: $2,969,838

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Programs

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

Rent

Revenue

$300

Organization Details

Founding Year

1982

Principal Officer

Richard Shults

Main Address

PO Box 65, Saunderstown, RI, 02874

NTEE Category

Code: C340 - Environment

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