Overview
What is The Southport Conservancy Inc?
The Southport Conservancy Inc, situated in Southport, Connecticut, is a dedicated nonprofit organization. Their primary mission is to preserve and restore the unique and historically significant buildings and properties within the Southport community, which could potentially be lost without their intervention. By doing so, they aim to safeguard the community's heritage and history. The details of their mission and activities can be found in Form 990 Part III, sections 4A-4C. The Conservancy achieves this mission through various provisions, as stated in the information provided.
Official website here: www.southportconservancy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
The Southport Conservancy Inc has earned an 83% rating from Charity Navigator, translating to a Three-Star rating. This score is derived entirely from their Accountability & Finance metrics, which indicates a strong focus on responsible financial management. The organization has demonstrated a commendable ability to maintain a fully independent board and has a high program expense ratio, suggesting that a significant portion of its funds is directed towards its mission.
The organization benefits from a robust governance structure, with all board members being independent and having a large board size of 24 members. They have also met key accountability criteria such as having a conflict of interest policy and published meeting minutes, which bolsters transparency. The absence of any material diversion of assets further reinforces the organization's commitment to ethical practices.
However, the Southport Conservancy is lacking in a couple of areas, specifically missing a whistleblower policy and a document retention and destruction policy. While these omissions do not significantly detract from the overall positive rating, they indicate areas for potential improvement in governance. Overall, the organization appears to be well-managed, with strong financial oversight and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Southport Conservancy Inc legitimate?
The Southport Conservancy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Southport Conservancy 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.
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Official website here: www.southportconservancy.org
What is the mission statement of The Southport Conservancy Inc?
The Southport Conservancy Inc is committed to preserving and restoring unique and historically significant buildings and properties that might otherwise be lost in the community. To fulfill its mission, the conservancy makes provisions for various initiatives. These include maintaining the ongoing costs needed to preserve the historical structures in the village. By doing so, the conservancy aims to safeguard the historical heritage and cultural richness of these buildings, ensuring they continue to stand as testaments to the past.
Official website here: www.southportconservancy.org
What is the revenue of The Southport Conservancy Inc?
The Southport Conservancy Inc's revenue in 2023 was $74,673.
Official website here: www.southportconservancy.org
Who are the executives of The Southport Conservancy Inc and what are their salaries?
Here are 24 key members and their salaries:
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Official website here: www.southportconservancy.org
Where can I find the form 990 for The Southport Conservancy Inc?
The Southport Conservancy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.southportconservancy.org
Learn more at the official website: www.southportconservancy.org
Mission Statement of The Southport Conservancy Inc
The Southport Conservancy Inc is committed to preserving and restoring unique and historical buildings and properties within its community that might otherwise be lost forever. To fulfill this mission, the conservancy makes provisions for various initiatives. It works tirelessly to maintain the cost of preserving these distinctive and historical edifices in the picturesque village of Southport, Connecticut. The Southport Conservancy Inc's dedication to this cause helps ensure the survival of the community's rich heritage for future generations to appreciate and enjoy.
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Impact
August, 2024
The Southport Conservancy Inc has a significant impact on the community by preserving and restoring unique and historical buildings and properties in the village of Southport, Connecticut. Their dedication ensures that these valuable pieces of history are not lost forever, contributing to the cultural richness and heritage of the area. Through ongoing efforts and funding, the Conservancy plays a crucial role in maintaining and safeguarding the architectural legacy of Southport for future generations to appreciate and enjoy.
This information is meant to be a general summary of The Southport Conservancy 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,339
- Gross Receipts: $282,912
Assets and Liabilities:
- Total Assets: $1,276,826
- Total Liabilities: $0
- Net Assets: $1,276,826
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Organization Details
Founding Year
1982
Principal Officer
Bob Svensk
Website
www.southportconservancy.orgNTEE Category
Code: A00 - Arts
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