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Mount Hope Trust In Bristol

Mount Hope Farm

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

EIN: 050500691 ✦ Bristol, RI ✦ Designated as a 501(c)(3)

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Overview

What is Mount Hope Trust In Bristol?

Mount Hope Trust in Bristol, Rhode Island, is a nonprofit organization that preserves its historical property to offer visitors an educational experience. Their primary mission is to steward the land and structures, fostering appreciation for the property's natural, historic, and cultural character. They achieve this by leasing their facilities to various organizations and the public, enabling them to host educational and other functions. Their programs aim to increase public engagement and education through programming, provide open space for recreational activities, and foster a better understanding and respect for the history of Mount Hope Farm. With a team of 24 employees, they work towards protecting and utilizing the natural resources of the farm for future generations.


Official website here: www.mounthopefarm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Mount Hope Trust has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization shows some positive attributes, there are significant areas needing attention. The charity scores well in having an independent board and maintaining a low liabilities to assets ratio, which reflects good financial health and governance structure. However, the overall score of 69% highlights that the organization lacks crucial financial documents and policies, which can affect transparency and accountability.

Particularly concerning is the absence of financial statements and important governance policies such as conflict of interest and whistleblower protections. These shortcomings may raise red flags for potential donors looking for assurance regarding the integrity and operational practices of the organization. Despite these weaknesses, the organization demonstrates a solid program expense ratio, indicating that a substantial portion of its funds is directed toward its programs.

In summary, while Mount Hope Trust has strengths in board independence and financial management, the lack of transparency in financial documentation and missing governance policies suggest significant improvements are needed to bolster trust and confidence among stakeholders.


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

What do the Facebook reviews say about Mount Hope Trust In Bristol?

80% of 763 reviewers on Facebook recommend Mount Hope Trust. Here is a summary of their reviews:

Many visitors are captivated by the stunning views and the quality of food offered, which contributes to an overall positive experience. The beautiful setting of the nonprofit is frequently highlighted, suggesting that it provides an attractive and enjoyable atmosphere for its patrons.

While the recommendation rate is moderate, indicating some mixed thoughts, the enthusiasm about the location and its offerings demonstrates that there are aspects of the organization that resonate well with those who appreciate its mission and environment.


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

Is Mount Hope Trust In Bristol legitimate?

Mount Hope Trust In Bristol is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Hope Trust In Bristol 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: $426,730

For more financial information, click here


Official website here: www.mounthopefarm.org

What is the mission statement of Mount Hope Trust In Bristol?

Mount Hope Trust in Bristol's mission is centered around preserving and protecting the integrity of its natural resources and historical structures. The organization aims to promote public engagement and education through programming, encouraging recreational activities, and fostering a greater understanding and respect for its history. Furthermore, Mount Hope Trust utilizes its natural resources responsibly and considers their future use as part of its mission.


Official website here: www.mounthopefarm.org

Who is the CEO of Mount Hope Trust In Bristol?

Linda Silveira is the Secretary of Mount Hope Trust In Bristol.


Official website here: www.mounthopefarm.org

What is the revenue of Mount Hope Trust In Bristol?

Mount Hope Trust In Bristol's revenue in 2022 was $1,248,824.


Official website here: www.mounthopefarm.org

Who are the executives of Mount Hope Trust In Bristol and what are their salaries?

The average compensation at Mount Hope Trust In Bristol during 2022 was $17,780. There are 24 employees and 10 volunteers at Mount Hope Trust In Bristol.


Here are 16 key members and their salaries:


Dr Stephen E Alves (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Burmeister (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Feinstein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Brito Field (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hanson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Edward Iannuccilli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Januario (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Lambrese (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Maloney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Murray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Rosenbaum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Silveira (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Sitcoske (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Fitting (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merritt K Meyer (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mounthopefarm.org

Where can I find the form 990 for Mount Hope Trust In Bristol?

Mount Hope Trust In Bristol's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mounthopefarm.org

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

Mission Statement of Mount Hope Trust In Bristol

Mount Hope Trust, a prominent organization, is committed to preserving and protecting the integrity of its natural assets and historical structures. Its mission is twofold. Firstly, Mount Hope Farm aims to increase public engagement and education through various programming. By doing so, it encourages a deeper appreciation of the farm's natural, historical, and cultural character. Secondly, the trust seeks to make the farm accessible to all, promoting recreational activities that foster a better understanding and respect for the farm's history and the future use of its natural resources. In essence, Mount Hope Trust In Bristol is dedicated to safeguarding its heritage while fostering a sense of community and environmental consciousness.

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Impact




July, 2024

Mount Hope Trust In Bristol plays a crucial role in stewarding its land and structures, cultivating appreciation for its natural, historic, and cultural character, and making Mount Hope Farm accessible to all. By preserving its historic property and providing educational opportunities, the Trust serves to increase public engagement and education through programming, promote open space access for recreational activities, and improve understanding and respect for the farm's natural resources. In addition, the Trust leases its facilities to other organizations and the public for educational and other functions. Through these efforts, Mount Hope Trust In Bristol has a significant impact on the community by conserving a piece of history and providing a space for cultural enrichment and learning.




This information is meant to be a general summary of Mount Hope Trust In Bristol. 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
$1,248,824 (2022)
Expenses
$1,153,733 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,333
  • Program Service Revenue: $1,093,604
  • Gross Receipts: $1,248,824

Assets and Liabilities:

  • Total Assets: $4,832,092
  • Total Liabilities: $269,945
  • Net Assets: $4,562,147

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Programs

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

EVENT INCOME

Revenue

$683,913

PROGRAM INCOME

Revenue

$409,691

Organization Details

Founding Year

1998

Principal Officer

Linda Silveira

Main Address

PO BOX 66, BRISTOL, RI, 02809

NTEE Category

Code: A80 - Arts

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