Overview
What is Open Space Institute Land Trust Inc?
Open Space Institute Land Trust Inc, a supporting organization of the Open Space Institute, is dedicated to land protection in the Eastern United States. Through strategic and smart conservation efforts, they strengthen communities, ensure access to drinking water resources, and provide recreational resources. Their focus areas include New York, New Jersey, South Carolina, and Georgia. In 2022, they successfully protected 8.517 acres of land worth $30.8 million. By acquiring eco-friendly, recreational, and climate-protection significant land, they aim to convey it to public agencies and conservation partners as permanent additions to publicly accessible lands. The mission of Open Space Institute Land Trust Inc is to protect land for clean drinking water, wildlife habitats, improved access to parks and nature, healthy communities, and to combat climate change.
Official website here: www.openspaceinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star rating
Open Space Institute Land Trust Inc has received a high rating of 95% from Charity Navigator, reflecting its strong performance in accountability and finance. The organization exhibits excellent practices, with a fully independent board and no reported issues related to asset diversion. Financially, it operates efficiently, with a program expense ratio of over 82%, indicating that a significant portion of its funds directly supports its mission.
User feedback highlights the organization's commitment to excellence, particularly through its accreditation as a land trust. This accreditation signifies adherence to national quality standards, ensuring that the organization effectively protects natural places and working lands. Their dedication to ethical practices and responsible operations is well recognized in the field.
While the financial indicators and user reviews are overwhelmingly positive, there are no specific limitations noted in the data. Overall, Open Space Institute Land Trust Inc stands out as a reputable organization with a strong commitment to its mission and efficient use of resources.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Open Space Institute Land Trust Inc legitimate?
Open Space Institute Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Space Institute 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: $4,559,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,637,868
For more financial information, click here
Official website here: www.openspaceinstitute.org
What is the mission statement of Open Space Institute Land Trust Inc?
The Open Space Institute Land Trust (OSILT) is a supporting organization that shares the mission of the Open Space Institute (OSI) to protect land in the Eastern United States. OSI's mission includes securing land for clean drinking water, wildlife habitats, improved access to parks and nature, healthy communities, and combating climate change. Through strategic land conservation, OSI strengthens communities, provides recreational resources, curbs climate change, and safeguards habitats. In 2022, OSILT successfully protected 8.517 acres of land, valued at $30.8 million, for eventual conveyance to public agencies and conservation partners, expanding publicly accessible lands.
Official website here: www.openspaceinstitute.org
Who is the CEO of Open Space Institute Land Trust Inc?
Christopher J Elliman is the CEO of Open Space Institute Land Trust Inc The CEO's salary of Open Space Institute Land Trust Inc is $0 and their total compensation is $636,853.
Official website here: www.openspaceinstitute.org
What is the revenue of Open Space Institute Land Trust Inc?
Open Space Institute Land Trust Inc's revenue in 2023 was $74,821,096.
Official website here: www.openspaceinstitute.org
Who are the executives of Open Space Institute Land Trust Inc and what are their salaries?
There 25 volunteers at Open Space Institute Land Trust Inc.
Here are 45 key members and their salaries (Open Space Institute Land Trust Inc's CEO's salary is $0 and their total compensation is $636,853):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $261,212
- Other: $27,428
- Compensation: $0
- Related: $575,272
- Other: $61,581
- Compensation: $0
- Related: $273,869
- Other: $56,195
- Compensation: $0
- Related: $320,090
- Other: $27,813
- Compensation: $0
- Related: $160,366
- Other: $57,162
- Compensation: $0
- Related: $223,038
- Other: $44,803
- Compensation: $0
- Related: $78,164
- Other: $24,862
- Compensation: $0
- Related: $267,960
- Other: $12,000
- Compensation: $0
- Related: $228,569
- Other: $51,981
- Compensation: $0
- Related: $168,349
- Other: $54,195
- Compensation: $0
- Related: $135,614
- Other: $53,681
- Compensation: $0
- Related: $346,337
- Other: $39,750
- Compensation: $0
- Related: $16,957
- Other: $3,244
- Compensation: $0
- Related: $30,515
- Other: $1,973
- Compensation: $0
- Related: $174,874
- Other: $54,196
- Compensation: $0
- Related: $240,652
- Other: $41,901
- Compensation: $0
- Related: $272,209
- Other: $38,115
- Compensation: $0
- Related: $367,462
- Other: $55,753
Official website here: www.openspaceinstitute.org
Where can I find the form 990 for Open Space Institute Land Trust Inc?
Open Space Institute Land Trust Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.openspaceinstitute.org
Learn more at the official website: www.openspaceinstitute.org
Mission Statement of Open Space Institute Land Trust Inc
Open Space Institute Land Trust (OSILT) is a supporting organization of the Open Space Institute, Inc., dedicated to furthering its mission of protecting land in the Eastern United States. This mission encompasses the preservation of land for clean drinking water, wildlife habitat, improved access to parks and nature for all, healthy communities, and the fight against climate change.
OSILT's efforts towards land protection contribute to stronger communities, ensure access to essential drinking water resources, provide recreational opportunities, reduce greenhouse gas emissions, and safeguard habitats. Operating throughout the Eastern United States, with significant project concentrations in New York, New Jersey, South Carolina, and Georgia, OSI acquires land of ecological, recreational, and climate protection significance. Their ultimate goal is to convey this land to public agencies and conservation partners as permanent additions to publicly accessible lands.
In the year 2022, Open Space Institute Land Trust successfully protected 8.517 acres of land, valued at a fair market value of $30.8 million. This acquisition represents a significant contribution to the ongoing efforts of protecting land and enhancing the quality of life in the Eastern United States. The organization's strategic and smart land conservation approaches strengthen communities and provide long-lasting benefits for future generations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Open Space Institute Land Trust Inc significantly impacts environmental preservation and community health by strategically protecting and conserving land throughout the Eastern United States, particularly in New York, New Jersey, South Carolina, and Georgia. Through effective land acquisition, the organization ensures the conservation of valuable ecological, recreational, and climate-critical areas.
In 2022 alone, Open Space Institute Land Trust Inc safeguarded 8,517 acres of land, valued at $30.8 million. This effort not only enriches local ecosystems but also enhances access to clean drinking water, supports wildlife habitats, and provides recreational opportunities for communities. By prioritizing strategic land conservation, the organization actively contributes to combating climate change and fostering healthier, more resilient communities. Its work strengthens the connection between nature and public health, ensuring that future generations have access to vital natural resources and recreational spaces.
This information is meant to be a general summary of Open Space Institute 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,415,350
- Program Service Revenue: $7,313,747
- Gross Receipts: $164,222,769
Assets and Liabilities:
- Total Assets: $331,677,388
- Total Liabilities: $57,088,131
- Net Assets: $274,589,257
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT REVENUE
Revenue
$5,184,344
LOAN AND BAD DEBT RECOVERY
Revenue
$1,732,598
INTEREST ON LOANS
Revenue
$218,824
SETTLEMENT INCOME
Revenue
$122,876
MANAGEMENT FEES
Revenue
$55,105
Organization Details
Founding Year
1980
Principal Officer
May May Cheng
Website
www.openspaceinstitute.orgNTEE Category
Code: C340 - Environment
If you are a representative of Open Space Institute Land Trust Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.