Overview
What is Commonweal Conservancy Inc?
Commonweal Conservancy Inc is a nonprofit organization situated in Santa Fe, New Mexico. Dedicated to conservation and community development, they have played an instrumental role in enhancing recreational opportunities by establishing three miles of hiking, cycling, and equestrian trails. These trails cater to thousands of visitors annually, making Commonweal Conservancy Inc the custodian of the largest network of nonprofit-owned, publicly-accessible trails in the American Southwest. Besides recreational development, the organization facilitated the reconstruction of a historic wetland, providing essential resources for local fauna and migrating birds during drought periods. Commonweal Conservancy Inc integrates environmental protection and community building, aiming to provide for public needs such as affordable housing, educational opportunities, and economic development while preserving substantial open spaces.
Official website here: www.commonwealconservancy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Commonweal Conservancy Inc has received an overall rating of 82%, which reflects a strong performance in accountability and finance. The score is derived entirely from the Accountability & Finance beacon, highlighting that their financial practices and governance structures are robust. The organization boasts 100% independent board members and complies with important policies such as conflict of interest and whistleblower protections.
The charity demonstrates a commendable program expense ratio of 89.53%, indicating that a significant portion of its budget is allocated toward its programs rather than administrative costs. Furthermore, the absence of any material diversion of assets underscores the integrity of its financial management. These strengths contribute positively to the organization's credibility and effectiveness in fulfilling its mission.
However, a notable limitation is the liabilities to assets ratio, which stands at 137.80%. This could indicate potential financial stress or challenges in managing debts relative to its assets. While the high program expense ratio is a positive sign, prospective donors may want to consider this aspect of the financial health when evaluating their support for Commonweal Conservancy Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Commonweal Conservancy Inc legitimate?
Commonweal Conservancy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonweal 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,097
For more financial information, click here
Official website here: www.commonwealconservancy.org
What is the mission statement of Commonweal Conservancy Inc?
Commonweal Conservancy Inc is a nonprofit organization dedicated to fostering enduring connections between people, land, and the built environment. Their mission lies in integrating environmental protection and community building. They acquire significant landscapes that embody a community's sense of place and oversee the planning, entitlement, and development processes associated with inclusive and engaging place-making. Commonweal Conservancy Inc strives to cater to public needs, such as providing affordable housing, educational opportunities, and economic development, while also ensuring the protection and availability of substantial open spaces that are deeply cared for.
Official website here: www.commonwealconservancy.org
Who is the CEO of Commonweal Conservancy Inc?
Ted O Harrison is the Chair/Vice President of Commonweal Conservancy Inc.
Official website here: www.commonwealconservancy.org
What is the revenue of Commonweal Conservancy Inc?
Commonweal Conservancy Inc's revenue in 2022 was $770,695.
Official website here: www.commonwealconservancy.org
Who are the executives of Commonweal Conservancy Inc and what are their salaries?
The average compensation at Commonweal Conservancy Inc during 2022 was $30,032. There are 3 employees and 110 volunteers at Commonweal Conservancy Inc.
Here are 5 key members and their salaries:
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- Compensation: $142,267
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Official website here: www.commonwealconservancy.org
Where can I find the form 990 for Commonweal Conservancy Inc?
Commonweal Conservancy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.commonwealconservancy.org
Learn more at the official website: www.commonwealconservancy.org
Mission Statement of Commonweal Conservancy Inc
Commonweal Conservancy Inc is a nonprofit organization that focuses on conservation-based community development. Their mission is to establish enduring connections between people, land, and the built environment. By integrating the objectives of environmental preservation and community building, Commonweal Conservancy Inc acquires significant landscapes that embody a community's unique sense of place. This dedicated organization spearheads the planning, entitlement, and development processes associated with inclusive and engaging place-making. Through this approach, they aim to cater to public needs such as affordable housing, educational opportunities, and economic development, while also ensuring the protection and accessibility of substantial open spaces that are deeply cared for.
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Impact
October, 2024
Commonweal Conservancy Inc has made a significant impact on conservation and community development in the Santa Fe region and beyond. By focusing on creating a sustainable interaction between people, land, and the built environment, the organization has become a vital player in enhancing local recreational opportunities and ecological health.
One of its notable achievements includes the development of three miles of new hiking, cycling, and equestrian trails in the Galisteo Basin Preserve. This expansion not only improves access to beautiful landscapes for visitors but also supports the local economy by attracting tens of thousands of outdoor enthusiasts from across the nation. The organization’s efforts in trail maintenance, involving over 400 hours of volunteer work in 2021/22, further enhance the usability and safety of these trails, ensuring they remain navigable and enjoyable for everyone.
In addition to recreational improvements, Commonweal Conservancy is committed to ecological restoration. The reconstruction of a historic wetland serves as a crucial habitat for local fauna and migratory birds, particularly during drought periods. This project highlights their focus on integrating environmental protection with community needs, offering a source of water and food for wildlife while restoring a vital ecosystem.
Through its integrative conservation development approach, Commonweal Conservancy seeks to balance public needs such as affordable housing, education, and economic development with the preservation of substantial open spaces. By acquiring significant landscapes and leading inclusive place-making initiatives, the organization fosters a strong sense of community and place, ensuring that both nature and local residents thrive together.
This information is meant to be a general summary of Commonweal 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 2022.
- Investment Income: $12,194
- Program Service Revenue: $600,556
- Gross Receipts: $770,695
Assets and Liabilities:
- Total Assets: $4,702,615
- Total Liabilities: $5,275,108
- Net Assets: -$572,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT REVENUE
Revenue
$369,136
EASEMENT TAX CREDIT SA
Revenue
$227,500
STEWARDSHIP FEES
Revenue
$3,920
Organization Details
Founding Year
2003
Phone
(505) 690-3094Principal Officer
Ted O Harrison
Main Address
369 MONTEZUMA AVENUE 495, SANTA FE, NM, 87501
NTEE Category
Code: L20 - Housing
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