Overview
What is Monmouth Conservation Foundation?
Monmouth Conservation Foundation, founded in 1977, is a charitable organization based in Middletown, New Jersey. Its primary mission is to preserve and protect open lands, historic areas, and recreational spaces in Monmouth County, as well as any buildings on these properties. The foundation achieves this by soliciting donations, grants, and conservation easements, and by working with various public and private entities to fund its initiatives. During August 2019, the foundation successfully acquired 190 acres of natural habitat in Wall Township, adding it to Allaire State Park. In September and October of the same year, two farms in Colts Neck were preserved, preventing the development of up to 30 homes. These projects collectively cost $2.1 million and were made possible with assistance from Colts Neck Township, Monmouth County, and the New Jersey Department of Agriculture. In November 2019, an acres-long plot, slated for a 9-home development, was purchased by Neptune Township with assistance from the New Jersey Department of Environmental Protection's Green Acres Program. This land will be transformed into a neighborhood park, offering a new recreational space for the community. The foundation also promotes grassroots efforts to create parks and save open space in local communities, often partnering with concerned residents, municipal officials, and municipal committee representatives. In addition to its land preservation efforts, the foundation offers education programs on conservation and sustainability, educating over 1,000 students about land conservation as a natural climate solution. Monmouth Conservation Foundation also monitors conservation and agricultural easements held by the organization and those held by the County of Monmouth through a contractual agreement between the county and the foundation. Currently, the foundation is working on projects to acquire 100 acres of parkland in Howell and 7 acres in Atlantic Highlands, and is helping Sea Bright improve a waterfront community park. The foundation is also implementing a new preservation program with the Department of Defense through the U.S. Navy and their Reprogramming, Replenishment, and Modernization (REPI) Program. This program will provide a new funding source for land preservation efforts and will require a 50% cost share to match the government funds the foundation will fundraise. With several potential projects lined up to utilize this new funding source, the future of Monmouth Conservation Foundation's land preservation efforts looks promising.
Official website here: www.monmouthconservation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star Rating)
The Monmouth Conservation Foundation has received a two-star rating from Charity Navigator, indicating some concerns regarding its accountability and financial management, which scored significantly lower at 56%. However, it demonstrates strong governance practices with 100% of its board members being independent and having comprehensive policies in place to prevent conflicts of interest and manage documents effectively.
User feedback from Great Nonprofits highlights the foundation's accreditation as a land trust, which signifies adherence to national quality standards in environmental conservation. Reviewers commend its commitment to excellence, indicating that the organization is well-regarded in its mission to protect natural areas and working lands. Such accreditation reflects a serious dedication to ethical practices and responsible operation.
Despite its strengths, the foundation's financial ratios suggest it may need improvement in its program expense ratio and overall financial stability. A low program expense ratio of 48.19% implies that a relatively small portion of its budget is allocated to direct program services, which could be a point of concern for potential donors. Overall, while Monmouth Conservation Foundation has a strong reputation and governance structure, enhancing its financial management could contribute to better outcomes and trust among supporters.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Monmouth Conservation Foundation legitimate?
Monmouth Conservation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monmouth Conservation Foundation 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: $434,969
For more financial information, click here
Official website here: www.monmouthconservation.org
What is the mission statement of Monmouth Conservation Foundation?
The Monmouth Conservation Foundation, established in 1977, was organized with a primary goal to preserve and protect open lands, historic areas, and parks and recreational areas. The foundation seeks to maintain any buildings located on these protected sites. In addition, it solicits and receives various gifts, bequests, legacies, conservation easements, and conveyances of real and personal property to further these purposes. The foundation also applies for, receives, and administers grants from private and public sources, exercising the rights, powers, and duties conferred on non-profit corporations under the laws of New Jersey. In essence, the Monmouth Conservation Foundation is dedicated to the conservation and preservation of natural and historical sites for the benefit of future generations.
Official website here: www.monmouthconservation.org
Who is the CEO of Monmouth Conservation Foundation?
Chris Meagher is the Director of Monmouth Conservation Foundation.
