Overview
What is M-Ark Project Inc?
M-Ark Project Inc is a nonprofit organization situated in Arkville, New York. Their primary mission is to revitalize and preserve the towns of Andes, Bovina, Middletown, and Roxbury, as well as the villages of Margaretville and Fleischmanns. This entails safeguarding and enhancing the area's housing, economic, human, natural, and physical resources. The organization aims to promote sustainable economic development and improve the overall quality of life in the region. Funding for their initiatives comes from both New York State and federal sources, with a team of 5 dedicated individuals working towards these goals.
Official website here: www.markproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The M-Ark Project Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance, with a score of 96%. This high rating indicates that the organization adheres to rigorous standards in financial management and transparency, ensuring that a significant portion of its resources is allocated towards its programs.
Strengths of M-Ark Project Inc include a fully independent board of directors, which demonstrates governance integrity, and high scores in areas such as financial oversight and conflict of interest policies. Notably, the organization maintains a program expense ratio of 86.05%, indicating that a substantial amount of funds is used directly for its charitable programs rather than administrative costs.
While the organization has no reported issues related to material diversion of assets and has established comprehensive policies for document retention and whistleblower protections, the data does not indicate any limitations. Overall, M-Ark Project Inc presents a solid profile for potential donors looking for reliable and effective charitable organizations.
This AI summary has been generated from information found on Charity Navigator.
Is M-Ark Project Inc legitimate?
M-Ark Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. M-Ark Project 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: $43,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,733
For more financial information, click here
Official website here: www.markproject.org
What is the mission statement of M-Ark Project Inc?
The M-Ark Project Inc is committed to safeguarding and revitalizing various resources within its community, including housing, economy, human resources, natural environments, and physical infrastructure. The primary objective of this organization is to foster sustainable economic development and improve the overall quality of life. By undertaking such initiatives, the M-Ark Project Inc aims to enhance the well-being of its community, ensuring its long-term growth and prosperity. The organization receives financial support from both New York State and federal sources to carry out its mission.
Official website here: www.markproject.org
Who is the CEO of M-Ark Project Inc?
Steve Finch is the President of M-Ark Project Inc.
Official website here: www.markproject.org
What is the revenue of M-Ark Project Inc?
M-Ark Project Inc's revenue in 2022 was $1,468,617.
Official website here: www.markproject.org
Who are the executives of M-Ark Project Inc and what are their salaries?
The average compensation at M-Ark Project Inc during 2022 was $34,234. There are 5 employees and 25 volunteers at M-Ark Project Inc.
Here are 13 key members and their salaries:
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Official website here: www.markproject.org
Where can I find the form 990 for M-Ark Project Inc?
M-Ark Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.markproject.org
Learn more at the official website: www.markproject.org
Mission Statement of M-Ark Project Inc
M-Ark Project Inc is committed to safeguarding and revitalizing the resources that contribute to the area's economic development and quality of life. This encompasses housing, economic, human, natural, and physical resources. The organization's mission is to enhance the sustainable growth of the community by revitalizing these resources. Through its efforts, M-Ark Project Inc aims to improve the overall well-being of the area, fostering a more prosperous and livable environment for its inhabitants. The organization receives financial support from both New York State and federal sources.
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Impact
October, 2024
M-Ark Project Inc significantly impacts the communities it serves through its dedicated efforts to protect and revitalize housing, economic resources, and the overall quality of life in the region. By focusing on sustainable economic development, the organization addresses the needs of towns such as Andes, Bovina, Middletown, and Roxbury, as well as the villages of Margaretville and Fleischmanns.
The organization's initiatives contribute to the enhancement of local infrastructure and community resources, ensuring that residents benefit from improved living conditions and economic opportunities. By drawing funds from state and federal sources, M-Ark Project Inc is able to implement programs that directly support community improvement and foster a sense of shared responsibility among residents. Their work not only revitalizes physical spaces but also strengthens community bonds, promoting a healthier and more vibrant environment for all.
This information is meant to be a general summary of M-Ark Project 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: $6,185
- Program Service Revenue: $34,500
- Gross Receipts: $1,491,781
Assets and Liabilities:
- Total Assets: $1,902,271
- Total Liabilities: $289,283
- Net Assets: $1,612,988
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE INCOME
Revenue
$34,500
Organization Details
Founding Year
1978
Phone
(845) 586-3500Principal Officer
Steve Finch
Main Address
PO BOX 516, ARKVILLE, NY, 12406
Website
www.markproject.orgNTEE Category
Code: S20Z - Community improvement
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