Overview
What is New Suffolk Waterfront Fund Inc?
New Suffolk Waterfront Fund Inc is a nonprofit organization based in New Suffolk, New York. Its primary mission revolves around preserving and protecting the unique and historic waterfront of the area, respecting its scenic beauty and maritime heritage. This preservation aims to create a sustainable environment for both the uplands and the bay, supporting recreational, educational, and commercial activities that enhance community life. The organization aspires to ensure public access opportunities for current and future generations, fostering activities that are environmentally friendly and contribute positively to the community.
Official website here: www.newsuffolkwaterfront.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
The New Suffolk Waterfront Fund Inc has received a solid rating of 87%, which reflects its strong performance in the area of Accountability and Finance. The score is based entirely on its financial practices, indicating a high level of transparency and effective governance. The organization boasts an independent board of directors, ensuring that decision-making is free of conflicts of interest, which is a significant strength.
In terms of financial health, the organization has demonstrated sound management with a low liabilities to assets ratio of 36.54%, indicating stability. Furthermore, the program expense ratio of 67.83% suggests that a substantial portion of its resources is dedicated to fulfilling its mission. The presence of essential policies such as conflict of interest and whistleblower protections adds to its credibility and commitment to ethical practices.
While the organization has shown commendable accountability, receiving an overall score derived solely from financial metrics may limit the insight into its programmatic impact and effectiveness. Potential donors might want to consider additional factors such as specific outcomes related to its mission when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is New Suffolk Waterfront Fund Inc legitimate?
New Suffolk Waterfront Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Suffolk Waterfront Fund 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:
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Other Salaries and Wages: $11,641
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Official website here: www.newsuffolkwaterfront.org
What is the mission statement of New Suffolk Waterfront Fund Inc?
The New Suffolk Waterfront Fund Inc is dedicated to preserving and protecting its unique waterfront, respecting its scenic beauty and maritime heritage. The organization strives to support recreational, educational, and commercial activities on the site, ensuring they enhance community life and are environmentally sustainable. Additionally, they aim to guarantee public access opportunities now and for future generations, ensuring the continuation of these activities for the benefit of all.
Official website here: www.newsuffolkwaterfront.org
Who is the CEO of New Suffolk Waterfront Fund Inc?
Patricia Lowry is the Chair of New Suffolk Waterfront Fund Inc.
Official website here: www.newsuffolkwaterfront.org
What is the revenue of New Suffolk Waterfront Fund Inc?
New Suffolk Waterfront Fund Inc's revenue in 2022 was $188,836.
Official website here: www.newsuffolkwaterfront.org
Who are the executives of New Suffolk Waterfront Fund Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.newsuffolkwaterfront.org
Where can I find the form 990 for New Suffolk Waterfront Fund Inc?
New Suffolk Waterfront Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newsuffolkwaterfront.org
Learn more at the official website: www.newsuffolkwaterfront.org
Mission Statement of New Suffolk Waterfront Fund Inc
The New Suffolk Waterfront Fund Inc, a dedicated non-profit organization, strives to preserve and protect the unique and historic waterfront, respecting its scenic beauty and maritime heritage. Their mission is multifaceted, aiming to support recreational, educational, and commercial activities on the site that enhance community life, all while ensuring environmental sustainability for both the uplands and the bay. This non-profit also seeks to ensure public access opportunities, not just for the present, but for future generations as well. By doing so, they aim to create an environmentally friendly and engaging space that benefits the entire community.
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Impact
June, 2024
New Suffolk Waterfront Fund Inc's impact is significant in preserving and protecting New Suffolk's unique and historic waterfront. Their efforts help maintain the property's scenic beauty and maritime heritage while supporting recreational, educational, and commercial activities that enhance community life in environmentally sustainable ways. By ensuring public access opportunities now and for future generations, they contribute to the overall well-being of the community and the preservation of the environment.
This information is meant to be a general summary of New Suffolk Waterfront Fund 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: $422
- Program Service Revenue: $1,468
- Gross Receipts: $299,165
Assets and Liabilities:
- Total Assets: $3,509,321
- Total Liabilities: $1,263,588
- Net Assets: $2,245,733
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NS SITE INCOME
Revenue
$1,468
Organization Details
Founding Year
2005
Phone
(631) 566-0806Principal Officer
Patricia Lowry
Main Address
PO BOX 146, NEW SUFFOLK, NY, 11956
Website
www.newsuffolkwaterfront.orgNTEE Category
Code: C30 - Environment
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