Official website here: www.monmouthconservation.org
What is the revenue of Monmouth Conservation Foundation?
Monmouth Conservation Foundation's revenue in 2022 was $3,086,805.
Official website here: www.monmouthconservation.org
Who are the executives of Monmouth Conservation Foundation and what are their salaries?
The average compensation at Monmouth Conservation Foundation during 2022 was $72,495. There are 6 employees at Monmouth Conservation Foundation.
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Official website here: www.monmouthconservation.org
Where can I find the form 990 for Monmouth Conservation Foundation?
Monmouth Conservation Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monmouthconservation.org
Learn more at the official website: www.monmouthconservation.org
Mission Statement of Monmouth Conservation Foundation
The Monmouth Conservation Foundation, established in 1977, is a non-profit organization with a mission to protect and preserve open lands, historic areas, parks, and recreational areas in New Jersey. This organization's primary goal is to acquire and hold these areas, including any buildings located thereon, with a view to conserving them for future generations.
The Foundation seeks to solicit and receive various forms of donations, such as gifts, bequests, legacies, conservation easements, and conveyances of real and personal property, all in furtherance of its conservation purposes. In addition, it aims to apply for, receive, and administer grants from private and public sources, including federal, state, and county entities, to support its conservation efforts.
Furthermore, the Monmouth Conservation Foundation exercises all the rights, powers, and duties conferred on non-profit corporations under the laws of the State of New Jersey, demonstrating its commitment to its mission and its role as a protector of the environment and historical sites within its purview.
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Impact
June, 2024
Monmouth Conservation Foundation has had a significant impact on land preservation in Monmouth County, New Jersey. Through various initiatives, the foundation has successfully acquired, held, and protected open lands, historic areas, and park and recreational spaces in the region. One of their notable achievements includes the acquisition of a 190-acre natural habitat as an addition to Allaire State Park in Wall Township. This rare, undeveloped tract required years of negotiations and cost $3,819,000.
Additionally, the foundation preserved two farms in Colts Neck, known as the DeGroot and Druesne Farms, totaling 60 acres. These farmlands are now protected from potential development into residential housing, thanks to collaborative efforts with Colts Neck Township, Monmouth County, and the NJ Department of Agriculture. The preservation projects for these farms amounted to $2.1 million.
Furthermore, Monmouth Conservation Foundation, in partnership with Neptune Township and the NJ Department of Environmental Protection's Green Acres Program, successfully purchased land in Neptune Township, formerly known as the Oliver/Shark River Hills Estates property. This land, which was acquired for $1,255,000, is slated to be transformed into a neighborhood park, providing important green space for the surrounding residential area.
In addition to these specific land preservation projects, Monmouth Conservation Foundation has engaged in advocacy efforts to create parks and save open space in local communities. They have also offered youth education programs on conservation and sustainability, reaching over 1000 students in the county. The foundation's stewardship initiatives involve monitoring and defending 1,100 acres of permanently protected lands through annual easement monitoring.
Currently, the foundation is working on several ongoing projects, including park acquisitions in Howell and Atlantic Highlands, farmland preservation in Colts Neck, and efforts to improve access to parks in underserved areas such as Long Branch. They are also involved in initiatives to expand and improve existing parks, like the transformation of the former Chris' Marina property into Swimming River Park.
Overall, Monmouth Conservation Foundation's impact is far-reaching, contributing significantly to the preservation and protection of natural habitats, farmland, and recreational areas in Monmouth County, New Jersey.
This information is meant to be a general summary of Monmouth Conservation Foundation. 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.
- Program Service Revenue: $21,615
- Gross Receipts: $3,191,573
Assets and Liabilities:
- Total Assets: $4,349,467
- Total Liabilities: $43,040
- Net Assets: $4,306,427
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$21,615
Organization Details
Founding Year
1980
Phone
(732) 671-7000Principal Officer
Chris Meagher
Main Address
PO BOX 4150, MIDDLETOWN, NJ, 07748
Website
www.monmouthconservation.orgNTEE Category
Code: C340 - Environment
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