Overview
What is Lake Waramaug Task Force Inc?
Lake Waramaug Task Force Inc is a nonprofit organization based in Warren, Connecticut, specifically at 50 Cemetery Road, 06754. Their primary mission is focused on the scientific study, treatment, and management of Lake Waramaug to prevent harmful growths and pollution. In addition, they engage in research and monitoring to safeguard the lake. Their core activity revolves around restoring and maintaining the water quality and clarity of Lake Waramaug. The organization, with a workforce of 6 employees, is dedicated to ensuring the health and longevity of this important water body.
Official website here: www.lakewaramaug.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Lake Waramaug Task Force Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The organization has an impressive score of 93% in terms of independent board members, which suggests a commitment to governance and oversight. Their financial practices are further affirmed by a program expense ratio of 76.81%, indicating that a significant portion of their funds is directed towards program-related activities.
However, there are notable limitations in their accountability policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which are critical for transparency and risk management. This absence may raise concerns about their overall governance framework, despite their strengths in board independence and financial oversight.
Overall, while Lake Waramaug Task Force Inc demonstrates strong financial responsibility and governance through its board structure, the gaps in policy may affect stakeholders' confidence in the organization’s operational transparency. Addressing these missing policies could enhance their accountability and trustworthiness within the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Waramaug Task Force Inc legitimate?
Lake Waramaug Task Force Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Waramaug Task Force 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: $97,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,502
For more financial information, click here
Official website here: www.lakewaramaug.org
What is the mission statement of Lake Waramaug Task Force Inc?
The Lake Waramaug Task Force Inc is dedicated to preserving the health of Lake Waramaug. Their mission is centered around restoring and maintaining the lake's water quality and clarity. To achieve this, they conduct scientific studies, implement treatment and management strategies, and monitor the lake to prevent harmful growths and pollution. Additionally, they engage in research to safeguard the lake from potential threats. Their efforts aim to ensure the long-term well-being of Lake Waramaug.
Official website here: www.lakewaramaug.org
Who is the CEO of Lake Waramaug Task Force Inc?
Peary Stafford is the Director of Lake Waramaug Task Force Inc.
Official website here: www.lakewaramaug.org
What is the revenue of Lake Waramaug Task Force Inc?
Lake Waramaug Task Force Inc's revenue in 2022 was $447,525.
Official website here: www.lakewaramaug.org
Who are the executives of Lake Waramaug Task Force Inc and what are their salaries?
The average compensation at Lake Waramaug Task Force Inc during 2022 was $23,496. There are 6 employees at Lake Waramaug Task Force Inc.
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Official website here: www.lakewaramaug.org
Where can I find the form 990 for Lake Waramaug Task Force Inc?
Lake Waramaug Task Force Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakewaramaug.org
Learn more at the official website: www.lakewaramaug.org
Mission Statement of Lake Waramaug Task Force Inc
The Lake Waramaug Task Force Inc is dedicated to restoring and maintaining the water quality and clarity of Lake Waramaug. Their mission involves conducting scientific studies, implementing treatment and management methods, and engaging in research and monitoring to prevent harmful growths and pollution. Furthermore, they strive to protect the lake through ongoing efforts, ensuring it remains pristine and unspoiled for future generations.
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Impact
June, 2024
Lake Waramaug Task Force Inc has a significant impact on the environment by working tirelessly to restore and maintain the water quality and clarity of Lake Waramaug in Warren, Connecticut. Through scientific studies, active treatment, and effective management strategies, the organization successfully prevents harmful growths and pollution in the lake. Their dedicated research and monitoring efforts ensure the long-term protection of this vital natural resource.
This information is meant to be a general summary of Lake Waramaug Task Force 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 2022.
- Investment Income: $25,704
- Gross Receipts: $455,426
Assets and Liabilities:
- Total Assets: $1,262,509
- Total Liabilities: $310
- Net Assets: $1,262,199
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Organization Details
Founding Year
1982
Phone
(860) 868-0331Principal Officer
Peary Stafford
Main Address
50 CEMETERY ROAD, WARREN, CT, 06754
Website
www.lakewaramaug.orgNTEE Category
Code: C320 - Environment
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